We see that you have a post code search directory identifying solicitors on the Virgin Money conveyancing panel. Do companies pay you a referral fee if I appoint them for our own conveyancing in Hornsey?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hornsey.
The Hornsey conveyancing solicitors that just started acting on my house acquisition in Hornsey have suddenly closed. I only went with them because I had to have a lawyer on the Nottingham conveyancing panel and my family Hornsey lawyer was not. I paid them £170 on account. What do I do now?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nottingham conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require this when acquiring a property in Hornsey? or I am told that there is historic law that means some owners of property living in a parish church boundary will be compelled to contribute towards repairs to the chancel in proximity to the church. Is this relevant for conveyancing in Hornsey?
Unless a prior purchase of the premises took place after 12 October 2013 you may assume that conveyancing practitioners handling conveyancing in Hornsey to continue to suggest a chancel search and or insurance against a claim.
How does conveyancing in Hornsey differ for new build properties?
Most buyers of new build property in Hornsey come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is completed. This is because house builders in Hornsey tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Hornsey or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Hornsey prior to appointing lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some banks tend not grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Halifax. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hornsey. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hornsey to see if the conveyancing will be more expensive.
In what way does the Landlord & Tenant Act 1954 impact my business offices in Hornsey and how can you help?
The 1954 Act gives protection to commercial lessees, giving them the dueness to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and help with commercial conveyancing in Hornsey