I am about to put a bid on a leasehold property in North Cornelly. The estate agents tell me that it is standard for flats in North Cornelly to have less than 75 years remaining. I am taking out a mortgage with Chelsea Building Society. Will the property be mortgageable given that the lease has 69 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting 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 20/9/2026 the requirements read as follows :
Various online forums that I have come across warn that are the number one cause of hinderance in North Cornelly house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not feature within the common causes of delays during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in North Cornelly.
I own a terraced Georgian property in North Cornelly. Conveyancing solicitor acted for me and Bank of Ireland. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in North Cornelly and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with your conveyancing practitioner who conducted the work.
How does conveyancing in North Cornelly differ for new build properties?
Most buyers of new build or newly converted property in North Cornelly approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in North Cornelly tend to buy 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 property lawyers 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 North Cornelly or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in North Cornelly before retaining solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some banks will refuse to issue a mortgage on this type of house.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in North Cornelly. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in North Cornelly to see if the conveyancing will be more expensive.
I am thinking of appointing a conveyancing lawyer in North Cornelly for my house move. Is there any facility to check a firm’s complaints history with the profession’s regulator?
Anyone may review published Solicitor Regulator Association (SRA) decisions arising from investigations commenced on or after 1 January 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.