Me and my fiance are buying a flat in Hornsey. My Solicitor is not on the lender approved panel. Is it possible for me to appoint my Hornsey conveyancing solicitor notwithstanding that they are not on the bank approved list?
You have a number of alternatives open to you here
- Complete the deal with your chosen Hornsey conveyancer but your mortgage company will undoubtedly appoint a property lawyer from their approved list. The net result is additional cost together with likely frustration.
- Choose a new conveyancer to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your conveyancing practitioner to pull out all the stops to get listed on the bank’s panel of solicitors
My bank has suggested solicitors on their panel based in Hornsey but I would rather instruct a conveyancing lawyer in Hornsey round the corner to me. Are you able to assist?
Far from all Hornsey conveyancing practices are approved and listed on all banks conveyancing panel. Use our search tool to choose a Hornsey conveyancing conveyancer on the on the bank panel.
We are getting the release of further monies on our home loan from UBS as we want to conduct renovations to our house in Hornsey. Do we need to choose a high street Hornsey solicitor on the UBS conveyancing panel to handle the legals?
UBS would not normally require firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS panel.
My offer was accepted on a property in Hornsey on 12/2/2021, valuation was booked 4 days after, all came back fine. Solicitor retained, so all that was missing was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
Our sealed bid on a semi in Hornsey has been agreed to, the vendors do nevertheless have an associated purchase. The owners have placed an offer on on an apartment, but it’s not yet agreed to, and are looking at other apartments in the pipeline. I have instructed a bricks and mortar conveyancing solicitor in Hornsey. What should be my next step? When should I get the mortgage application with Coventry BS going?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then valuation, Hornsey conveyancing search fees, etc). The first thing to do is check that your conveyancer is on the Coventry BS approved list. As to the next phase this very much dictated by the uniqueness of your case, desire for the property and on the state of the market. In a hot market some purchasers would apply for a home loan with Coventry BS and pay for the valuation and only if it was satisfactory would they ask their conveyancer to proceed with the conveyancing in Hornsey.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The lawyers who conducted the conveyancing in Hornsey 10 years ago have long since closed. What are my options?
In today’s world there are duplicates made of almost everything, and your solicitor should be aware exactly where to locate all the relevant paperwork so you can buy or dispose of your property without any difficulty. If copies can’t be found, your solicitor can put in place insurance or indemnities protecting you against future claims on the premises.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Hornsey is where the house is located. Can you offer any guidance?
Flying freeholds in Hornsey are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hornsey you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hornsey may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Should I go with a Hornsey conveyancing solicitor who is local to the property I am purchasing? I have an old university friend who can handle the legal formalities but her office is 300kilometers away.
The benefit of a local Hornsey conveyancing firm is that you can attend the office to execute paperwork, present your identification documents and pester them where appropriate. Having local Hornsey know how is a benefit. However it's more important to get someone that will pull out all the stops for you. If you know people who used your friend and in the main were impressed that must trump using an unfamiliar Hornsey conveyancing lawyer solely due to them being round the corner.