Leasehold Conveyancing in Barlaston and Tittensor - Get a Quote from the leasehold experts approved by your lender

While any conveyancing practice can theoretically deal with your leasehold conveyancing in Barlaston and Tittensor, your mortgage provider may not be willing to work with them if the firm are not on their list of approved solicitors for conveyancing

Questions and Answers: Barlaston and Tittensor leasehold conveyancing

I wish to let out my leasehold flat in Barlaston and Tittensor. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?

Even though your previous Barlaston and Tittensor conveyancing lawyer is not around you can review your lease to check if you are permitted to let out the apartment. The rule is that if the lease is non-specific, subletting is allowed. There may be a precondition that you must seek consent from your landlord or other appropriate person prior to subletting. This means that you cannot sublet without first obtaining permission. Such consent must not not be unreasonably refused ore delayed. If the lease does not allow you to sublet you will need to ask your landlord for their consent.

I am hoping to complete next month on a studio apartment in Barlaston and Tittensor. Conveyancing solicitors inform me that they report fully next week. What should I be looking out for?

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

  • How long the lease is You should be advised as what happens when the lease expires, and aware of the importance of not letting the lease term falling below eighty years
  • Does the lease require carpeting throughout thus preventing wood flooring?
  • Will you be prohibited or prevented from having pets in the property?
  • Whether the lease restricts you from subletting the property, or having a home office for business
  • An explanation as to the provision in the lease to pay service charges - with regard to both the building, and the more general rights a leaseholder has
  • Changes to the flat (alterations and additions)
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? For details of the information to be contained in your report on your leasehold property in Barlaston and Tittensor please ask your solicitor in ahead of your conveyancing in Barlaston and Tittensor

  • I am tempted by the attractive purchase price for a couple of maisonettes in Barlaston and Tittensor which have approximately 50 years remaining on the leases. Should I regard a short lease as a deal breaker?

    There are plenty of short leases in Barlaston and Tittensor. The lease is a right to use the property for a period of time. As a lease gets shorter the saleability of the lease deteriorate and results in it becoming more expensive to acquire a lease extension. For this reason it is often a good idea to extend the lease term. Sometimes it is difficult to sell a property with a short lease because mortgage companies less inclined to grant a loan on such properties. Lease extension can be a difficult process. We advise that you get professional assistance from a conveyancer and surveyor with experience in this arena

    Last month I purchased a leasehold flat in Barlaston and Tittensor. Do I have any liability for service charges for periods before my ownership?

    In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

    If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

    If all goes to plan we aim to complete the disposal of our £200000 apartment in Barlaston and Tittensor on Tuesday in a week. The freeholder has quoted £300 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Barlaston and Tittensor?

    Barlaston and Tittensor conveyancing on leasehold flats nine out of ten times necessitates administration charges raised by managing agents :

    • Answering pre-contract questions
    • Where consent is required before sale in Barlaston and Tittensor
    • Copies of the building insurance and schedule
    • Deeds of covenant upon sale
    • Registering of the assignment of the change of lessee after a sale
    Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Barlaston and Tittensor leasehold property is £350. For Barlaston and Tittensor conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply the information.

    I inherited a leasehold flat in Barlaston and Tittensor, conveyancing having been completed 4 years ago. Can you work out an approximate cost of a lease extension? Comparable flats in Barlaston and Tittensor with over 90 years remaining are worth £169,000. The ground rent is £55 per annum. The lease expires on 21st October 2089

    With only 63 years unexpired the likely cost is going to range between £16,200 and £18,600 as well as legals.

    The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.

    Other Topics

    Lease Extensions in Barlaston and Tittensor