Fixed-fee leasehold conveyancing in Aberbargoed:

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Leasehold conveyancing in Aberbargoed is more complex than freehold. Your home move will be smoother where you choose a lawyer with a wealth of experience of leasehold conveyancing in Aberbargoed and next step up in loc. The lawyers we recommend have been approved by your lender so use our search tool to check.

Examples of recent questions relating to leasehold conveyancing in Aberbargoed

I am on look out for some leasehold conveyancing in Aberbargoed. Before diving in I require certainty as to the remaining lease term.

Assuming the lease is recorded at the land registry - and almost all are in Aberbargoed - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title.For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Estate agents have just been given the go-ahead to market my basement apartment in Aberbargoed.Conveyancing solicitors are to be appointed soon but I have just had a quarterly service charge invoice – Do I pay up?

It best that you pay the invoice as normal because all ground rent and service charges will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Back In 2006, I bought a leasehold house in Aberbargoed. Conveyancing and Nationwide Building Society mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1992. The conveyancing solicitor in Aberbargoed who previously acted has now retired.What should I do?

First make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to incur the fees of a Aberbargoed conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Can you offer any advice when it comes to choosing a Aberbargoed conveyancing firm to deal with our lease extension?

If you are instructing a conveyancer for your lease extension (regardless if they are a Aberbargoed conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with several firms including non Aberbargoed conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. Some following of questions could be useful:

  • If they are not ALEP accredited then why not?
  • What are the charges for lease extension conveyancing?

    • Do you have any top tips for leasehold conveyancing in Aberbargoed with the intention of saving time on the sale process?

    • Much of the delay in leasehold conveyancing in Aberbargoed can be avoided if you get in touch lawyers the minute your agents start advertising the property and request that they start to collate the leasehold information which will be required by the purchasers’ solicitors.
    • The majority landlords or managing agents in Aberbargoed charge for supplying management packs for a leasehold property. You or your lawyers should enquire as to the actual amount of the charges. The management pack can be applied for as soon as you have a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Aberbargoed.
  • In the event that you altered the property did you need the Landlord’s permission? Have you, for example laid down wooden flooring? Aberbargoed leases often stipulate that internal structural changes or addition of wooden flooring necessitate a licence issued by the Landlord approving such alterations. Where you dont have the consents to hand you should not communicate with the landlord without contacting your solicitor first.
  • If you hold a share in a the freehold, you should ensure that you have the original share document. Organising a re-issued share certificate can be a time consuming process and slows down many a Aberbargoed conveyancing transaction. If a duplicate share is necessary, you should approach the company officers or managing agents (where applicable) for this sooner rather than later.
  • You may think that you are aware of the number of years remaining on your lease but it would be advisable double-check via your conveyancers. A purchaser's lawyer will not be happy to advise their client to to exchange contracts if the lease term is below 80 years. It is therefore important at an as soon as possible that you identify whether the lease for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale.

    • Aberbargoed Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing

      Please inform me if there are any major works in the near future that will add a premium to the maintenance fees? Please note if it is fewer than eighty years it will have adverse implications on the value of the flat. Check with your lender that they are content with remaining years on the lease. A short lease means that you will almost definitely require a lease extension at some point and it is worth discovering how much this will be. Remember, in most cases you will be required to have owned the property for two years in order to be eligible to extend the lease. Who takes responsibility for maintaining and repairing the building?

    Other Topics

    Lease Extensions in Aberbargoed