Our lawyer has uncovered a defect with the lease for the property we are purchasing in Belsize Park. The other side have put forward title insurance as a solution. We are content with insurance and will cover the costs. Our conveyancing practitioner has advised that he must ensure that the bank is content with this solution. Are we the client or is the lender?

Even though you have a mortgage offer from the lender does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the mortgage company are the client. These conveyancing instructions have to be complied with.

Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Belsize Park. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 11/2/2026, the requirements read as follows :

About to purchase a new build apartment in Belsize Park. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Belsize Park

There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please confirm the Lease plans are surveyor prepared.

I am a sole trader planning to lease a unit on the high street. Can you recommend conveyancers offering fixed charges for commercial conveyancing in Belsize Park for less than 1500k?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Belsize Park, including the sale and purchase of businesses as well as simply premises. If you are looking to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we will find you the right solicitor. Regarding the charges these will vary based on the structure and heads of terms of the deal. Please provide us with your details or telephone us so that we can furnish you with a fixed commercial conveyancing calculation.

I am employed by a long established estate agency in Belsize Park where we see a few leasehold sales put at risk as a result of short leases. I have received contradictory information from local Belsize Park conveyancing solicitors. Could you clarify whether the seller of a flat can start the lease extension formalities for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I have given up trying to purchase the freehold in Belsize Park. Can this matter be resolved via the Leasehold Valuation Tribunal?

if there is a missing landlord or if there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to make a decision on the premium.

An example of a Lease Extension decision for a Belsize Park flat is First Floor Flat 20 Fitzjohns Avenue in July 2014. the Tribunal decided that the premiums to be paid for new leases in respect of the Raised Ground Floor Flat and the First Floor Flat were to be calculated as: Raised Ground Floor: £765,175.14 First Floor: £601,617.77 This case was in relation to 2 flats. The remaining number of years on the lease was 16.83 and 16.43.