Top Five Questions relating to Biddenham leasehold conveyancing
I only have Fifty years unexpired on my flat in Biddenham. I am keen to extend my lease but my freeholder is absent. What options are available to me?
On the basis that you qualify, 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 enable the lease to be extended by the magistrate. You will be obliged to prove that you or your lawyers have used your best endeavours to locate the lessor. On the whole a specialist would be helpful to try and locate and prepare an expert document to be accepted by the court as proof that the landlord is indeed missing. It is wise to seek advice from a solicitor both on proving the landlord’s disappearance and the application to the County Court overseeing Biddenham.
Expecting to complete next month on a garden flat in Biddenham. Conveyancing solicitors have said that they are sending me a report next week. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Biddenham should include some of the following:
- Does the lease prohibit wood flooring?
I have just appointed agents to market my ground floor flat in Biddenham.Conveyancing solicitors are to be appointed soon but I have just received a quarterly service charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge 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 unless 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.
Can you provide any top tips for leasehold conveyancing in Biddenham from the point of view of expediting the sale process?
- Much of the frustration in leasehold conveyancing in Biddenham can be bypassed where you get in touch lawyers the minute you market your property and request that they start to collate the leasehold documentation needed by the buyers lawyers.
- The majority freeholders or managing agents in Biddenham charge for providing management packs for a leasehold homes. You or your lawyers should find out the actual amount of the charges. The management pack can be applied for as soon as you have a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in Biddenham.
We expect to complete the sale of our £375000 apartment in Biddenham next week. The management company has quoted £300 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Biddenham?
Biddenham conveyancing on leasehold maisonettes nine out of ten times involves fees being raised by freeholders :
- Completing pre-contract enquiries
- Where consent is required before sale in Biddenham
- Copies of the building insurance and schedule
- Deeds of covenant upon sale
- Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Biddenham - A selection of Questions you should consider Prior to buying
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What prohibitions are contained in the Biddenham Lease?
For many Biddenham leaseholds the outlay for major works tend not to be included within service charges, although there some managing agents in Biddenham ask tenants to pay into a reserve fund created for the specific purpose of establishing a fund for larger works.
What is the annual service fee and ground rent?
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