All was ready to move into my new home in Guisborough next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What does the insurance need to cover?

Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook requirements. These obligations are not limited to conveyancing in Guisborough.

Will my conveyancing lawyers need to check that the building insurance when buying a house in Guisborough. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 30/9/2025, the requirements read as follows :

The estate agent has sent us the confirmation of our purchase of a new build apartment in Guisborough. Conveyancing is daunting 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 are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Guisborough

Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. 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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.

My husband and I are one month into a leasehold purchase having been recommend to conveyancers by the selling agent to perform conveyancing in Guisborough. We are not happy. Can you you assist me in finding new solicitors?

They would have to be very poor to suggest replacing them. Has your mortgage offer been generated? In the event that it has you must advise them of the new contact details and get the loan are re-sent. Your solicitor ideally should be on the banks panel to avoid escalating costs and delays. That should be your first question of the new solicitors. The search tool will assist you in finding a bank approved lawyer for your conveyancing in Guisborough

Can you provide any top tips for leasehold conveyancing in Guisborough from the point of view of saving time on the sale process?

• Much of the frustration in leasehold conveyancing in Guisborough can be avoided where you instruct lawyers the minute your agents start marketing the property and request that they start to put together the leasehold information which will be required by the buyers’ solicitors.
If you have had conflict with your landlord or managing agents it is very important that these are settled before the property is marketed. The purchasers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the buyers, but it is better to present the dispute as over as opposed to unresolved. You believe that you know the number of years remaining on your lease but it would be advisable double-check via your conveyancers. A buyer’s lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is under 80 years. It is therefore important at an as soon as possible that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale. Some Guisborough leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, you should place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers.

Guisborough Conveyancing for Leasehold Flats - Examples of Queries Prior to buying

Where a Guisborough lease has less than 80 years it will have adverse implications on the value of the apartment. Check with your bank that they are happy with remaining years on the lease. A short lease means that you will almost definitely have to extend the lease at some point and you need to have some idea of how much this would cost. For most Guisboroughlease extensions you will be required to have been the owner of the property for two years in order to be legally able to extend the lease. In the main the outlay for major works are not included within maintenance charges, albeit that there some managing agents in Guisborough ask leasehold owners to pay into a sinking fund created for the specific purpose of building a fund for larger repairs or maintenance. Does the lease contain onerous restrictions?