Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Wynyard. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 31/1/2025, the requirements read as follows :

What can a local search inform me regarding the property we're purchasing in Wynyard?

Wynyard conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company for example Xpress Legal The local search is essential in every Wynyard conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search will supply information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.

The deeds to our property can not be found. The conveyancers who conducted the conveyancing in Wynyard 5 years ago no longer exist. What are my options?

Gone are the days when you need to hold title official documentation to prove you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.

The estate agent has sent us the confirmation of our purchase of a new build flat in Wynyard. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Wynyard

Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are surveyor prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

Over the last few months I have been searching for a flat up to £305k and identified one near me in Wynyard I like with open areas and transport links nearby, the downside is that it's only got 51 years on the lease. There is not much else in Wynyard suitable, so just wondered if I would be making a mistake buying a short lease?

If you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.