I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Mickleover. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 22/9/2025, the requirements read as follows :
About to purchase a new build flat in Mickleover. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Mickleover
-
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants.
Due to the guidance of my in-laws I had a survey completed on a house in Mickleover in advance of retaining lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some banks will not grant a mortgage on this type of premises.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. If you call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Mickleover. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking into buying my first house which is in Mickleover and I am already nervous. I couldn't find anything specific about Mickleover. Conveyancing will be needed in due course but do you know about the Mickleover area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Mickleover. In the meantime here are some basic statistics that we found
I need to retain a conveyancing solicitor for remortgage conveyancing in Mickleover. I have land on a site which looks to be the perfect answer If there is a chance to get all formalities completed via phone that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I've recently bought a leasehold flat in Mickleover. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Mickleover - Sample of Queries before buying
-
What restrictions are contained in the Mickleover Lease? The majority of Mickleover leasehold apartments will be liable to pay a service charge for the upkeep of the building levied on behalf of the freeholder. Where you buy the apartment you will have to pay this contribution, usually quarterly during the year. This can vary from two or three hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge to be met yearly, ordinarily this is not a significant sum, say about £50-£100 but you need to check it because on occasion it could be prohibitively expensive. Where a Mickleover lease has fewer than 80 years it will have adverse implications on the marketability of the property. Check with your mortgage company that they are content with remaining years on the lease. A short lease means that you will probably require a lease extension at some point and it is worth finding out what this would cost. Remember, in most cases you will be required to have owned the premises for 24 months before you are eligible to exercise a lease extension.