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Find a Chipping Barnet Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Chipping Barnet? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Chipping Barnet home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Chipping Barnet conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Chipping Barnet

I am in the market for a low cost conveyancer. Do I opt for a web based conveyancer as opposed to a family Chipping Barnet conveyancing solicitor?

Established third party relationships are another important factor to consider when choosing conveyancing solicitors. Chipping Barnet conveyancers enjoy connections with mortgage brokers and Chipping Barnet, local authorities, surveyors and other law firms meaning you will move in shortest possible time. Having a well rounded insight into the local area also helps too.

The Chipping Barnet conveyancing firm that I recently instructed on my purchase in Chipping Barnet have without warning closed. I chose them because I had to have a lawyer on the Principality conveyancing panel and my preferred Chipping Barnet lawyer was not. I paid them funds in advance. What are my options?

If you have an estate agent involved then inform them immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Principality conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.

I'm purchasing my first flat in Chipping Barnet with the aid of help to buy. The builders refused to move on the price so I negotiated five thousand pounds worth of extras instead. The estate agent told me not inform my solicitor about this extras as it will jeopardize my loan with Nottingham Building Society. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, no chain conveyancing. Chipping Barnet is the location of the property. Can you offer any assistance?

Flying freeholds in Chipping Barnet are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chipping Barnet you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chipping Barnet may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

I am in need of some leasehold conveyancing in Chipping Barnet. Before diving in I would like to find out the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and most are in Chipping Barnet - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I own a first floor flat in Chipping Barnet. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?

You certainly can. We can put you in touch with a Chipping Barnet conveyancing firm who can help.

An example of a Lease Extension decision for a Chipping Barnet residence 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 remaining number of years on the lease was 76 years.

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Neighbouring Locations

Monken Hadley
Arkley
Chipping Barnet
Barnet
Temple Fortune
Totteridge

Find out more about how flying freehold can affect your the value of a property.