We were just about to exchange contracts for a ground floor flat in Chipping Barnet. We encountered a stumbling block. Our loan offer with Leeds Building Society runs out on 2/3/2026 but the vendors are suggesting a completion date of 4/3/2026. Is it possible to extend the loan expiry date?

The best person to address this concern is your lawyer who will calculate whether they corresponding with the mortgage broker, seller’s lawyers, property agents or conceivably all three given what has happend in your conveyancing as of today.

We are buying a house in Chipping Barnet. It might be a silly question but how we can trust a conveyancer? On completion day we will need to deposit money into their account. What is the protection we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

My conveyancer has informed me that defective lease insurance is required on my purchase. What is the level of cover for Chipping Barnet conveyancing?

The right level of defective lease indemnity insurance should be dictated by who who your lender is. It would differ for example between Accord Mortgages Ltd and Virgin Money. Conveyancing solicitors as opposed to borrowers take out such insurances.

When it comes to lenders such as Nationwide, do Chipping Barnet conveyancing practitioners incur a yearly amount to be on the list of approved solicitors?

We are not aware of any bank fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.

Should my solicitor be asking questions about flooding as part of the conveyancing in Chipping Barnet.

Flooding is a growing risk for lawyers dealing with homes in Chipping Barnet. There are those who purchase a house in Chipping Barnet, fully expectant that at some time, it may suffer from flooding. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Conveyancers are not qualified to offer advice on flood risk, however there are a various checks that can be carried out by the buyer or on a buyer’s behalf which should figure out the risks in Chipping Barnet. The conventional set of completed inquiry forms given to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the owner to discover whether the property has ever been flooded. If flooding has previously occurred which is not disclosed by the seller, then a buyer may bring a claim for damages as a result of such an inaccurate response. The purchaser’s solicitors may also conduct an enviro report. This will reveal if there is a recorded flood risk. If so, further inquiries should be conducted.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Chipping Barnet. Conveyancing is necessary evil 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 conveyancing.

Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Chipping Barnet

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision.

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At this site receive a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Chipping Barnet. As opposed to estate agents and brokerage sites we do not operate kick-back deals with solicitors. Some agents and online brokers 'recommend' solicitors that pays the most kickback, as opposed to the best value conveyancing in Chipping Barnet