Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Victoria Park. My lender is Accord Mortgages

Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 22/1/2026, the requirements read as follows :

A friend informed me that in buying a property in Victoria Park there may be various restrictions affecting the ability to carry out external alterations to a property. Is this right?

We are aware of a number of properties in Victoria Park which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Victoria Park should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I happen to be the single beneficiary of my late grandmother’s estate with all property in now in my sole name, including the my former home in Victoria Park. The Victoria Park property was put into my name in December. I want to move. I understand that there is a CML six month 'rule', which means that my proprietorship may be considered the same way as though I had purchased the property in December. Do I have to wait half a year to sell?

The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. How sensible a view banks take of it, depend on the mortgage company as this obligation primarily exists to identify the purchase and immediately sell or the quick reselling of property.

Clydesdale have agreed my home loan in principle, my offer on a house in Victoria Park has been agreed to, now what?

The property agent will need to know who your solicitors are (make sure the conveyancers are on the bank’s panel). Telephone Clydesdale or the broker and finalise any relevant forms. Clydesdale will instruct a valuer who will get in touch with the selling agent or vendor to arrange a slot for the valuation to occur. Once conducted (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Clydesdale will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Victoria Park.

I require quick conveyancing in Victoria Park as I am faced with a deadline to complete inside 2 weeks. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?

As you are not obtaining a mortgage you are at liberty not to do searches although no lawyer would advise that you don't. With plenty of history conveyancing in Victoria Park the following are examples of issues that can appear and adversely impact future saleability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Unadopted Roads,...

I am hoping to put an offer on a small detached house that appears to be perfect, at a reasonable price which is making it more attractive. I have since discovered that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Victoria Park. Conveyancing advisers have not yet been appointed. Will they explain the issues?

Most houses in Victoria Park are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Victoria Park so you should seriously consider looking for a Victoria Park conveyancing solicitor and be sure that they are used to transacting on leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as requiring the landlord’spermission to carry out alterations. You may also be required to pay a contribution towards the upkeep of the estate where the property is part of an estate. Your solicitor should advise you fully on all the issues.

I acquired a 1st floor flat in Victoria Park, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Victoria Park with an extended lease are worth £227,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease finishes on 21st October 2097

With only 71 years unexpired we estimate the premium for your lease extension to range between £9,500 and £11,000 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.

There are a number of houses in Victoria Park on private lanes. I am purchasing such a property. Are there any benefits to purchasing a residence on a private road?

Victoria Park conveyancing solicitors will be used to dealing homeson unadopted roads. Your conveyancing practitioner will review the title to find any rights or liabilities. It is possible that there is a residents association that proprietors make annual payments to maintain the road. Where one exists, the road will likely be maintained and appear nicer than council owned.