We're in Hornsey Rise, FTBs buying with a mortgage (lender is Lloyds , and our solicitor is on the Lloyds conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
This question may be naive but I am unseasoned as a 1st time buyer of a garden flat in Hornsey Rise. Do I pick up the keys to the premises on completion from my conveyancer? If so, I will instruct a High Street conveyancing solicitor in Hornsey Rise?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you will be able to pick up the keys from the selling Agents and move into your new home. Usually this occurs between 1 and 3pm.
I had an offer accepted on a house in Hornsey Rise on 4/4/2024, valuation was booked 2 days later, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to Kent Reliance and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Kent Reliance conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
After shopping around on the internet I have found a Hornsey Rise solicitor having made sure that they are on the Virgin Money conveyancing panel. Does my lawyer arrange the survey of the property?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Hornsey Rise postcode. As you are getting a mortgage with Virgin Money, you could contact them to see if they have a list of approved surveyors in Hornsey Rise.
I am planning on selling our property in Hornsey Rise and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the buyers used an online conveyancing firm as opposed to a conveyancing solicitor in Hornsey Rise. Having lived in Hornsey Rise for 4 years we know of no issue. Do we get in touch with our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing solicitor already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Me and my brother own a renovated Edwardian house in Hornsey Rise. Conveyancing practitioner represented me and Barnsley Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hornsey Rise and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing lawyer who carried out the work.
I am hoping to sign contracts shortly on a basement flat in Hornsey Rise. Conveyancing solicitors assured me that they will have a report out to me within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Hornsey Rise should include some of the following:
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Who has the liability for repairing the window frames You should be told what counts as a Nuisance in the lease What you can do if a neighbour breaches a clause of their lease? Information concerning the obligations as set out in the lease to pay service charges - in respect of the block, and the more general rights a tenant enjoys What the implications are if you are in breach of your lease terms?
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Hornsey Rise conveyancing firm to help?
in cases where there is a missing landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to determine the premium.
An example of a Freehold Enfranchisement decision for a Hornsey Rise residence is 51 Lorne Road in November 2009. The price Payable as decided by the tribunal for the freehold reversion was £27,000. The valuation follows the order of the County Court made on 3 April 2008 granting a vesting order. This case affected 1 flat. The remaining number of years on the lease was 71 years.
I'm selling a bungalow in Hornsey Rise. I have found my conveyancer's company on the Law Society's list, but I can't see my conveyancer's name on the list. Is this a big problem?
Not every individual in the company must be listed by the regulator. Provided there is a manager qualified to 'oversee' the work, the actual day-to-day activity can be conducted by unlicensed staff.