Our nephew is in the process of securing a new build apartment in Mulbarton with a mortgage from Coventry BS. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?

The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Coventry BS conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Coventry BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

It is 10 years ago since I acquired my property in Mulbarton. Conveyancing lawyers have recently been appointed on the sale but I can't locate the title deeds. Is this a major issue?

Don’t worry too much. First the deeds may be retained by your mortgage company or they may be in the possession of the solicitor who acted in the purchase. Secondly the likelihood is that the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Mulbarton involves registered property but in the unlikely event that your property is unregistered it is more problematic but is not insurmountable.

About to place a bid on a leasehold flat in Mulbarton. The selling agents say that it is the norm for flats in Mulbarton to have less than 75 years left on the lease. I am obtaining a loan with Tesco Bank. Is this going to be acceptable if the lease has 72 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 16/11/2025 the requirements read as follows :

I'm converting the mortgage on my current home to a buy to let mortgage with Aldermore and intend to use the remaining equity towards further property. The neighborhood we are interested in is Mulbarton. Will your lawyers be able to act for both sets of mortgage companies and tie in the transactions?

Make use of our comparison tool on this page to ensure that the lawyers are approved by both lenders. On the basis that they are your conveyancer should be able to tie up the two transactions but you should talk with you solicitor and communicate your desired outcome and requirements.

I am tempted by the attractive purchase price for a two maisonettes in Mulbarton which have about fifty years left on the leases. Will this present a problem?

There are no two ways about it. A leasehold apartment in Mulbarton is a deteriorating asset as a result of the shortening lease. The closer the lease gets to its expiry date, the more it adversely affects the marketability of the premises. The majority of buyers and banks, leases with under eighty years become less and less marketable. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Mulbarton conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Mulbarton Conveyancing for Leasehold Flats - Examples of Questions you should consider Prior to buying

What is the maintenance charge and ground rent on the property? How many of the leaseholders are in arrears for their maintenance charge payments? Is there a share of the freehold?