About to place a bid on a leasehold apartment in Hemsworth. The estate agents assure me that it is normal for flats in Hemsworth to have less than 75 years left on the lease. I am obtaining a mortgage with Tesco Bank. Is this going to be a problem if the lease has Seventy One 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. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 9/10/2025 the requirements read as follows :
I have been told that property searches are a common cause of stalling in Hemsworth house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Hemsworth.
2 months have elapsed following my purchase conveyancing in Hemsworth completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the input of my in-laws I had a survey completed on a house in Hemsworth prior to retaining solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks tend refuse to grant a mortgage on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hemsworth. Conveyancing will be smoother if you use a solicitor in Hemsworth especially if they are acquainted with such properties in Hemsworth.
My partner is purchasing a ground floor flat in Hemsworth. He has received a fee estimate by the property lawyer suggested by the selling agents and it came to £1275 . It was seven years ago I sold and purchased a home and the fee was £495. Have fees really escalated to that extent?
You should e-mail two or three local Hemsworth conveyancing firms seeking estimates. It is advisable to base your choice not solely on cost, but on promptness and on how comprehensive the response is.