About to place an offer on a leasehold apartment in North Wembley. The selling agents tell me that it is normal for flats in North Wembley to have less than 75 years unexpired on the lease. I am obtaining a mortgage with The Mortgage Works. Is this going to be a problem if the lease has Seventy One 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. The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 22/7/2026 the requirements read as follows :
I have justdiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in North Wembley for a purchase of a leasehold flat 10 months ago. How can I check that the property is not still registered in the name of the previous owner?
The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of North Wembley conveyancing specialists.
How does conveyancing in North Wembley differ for newly converted properties?
Most buyers of new build or newly converted property in North Wembley approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because developers in North Wembley tend to 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 accustomed to new build conveyancing in North Wembley or who has acted in the same development.
I have been recommended by numerous property agents in North Wembley to select a solicitor using your seach tool. Is there a financial inducement for Estate Agents to offer your services rather than alternative conveyancing organisations?
We refuse to offer any financial incentive for sending work to this site. We thought it would be too underhand to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
What are your top tips when it comes to finding a North Wembley conveyancing firm to carry out our lease extension conveyancing?
When appointing a conveyancer for lease extension works (regardless if they are a North Wembley conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with two or three firms including non North Wembley conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be helpful:
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If the firm is not ALEP accredited then why not? Can they put you in touch with clients in North Wembley who can give a testimonial?
I own a basement flat in North Wembley. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the amount due for a lease extension?
Where there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to decide the price payable.
An example of a Lease Extension matter before the tribunal for a North Wembley premises is Ground Floor Flat 79 London Road in September 2012. the Tribunal held that the premium payable for the lease extension should be £7,636 This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 74 years.
My brother is purchasing a shared ownership flat in North Wembley. He has received an estimate by the property lawyer recommended by the selling agents and it came to £1250 . It was ten years ago since I sold and purchased a house and the bill was £440. Have costs really gone up that much?
We would recommend that you e-mail two or three local North Wembley conveyancing solicitors requesting estimates. It is advisable to base your decision not only on cost, but on promptness and on how comprehensive the response was.