We are purchasing a flat and need a conveyancing solicitor in Kirkby Stephen who is on the HSBC conveyancing panel. Could you point me in the right direction as regards a solicitor?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Kirkby Stephen.

I bought my apartment on 14 November and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Kirkby Stephen expressed confidence that it should be dealt with in less than a month. Are transfers in Kirkby Stephen uniquely lengthy to register?

As far as conveyancing in Kirkby Stephen registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can adjust subject to who lodges the application, whether there are errors and whether the Land registry must send notices to any 3rd parties. As of today in the region of 80% of such applications are fully dealt with in less than three weeks but some can be subject to longer hold-ups. Registration takes place after the new owner is living at the property therefore post completion formalities is not always top priority yet if it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.

How does conveyancing in Kirkby Stephen differ for newly converted properties?

Most buyers of new build residence in Kirkby Stephen contact us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because builders in Kirkby Stephen tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Kirkby Stephen or who has acted in the same development.

I decided to have a survey carried out on a house in Kirkby Stephen in advance of instructing lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some lenders will not issue a loan on this type of premises.

It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Kirkby Stephen. Conveyancing will be smoother if you use a solicitor in Kirkby Stephen especially if they are familiar with such properties in Kirkby Stephen.

I am looking at a two apartments in Kirkby Stephen both have in the region of fifty years remaining on the leases. Should I regard a short lease as a deal breaker?

A lease is a right to use the property for a period of time. As a lease gets shorter the saleability of the lease decreases and results in it becoming more expensive to acquire a lease extension. This is why it is advisable to extend the lease term. It is often difficulties arise selling premises with a short lease because mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional help from a conveyancer and surveyor with experience in this field.

Kirkby Stephen Leasehold Conveyancing - Sample of Queries before buying

Is there a share of the freehold? The best form of lease arrangement is if the freehold reversion is owned by the leaseholders. In this arrangement the lessees benefit from control and even though a managing agent is usually retained if it is larger than a house conversion, the managing agent employed by the leaseholders. Does this lease have more than 82 years unexpired?