Common questions relating to Aston Clinton leasehold conveyancing
I am on look out for some leasehold conveyancing in Aston Clinton. Before I get started I want to be sure as to the unexpired term of the lease.
Assuming the lease is registered - and 99.9% are in Aston Clinton - 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.
I am intending to sublet my leasehold apartment in Aston Clinton. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?
A lease dictates the relationship between the landlord and you the flat owner; specifically, it will set out if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Aston Clinton do not prevent subletting altogether – such a provision would undoubtedly devalue the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly supplying a copy of the tenancy agreement.
Estate agents have just been given the go-ahead to market my ground floor apartment in Aston Clinton.Conveyancing has not commenced but I have just received a half-yearly maintenance charge demand – 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 managing agents 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. Having a clear account will assist your cause and will leave you no worse off financially.
What advice can you give us when it comes to appointing a Aston Clinton conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for lease extension works (regardless if they are a Aston Clinton conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you make enquires with two or three firms including non Aston Clinton conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions could be of use:
- If they are not ALEP accredited then what is the reason?
We expect to complete our sale of a £350000 flat in Aston Clinton next Monday . The landlords agents has quoted £384 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Aston Clinton?
Aston Clinton conveyancing on leasehold flats normally necessitates administration charges invoiced by management companies :
- Answering conveyancing due diligence enquiries
- Where consent is required before sale in Aston Clinton
- Copies of the building insurance and schedule
- Deeds of covenant upon sale
- Registering of the assignment of the change of lessee after a sale
Aston Clinton Leasehold Conveyancing - A selection of Queries before Purchasing
-
The answer will be important as a) areas can cause problems for the block as the communal areas may start to deteriorate if services are not paid for b) if the leaseholders have an issue with the running of the building you will need to know about it
What is the name of the managing agents?
Be sure to investigate if there is anything that is prohibited in the lease. For example some leases prohibit pets being permitted in certain buildings in Aston Clinton. If you like the flatin Aston Clinton yet your cat can’t move with you then you have a very difficult decision.
Other Topics