I am about to put an offer on a leasehold apartment in Stockport. The property agents say that it is standard for flats in Stockport to have less than 75 years unexpired on the lease. I am getting a loan with Chelsea Building Society. Is this going to be acceptable if the lease has 69 years remaining.
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 8/12/2025 the requirements read as follows :
I need some fast conveyancing in Stockport as I have pressure to complete in less than one month. A mortgage is not required. Can I decline from having conveyancing searches to save fees and time?
As you are are a cash buyer you have the choice not to have searches carried out although no law firm would suggest that you don't. Drawing on years of experience of conveyancing in Stockport the following are instances of what can show up and therefore affect market value: Enforcement Notices, Outstanding Fees, Overdue Grants, Railway Schemes,...
Are there restrictive covenants that are commonly picked up as part of conveyancing in Stockport?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Stockport. 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…’
The estate agent has sent us the confirmation of our purchase of a new build apartment in Stockport. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Stockport
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Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
We're novice buyers - had an offer accepted, but the selling agent has warned us that the owners will only proceed if we appoint the agent's preferred conveyancers as they need an ‘expedited deal’. We would rather use a local conveyancer used to conveyancing in Stockport
We suspect that the owner is unaware of this ultimatum. Should the vendor desire ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Speak to the owners direct and make the point that (a)you are serious purchasers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)however you intend to appoint your preferred Stockport conveyancing solicitors - rather thanthose that will provide their negotiator at the agency a kickback or meet his conveyancing thresholds pre-set by senior management.