Having been suggested to visit your company we were going to use a conveyancing solicitor in Finsbury listed by you but have come across some other estimates via the web look less expensive – how come?
You can find hundreds of solicitors advertising what appear to be extremely cheap conveyancing in Finsbury. We suggest that you think long and hard as to how important this transaction is to you that you are willing to be penny wise pound foolish in relation to the quality of the conveyancing. Some embed additional charges well inside the terms of business. The law firms that we list for conveyancing in Finsbury neverbehave this way.
I am about to put a bid on a leasehold flat in Finsbury. The estate agents assure me that it is usual for flats in Finsbury to have less than 75 years unexpired on the lease. I am expecting a mortgage with Tesco Bank. Will the property be mortgageable given that the lease has 69 years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 24/1/2026 the requirements read as follows :
When it comes to mortgage companies such as TSB, do Finsbury conveyancing practitioners have to pay a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
I currently have a mortgage with HSBC for my property in Finsbury. Conveyancing has been completed a year ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?
You must advise HSBC in advance of renting your property as this is likely to be a breach of HSBC’s mortgage conditions. It may be that HSBC will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. You need not do this via a HSBC conveyancing panel solicitor.
I was told two weeks ago that my mortgage has been agreed to by Principality. Is it usual for Principality to only issue the offer once my solicitor in Finsbury is approved on their conveyancing panel? Principality have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
2 months have elapsed following my purchase conveyancing in Finsbury completed. I have checked the Land Registry website which shows that I paid £200,000 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 residence 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.
How does conveyancing in Finsbury differ for newly converted properties?
Most buyers of new build residence in Finsbury contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is finished. This is because house builders in Finsbury typically purchase 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 conveyancers 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 accustomed to new build conveyancing in Finsbury or who has acted in the same development.