We are about to exchange contracts for a freehold house in Penzance. We have hit a stumbling block. The mortgage offer with Clydesdale expires on 26/3/2026 but the sellers are insisting on a completion date of 30/3/2026. Is it possible to prolong the loan offer?

The person best placed to address this question is your solicitors who will calculate if he or she is corresponding with the bank, vendor’s lawyers, estate agents or indeed all parties based on what has gone on in your transaction to date.

Various online forums that I have visited warn that are the number one cause of delay in Penzance house deals. Is this right?

The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Penzance.

Just had an offer accepted on a new build flat in Penzance. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Penzance

The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

What tools are available to locate a Penzance law firm on the Britannia conveyancing panel? I have wheels and am happy to travel upto 10kilometers to meet the conveyancer.

Feel free to make use of the tool on this page. Please pick a mortgage company and your location and you will see a number of Penzance conveyancing lawyers based on proximity. We have listed some Penzance conveyancing firms towards the end of this page and you can telephone them to see whether they are on the Britannia panel

I only have 72 years remaining on my flat in Penzance. I now wish to extend my lease but my freeholder is missing. What should I do?

On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to prove that you have done all that could be expected to locate the freeholder. For most situations an enquiry agent would be useful to carry out a search and to produce an expert document which can be used as evidence that the landlord is indeed missing. It is advisable to get professional help from a property lawyer in relation to devolving into the landlord’s absence and the vesting order request to the County Court overseeing Penzance.

Leasehold Conveyancing in Penzance - Examples of Queries before Purchasing

Does the lease include onerous restrictions? You will want to find out as much as possible about the company managing the block as they will impact your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to day to day matters such as the cleanliness of the common parts. Ask other people what they think of their service. On a final note, be sure you understand the dates that the maintenance charges are due to the relevant party and specifically how they are spending the funds. How much is the service charge and ground rent on the apartment?