Our lawyer has discovered a a problem with the lease for the apartment we are purchasing in Arkley. The other side have suggested defective title insurance as a workaround. We are content with insurance and will cover the costs. Our conveyancer has advised that he must check that the lender is content with this solution. Who is the client here, us or the lender?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the bank are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.
I have Fifty Six years remaining on my lease and require a lease extension for my apartment in Arkley. 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 obtaining 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 12/11/2025 the requirements read as follows :
I opted to have a survey completed on a property in Arkley prior to instructing solicitors. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies tend refuse to give a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. If you contact us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Arkley. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Arkley cover?
Commercial conveyancing in Arkley incorporates a broad range of advice, provided by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment 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 mortgages and the termination of leases.
Having had my offer accepted I require leasehold conveyancing in Arkley. Before I get started I require certainty as to the remaining lease term.
If the lease is recorded at the land registry - and almost all are in Arkley - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
After months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Arkley. Can we issue an application to the Residential Property Tribunal Service?
Absolutely. We can put you in touch with a Arkley conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Arkley flat is Ground Floor Maisonette 17 Milton Road in January 2014. The Tribunal determined the premium payable by the Applicant to the should be £13,299 This case related to 1 flat. The number of years remaining on the existing lease(s) was 71.73 years.