Benfleet leasehold conveyancing Example Support Desk Enquiries
I would like to sublet my leasehold flat in Benfleet. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
Your lease governs relations between the landlord and you the flat owner; specifically, it will set out if subletting is banned, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is allowed. The majority of leases in Benfleet do not prevent strict prohibition on subletting – such a provision would adversely affect the market value the property. In most cases there is simply a requirement that the owner notifies the freeholder, possibly sending a duplicate of the tenancy agreement.
Planning to complete next month on a ground floor flat in Benfleet. Conveyancing lawyers have said that they report fully within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Benfleet should include some of the following:
- You should be sent a copy of the lease
I've found a house that appears to be perfect, at a great figure which is making it more attractive. I have subsequently been informed that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Benfleet. Conveyancing solicitors have are about to be appointed. Will my lawyers set out the risks of buying a leasehold house in Benfleet ?
Most houses in Benfleet are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area can help the conveyancing process. We note that you are buying in Benfleet in which case you should be shopping around for a Benfleet conveyancing practitioner and be sure that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example requiring the landlord’spermission to carry out changes to the property. It may be necessary to pay a maintenance charge towards the upkeep of the estate where the house is located on an estate. Your lawyer will appraise you on the various issues.
Do you have any advice for leasehold conveyancing in Benfleet from the point of view of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Benfleet can be reduced if you appoint lawyers as soon as your agents start marketing the property and request that they start to put together the leasehold documentation needed by the buyers conveyancers.
- If you have carried out any alterations to the premises would they have required Landlord’s permission? Have you, for example installed wooden flooring? Benfleet leases often stipulate that internal structural alterations or addition of wooden flooring calls for a licence from the Landlord approving such alterations. If you fail to have the approvals to hand you should not contact the landlord without contacting your solicitor in advance.
We expect to complete our sale of a £400000 maisonette in Benfleet next week. The freeholder has quoted £396 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Benfleet?
For most leasehold sales in Benfleet conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
- Completing pre-exchange enquiries
- Where consent is required before sale in Benfleet
- Copies of the building insurance and schedule
- Deeds of covenant upon sale
- Registering of the assignment of the change of lessee after a sale
I invested in buying a split level flat in Benfleet, conveyancing having been completed 2001. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Benfleet with over 90 years remaining are worth £222,000. The ground rent is £45 invoiced annually. The lease terminates on 21st October 2077
With just 56 years remaining on your lease the likely cost is going to range between £28,500 and £33,000 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.