Fixed-fee leasehold conveyancing in Axminster:

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Any conveyancing practice can theoretically handle your leasehold conveyancing in Axminster, your mortgage provider may unwilling to work with them if the firm are not on their list of approved solicitors for conveyancing

Axminster leasehold conveyancing Example Support Desk Enquiries

My wife and I may need to sub-let our Axminster basement flat temporarily due to a career opportunity. We instructed a Axminster conveyancing practice in 2004 but they have closed and we did not think at the time seek any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?

Some leases for properties in Axminster do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.

Looking forward to exchange soon on a studio apartment in Axminster. Conveyancing lawyers inform me that they report fully on Monday. What should I be looking out for?

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

  • You should receive a copy of the lease
  • Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, freeholder
  • The physical extent of the property. This will be the apartment itself but might include a loft or cellar if applicable.
  • Are you allowed to have a pet in the flat?
  • You must be told what counts as a Nuisance in the lease
  • What you can do if a neighbour is in violation of a provision in their lease?
  • What the implications are if you breach a clause of your lease? For details of the information to be included in your report on your leasehold property in Axminster please enquire of your solicitor in advance of your conveyancing in Axminster

    • I’m about to sell my ground floor apartment in Axminster.Conveyancing is yet to be initiated but I have just received a quarterly service charge demand – should I leave it to the buyer to sort out?

    It best that you pay 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 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.

    What advice can you give us when it comes to choosing a Axminster conveyancing firm to deal with our lease extension?

    If you are instructing a property lawyer for lease extension works (regardless if they are a Axminster conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We advise that you make enquires with several firms including non Axminster 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:

    • How many lease extensions have they carried out in Axminster in the last 12 months?
  • What are the charges for lease extension work?

    • Are there common deficiencies that you encounter in leases for Axminster properties?

    Leasehold conveyancing in Axminster is not unique. Most leases are unique and legal mistakes in the legal wording can sometimes mean that certain provisions are erroneous. The following missing provisions could result in a defective lease:

    • A provision to repair to or maintain parts of the property
    • Insurance obligations
    • Clauses dealing with recovering service charges for expenditure on the building or common parts.
    • Service charge per centages that don't add up correctly leaving a shortfall

    A defective lease will likely cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Halifax, Virgin Money, and Platform Home Loans Ltd all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, obliging the purchaser to pull out.

    Axminster Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing

      Make sure you investigate if there is anything that is prohibited in the lease. For instance it is fairly common in Axminster leases that pets are not permitted in in a block in Axminster. If you love the propertyin Axminster yet your dog is not allowed to move with you then you have a very hard compromise. How much is the yearly maintenance fee and ground rent? Does the lease contain onerous restrictions?

    Other Topics

    Lease Extensions in Axminster