I have just over seventy years unexpired on my lease and require a lease extension for my apartment in Chathill. Conveyancing solicitors on the Tesco Bank 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. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 17/4/2024 the requirements read as follows :

What can a local search inform me regarding the house we're purchasing in Chathill?

Chathill conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations such as Xpress Legal The local search plays a central role in many a Chathill conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search should provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.

I am purchasing a new build house in Chathill with a loan from The Mortgage Works. The developers would not move on the price so I negotiated 6k of extras instead. The estate agent advised me not inform my lawyer about this side-deal as it would jeopardize my mortgage with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I am in need of some leasehold conveyancing in Chathill. Before diving in I would like to find out the remaining lease term.

Assuming the lease is registered - and almost all are in Chathill - 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.

Chathill Leasehold Conveyancing - Sample of Queries before buying

Can you inform me if there are any major works anticipated that will likely add a premium to the maintenance fees? Is there a share of the freehold? The best form of lease arrangement is a share of the freehold. In this arrangement the lessees enjoy control and even though a managing agent is often employed where it is bigger than a house conversion, the managing agent retained by the leaseholders.

What tools are available to search for a Chathill conveyancing solicitor on the mortgage company conveyancing panel? I have a car and am prepared to travel up to 20miles to meet the conveyancer.

You can use the find a conveyancing panel search on this website. Please choose the lender and your location, in this case Chathill and you will see a number of lawyer located nearest Chathill. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.