We were just about to exchange contracts for a freehold house in Sandhurst. We encountered a problem. The loan offer with Coventry Building Society runs out on 24/7/2023 but the sellers are insisting on a completion date of 26/7/2023. Is it possible to extend the loan expiry date?

The best person to deal with your question is your lawyer who will hopefully determine if he or she is should be discussing with the mortgage company, vendor’s representatives, estate agents or possibly all parties based on the circumstances your conveyancing to date.

I am about to put a bid on a leasehold property in Sandhurst. The selling agents assure me that it is normal for flats in Sandhurst to have less than 75 years unexpired on the lease. I am taking out a mortgage with Chelsea Building Society. Is this going to be acceptable if the lease has 69 years left.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing 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 23/5/2023 the requirements read as follows :

About to purchase a new build flat in Sandhurst. Conveyancing is daunting 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 legal work.

Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Sandhurst

Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I need to find a conveyancing solicitor for some conveyancing in Sandhurst. I happened to discover a site which looks to be the perfect solution If there is a chance 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?

I am on look out for some leasehold conveyancing in Sandhurst. Before I get started I want to be sure as to the number of years remaining on the lease.

If the lease is registered - and almost all are in Sandhurst - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Sandhurst Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to Purchasing

Make sure you investigate if there are any onerous prohibitions in the lease. By way of example some leases prohibit pets being allowed in certain buildings in Sandhurst. If you like the propertyin Sandhurst however your dog is not allowed to move with you then you will be faced hard compromise. It would be prudent to discover as much as possible regarding the company managing the building as they can either make your life much simpler or much more difficult. Being a leasehold owner you are frequently in the clutches of the managing agents both financially and when it comes to daily matters such as the cleanliness of the communal areas. Enquire of other people whether they are happy with them. On a final note, find out the dates that the service fees are due to the managing agents and specifically what you get for your money. On the whole the outlay for major works tend not to be wrapped into the maintenance charges, albeit that a few managing agents in Sandhurst obliged leasehold owners to pay into a sinking fund created for the specific intention of establishing a fund for major works.