Fixed-fee leasehold conveyancing in Alfriston:

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Questions and Answers: Alfriston leasehold conveyancing

Having had my offer accepted I require leasehold conveyancing in Alfriston. Before I get started I want to be sure as to the unexpired term of the lease.

If the lease is registered - and almost all are in Alfriston - then the leasehold title will always include the basic details 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.

Having checked my lease I have discovered that there are only Seventy years left on my flat in Alfriston. I am keen to extend my lease but my landlord is can not be found. What should I do?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to prove that you or your lawyers have made all reasonable attempts to locate the landlord. In some cases an enquiry agent should be helpful to try and locate and prepare an expert document to be used as proof that the landlord can not be located. It is wise to seek advice from a property lawyer both on proving the landlord’s absence and the vesting order request to the County Court overseeing Alfriston.

Looking forward to sign contracts shortly on a ground floor flat in Alfriston. Conveyancing lawyers have said that they report fully tomorrow. What should I be looking out for?

The report on title for your leasehold conveyancing in Alfriston should include some of the following:

  • You should receive a copy of the lease
  • The length of the lease term You should be advised as what happens when the lease expires, and informed of the importance of the 80 year mark
  • The total extent of the demise. This will be the apartment itself but could also include a loft or basement if applicable.
  • Ground rent - how much and when you need to pay, and also know whether this will change in the future
  • You should have a good understanding of the insurance provisions
  • I don't know whether the lease allows me to alter or improve anything in the flat - you should know whether it applies to all alterations or just structural alteration, and whether consent is required
  • The landlord’s rights to access the flat you be made aware that your landlord has rights of access and I know how much notice s/he must provide. For a comprehensive list of information to be included in your report on your leasehold property in Alfriston please ask your lawyer in ahead of your conveyancing in Alfriston

    • I am attracted to a couple of flats in Alfriston both have in the region of forty five years left on the leases. Should I regard a short lease as a deal breaker?

    There are plenty of short leases in Alfriston. The lease is a right to use the premises for a prescribed time frame. As the lease gets shorter the value of the lease decreases and it becomes more costly to extend the lease. This is why it is advisable to extend the lease term. Sometimes it is difficult to sell a property with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease extension can be a protracted process. We advise that you get professional help from a solicitor and surveyor with experience in this arena

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

    When appointing a conveyancer for lease extension works (regardless if they are a Alfriston conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with several firms including non Alfriston conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions might be helpful:

    • How experienced is the firm with lease extension legislation?
  • What are the legal fees for lease extension conveyancing?

    • Alfriston Leasehold Conveyancing - Sample of Questions you should consider Prior to buying

      This question is useful as a) areas may result in problems in the building as the communal areas may begin to deteriorate where repairs remain unpaid b) if the tenants have a dispute with the managing agents you will wish to have all the details It is important to be aware whether window replacement or some other major work is anticipated that will be shared amongst the leasehold owners and could well materially increase the the service costs or require a one off invoice. The best form of lease arrangement is if the freehold title is owned by the leaseholders. In this scenario the tenants have control and although a managing agent is frequently retained if it is larger than a house conversion, the managing agent acts for the leaseholders themselves.

    Other Topics

    Lease Extensions in Alfriston