About to place a bid on a leasehold property in Kidbrooke. The estate agents say that it is the norm for flats in Kidbrooke to have less than 75 years left on the lease. I am taking out a loan with Tesco Bank. 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 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 9/11/2025 the requirements read as follows :
My bid for a property was accepted at auction in Kidbrooke. Conveyancing is required. What is next?
Now that you are exchanged you now have to appoint a conveyancing solicitor soon as you are faced with a fast approaching deadline in which to complete the purchase. An auction property should have a bespoke legal set of papers. This will likely include most,if not all of the documents that your lawyer requires. Where you are dealing with leasehold property the legal pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You need to give this to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding organised to complete on the date specified in the contract.
When it comes to lenders such as TSB, do Kidbrooke conveyancers incur an annual charge to be on the list of approved solicitors?
We are not aware of any mortgage company fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
Nationwide have agreed my mortgage in principle, my bid on a house in Kidbrooke has been agreed to, now what?
The estate agent will need to know who your solicitors are (ensure that the conveyancing practitioners are on the bank’s approved list). Contact Nationwide or the financial adviser and finish off any appropriate forms. Nationwide will instruct a valuer who will get in touch with the selling agent or seller to book an appointment. Once carried out (assuming no problems) it takes about ten days for the mortgage offer to be issued. Nationwide will send the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Kidbrooke.
My partner and I are close to exchanging contracts on the sale of our home in Kidbrooke and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the buyers used a factory type conveyancing firm as opposed to a conveyancing solicitor in Kidbrooke. We have lived in Kidbrooke for many years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I am buying a new build apartment in Kidbrooke. 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 legal work.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Kidbrooke
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I opted to have a survey completed on a property in Kidbrooke ahead of instructing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor has said that some lenders may refuse to give a mortgage on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to telephone us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Kidbrooke. Conveyancing may be slightly more expensive based on your lender's requirements.
I am an executor of my recently deceased mum’s Will, with a bungalow in Kidbrooke which will be marketed. The property is unregistered at the Land Registry and I'm advised that some estate agents will insist that it is in place before they will proceed. What's the procedure for this?
In the circumstances you refer to it seems advisable to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.