Billingham leasehold conveyancing: Q and A’s
Helen (my wife) and I may need to sub-let our Billingham ground floor flat temporarily due to a career opportunity. We instructed a Billingham conveyancing practice in 2002 but they have since shut 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?
Notwithstanding that your previous Billingham conveyancing lawyer is no longer available you can check your lease to check if it allows you to sublet the property. The rule is that if the lease is non-specific, subletting is allowed. Quite often there is a prerequisite that you are obliged to obtain permission from your landlord or some other party prior to subletting. This means that you cannot sublet without prior permission. The consent is not allowed to be unreasonably withheld. If the lease prohibits you from letting out the property you should ask your landlord if they are willing to waive this restriction.
My wife and I purchased a leasehold house in Billingham. Conveyancing and Nottingham Building Society mortgage organised. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1992. The conveyancing solicitor in Billingham who previously acted has now retired.Do I pay?
First contact the Land Registry to make sure that this person is in fact the new freeholder. You do not need to incur the fees of a Billingham conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am a negotiator for a long established estate agent office in Billingham where we have witnessed a few leasehold sales jeopardised as a result of short leases. I have received inconsistent advice from local Billingham conveyancing firms. Please can you confirm whether the vendor of a flat can initiate the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
What are your top tips when it comes to finding a Billingham conveyancing firm to carry out our lease extension conveyancing?
When appointing a property lawyer for your lease extension (regardless if they are a Billingham conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with several firms including non Billingham conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. Some following of questions might be useful:
- How many lease extensions have they completed in Billingham in the last year?
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £275000 garden flat in Billingham in just under a week. The landlords agents has quoted £408 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Billingham?
Billingham conveyancing on leasehold apartments usually necessitates administration charges raised by freeholders :
- Completing conveyancing due diligence enquiries
- Where consent is required before sale in Billingham
- 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 Billingham - Sample of Questions you should ask Prior to Purchasing
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This question is useful as a) areas can result in problems in the building as the common areas may start to deteriorate where repairs are not paid for b) if the leaseholders have a dispute with the managing agents you will wish to know about it
The best form of lease structure is a share of the freehold. In this situation the lessees have control and even though a managing agent is frequently employed if it is larger than a house conversion, the managing agent is directed by the tenants.
Who manages the building?
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