Do the conveyancing solicitors listed on your site carry out auction conveyancing in Laindon?
We know of a number of niche practitioners we can put you in touch with those conducting auction conveyancing. Laindon is one of the many areas of where our lawyers are based.
Why is leasehold purchase conveyancing in Laindon is more expensive?
In summary, leasehold conveyancing in Laindon and elsewhere usually warrants additional work compared to freehold conveyancing. This includes lease investigation, communicating with the landlord concerning the service of required notices, securing current service charge and management information, securing the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
I have 70 years remaining on my lease and require a lease extension for my apartment in Laindon. Conveyancing solicitors on the Virgin panel can deal with such extensions correct?
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. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 3/1/2026 the requirements read as follows :
I'm buying my first flat in Laindon with a loan from Bank of Ireland. The builders refused to budge the amount so I negotiated 6k of extras instead. The estate agent suggested that I not to tell my lawyer about the side-deal as it may put at risk my loan with the lender. 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.
Due to the encouragement of my in-laws I had a survey completed on a property in Laindon in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some lenders may refuse to grant a mortgage on a flying freehold home.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Laindon. Conveyancing may be slightly more expensive based on your lender's requirements.
I am employed by a reputable estate agent office in Laindon where we have experienced a few leasehold sales put at risk due to leases having less than 80 years remaining. I have been given inconsistent advice from local Laindon conveyancing solicitors. Could you confirm whether the seller of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Laindon Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
-
The prefered form of lease arrangement is a share of the freehold. In this situation the leaseholders have control and even though a managing agent is usually employed if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. If a Laindon lease has fewer than eighty years it will affect the marketability of the flat. It is worth checking with your bank that they are content with remaining years on the lease. Leases with less than 80 years remaining means that you will almost definitely require a lease extension at some point and it is worth discovering how much this would cost. Remember, in most cases you will be required to have been the owner of the property for two years before you are legally able to carry out a lease extension. It would be sensible to discover as much as possible about the company managing the block as they will impact your use and enjoyment of the property. As the owner of a leasehold property you are frequently in the clutches of the managing agents from a financial perspective and when it comes to practical issues such as the upkeep of the communal areas. You should not be afraid to ask other people whether they are happy with them. In conclusion, be sure you discover the dates that you are obliged pay the service charge to the managing agents and specifically what it includes.