About to place a bid on a leasehold flat in Stockton Heath. The selling agents advise that it is normal for flats in Stockton Heath to have less than 75 years left on the lease. I am obtaining a loan with Tesco Bank. Will the property be mortgageable given that the lease has 70 years unexpired.
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 28/1/2026 the requirements read as follows :
Are there restrictive covenants that are commonly identified during conveyancing in Stockton Heath?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Stockton Heath. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the advice of my in-laws I had a survey completed on a property in Stockton Heath before retaining solicitors. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some banks tend not grant a mortgage on such a house.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Stockton Heath. Conveyancing will be smoother if you use a solicitor in Stockton Heath especially if they are familiar with such properties in Stockton Heath.
Should I be wary about 3rd parties that I am dealing with are suggesting a web based conveyancing firm as opposed to a local Stockton Heath conveyancing firm?
As with lots of service providers, often referrals from relatives can be worth their weight in gold. But there are many parties with a vested interest in a conveyancing transaction; estate agents, financial adviser and lenders may suggest lawyers to retain. On occasion the solicitors might be known to one of the organisations as experts in their field, but occasionally there behind the scenes commercial relationship behind the recommendation. You are free to choose your preferred conveyancer. You need to be aware that some banks operate an approved list of solicitors you must use for the mortgage related work in your conveyancing.
I need to retain a conveyancing solicitor for my conveyancing in Stockton Heath. I happened to land on a web site which seems to have the ideal answer If there is a chance to get all the legals completed via phone that would be ideal. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?