Having sold my house in Norfolk last May yet the purchaser is Skype messaging me to moan that her lawyer is waiting to hear from mine. What should have happened now that I have sold?
Following your disposal your solicitor is committed to send the transfer documentation and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your lawyer should also confirm that the mortgage has been discharged to the buyers solicitors. There is unlikely to be post completion tasks unique to conveyancing in Norfolk.
I have 70 years left on my lease and need a lease extension for my flat in Norfolk. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?
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. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 3/10/2025 the requirements read as follows :
Over the last few months I have been searching for a flat up to £305k and identified one round the corner in Norfolk I like with open areas and railway links nearby, however it only has 49 remaining years left on the lease. There is not much else in Norfolk in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
My uncle has urged me to instruct his conveyancing solicitors in Norfolk. Should I use them?
No doubt the ideal way to select a conveyancing solicitor is to have recommendations from friends or family who have experience in using the firm you're contemplating using.
Can you provide any advice for leasehold conveyancing in Norfolk from the perspective of expediting the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Norfolk can be avoided if you appoint lawyers the minute you market your property and request that they start to collate the leasehold information needed by the purchasers’ solicitors. The majority of landlords or Management Companies in Norfolk levy fees for supplying management packs for a leasehold property. You or your lawyers should discover the actual amount of the charges. The management information sought on or before finding a buyer, thus accelerating the process. The average time it takes to obtain the necessary information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Norfolk. If you have the benefit of shareholding in the freehold, you should make sure that you are holding the original share certificate. Arranging a replacement share certificate can be a lengthy process and slows down many a Norfolk home move. If a duplicate share certificate is needed, you should approach the company director and secretary or managing agents (if relevant) for this at the earliest opportunity. You believe that you know the number of years remaining on your lease but you should double-check by asking your lawyers. A purchaser's conveyancer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is under 80 years. It is therefore essential at an early stage that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale.
I purchased a split level flat in Norfolk, conveyancing having been completed 7 years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Norfolk with a long lease are worth £265,000. The ground rent is £50 per annum. The lease comes to an end on 21st October 2101
With 76 years unexpired we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.
I am purchasing a maisonette and cash is in place. I have provided lawyer with 2 distinct forms of photographic identification, bank statement, endless utility bills. Now he wants a copy from a probate lawyer stating that the money is in place and that it has come from inheritance and not dealing E's in Ibiza.
In today’s world you will not be able to complete any Norfolk conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering laws.