I plan on purchasing a leasehold flat in North Yorkshire. My property lawyer has never been on on the bank approved list. Is it possible for me to retain my North Yorkshire conveyancing solicitor notwithstanding that they are not on the mortgage company panel of approved conveyancing solicitors?

You will need to use a conveyancing practitioner to complete the formalities when you require a loan to purchase your home. They will conduct all the appropriate legal checks on the property, ensuring that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is in order. You can select a North Yorkshire lawyer of your choosing. However, where the lawyer selected is not a member of the bank approved list supplemental costs will be incurred as separate legal representation will be required by them. Lender panel applications can be submitted, so provided your solicitor has not previously sought membership they can do so.

I own a freehold premises in North Yorkshire but still charged rent, why is this and what is this?

It is rare for properties in North Yorkshire and has limited impact for conveyancing in North Yorkshire but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, no chain conveyancing. North Yorkshire is the location of the property. What do you suggest?

Flying freeholds in North Yorkshire are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside North Yorkshire you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Yorkshire may decide 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'm refinancing my primary home to a BTL mortgage with Alliance & Leicester and I will use the ballance of the raised equity as a down payment on a second house. The neighborhood we are interested in is North Yorkshire. Will your conveyancers be able to act for the two mortgage companies and tie in the transactions?

Do use our comparison tool on this page to ensure that the lawyers are on the relevant lender panels. On the basis that they are the conveyancer should be able to simultaneously deal with the two deals but you should talk with you solicitor and make clear your expectations and requirements.

I need to find a conveyancing solicitor for remortgage conveyancing in North Yorkshire. I happened to discover a web site which seems to have the perfect offering If there is a chance to get all formalities done via phone that would be preferable. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?