We are about to exchange contracts for a ground floor flat in Selby. We encountered a stumbling block. Our mortgage offer with Chelsea Building Society runs out on 20/1/2025 but the sellers are putting forward a completion date of 22/1/2025. Is it possible to prolong the loan expiry date?

The best person to deal with your concern is your solicitors who will hopefully assess whether he or she is corresponding with the lender, owner’s representatives, property agents or conceivably all three based on the circumstances your transaction to date.

Are there restrictive covenants that are commonly identified during conveyancing in Selby?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Selby. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Selby is the location of the property. Can you shed any light on this issue?

Flying freeholds in Selby are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Selby you must be sure that your lawyer goes 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 Selby 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 residence.

I need to appoint a conveyancing solicitor for residential conveyancing in Selby. I've discover a web site which appears to be the perfect solution If there is a chance to get all this stuff completed via email that would be preferable. Do I need to be wary? 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?

I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a great figure which is making it all the more appealing. I have just been informed that it's a leasehold rather than freehold. I would have thought that there are issues purchasing a house with a leasehold title in Selby. Conveyancing advisers have not yet been appointed. Will my lawyers set out the implications of buying a leasehold house in Selby ?

Most houses in Selby are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are purchasing in Selby in which case you should be shopping around for a Selby conveyancing solicitor and check that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example obtaining the freeholder’sconsent to conduct changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the property is part of an estate. Your conveyancer should appraise you on the various issues.

Selby Conveyancing for Leasehold Flats - Examples of Queries before Purchasing

The answer will be important as a) areas could cause problems for the building as the common areas may start to deteriorate if repairs remain unpaid b) if the leasehold owners have a dispute with the managing agents you will wish to have full disclosure The best form of lease arrangement is a share of the freehold. In this scenario the lessees have control and even though a managing agent is often employed where it is larger than a house conversion, the managing agent is directed by the tenants. Many Selby leasehold flats will be liable to pay a service charge for maintenance of the block set on behalf of the freeholder. Where you buy the apartment you will have to pay this amount, normally quarterly during the year. This could vary from two or three hundred pounds to thousands of pounds for bigger purpose-built buildings. In all probability there will be a ground rent to be met yearly, this is usually not a significant figure, say about £50-£100 but you should to check as sometimes it could be prohibitively expensive.