Can you explain why leasehold purchase conveyancing in Marple costs more?
Marple leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
About to place an offer on a leasehold property in Marple. The property agents say that it is usual for flats in Marple to have less than 75 years remaining. I am taking out a loan with Chelsea Building Society. Is this going to be acceptable if the lease has 72 years unexpired.
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. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 16/2/2026 the requirements read as follows :
Should our solicitor be raising enquiries regarding flooding as part of the conveyancing in Marple.
The risk of flooding is if increasing concern for lawyers dealing with homes in Marple. There are those who buy a house in Marple, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or sell the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Solicitors are not best placed to offer advice on flood risk, but there are a numerous searches that may be undertaken by the purchaser or on a buyer’s behalf which can figure out the risks in Marple. The standard property information forms sent to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the owner to find out if the premises has ever been flooded. If flooding has previously occurred which is not disclosed by the vendor, then a buyer could bring a compensation claim stemming from an inaccurate answer. The buyer’s conveyancers should also carry out an environmental report. This will reveal if there is any known flood risk. If so, more detailed inquiries will need to be carried out.
Are there restrictive covenants that are commonly identified as part of conveyancing in Marple?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Marple. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying a new build house in Marple with a mortgage from Godiva Mortgages Ltd. The developers would not budge the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep advised me not inform my solicitor about this side-deal as it would adversely affect my mortgage with Godiva Mortgages Ltd. Do I keep my lawyer in the dark?.
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 am a negotiator for a busy estate agency in Marple where we have experienced a few leasehold sales jeopardised due to short leases. I have received contradictory information from local Marple conveyancing firms. Can you clarify whether the seller of a flat can initiate the lease extension process for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with 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 purchaser.
Marple Leasehold Conveyancing - A selection of Questions you should ask before Purchasing
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Please tell me if there are any major works in the near future that will likely add a premium to the maintenance costs? It is important to be aware if fixing the lift or some other major work is due in the near future that will be shared between the tenants and may well dramatically impact the level of the service charges or require a one time payment.