I have 70 years unexpired on my lease and require a lease extension for my flat in Kirkbymoorside. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions correct?
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. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 28/12/2025 the requirements read as follows :
I happen to be the single beneficiary of my late grandmother’s estate and I have everything in my name alone, including the house in Kirkbymoorside. The Kirkbymoorside property was put into my name in November. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', meaning my property ownership will be considered the same way as if I'd bought the property in November. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. many mortgage companies would take a practical view as this requirement is chiefly there to pick up on the purchase and immediately sell or the wholesaling and assigning of properties.
Can you point me to a directory of Skipton panel conveyancers in Kirkbymoorside on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association websites. Very few banks make their panel listings visible online. If you are in need of a Kirkbymoorside lawyer on the Skipton please make the most of our tool.
We had chosen solicitors with offices in Kirkbymoorside on the Kent Reliance solicitor approved list. They have just billed me a supplemental sum for dealing with the Kent Reliance mortgage. Is this a supplemental conveyancing fee set by Kent Reliance?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your lawyer can levy a fee for this. This fee is not set by Kent Reliance but by your Kirkbymoorside conveyancing practitioner. Plenty of firms on the Kent Reliance panel will levy an ‘acting for lender’ fee and others do not.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when buying a residence in Kirkbymoorside? or I am told that there is historic law that could mean that homeowners residing in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this applicable for conveyancing in Kirkbymoorside?
Unless a previous purchase of the house took place post 12 October 2013 you may assume that solicitors handling conveyancing in Kirkbymoorside to continue to suggest a chancel search and or chancel repair liability policy.
Due to the input of my in-laws I had a survey completed on a property in Kirkbymoorside prior to appointing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor has said that some banks tend refuse to grant a loan on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Kirkbymoorside. Conveyancing may be slightly more expensive based on your lender's requirements.
I've found a house that seems to meet my requirements, at a great figure which is making it all the more appealing. I have subsequently been informed that it's a leasehold rather than freehold. I am assuming that there are particular concerns purchasing a leasehold house in Kirkbymoorside. Conveyancing lawyers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Kirkbymoorside ?
Most houses in Kirkbymoorside are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Kirkbymoorside so you should seriously consider shopping around for a Kirkbymoorside conveyancing practitioner and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example obtaining the landlord’spermission to conduct changes to the property. You may also be required to pay a maintenance charge towards the maintenance of the communal areas where the property is part of an estate. Your solicitor should advise you fully on all the issues.
I invested in buying a studio flat in Kirkbymoorside, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Kirkbymoorside with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 yearly. The lease ends on 21st October 2105
With 80 years unexpired we estimate the price of your lease extension to range between £8,600 and £9,800 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.
What is the reason for new build conveyancing in Kirkbymoorside being more expensive?
Buying a new build property is significantly different from the normal house purchase conveyancing in Kirkbymoorside. For a start developers normally demand contracts to exchange within a tight deadline, the result being a lot of pressure on your solicitor to make sure all is in order. Furthermore new build premises frequently necessitate examination of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage lender requirements are also more demanding. Taking into account the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.