Yes. Preston has more apartment developments than many other Lancashire towns, particularly around the city centre and university areas, and leasehold flats are something we assess and buy regularly. Leasehold sales can involve additional documentation including service charge histories, managing agent responses, and lease length checks. All this can extend the conveyancing timeline on a traditional sale and can give mortgage lenders grounds to ask further questions.
We understand how leasehold transactions work and deal with the additional steps as part of our normal process rather than treating them as complications. If your flat has a short lease, unresolved service charge issues or a managing agent that has historically been slow to respond, we’ll discuss those specifics honestly before making an offer rather than raising them as a reason to renegotiate once terms are agreed.