I am about to put a bid on a leasehold property in Friday Hill. The estate agents say that it is the norm for flats in Friday Hill to have less than 75 years unexpired on the lease. I am obtaining a loan with Bank of Ireland. Is this going to be a problem if the lease has 70 years left.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland 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 :

Can you point me to a directory of Leeds Building Society panel conveyancers in Friday Hill on the Council of Mortgage Lender’s Website?

No. There is no such tool on the CML or Building Society Association websites. A small selection of mortgage companies make their panel listings open the public on the web. If you are seeking to appoint a Friday Hill lawyer on the Leeds Building Society please use our tool.

I can not work out if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Friday Hill bank branch on numerous occasions and was advised it wasn't an issue and they would lend. My Friday Hill conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend in accordance with their specific requirements. Who do I believe?

As long as the conveyancer is on the bank approved list, they must adhere to the CML Handbook conditions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.

Santander have agreed my home loan in principle, my bid on a flat in Friday Hill has been accepted, now what?

The property agent will need to know who your solicitors are (make sure the property lawyers are on the bank’s panel). Contact Santander or your financial adviser and finalise any relevant documentation. Santander will appoint a valuer who will get in touch with the selling agent or seller to book a time for the valuation to occur. Once conducted (assuming no problems) it takes on average a week to get a mortgage offer. Santander will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Friday Hill.

What makes your site different to other internet conveyancing solicitors when it comes to conveyancing in Friday Hill?

At this site receive an accurate quote via a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Friday Hill. Unlike many estate agents and many comparison sites we are not in the business of charging firms a fee if you select them for your property ownership legalities in Friday Hill

I work for a busy estate agency in Friday Hill where we see a number of flat sales put at risk due to short leases. I have received inconsistent advice from local Friday Hill conveyancing firms. Could you shed some light as to whether the vendor of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is 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 prior to, or simultaneously with completion of the sale.

An alternative approach is to agree the lease extension with the freeholder 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 purchaser.

I am the registered owner of a 2 bed flat in Friday Hill, conveyancing was carried out 9 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Friday Hill with a long lease are worth £202,000. The ground rent is £60 invoiced annually. The lease ends on 21st October 2082

With only 57 years unexpired we estimate the premium for your lease extension to span between £28,500 and £33,000 as well as professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.

A conveyancing firm acted on my conveyancing in Friday Hill three years past and was holding my registration certificates but has now closed – What can I do to retreive them?

Title deeds, as such, no longer exist as most properties in Friday Hill are archived digitally at Land Registry. Should you need to prove evidence of proprietorship or are selling or refinancing your conveyancer will need to obtain up to date copies of the register from the Land Registry in any case.

If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.