Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Egham. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 3/2/2026, the requirements read as follows :
I purchased a renovated Victorian house in Egham. Conveyancing practitioner represented me and Santander. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?
You need to assess 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 Egham and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing practitioner who conducted the purchase.
How does conveyancing in Egham differ for newly converted properties?
Most buyers of new build or newly converted property in Egham come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Egham tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Egham or who has acted in the same development.
In sourcing the web for the phrase cheap conveyancing in Egham it shows results of many solicitorsin the area. With so much choice what is the best way to find the suitable solicitor for me?
The best way of choosing the right conveyancer is via trusted referral, so seek the guidance of colleagues and those you trust who have bought a property in Egham or a reputable estate agent or mortgage broker. Charges for conveyancing in Egham differ, so it's advisable to obtain a minimum of three fee estimates from different solicitors. Make sure that you clarify that the costs are assured not to rise.
Do you have any top tips for leasehold conveyancing in Egham with the purpose of speeding up the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Egham can be avoided where you instruct lawyers the minute you market your property and ask them to put together the leasehold information which will be required by the buyers’ conveyancers. Many landlords or managing agents in Egham charge for providing management packs for a leasehold property. You or your lawyers should discover the actual amount of the charges. The management information can be applied for as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Egham. Some Egham leases require Licence to Assign from the landlord. If this is the case, you should notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. The bank reference should make it clear that the buyer is financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers. In the event that you altered the property did you need the Landlord’s permission? Have you, for example laid down wooden flooring? Most leases in Egham state that internal structural changes or addition of wooden flooring necessitate a licence from the Landlord consenting to such alterations. Should you fail to have the paperwork in place you should not communicate with the landlord without checking with your conveyancer in the first instance.
Despite our best efforts, we have been unsuccessful in seeking a lease extension in Egham. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a Egham conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Egham residence is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case affected 1 flat. The unexpired lease term was 82.93 years.
We own a leasehold flat in Egham. Conveyancing was completed in 21012. I have been told that I should not allow the the remaining lease term to get too low. What is the reasoning?
Egham residential long term leases are for a set term - often just under one hundred years when they started. However a significant appartments in Egham were constructed or converted 30 or more years ago and so these leases now have fewer than 80 years left to run. This may sound like a long time however Banks, Building Societies and other mortgage companies generally need leases to have a minimum of 75 years remaining to be mortgageable. Accordingly when you come to sell the property you will need a lease extension if you are getting close to 75 years. To increase your property value you should be considering whether or not to extend your lease long before you come to sell it. You should note that there are significant benefits to taking action before the lease hits eighty years as when the lease is less than eighty years the amount you have to pay to extend starts to increase.