Can you explain why leasehold purchase conveyancing in Turnpike Lane costs more?
Turnpike Lane leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
About to place a bid on a leasehold flat in Turnpike Lane. The selling agents advise that it is standard for flats in Turnpike Lane to have less than 75 years unexpired on the lease. I am obtaining a mortgage with Bank of Ireland. Is this going to be acceptable if the lease has 72 years to go.
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. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 11/2/2025 the requirements read as follows :
I am buying a detached bungalow in Turnpike Lane. We would like to convert the garage to an office at the property.Will legal investigations on the property include checks to see if these works were previously refused?
Your property lawyer should review the registered title as conveyancing in Turnpike Lane will occasionally reveal restrictions in the title documents which restrict certain alterations or necessitated the permission of a 3rd party. Some extensions require local authority planning consent and approval in compliance with building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor before you commit yourself to a purchase.
I am buying a property in Turnpike Lane. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Nationwide be concerned?
Given that you are obtaining a mortgage with Nationwide your lawyer must comply with the conveyancing requirements contained in Part 2 of UK Finance Lenders’ Handbook for Nationwide. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and solicitors are required to report to Nationwide where a lease does not comply with these provisions. The specifications relate to the installation of panels on properties nationwide and is not restricted to Turnpike Lane.
We were going to get a OIP from Bank of Ireland this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Turnpike Lane solicitors on the Bank of Ireland conveyancing panel, or is it better to go independently?
You will need to appoint Turnpike Lane solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
I have been told that property searches are the main cause of hinderance in Turnpike Lane conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays during the legal transfer of property. Searches are unlikely to feature in any delay in conveyancing in Turnpike Lane.
We're new on the property ladder - had an offer accepted, yet the agent has warned us that the owners will only move forward if we instruct their recommended lawyers as they want an ‘expedited deal’. We would rather use a local solicitor used to conveyancing in Turnpike Lane
It is improbable the sellers are behind this. If they desire ‘a quick sale', alienating a serious buyer is going to damage their objectives. Avoid the agents and go straight to the owners and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you intend to instruct your own,trusted Turnpike Lane conveyancing solicitors - as opposed tothose that will provide their estate agent a introducer fee or meet his conveyancing thresholds pre-set by head office.
What advice can you give us when it comes to choosing a Turnpike Lane conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a property lawyer for your lease extension (regardless if they are a Turnpike Lane conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We recommend that you speak with several firms including non Turnpike Lane conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be helpful:
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How many lease extensions have they conducted in Turnpike Lane in the last twenty four months? What are the legal fees for lease extension conveyancing?
Notwithstanding our best efforts, we have been unsuccessful in negotiating a lease extension in Turnpike Lane. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a Turnpike Lane conveyancing firm who can help.
An example of a Lease Extension decision for a Turnpike Lane residence is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case affected 1 flat. The number of years remaining on the existing lease(s) was 81.79 years.