About to place an offer on a leasehold flat in Potton. The selling agents say that it is usual for flats in Potton to have less than 75 years left on the lease. I am taking out a mortgage with Virgin. Will the property be mortgageable given that 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. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 22/9/2025 the requirements read as follows :

The estate agent has sent us the confirmation of our purchase of a new build apartment in Potton. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Potton

There must be mutual enforceability of lessee’s covenants. 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. Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision.

Due to the input of my in-laws I had a survey completed on a property in Potton in advance of instructing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some lenders tend refuse to give a mortgage on this type of premises.

It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Potton. Conveyancing will be smoother if you use a solicitor in Potton especially if they are familiar with such properties in Potton.

What makes your site different to other internet conveyancing brokers when it comes to conveyancing in Potton?

At this site receive a conveyancing quote via a Solicitor or Licensed Conveyancer that understands the nuances for your conveyancing in Potton. Unlike many estate agents and brokerage sites we do not have kick-back arrangements with solicitors. Many agents and online brokers 'recommend' the firm who pay the highest kickback, rather than the best value conveyancing in Potton

I need to instruct a conveyancing lawyer in Potton for my purchase. Is there any facility to see a solicitor's complaints history with the legal regulator?

Anyone can review presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training purposes.