About to place a bid on a leasehold property in Burroughs, The. The estate agents advise that it is normal for flats in Burroughs, The to have less than 75 years unexpired on the lease. I am taking out a mortgage with Platform. Is this going to be acceptable if the lease has Seventy One years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform 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 :
We are planning on selling our home in Burroughs, The and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A high street Burroughs, The conveyancer would know that there is no such problem. It does beg the question why the buyers are using a web based conveyancing firm as opposed to a conveyancing solicitor in Burroughs, The. Having lived in Burroughs, The for 4 years we know that this is a non issue. Do we contact our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I own a 4 bedroom Georgian property in Burroughs, The. Conveyancing lawyer acted for me and TSB. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold under the matching address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Burroughs, The and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing solicitor who carried out the work.
I'm purchasing my first flat in Burroughs, The with the aid of help to buy. The developers would not reduce the price so I negotiated £7000 of extras instead. The house builders rep suggested that I not reveal to my solicitor about this deal as it would affect my mortgage with Leeds Building Society. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
What advice can you give us when it comes to appointing a Burroughs, The conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for lease extension works (regardless if they are a Burroughs, The conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you make enquires with two or three firms including non Burroughs, The conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be of use:
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If they are not ALEP accredited then what is the reason? Can they put you in touch with clients in Burroughs, The who can give a testimonial?
My wife and I have hit a brick wall in negotiating a lease extension in Burroughs, The. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We are happy to put you in touch with a Burroughs, The conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Burroughs, The flat is 1 & 1A Sunningfields Crescent in September 2013. The Tribunals calculation of the amount to be paid into court in respect of the value of the freehold interest is £11,997 in respect of Flat 1 and £15,781 in respect of Flat 1A for a total of £27,778. This case affected 2 flats. The unexpired term as at the valuation date was 71.5 years.
Are all Burroughs, The conveyancers on every bank conveyancing panel?
You can use our search tool or you can go into your local lender branch in Burroughs, The. the probability is that they will be in a position to recommend some reputable conveyancing solicitors in Burroughs, The