Leasehold Conveyancing in Boldon - Get a Quote from the leasehold experts approved by your lender

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When it comes to leasehold conveyancing in Boldon, you will need to chose a conveyancing practitioner with leasehold experience. Whether your lender is to be Halifax, RBS or NatWest make sure you choose a lawyer on their approved list. Find a Boldon conveyancing lawyer with our search tool

Common questions relating to Boldon leasehold conveyancing

Having had my offer accepted I require leasehold conveyancing in Boldon. Before I get started I would like to find out the unexpired term of the lease.

If the lease is registered - and 99.9% are in Boldon - 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.

I have recently realised that I have 68 years remaining on my lease in Boldon. I now wish to extend my lease but my freeholder is missing. What should I do?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. However, you will be required to prove that you have made all reasonable attempts to find the freeholder. On the whole an enquiry agent may be useful to try and locate and prepare an expert document which can be used as proof that the landlord can not be located. It is wise to seek advice from a solicitor both on devolving into the landlord’s disappearance and the application to the County Court covering Boldon.

I am hoping to complete next month on a leasehold property in Boldon. Conveyancing solicitors have said that they report fully tomorrow. Are there areas in the report that I should be focusing on?

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

  • You should be sent a copy of the lease
  • The total extent of the premises. This will be the flat itself but could also incorporate a roof space or cellar if applicable.
  • Defining your legal entitlements in respect of the communal areas in the building.By way of example, does the lease permit a right of way over a path or hallways?
  • Do you need to have carpet in the flat or are you allowed wood flooring?
  • Will you be prohibited or prevented from having pets in the property?
  • The landlord’s rights to access the flat you be made aware that your landlord has rights of access and I know how much notice s/he must provide.
  • 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 included in your report on your leasehold property in Boldon please enquire of your conveyancer in advance of your conveyancing in Boldon

    • Back In 2003, I bought a leasehold flat in Boldon. Conveyancing and Platform Home Loans Ltd mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in Boldon who acted for me is not around.What should I do?

    The first thing you should do is make enquiries of HMLR to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Boldon conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

    I am attracted to a couple of flats in Boldon which have approximately 50 years unexpired on the lease term. should I be concerned?

    A lease is a legal document that entitles you to use the premises for a period of time. As the lease shortens the saleability of the lease deteriorate and it becomes more expensive to acquire a lease extension. For this reason it is generally wise to extend the lease term. Sometimes it is difficult to sell a property with a short lease because mortgage companies may be reluctant to lend money on properties of this type. Lease enfranchisement can be a protracted process. We recommend you get professional help from a conveyancer and surveyor with experience in this arena

    Leasehold Conveyancing in Boldon - Examples of Questions you should ask before Purchasing

      The answer will be important as a) areas may result in problems in the building as the communal areas may start to deteriorate if repairs remain unpaid b) if the leasehold owners have a dispute with the managing agents you will need to have all the details How long is the Lease? It would be sensible to investigate if there are any onerous restrictions in the lease. By way of example some leases prohibit pets being allowed in certain buildings in Boldon. If you like the propertyin Boldon yet your cat can’t make the move with you then you will be presented with a difficult determination.

    Other Topics

    Lease Extensions in Boldon