We are about to exchange contracts for a garden flat in Adwick le Street. We have hit a problem. The mortgage offer with Virgin Money runs out on 29/10/2025 but the owners are suggesting a completion date of 31/10/2025. Can one prolong the mortgage expiry date?

The best person to deal with your concern is your conveyancer who will hopefully determine if he or she is corresponding with the lender, seller’s representatives, property agents or conceivably all parties given the circumstances your transaction to date.

Is there a reason why leasehold purchase conveyancing in Adwick le Street is more expensive?

Adwick le Street leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

I have 7378 less than 75 years unexpired on my lease and need a lease extension for my apartment in Adwick le Street. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions right?

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. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 29/8/2025 the requirements read as follows :

If all goes to plan we aim to complete the disposal of our £425,000 garden flat in Adwick le Street in 5 days. The landlords agents has quoted £360 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Adwick le Street?

Adwick le Street conveyancing on leasehold maisonettes nine out of ten times results in fees being levied by management companies :

Completing pre-contract enquiries Where consent is required before sale in Adwick le Street Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Adwick le Street leasehold premises is £350. For Adwick le Street conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to provide answers.

Adwick le Street Conveyancing for Leasehold Flats - Sample of Questions you should ask before buying

Is anyone aware of any major works in the planning that will add a premium to the maintenance charges? The best form of lease structure is a share of the freehold. In this scenario the leaseholders benefit from being in charge if their destiny and although a managing agent is frequently employed if it is bigger than a house conversion, the managing agent acts for the leaseholders themselves. How much is the ground rent and service charge?

I am short of a 10% deposit on my house purchase in Adwick le Street , but I am anxious exchange. What can I do?

You can accept a lesser deposit. Most vendors will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment