I am about to put a bid on a leasehold flat in Great Linford. The estate agents say that it is standard for flats in Great Linford to have less than 75 years remaining. I am expecting a mortgage with Accord Mortgages. Is this going to be a problem 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 24/2/2025 the requirements read as follows :
I need some fast conveyancing in Great Linford as I have a deadline to complete in less than one month. A home loan is not required. Can I decline from having conveyancing searches to save money and time?
If.Given you are not getting a mortgage you are at liberty not to do searches although no lawyer would suggest that you don't. Drawing on our experience of conveyancing in Great Linford the following are examples of issues that can crop up and therefore impact market value: Enforcement Actions, Overdue Fees, Overdue Grants, Railway Schemes,...
The estate agent has sent us the confirmation of our purchase of a new build flat in Great Linford. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Great Linford
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Great Linford is the location of the property. Can you shed any light on this issue?
Flying freeholds in Great Linford are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Great Linford you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Great Linford may decide 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 property.
Hoping to buy a property located in Great Linford and I am already nervous. I couldn't find anything specific about Great Linford. Conveyancing will be needed in due course but do you know about the Great Linford area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Great Linford. In the meantime here are some basic statistics that we found
Should I appoint a Great Linford conveyancing practitioner based in the vicinity that I am hoping to buy? An old friend can carry out the legal work but his firm is located 300kilometers away.
The primary upside of using a local Great Linford conveyancing firm is that you can attend the office to sign paperwork, hand in your ID and apply pressure on them where appropriate. They will also have local insight which is a plus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and they were happy that should trump using an unknown Great Linford conveyancing lawyer just because they are Great Linford based.