I am about to put an offer on a leasehold apartment in Rawdon. The estate agents say that it is the norm for flats in Rawdon to have less than 75 years left on the lease. I am obtaining a mortgage with Bank of Ireland. 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. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 10/10/2025 the requirements read as follows :
What will a local search tell me regarding the property we're purchasing in Rawdon?
Rawdon conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company for example Searches UK The local search is essential in every Rawdon conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your property. The search should supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
How does conveyancing in Rawdon differ for new build properties?
Most buyers of new build premises in Rawdon approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because house builders in Rawdon typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Rawdon or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Rawdon is the location of the property. Can you offer any guidance?
Flying freeholds in Rawdon are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rawdon you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rawdon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My business partner and I are hoping to take an assignment of a lease of an office on the high street. Can you recommend lawyers offering no-sale-no costs for non-domestic conveyancing in Rawdon for below 2k?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Rawdon, including the sale and purchase of businesses as well as simply property. If you are intending to acquire or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. As for the costs this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your details or email us so that we may furnish you with comprehensive commercial conveyancing calculation.
I am thinking of instructing a web based property lawyer ahead of a Rawdon conveyancing firm. Any advice?
There are advantages of having the option visit a local Rawdon conveyancing solicitor for instance
- signing papers on short notice
- sometimes being able to see someone face-to-face can make a huge difference, particularly for more complex transactions
- the ability to raise concerns if matters need to addressed
When comparing fees, look carefully for hidden extras. The majority decent Rawdon high street solicitors give an all-inclusive price. Often online companies appear to offer cheap prices, but have burried 'extras' in the small print.