I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Stallingborough. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 19/12/2025, the requirements read as follows :

A friend recommended that where I am purchasing in Stallingborough I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is usually quoted for as part of the standard Stallingborough conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Stallingborough around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Stallingborough Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Stallingborough.

I have justbeen informed that Action Conveyancing have closed. They carried out my conveyancing in Stallingborough for a purchase of a leasehold flat 9 months ago. How can I check that my home is not still registered in the name of the former proprietor?

The quickest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stallingborough conveyancing specialists.

Due to the input of my in-laws I had a survey completed on a property in Stallingborough before appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some banks may not grant a mortgage on a flying freehold property.

It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stallingborough. Conveyancing may be slightly more expensive based on your lender's requirements.

I am tempted by the attractive purchase price for a couple of apartments in Stallingborough both have in the region of fifty years left on the leases. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Stallingborough. The lease is a right to use the property for a period of time. As the lease gets shorter the saleability of the lease deteriorates and results in it becoming more expensive to acquire a lease extension. This is why it is often a good idea to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease because mortgage companies may be unwilling to lend money on properties of this type. Lease extension can be a protracted process. We advise that you seek professional help from a conveyancer and surveyor with experience in this field.

I invested in buying a studio flat in Stallingborough, conveyancing having been completed 8 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Stallingborough with an extended lease are worth £197,000. The ground rent is £55 per annum. The lease ends on 21st October 2080

With only 55 years left to run we estimate the price of your lease extension to span between £31,400 and £36,200 plus costs.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.