Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Finsbury. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 10/12/2025, the requirements read as follows :

I used Stirling Law a few years ago for my conveyancing in Finsbury. I now require my papers however the law firm is no longer operating. What do I do?

Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Finsbury of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Finsbury is the location of the property. Is there any guidance you can impart?

Flying freeholds in Finsbury are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Finsbury you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Finsbury may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I am a negotiator for a reputable estate agent office in Finsbury where we see a number of flat sales jeopardised as a result of leases having less than 80 years remaining. I have received conflicting advice from local Finsbury conveyancing solicitors. Please can you clarify whether the owner of a flat can commence the lease extension formalities for the purchaser on completion of the sale?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Having spent years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Finsbury. Can we issue an application to the Residential Property Tribunal Service?

if there is a absentee landlord or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to assess the sum to be paid.

An example of a Lease Extension matter before the tribunal for a Finsbury residence is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case affected 1 flat. The unexpired residue of the current lease was 66.8 years.

My husband and I are are looking to find a quality conveyancing lawyer in Finsbury to purchase a apartment. I I am concerned about being overcharged and there are so many Finsbury conveyancing solicitors out there...who do I opt for?

An independent personal recommendation via a person who has used a conveyancing lawyer before is always a good thing. You are bound to know someone who has used a conveyancing solicitor in the past. Feel free to utilise our comparison tool for Finsbury conveyancing quotes