My Chipping Barnet solicitor has identified an inconsistency when comparing the surveyor’s assumptions in the home valuation survey and what is revealed within the legal papers for the property. My solicitor has advised that he is obliged to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s approach appropriate?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Will conveyancers request money on account when it comes to conveyancing in Chipping Barnet?
Where you are retaining lawyers for conveyancing in Chipping Barnet your solicitor will ask you to provide them with funds to cover the search fees. This will be the total of the cost of the conveyancing searches. When the deposit is as part of the total price then this will be required shortly prior to exchange of contracts. Any further balance that is due will be payable shortly before completion.
I am thinking of mortgaging my house in Chipping Barnet, does my lawyer have to be on the Coventry BS Conveyancing panel?
There is nothing to stop you using your solicitor, but Coventry BS will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
My father-in-law has urged me to appoint his lawyers for conveyancing in Chipping Barnet. Do I take his advice?
Much as we are happy to recommend a Chipping Barnet conveyancing lawyer the best way to select a conveyancing practitioner is to get recommendations from friends or family who have actually previously instructed the firm that you are considering.
Jane (my partner) and I may need to sub-let our Chipping Barnet ground floor flat for a while due to a career opportunity. We used a Chipping Barnet conveyancing firm in 2001 but they have since shut and we did not have the foresight to seek any guidance as to whether the lease permits subletting. How do we find out?
Notwithstanding that your previous Chipping Barnet conveyancing lawyer is no longer available you can check your lease to check if you are permitted to let out the property. The accepted inference is that if the deeds are silent, subletting is allowed. There may be a precondition that you must obtain consent from your landlord or some other party before subletting. This means that you cannot sublet without prior consent. The consent is not allowed to be unreasonably withheld. If your lease prohibits you from letting out the property you will need to ask your landlord if they are willing to waive this restriction.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Chipping Barnet conveyancing firm to help?
Most definitely. We are happy to put you in touch with a Chipping Barnet conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Chipping Barnet premises is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case related to 1 flat. The unexpired residue of the current lease was 76 years.