I have 7378 less than 75 years unexpired on my lease and need a lease extension for my apartment in Hellesdon. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions correct?
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 11/1/2026 the requirements read as follows :
How does conveyancing in Hellesdon differ for new build properties?
Most buyers of new build property in Hellesdon come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in Hellesdon usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Hellesdon or who has acted in the same development.
I have been on the look out for a leasehold apartment up to £305k and identified one near me in Hellesdon I like with amenity areas and railway links nearby, the downside is that it only has 52 years unexpired on the lease. I can't really find anything else in Hellesdon in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage the shortness of the lease will likely be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I am 18 days into a freehold purchase having been directed to solicitors by the selling agent to handle our conveyancing in Hellesdon. We are not happy. Could you help me find new lawyers?
A solicitor would have to be really poor to suggest changing them. Has your mortgage been generated? If so you must inform them of the new contact details and ensure the mortgage documents are re-sent. Your new conveyancer should be on the banks approved list to avoid supplemental costs and complications. So that should be your starting point. Our search tool will help you find a bank approved lawyer for your home move in Hellesdon
Our lawyer in Hellesdon has discovered a defect with the lease for the apartment we are purchasing in Hellesdon. The seller’s lawyers have put forward defective title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor says that as he is on the bank conveyancing panel he must ensure that the lender is happy with this solution. Are we the client or is the mortgage company?
Just because you have a mortgage offer from the bank does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Hellesdon conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the mortgage company are the client. The appropriate lender requirements have to be complied with by the mortgage company conveyancing panel who has to balance acting for you and the bank