We were just about to exchange contracts for a leasehold flat in Marylebone. We have hit a stumbling block. Our loan offer with Norwich and Peterborough Building Society expires on 11/6/2026 but the owners are insisting on a completion date of 15/6/2026. Is it possible to extend the mortgage expiry date?
The best person to address this concern is your lawyer who should calculate whether he or she is should be discussing with the lender, vendor’s representatives, property agents or indeed all three given the circumstances your transaction as of today.
We wanted to use a property lawyer in Marylebone for our house purchase. Our broker has since advised us that our mortgage company Britannia won't deal with them. Why is this not regarded as unduly restrictive?
A lender can direct that a panel solicitor act for it. You would be expected to bear the charges for this. Try using our tool to select a solicitor to carry conveyancing in Marylebone on the Britannia member panel.
How does conveyancing in Marylebone differ for new build properties?
Most buyers of new build property in Marylebone approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is built. This is because developers in Marylebone usually purchase the real estate, 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 used to new build conveyancing in Marylebone or who has acted in the same development.
Taking into account that I will soon part with £400,000 on a garden flat in Marylebone I would like to talk to a conveyancer concerning thetransaction before instructing the firm. Can this be arranged?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer who will be carrying out your conveyancing in Marylebone.There is no ‘factory style conveyancing’ - each client is unique individual, not a file reference. The solicitors that we put you in touch with believe that the figure you are provided with for your conveyancing in Marylebone should be the figure that you end up paying.
Can you provide any top tips for leasehold conveyancing in Marylebone with the aim of speeding up the sale process?
- A significant proportion of the delay in leasehold conveyancing in Marylebone can be avoided where you instruct lawyers the minute your agents start advertising the property and request that they start to put together the leasehold documentation which will be required by the buyers’ representatives. If you are supposed to have a share in the freehold, you should make sure that you are holding the original share document. Obtaining a duplicate share certificate is often a time consuming process and slows down many a Marylebone conveyancing transaction. If a duplicate share is necessary, you should approach the company officers or managing agents (if applicable) for this sooner rather than later. If you have had conflict with your freeholder or managing agents it is essential that these are settled before the property is put on the market. The purchasers and their solicitors will be reluctant to purchase a flat where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as over rather than ongoing. You may think that you are aware of the number of years left on your lease but it would be wise to double-check by asking your lawyers. A buyer’s lawyer will be unlikely to recommend their client to where the remaining number of years is less than 75 years. It is therefore important at an early stage that you identify whether the lease for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale.
Following months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Marylebone. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We are happy to put you in touch with a Marylebone conveyancing firm who can help.
An example of a Lease Extension decision for a Marylebone premises is Flats 37 & 39 88/90 Portland Place in December 2010. The Tribunal determined that the premium payable for the lease extensions in respect of these two flats is as follows:- For Flat 37, the sum of £385,230.00 For Flat 39, the sum of £436,780.00 This case was in relation to 2 flats. The unexpired residue of the current lease was 24.02 years.
I am looking to sell a parking space which is on a separate legal title with the land registry and hope to get 22k, to clear debts. There is a mortgage with Kent Reliance. Please can you refer me to a cheapish solicitor as the usual £800-1000 eats in the return somewhat. Although I live in Marylebone I dont have to instruct a Marylebone conveyancing practitioner.
The purpose of this site is limited to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Kent Reliance in certain locations such as Marylebone . We dont recommend any particular conveyancer.