I have 70 years left on my lease and need a lease extension for my apartment in Denton. Conveyancing solicitors on the Virgin panel can deal with such extensions right?
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. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 20/1/2025 the requirements read as follows :
I'm buying a new build house in Denton benefiting from help to buy. The developers would not reduce the amount so I negotiated £7000 of extras instead. The estate agent suggested that I not reveal to my lawyer about the side-deal as it could impact my mortgage with Barclays . Is this normal?.
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.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Denton is the location of the property. Is there any guidance you can impart?
Flying freeholds in Denton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Denton you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Denton may ascertain 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'm converting the mortgage on my existing home to a BTL mortgage with Clydesdale and intend to use the remaining equity as a down payment on further property. The location we are talking about is Denton. Will your lawyers be able to act for the two lenders and tie in the transactions?
Do use our comparison tool on this page to be sure that the solicitors are on the relevant lender panels. Having checked that they are your solicitor should be able to connect the two transactions but you should talk with you solicitor and make clear your desired outcome and needs.
We are 18 days into a leasehold purchase having been recommend to a firm by the estate agent to do our conveyancing in Denton. I am am starting to be dissatisfied with the quality of service. Could you you assist me in finding new solicitors?
A conveyancer would need to be very poor to suggest diss instructing them. Has the loan offer been sent? If so you will need to advise them of the new contact details and get the loan are re-issued. Your solicitor ideally needs to be on the mortgage company approved list to avoid supplemental fees and frustration. So that should be your starting point. Our find a solicitor tool will help you find a lender approved solicitor for your conveyancing in Denton
I require the services of a lender panel solicitor in Denton. Could you help me?
Unfortunately it’s not apparent why you need a Denton panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the bank to find out which solicitors in Denton are on their panel . If you do find such a firm in Denton not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site