I am about to put a bid on a leasehold flat in Maltby. The estate agents tell me that it is usual for flats in Maltby to have less than 75 years remaining. I am expecting a loan with Chelsea Building Society. Will the property be mortgageable given that the lease has 70 years unexpired.
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. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 16/10/2025 the requirements read as follows :
It has been five months since my purchase conveyancing in Maltby 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 premises 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.
About to purchase a new build flat in Maltby. Conveyancing is necessary evil 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.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Maltby
-
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared.
Am I better off to choose a Maltby conveyancing lawyer in close proximity to the house I am purchasing? I have an old university friend who can execute the conveyancing however his firm is located 300miles drive away.
The primary upside of using a local Maltby conveyancing firm is that you can pop in to execute paperwork, present your identification documents and apply pressure on them where appropriate. They will also have local insight which is a plus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and the majority were impressed that should surpass using an unfamiliar Maltby conveyancing lawyer just because they are round the corner.
My wife and I plan to acquire our 1st property in Maltby. Conveyancing solicitor has been instructed. The broker suggested that a survey is not needed as the property was only built in 1997.
As the bare minimum you need a Home Buyer's Report. Given the property is more than 10 years old the property will not come with a warranty, so you would be well advised not to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report may suffice. They will highlight any obvious problems and suggest additional investigation where relevant. If there are any signs of problems seek a full Building Survey from the beginning.