We were just about to exchange contracts for a garden flat in Bearsted. We have hit a stumbling block. The mortgage offer with Barclays Direct runs out on 28/4/2025 but the owners are suggesting a completion date of 30/4/2025. Can one extend the loan offer?

The best person to deal with your question is your solicitors who will hopefully calculate if he or she is better off negotiating with the bank, owner’s representatives, estate agents or indeed all three taking into account what has happend in your transaction as of today.

Is there a reason why leasehold purchase conveyancing in Bearsted costs more?

In short, leasehold conveyancing in Bearsted and Kent usually involve more hours of investigation compared to freehold transactions. This includes reviewing the lease, liaising with the landlord about the service of applicable notices, obtaining current service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.

I have Fifty Six years left on my lease and need a lease extension for my flat in Bearsted. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions correct?

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. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 26/2/2025 the requirements read as follows :

How do I locate a Bearsted solicitor on the Norwich and Peterborough Building Society conveyancing panel? I have wheels and am happy to travel upto 10kilometers to meet the lawyer.

Feel free to make use of the search on this page. Please select a bank and your location and you will see a number of Bearsted conveyancing lawyers locally. We have listed some Bearsted conveyancing firms towards the end of this page and you can contact them to check if they are on the Norwich and Peterborough Building Society panel

I am on look out for some leasehold conveyancing in Bearsted. Before I get started I want to be sure as to the number of years remaining on the lease.

Assuming the lease is recorded at the land registry - and almost all are in Bearsted - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Leasehold Conveyancing in Bearsted - Examples of Queries Prior to Purchasing

Who are the managing agents? Is the freehold reversion owned jointly by the tenants? The answer will be helpful as a) areas may result in problems for the block as the communal areas may begin to deteriorate if services remain unpaid b) if the leaseholders have an issue with the managing agents you will need to know about it