Last May we completed a house move in Bromley Common. We have noticed several issues with the house which we suspect were omitted in the conveyancing searches. Do we have any recourse? What searches should? have been ordered as part of conveyancing in Bromley Common?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Bromley Common. Conveyancing searches and due diligence initiated as part of the legal transfer of property are supposed to help avoid problems. As part of the legal transfer of property, a seller answers a document referred to as a SPIF. If the information ends up being inaccurate, you could possibly take legal action against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Bromley Common.
About to place an offer on a leasehold property in Bromley Common. The selling agents say that it is the norm for flats in Bromley Common to have less than 75 years left on the lease. I am getting a mortgage with Tesco Bank. Will the property be mortgageable given that the lease has 69 years to go.
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 20/9/2025 the requirements read as follows :
Just had an offer accepted on a new build flat in Bromley Common. Conveyancing is a frightening process 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 legal work.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Bromley Common
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are surveyor prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I am looking for a leasehold apartment up to £245,000 and identified one near me in Bromley Common I like with amenity areas and transport links nearby, however it's only got 61 years on the lease. I can't really find anything else in Bromley Common for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
I’m about to sell my basement flat in Bromley Common. Conveyancing has not commenced, but I have just had a yearly service charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the invoice as normal as all ground rent and service charges should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I am the leaseholder of a basement flat in Bromley Common. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount payable for the purchase of the freehold?
You certainly can. We are happy to put you in touch with a Bromley Common conveyancing firm who can help.
An example of a Lease Extension case for a Bromley Common residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired term as at the valuation date was 50.57 years.
Am in the process of purchasing my 1st property in Bromley Common. Conveyancing solicitor has been appointed. The financial consultant suggested that a survey is not needed as the property is just 20 yrs old.
The bare minimum you need a Home Buyer's Report. Given the premises is more than ten years old the property will be without a warranty, so you don't want to take a risk. For a property that age with no signs of problems a Home Buyer's report could be enough. They will highlight any obvious issues and suggest further investigation where relevant. If there are any indications of problems get a comprehensive Building Survey from the beginning.