About to place an offer on a leasehold apartment in North Shields and Tynemouth. The property agents assure me that it is normal for flats in North Shields and Tynemouth to have less than 75 years left on the lease. I am expecting a mortgage with Platform. Will the property be mortgageable given that the lease has 69 years remaining.

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. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 1/12/2025 the requirements read as follows :

Despite weeks of looking the Title Certificate and documents to our property are lost. The lawyers who conducted the conveyancing in North Shields and Tynemouth 5 years ago no longer exist. What are my next steps?

Gone are the days when you need to have the physical original deeds to prove you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.

What does commercial conveyancing in North Shields and Tynemouth cover?

North Shields and Tynemouth conveyancing for business premises incorporates a broad array of guidance, supplied by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I have just started marketing my ground floor flat in North Shields and Tynemouth. Conveyancing has not commenced, but I have recently received a yearly service charge invoice – what should I do?

The sensible thing to do is pay the service charge as usual as all ground rent and maintenance charges will be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I acquired a garden flat in North Shields and Tynemouth, conveyancing was carried out 5 years ago. How much will my lease extension cost? Corresponding flats in North Shields and Tynemouth with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 levied per year. The lease terminates on 21st October 2094

With just 69 years unexpired we estimate the premium for your lease extension to span between £9,500 and £11,000 plus legals.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.

Me and my wife are selling a North Shields and Tynemouth bungalow left to us six years ago in 2009. I have over a decades worth of conveyancing know-how and, now retired, wish to conduct my own legal work. The buyer's property lawyer has informed me that their mortgage company will not allow us to do our own conveyancing mandating that the funds to be transferred to a solicitor's bank account.

Lending instructions to lawyers from all mainstream lenders specify that If the seller is not legally represented the buyer’s lawyers should check whether the mortgage company needs to be informed so that a decision can be made if they are willing to move forward.