About to place a bid on a leasehold flat in Sprowston. The selling agents say that it is normal for flats in Sprowston to have less than 75 years remaining. I am getting a mortgage with Chelsea Building Society. 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 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 23/3/2026 the requirements read as follows :
three months have elapsed following my purchase conveyancing in Sprowston completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
The estate agent has sent us the confirmation of our purchase of a new build flat in Sprowston. 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 conveyancing.
Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Sprowston
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Due to the advice of my in-laws I had a survey completed on a property in Sprowston prior to retaining conveyancers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some banks will not grant a mortgage on a flying freehold premises.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you contact us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sprowston. Conveyancing will be smoother if you use a solicitor in Sprowston especially if they regularly deal with such properties in Sprowston.
What tools are available to search for a Sprowston solicitor on the National Westminster Bank conveyancing panel? I have wheels and am happy to travel upto 10kilometers to meet the conveyancer.
You can use the search on this page. Please select a bank and your location and you will see a number of Sprowston conveyancing lawyers located nearest you. We have detailed some Sprowston conveyancing firms towards the end of this page and you can ring them to verify if they are on the National Westminster Bank approved list
I have been informed by many friends that it can take up to two months for Sprowston conveyancing to complete.This was 3 ago. The paperwork was only forwarded to my solicitor a few days ago so now does it countdown?
You should treat with suspicion of any lawyer promising fast completion times. Instead ask the average time it takes for them to complete Sprowston conveyancing deals and if they are happy to move towards an agreed target date for your conveyancing in Sprowston