Due to complete next month on a studio apartment in Aberporth. Conveyancing solicitors inform me that they are sending me a report within the next couple of days. What should I be looking out for?

Your report on title for your leasehold conveyancing in Aberporth should include some of the following:

• You should receive a copy of the lease

I have just started marketing my basement flat in Aberporth.Conveyancing solicitors are to be appointed soon but I have just received a quarterly service charge invoice – what should I do?

The sensible thing to do is discharge the service charge 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 managing agents will not acknowledge the buyer unless 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. Having a clear account will assist your cause and will leave you no worse off financially.

I today plan to offer on a house that seems to be perfect, at a great price which is making it all the more appealing. I have since been informed that it's a leasehold rather than freehold. I am assuming that there are particular concerns buying a leasehold house in Aberporth. Conveyancing lawyers have are about to be appointed. Will they explain the issues?

Most houses in Aberporth are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area can assist with the conveyancing process. It is clear that you are buying in Aberporth in which case you should be looking for a Aberporth conveyancing solicitor and check that they are used to dealing with leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example requiring the landlord’spermission to conduct changes to the property. It may be necessary to pay a contribution towards the upkeep of the communal areas where the house is located on an estate. Your solicitor will appraise you on the various issues.

My wife and I purchased a leasehold house in Aberporth. Conveyancing and Skipton Building Society mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Aberporth who previously acted has now retired.Do I pay?

The first thing you should do is contact the Land Registry to be sure that the individual claiming to own the freehold is indeed the new freeholder. It is not necessary to incur the fees of a Aberporth conveyancing firm to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Can you offer any advice when it comes to finding a Aberporth conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a solicitor for lease extension works (regardless if they are a Aberporth conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with several firms including non Aberporth conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. Some following of questions could be of use:

• Can they put you in touch with client in Aberporth who can give a testimonial?

Leasehold Conveyancing in Aberporth - Sample of Questions you should ask Prior to buying

The best form of lease structure is a share of the freehold. In this scenario the leaseholders have being in charge if their destiny and although a managing agent is often employed where it is bigger than a house conversion, the managing agent is directed by the tenants. Be sure to investigate if there are any onerous prohibitions in the lease. For example it is reasonably common in Aberporth leases that pets are not permitted in certain buildings in Aberporth. If you love the propertyin Aberporth yet your dog is not allowed to make the move with you then you will be faced difficult decision. You will want to discover as much as you can about the managing agents as they can either make your living at the property much easier or problematic. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to daily issues such as the cleanliness of the communal areas. Don't be afraid to ask prospective neighbours whether they are happy with them. Finally, find out the dates that the maintenance fees are due to the managing agents and specifically how they are spending that money.

Other Topics

Lease Extensions in Aberporth