About to place an offer on a leasehold property in Marazion. The property agents assure me that it is the norm for flats in Marazion to have less than 75 years left on the lease. I am obtaining a loan with Accord Mortgages. Will the property be mortgageable given that the lease has 72 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages 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 :
I am planning on selling our property in Marazion and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A high street Marazion lawyer would know this is not the case. It does beg the question why the buyers used an internet conveyancing practice rather than a conveyancing solicitor in Marazion. Having lived in Marazion for three years we know of no issue. Should we contact our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
What makes your site different to alternative internet conveyancing solicitors when it comes to conveyancing in Marazion?
At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Marazion. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your home move in Marazion
Is it best to use a Marazion conveyancing practitioner based in the location that I am hoping to buy? We have a good friend who can perform the legal formalities however his firm is located a couple of hundredkilometers away.
The primary upside of using a local Marazion conveyancing firm is that you can pop in to execute paperwork, deliver your ID and pester them if necessary. They will also have local insight which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who used your friend and they were content that should surpass using an unknown Marazion conveyancing lawyer solely due to them being round the corner.
The lawyers conducting our conveyancing in Marazion has sent documents to review that reveal that the property is unregistered with epitome documents. How can it be that the property not registred at HM Land Regsitry?
Although most properties in Marazion are now registered with HM Land Registry there are still some that are unregistered. Any property in Marazion that has been purchased since the late 1980’s will have been registered at the HMLR under the compulsory ‘first registration’ scheme. However, if a Marazion property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Plenty of Marazion conveyancing solicitors will be familiar with such matters but where uncertainty exists the usual proposition these days seems to be for the vendor’s solicitor to address the registration formalities first and subsequently deal with the sale conveyance - this will have a domino effect to result in a significant delay.