I am about to put an offer on a leasehold flat in Wakefield. The selling agents tell me that it is standard for flats in Wakefield to have less than 75 years remaining. I am expecting a mortgage with Bank of Ireland. Is this going to be acceptable if the lease has Seventy One years left.
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. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 24/1/2026 the requirements read as follows :
Do commercial conveyancing searches reveal proposed roadworks that could affect a commercial site in Wakefield?
Many commercial conveyancing solicitors in Wakefield will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Wakefield. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Wakefield.
For each commercial conveyancing transaction in Wakefield it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Wakefield commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Wakefield.
Are there restrictive covenants that are commonly identified during conveyancing in Wakefield?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Wakefield. 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…’
How can the Landlord & Tenant Act 1954 affect my business offices in Wakefield and how can you help?
The particular law that you refer to gives a safeguard to business leaseholders, granting the right to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Wakefield is one of the numerous areas of the UK in which our lawyers are located
I have today placed an offer on a leasehold flat in Wakefield and the estate agent that we are using recommended his lawyer. They quoted £900 excluding VAT and disbursements. Does this sound reasonable?
You should not rely on one quote. One should obtain like-for-like quotes for your conveyancing in Wakefield. Then pick one that you are comfortable with and just as important, is on the approved panel of the bank that you have applied for a mortgage from.