Our lender has recommended a law firm on their panel based in Finsbury but I would rather choose a conveyancing lawyer in Finsbury round the corner to me. Can you help?

Not all Finsbury conveyancing solicitors are listed all banks conveyancing panel. Use the above search tool to identify a Finsbury conveyancing conveyancer on the on the mortgage company panel.

I have been told that property searches are a common reason for obstruction in Finsbury house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays during the legal transfer of property. Local searches are unlikely to feature in any holding up conveyancing in Finsbury.

I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a quick, no chain conveyancing. Finsbury is where the house is located. Is there any guidance you can give?

Flying freeholds in Finsbury are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Finsbury you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Finsbury 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.

I am employed by a busy estate agent office in Finsbury where we see a few leasehold sales put at risk due to short leases. I have been given conflicting advice from local Finsbury conveyancing firms. Could you clarify whether the seller of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I have had difficulty in trying to purchase the freehold in Finsbury. Can the Leasehold Valuation Tribunal adjudicate on premiums?

You certainly can. We are happy to put you in touch with a Finsbury conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Finsbury property is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case related to 1 flat. The remaining number of years on the lease was 66.8 years.

My husband and I are are looking to find an affordable conveyancing solicitor in Finsbury to assist me in selling my place. I I am concerned about by bill escalating out of control but with various Finsbury conveyancing organisations out there...who do I opt for?

An independent personal recommendation via a friend or family member who has instructed a conveyancing lawyer previously is always a good thing. You are bound to know someone who has used a conveyancing solicitor at some point. Feel free to use our comparison tool for Finsbury conveyancing quotes