Recently asked questions relating to Battlesbridge leasehold conveyancing
I am on look out for some leasehold conveyancing in Battlesbridge. Before I get started I require certainty as to the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Battlesbridge - 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.
Jane (my partner) and I may need to let out our Battlesbridge ground floor flat temporarily due to a new job. We instructed a Battlesbridge conveyancing firm in 2003 but they have closed and we did not have the foresight to seek any guidance as to whether the lease allows us to sublet. How do we find out?
Even though your previous Battlesbridge conveyancing solicitor is no longer available you can check your lease to see if you are permitted to let out the premises. The accepted inference is that if the deeds are silent, subletting is allowed. There may be a precondition that you must seek consent via your landlord or some other party in advance of subletting. The net result is that you cannot sublet without prior permission. Such consent should not be unreasonably withheld. If your lease prohibits you from subletting the property you will need to ask your landlord if they are willing to waive this restriction.
Having checked my lease I have discovered that there are only Seventy years remaining on my lease in Battlesbridge. I now wish to get lease extension but my freeholder is absent. What options are available to me?
On the basis that you meet the appropriate requirements, 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 mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to locate the landlord. On the whole a specialist should be helpful to conduct investigations and to produce a report which can be accepted by the court as evidence that the landlord is indeed missing. It is advisable to get professional help from a property lawyer both on investigating the landlord’s disappearance and the vesting order request to the County Court covering Battlesbridge.
Do you have any top tips for leasehold conveyancing in Battlesbridge from the point of view of expediting the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Battlesbridge can be bypassed if you get in touch lawyers as soon as your agents start marketing the property and ask them to collate the leasehold documentation needed by the buyers conveyancers.
- In the event that you altered the property did you need the Landlord’s permission? Have you, for example laid down wooden flooring? Most leases in Battlesbridge state that internal structural alterations or installing wooden flooring necessitate a licence issued by the Landlord approving such works. If you fail to have the consents in place do not contact the landlord without checking with your conveyancer in advance.
If all goes to plan we aim to complete our sale of a £450000 garden flat in Battlesbridge next Tuesday . The managing agents has quoted £360 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Battlesbridge?
Battlesbridge conveyancing on leasehold flats often involves the buyer’s solicitor sending enquiries for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries most will be content to assist. They may charge a reasonable administration fee for answering enquiries or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some situations it is in excess of £800. The management information fee required by the landlord must be accompanied by a summary of entitlements and obligations in respect of administration fees, otherwise the invoice is not strictly payable. Reality however dictates that one has no choice but to pay whatever is demanded if you want to complete the sale of your home.
Leasehold Conveyancing in Battlesbridge - Examples of Questions you should consider before buying
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Many Battlesbridge leasehold flats will be liable to pay a service charge for maintenance of the block invoiced on behalf of the management company. Where you buy the property you will have to meet this amount, normally quarterly throughout the year. This can be anything from a couple of hundred pounds to thousands of pounds for large purpose-built blocks. In all probability there will be a ground rent to be met yearly, ordinarily this is not a large sum, say about £50-£100 but you should to check as sometimes it could be many hundreds of pounds.
Best to be warned if window replacement or some other major work is pending that will be shared by the leasehold owners and could well materially increase the the maintenance charges or require a one off invoice.
In the main the cost for major works tend not to be incorporated into the service charges, albeit that there some managing agents in Battlesbridge obliged tenants to contribute towards a reserve fund and this is used to offset against larger works.
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