The owners of the home we are hoping to buy have instructed a conveyancing firm in Chipping Barnet who has suggested a exclusivity agreement with a non-refundable deposit 10k. Are such agreements sensible?
This type of agreement isn't common in Chipping Barnet, conveyancers are often found to veer clients away from them as they divert attention from the main conveyancing focus and if you end up losing your deposit then the lawyer at best left with an upset client and at worst a litigious one. Secondly, there is no guarantee that just because the owner has entered into an exclusivity agreement they will sell to you. They may be tempted to break the contract if they are offered a large enough offer to do so because a wronged buyer with the benefit of a lockoutcontract will still be obliged establish consequential losses from the breach and these may not equalise the financial benefit that your vendor may gain by breaking the agreement, however morally condemnable that may be.
We are looking to buy a house and need a conveyancing solicitor in Chipping Barnet who is on the Leeds Building Society approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Chipping Barnet.
We are purchasing a newly converted apartment in Chipping Barnet with a residential mortgage from Nationwide Building Society.We like our Chipping Barnet conveyancing lawyer but Nationwide Building Society says her practice is not listed on their approved list of member firms. It seems we are left with no choice but to instruct a Nationwide Building Society panel solicitor or retain our local solicitor and fork out for one of their panel ones to act for them. This seems very unfair; is there anything we can do?
Unfortunately,no. The mortgage issued to you is subject to its terms and conditions, a common one being that conveyancers will be on the Nationwide Building Society conveyancing panel. in the past, most mortgage companies had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Nationwide Building Society
I am assisting my niece sell her house in Chipping Barnet. Does the solicitor arrange an energy performance certificate or it is for me to see to?
Following the abolition of HIPs, energy assessments was left as a required part of moving house. An energy performance certificate needs to be commissioned prior to the property being placed on the market. It is not a task that lawyers normally arrange. Where you are instructing a Chipping Barnet conveyancing lawyer they may be able to arrange energy assessments due to their relationships with long established local accredited person
A friend advised me that in buying a property in Chipping Barnet there may be a number of restrictions affecting the ability to carry out external alterations to the property. Is this right?
There are a number of properties in Chipping Barnet which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Chipping Barnet should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Does a directory service exist listing Bank of Ireland panel solicitors in Chipping Barnet on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. Very few mortgage companies make their panel listings available on the web. If you are in need of a Chipping Barnet conveyancer on the Bank of Ireland please make the most of our tool.
I require fast conveyancing in Chipping Barnet as I am faced with pressure to exchange contracts within one month. A mortgage is not required. Can I avoid the conveyancing searches to save money and time?
As you are not getting a home loan you are at liberty not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in Chipping Barnet the following are instances of issues that can be revealed and therefore impact market value: Refused Planning Applications, Outstanding Fees, Overdue Grants, Unadopted Roads,...
I have recently realised that I have Seventy years remaining on my flat in Chipping Barnet. I now want to get lease extension but my freeholder is missing. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. However, you will be required to demonstrate that you have made all reasonable attempts to locate the freeholder. For most situations an enquiry agent may be useful to conduct investigations and prepare a report which can be used as evidence that the landlord can not be located. It is wise to seek advice from a conveyancer in relation to devolving into the landlord’s absence and the vesting order request to the County Court covering Chipping Barnet.
I have had difficulty in seeking a lease extension in Chipping Barnet. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We are happy to put you in touch with a Chipping Barnet conveyancing firm who can help.
An example of a Lease Extension decision for a Chipping Barnet property 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 affected 1 flat. The unexpired term as at the valuation date was 76 years.