I am hoping to move into my new home in Golders Green next Thursday. My now wants me to supply her with proof of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the bank. What risks does the mortgage company expect the insurance to cover?

All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These requirements are not limited to conveyancing in Golders Green.

Is there a reason why leasehold purchase conveyancing in Golders Green costs more?

In summary, leasehold conveyancing in Golders Green and usually necessitates additional work compared to freehold transactions. This includes lease investigation, liaising with the landlord concerning serving appropriate notices, securing current service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.

I am buying a new build flat in Golders Green. Conveyancing is a frightening process 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 legal work.

Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Golders Green

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.

Due to the input of my in-laws I had a survey completed on a property in Golders Green ahead of appointing solicitors. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies may not grant a loan on such a property.

It depends who your proposed lender is. Bank of Scotland has different instructions for example to Halifax. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Golders Green. Conveyancing may be slightly more expensive based on your lender's requirements.

Taking into account that I am about to part with hundreds of thousands of pounds on 3 bedroom house in Golders Green I wish to talk to a lawyer regarding theconveyancing ahead of giving the go ahead to the firm. Is this something that you can arrange?

We could not agree more - we would be happy to talk to you we do not take any clients on without you speaking to the lawyer who will be conducting your conveyancing in Golders Green.There is no ‘factory style conveyancing’ - every client is an important person, not a matter number. The practices that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Golders Green should be the amount on the final invoice that you are charged.