I am purchasing a terraced house in Hornsey. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Hornsey you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Hornsey.
Is it the case that all Hornsey CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing panel?
Some major banks and building societies now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
We had appointed conveyancers locally in Hornsey on the Kent Reliance solicitor panel. They have just billed me a supplemental amount for dealing with the Kent Reliance mortgage. Is this an additional conveyancing fee specified by Kent Reliance?
As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your conveyancing practitioner may levy a fee for this. The fee is not set by Kent Reliance but by your Hornsey lawyer. Plenty of firms on the Kent Reliance panel will levy an ‘acting for lender’ fee but many practices incorporate it on their overall fee.
Planning on purchasing a house in Hornsey. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hornsey conveyancer is on the Leeds Building Society conveyancing panel.
I have recentlydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Hornsey for a purchase of a leasehold flat 10 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The quickest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hornsey conveyancing specialists.
Given that I am about to part with hundreds of thousands of pounds on a house in Hornsey I would like to talk to a conveyancer concerning thehome move in advance of appointing the firm. Is this something that you can arrange?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor due to be doing your conveyancing in Hornsey.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter reference. The law firms that we put you in touch with believe that the figure you are quoted for your conveyancing in Hornsey should be the figure that you end up paying.
In my capacity as executor for the will of my father I am selling a residence in Neath but live in Hornsey. My lawyer (based 300 miles from mehas requested that I execute a statutory declaration before the transaction finalising. Could you suggest a conveyancing solicitor in Hornsey who can attest this legal document for me?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Hornsey based
Despite our best efforts, we have been unsuccessful in trying to purchase the freehold in Hornsey. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most definitely. We are happy to put you in touch with a Hornsey conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Hornsey flat is 7 Aubrey Road in December 2010. By an order of the county court on 15/12/2009 the freehold interest inthe Property known as 7 Aubrey Road London N8 9HH (the Property) and registered at HM Land Registry under title number MX439124 was vested in the applicants. The Tribunal calculated that the total enfranchisement premium, assessed in accordance with Schedule 6 to the Act, was £54,633. This case was in relation to 3 flats. The unexpired term as at the valuation date was 73.27 years.
What are the frequently found problems that you come across in leases for Hornsey properties?
There is nothing unique about leasehold conveyancing in Hornsey. All leases are unique and drafting errors can sometimes mean that certain clauses are not included. The following missing provisions could result in a defective lease:
A duty to insure the building A provision for the recovery of money spent for the benefit of another party.
A defective lease will likely cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Halifax, Chelsea Building Society, and TSB all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the buyer to withdraw.