Is there a reason why leasehold purchase conveyancing in Stokesley costs more?
In short, leasehold conveyancing in Stokesley and North Yorkshire usually warrants more work compared to freehold transactions. This includes lease investigation, corresponding with the landlord concerning the service of appropriate notices, obtaining up-to-date service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.
I have 71 years left on my lease and require a lease extension for my apartment in Stokesley. Conveyancing solicitors on the Virgin panel can deal with such extensions right?
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. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 10/11/2025 the requirements read as follows :
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Stokesley?
Two types of professional can conduct conveyancing in Stokesley namely CLC regulated conveyancers or solicitors. Both professionals handle conveyancing services that required to complete the sale or purchase of property. They are both duty bound to conduct Stokesley conveyancing to the same quality and guidelines so you can be safe in the knowledge that your conveyancing will be properly carried out and that all requirements and procedures will be accurately attended to.
My husband and I have organised the release of further funds on our home loan from Clydesdale as we intend to conduct improvements to our property in Stokesley. Are we obliged to choose a local Stokesley solicitor on the Clydesdale conveyancing panel to handle the legals?
Clydesdale would not normally instruct a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Clydesdale list.
At last I have had an offer on a maisonette in Stokesley agreed to, but there is a chain. The owners have offered on somewhere, however it’s not yet agreed to, and have viewings of other properties booked. I have instructed a nearby conveyancing solicitor in Stokesley. What do I do now? At what stage should I apply for the mortgage with Nottingham?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is approx one thousand pounds, then survey, Stokesley conveyancing search costs, etc). First, you should check that your lawyer is on the Nottingham conveyancing panel. Concerning the subsequent phase this very much dictated by the circumstances of your transaction, desire for this property and on the state of the market. During a buoyant market many home buyers would apply for the mortgage with Nottingham and pay for the valuation and only if it comes back ok would they request their conveyancer to move forward with searches.
Due to the advice of my in-laws I had a survey completed on a property in Stokesley in advance of retaining conveyancers. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies will not give a loan on this type of property.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Halifax. If you contact us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stokesley. Conveyancing will be smoother if you use a solicitor in Stokesley especially if they are acquainted with such properties in Stokesley.
Do online conveyancing organisations do everything a local Stokesley solicitor does or must I employ a solicitor for the final stages for my conveyancing in Stokesley?
If you choose an online conveyancer they should cover all the things your Stokesley conveyancer will cover.