Why is leasehold purchase conveyancing in Northamptonshire costs more?
Northamptonshire leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
I have 71 years unexpired on my lease and require a lease extension for my flat in Northamptonshire. 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 obtaining 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 24/9/2025 the requirements read as follows :
How does conveyancing in Northamptonshire differ for newly converted properties?
Most buyers of new build residence in Northamptonshire contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Northamptonshire usually buy the land, 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 conveyancers 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 Northamptonshire or who has acted in the same development.
I opted to have a survey carried out on a house in Northamptonshire ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks will refuse to grant a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Northamptonshire. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Northamptonshire to see if the conveyancing costs will increase in light of this.
I need to appoint a conveyancing solicitor for residential conveyancing in Northamptonshire. I have stumble upon a web site which appears to be the ideal answer If it is possible to get all the legals done via email that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?