About to place a bid on a leasehold property in Norbiton. The property agents tell me that it is the norm for flats in Norbiton to have less than 75 years remaining. I am obtaining a mortgage with Accord Mortgages. Will the property be mortgageable given that the lease has 72 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining 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 21/5/2026 the requirements read as follows :
Do I need to take out insurance to protect me from financial exposure to chancel repairs when purchasing a house in Norbiton?
Unless a previous acquisition of the premises completed after 12 October 2013 you can expect lawyers delivering conveyancing in Norbiton to remain recommending a chancel search and or insurance against a claim.
Hoping to buy a property located in Norbiton and I am already nervous. I couldn't find anything specific about Norbiton. Conveyancing will be needed in due course but do you know about the Norbiton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Norbiton. In the meantime here are some basic statistics that we found
My husband and I are novice buyers - agreed a price, yet the estate agent told us that the vendor will only move forward if we appoint the agent's preferred solicitors as they need a ‘quick sale’. Our preferred option is to instruct a family solicitor who is accustomed to conveyancing in Norbiton
We suspect that the owner is unaware of this demand. Should the seller desire ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Contact the sellers directly and explain that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you intend to appoint your preferred Norbiton conveyancing firm - as opposed tothose that will give the negotiator at the agency a kickback or hit his conveyancing figures pre-set by HQ.
I've recently bought a leasehold house in Norbiton. Do I have any liability for service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure 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).
We have reached the end of our tether in trying to reach an agreement for a lease extension in Norbiton. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a Norbiton conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Norbiton flat is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case was in relation to 1 flat.
I am short of a 10% deposit on my flat purchase in Norbiton , but I am anxious go ahead. Do I have options?
You can accept a lesser deposit. Many property owners will accept a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute