I am about to put a bid on a leasehold flat in Wincanton. The selling agents say that it is the norm for flats in Wincanton to have less than 75 years left on the lease. I am expecting a mortgage with Accord Mortgages. Will the property be mortgageable given that the lease has 69 years remaining.
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 24/12/2025 the requirements read as follows :
I require quick conveyancing in Wincanton as I am faced with an ultimatum to complete within 3 weeks. Thankfully I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are not obtaining a mortgage you are at free not to do searches although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in Wincanton the following are instances of issues that can show up and therefore affect future mortgageability: Enforcement Notices, Overdue Fees, Outstanding Grants, Road Schemes,...
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Wincanton is the location of the property. Is there any guidance you can give?
Flying freeholds in Wincanton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Wincanton you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wincanton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
What does commercial conveyancing in Wincanton cover?
Wincanton conveyancing for business premises covers a wide array of guidance, given by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
All being well we will complete our sale of a £175,000 garden flat in Wincanton next Monday. The landlords agents has quoted £372 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Wincanton?
Wincanton conveyancing on leasehold flats typically involves fees being raised by landlords agents :
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Completing pre-contract questions
Where consent is required before sale in Wincanton
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a leasehold flat in Wincanton, conveyancing having been completed 8 years ago. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Wincanton with over 90 years remaining are worth £202,000. The ground rent is £60 levied per year. The lease ends on 21st October 2081
With 56 years remaining on your lease we estimate the price of your lease extension to span between £29,500 and £34,000 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.
I note that you have a post code search directory identifying firms on the bank conveyancing panel. Do Wincanton conveyancing firms pay you a referral fee if I appoint them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Wincanton.