I am about to put a bid on a leasehold apartment in Great Harwood. The property agents say that it is standard for flats in Great Harwood to have less than 75 years unexpired on the lease. I am taking out a mortgage with Accord Mortgages. Is this going to be acceptable if the lease has 69 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 4/10/2025 the requirements read as follows :
Me and my brother own a semi-detached Edwardian house in Great Harwood. Conveyancing solicitor acted for me and Britannia. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the exact same property. Is it worth asking Britannia to clarify?
You need to review 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 Great Harwood 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 lenders. You can also enquire as to the situation with the conveyancing lawyer who conducted the work.
Due to the advice of my in-laws I had a survey completed on a property in Great Harwood in advance of appointing conveyancers. I have been told that there is a flying freehold element to the property. The surveyor has said that some banks tend not grant a mortgage on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Great Harwood. Conveyancing may be slightly more expensive based on your lender's requirements.
How can the Landlord & Tenant Act 1954 impact my business property in Great Harwood and how can you help?
The particular law that you refer to affords a safeguard to commercial leaseholders, giving them the legal entitlement to make a request to court for a new tenancy and remain in occupation at the end of the lease term. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Great Harwood is one of the hundreds of areas of the UK in which our lawyers are located
My husband and I are new on the property ladder - agreed a price, but the estate agent told us that the seller will only proceed if we use the agent's recommended solicitors as they are insisting on an ‘expedited deal’. We would rather use a high street conveyancer used to conveyancing in Great Harwood
We suspect that the owner is unaware of this request. Should the seller desire ‘a quick sale', alienating a genuine buyer is not the way to achieve this. Bypass the agents and go straight to the sellers and make the point that (a)you are motivated buyers (b)you are ready to go, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)but you intend to use your preferred Great Harwood conveyancing lawyers - as opposed tothe ones that will give the negotiator at the agency a referral fee or achieve conveyancing thresholds pre-set by senior management.
At what stage do I pay the Stamp Duty Land Tax due for my Great Harwood house purchase?
Your solicitor will complete a stamp duty return on your behalf as part of your Great Harwood purchase transaction for signature. After completion your conveyancer will submit your Land Transaction Return Form to the Tax Authorities and - assuming they have the funds - settle any land tax due for you.