When can the exchange of contracts happen for residential conveyancing in Thames View and am I required to be at the solicitors office?
If you are near to one of the conveyancing solicitors in Thames View you are welcome to come in to sign the paperwork. That being said, the firms we work with offer a national conveyancing service and give just as detailed and professional a job for you when dealing with you by post or email. The executing of the property agreement is not when everything is set in stone. Signing on the dotted line simply enables the firm to address the formalities at the appropriate time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Thames View)to be in the office available at the end of the phone to exchange contracts.
I have just over seventy years unexpired on my lease and need a lease extension for my flat in Thames View. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions correct?
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. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 30/8/2025 the requirements read as follows :
I used Wolstenholmes a few years ago for my conveyancing in Thames View. Now, I need my documents however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Thames View of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been on the look out for a flat up to £195,000 and found one round the corner in Thames View I like with amenity areas and transport links in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in Thames View for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a mortgage the shortness of the lease may be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
How do I locate a Thames View law firm on the National Westminster Bank conveyancing panel? I have a car and am willing to travel upto 20miles to meet the lawyer.
Feel free to make use of the tool on this page. Please pick a lender and your location and you will see a number of Thames View conveyancing lawyers based on proximity. We have listed some Thames View conveyancing firms at the bottom of this page and you can call them to check whether they are on the National Westminster Bank approved list
I am looking at a couple of apartments in Thames View both have approximately fifty years left on the lease term. Will this present a problem?
There is no doubt about it. A leasehold flat in Thames View is a deteriorating asset as a result of the shortening lease. The nearer the lease gets to its expiry date, the more it reduces the marketability of the property. For most buyers and mortgage companies, leases with under 75 years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Thames View conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Thames View conveyancing firm to help?
Absolutely. We can put you in touch with a Thames View conveyancing firm who can help.
An example of a Lease Extension case for a Thames View property is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case was in relation to 1 flat. The unexpired term as at the valuation date was 61.36 years.