I'm in the process of switching my domestic home loan to a BTL Bank of Scotland mortgage. I was told by my financial advisor that I must appoint a solicitor for this. I got in contact with my previous Hornsey conveyancing practitioner who acted on my behalf when I initially acquired the house. The costs illustration e-mailed to me of just over five hundred pounds has taken me by surprise as I am not require purchase conveyancing - it’s just a straightforward remortgage.

The charges seem a little high. Where you are content to expend time contrasting prices you might shave off some of the cost by perhaps £100 plus VAT. On the other hand, assuming were happy with the legal work the firm offered you maycome to regret opting for an an unknown conveyancer. Don't forget to check that the firm can represent Bank of Scotland. You can utilise our search tool to locate a Hornsey conveyancing firm on the Bank of Scotland conveyancing panel, which can often include conveyancing solicitors in Hornsey.

What can a local search reveal regarding the property I am buying in Hornsey?

Hornsey conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for instance Onsearch The local search plays a central part in most Hornsey conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search should reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.

It has been three months since my purchase conveyancing in Hornsey completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Just had an offer accepted on a new build apartment in Hornsey. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hornsey

There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared.

Over the last few months I have been searching for a ground for flat up to £235,500 and found one close by in Hornsey I like with a park and railway links nearby, the downside is that it's only got 51 years on the lease. There is not much else in Hornsey for this price, so just wondered if I would be making a mistake buying a short lease?

If you require a mortgage the remaining unexpired lease term will likely be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.