I am about to put a bid on a leasehold property in Bawtry. The estate agents say that it is usual for flats in Bawtry to have less than 75 years unexpired on the lease. I am taking out a loan with Bank of Ireland. Is this going to be acceptable if the lease has Seventy One years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 10/11/2025 the requirements read as follows :
When it comes to mortgage companies such as Aldermore, do Bawtry conveyancing practitioners incur a fee to be on the list of approved solicitors?
We are unaware of any lender fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
We have agreed to purchase a house in Bawtry. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender RBS be concerned?
As your lender is RBS your lawyer must follow the conveyancing requirements contained in Part two of UK Finance Lenders’ Handbook for RBS. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to RBS where a lease fails to meet these requirements. The specifications relate to the installation of panels on properties countrywide and is not isolated to Bawtry.
I am expecting a DIP from Nationwide this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Nationwide recommend any Bawtry solicitors on the Nationwide conveyancing panel, or is it better to go independently?
You will need to appoint Bawtry solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
What can a local search reveal regarding the house we're purchasing in Bawtry?
Bawtry conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations for example PSG The local search plays an important role in many a Bawtry conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search should reveal information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
I own a renovated Victorian property in Bawtry. Conveyancing practitioner acted for me and Yorkshire Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bawtry and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing lawyer who conducted the work.
Having had my offer accepted I require leasehold conveyancing in Bawtry. Before I get started I would like to find out the number of years remaining on the lease.
If the lease is recorded at the land registry - and 99.9% are in Bawtry - 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 invested in buying a split level flat in Bawtry, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Bawtry with an extended lease are worth £265,000. The ground rent is £50 levied per year. The lease terminates on 21st October 2101
With just 76 years left to run we estimate the price of your lease extension to range between £8,600 and £9,800 plus costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
Can a conveyancer remove a name from the title of my home in Bawtry ?
Removing or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer