We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would prefer to appoint a Hornsey based conveyancing firm?

You should check but the the likelihood is that appoint one of their panel lawyers should you accept the "fee-free" deal. Speak to the mortgage company and determine if they offer you a cash alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Hornsey.

What does commercial conveyancing in Hornsey cover?

Commercial conveyancing in Hornsey incorporates a wide array of advice, given by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

In searching the internet for the phrase conveyancing in Hornsey it reveals numerous property lawyerslocally. How do I determine which is the suitable property lawyer for purchase transaction?

The ideal way of choosing a suitable conveyancer is through a personal referral, so enquire of colleagues and relatives who have acquired a property in Hornsey or a reputable estate agent or financial adviser. Costs for conveyancing in Hornsey differ, so it's a good idea to secure a minimum of three estimates from different law firms. Be sure to secure confirmation that the costs are guaranteed not to to be inflated.

Can you offer any advice when it comes to finding a Hornsey conveyancing firm to carry out our lease extension conveyancing?

When appointing a property lawyer for lease extension works (regardless if they are a Hornsey conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Hornsey conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:

Can they put you in touch with clients in Hornsey who can give a testimonial?

I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Hornsey conveyancing firm to assist?

in cases where there is a absentee landlord or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the LVT to assess the sum to be paid.

An example of a Freehold Enfranchisement case 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 remaining number of years on the lease was 73.27 years.

Midway through the sale of a leasehold flat in Hornsey. Conveyancing solicitors are doing their job but we have been asked to pay an extortionate amount from the freeholder. To date we have forked out £268 for a leasehold management information and then a further £200 plus VAT for additional queries raised by the purchaser's lawyer.

Your solicitor will unlikely have any control over the level of the charges for this information but the average fee for the information for Hornsey leasehold property is £350. When it comes to Hornsey conveyancing sales it is standard for the vendor to pay for these costs. The landlord or their agents are under no statutory obligation to address these questions although many will agree to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no legislation that mandates capped charges for administrative tasks. Nor is there any prescriptive time frame by which they are required to supply the information.