My partner and I are acquiring a newly constructed flat in Hornsey Rise and my conveyancer is telling me that she has to the bank to reveal incentives from the builder. The Estate Agents are hassling me to exchange contracts and I would rather not delay deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Having sold my house in Hornsey Rise last March but the buyer keeps calling daily to say their solicitor needs to hear from mysolicitor. What are the post completion sale legalities following completion?
Post completion of your house sale your lawyer should forward the transfer deeds and all of the paperwork to the purchaser's solicitors. Depending on the transaction, your conveyancer must also evidence that the home loan has been discharged to the buyers solicitors. There is unlikely to be post completion procedures peculiar conveyancing in Hornsey Rise.
Despite weeks of looking the Title Certificate and documents to my house are lost. The solicitors who handled the conveyancing in Hornsey Rise 10 years ago no longer exist. What are my next steps?
Gone are the days when you need to have the physical original deeds to prove you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Hornsey Rise differ for newly converted properties?
Most buyers of new build property in Hornsey Rise come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because house builders in Hornsey Rise typically acquire the real estate, 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 conveyancing solicitors 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 Rise or who has acted in the same development.
I am a sole trader intending to take an assignment of a lease of an office on the high street. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Hornsey Rise for less than £2000?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Hornsey Rise, including the disposal and acquisition of businesses as well as simply property. Whether you are hoping to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right lawyer. As for the charges these will vary based on the structure and complexity of the deal. Let us have your details or phone us so that we may provide you with a fixed commercial conveyancing calculation.