Fixed-fee leasehold conveyancing in Crowborough:

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Leasehold conveyancing in Crowborough is more complex than freehold. Your home move will be smoother where you choose a lawyer with a wealth of experience of leasehold conveyancing in Crowborough and throughout next step up in loc. The lawyers we recommend have been approved by your lender so use our search tool to check.

Examples of recent questions relating to leasehold conveyancing in Crowborough

Having had my offer accepted I require leasehold conveyancing in Crowborough. Before I set the wheels in motion I want to be sure as to the number of years remaining on the lease.

Assuming the lease is recorded at the land registry - and most are in Crowborough - 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 today plan to offer on a house that appears to meet my requirements, at a reasonable figure which is making it all the more appealing. I have since discovered that it's a leasehold rather than freehold. I would have thought that there are issues buying a leasehold house in Crowborough. Conveyancing solicitors have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in Crowborough ?

Most houses in Crowborough are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Crowborough so you should seriously consider looking for a Crowborough conveyancing practitioner and be sure that they are used to advising on leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want with the house. The lease comes with conditions such as requiring the freeholder’sconsent to carry out alterations. You may also be required to pay a contribution towards the maintenance of the communal areas where the house is located on an estate. Your lawyer will advise you fully on all the issues.

What advice can you give us when it comes to choosing a Crowborough conveyancing firm to deal with our lease extension?

When appointing a property lawyer for your lease extension (regardless if they are a Crowborough conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you make enquires with several firms including non Crowborough conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. Some following of questions could be helpful:

  • How familiar is the practice with lease extension legislation?
  • How many lease extensions have they carried out in Crowborough in the last twenty four months?

    • Can you provide any advice for leasehold conveyancing in Crowborough with the purpose of expediting the sale process?

    • Much of the frustration in leasehold conveyancing in Crowborough can be bypassed where you instruct lawyers as soon as you market your property and ask them to collate the leasehold documentation needed by the purchasers’ representatives.
    • If you have carried out any alterations to the premises would they have required Landlord’s permission? In particular have you laid down wooden flooring? Crowborough leases often stipulate that internal structural changes or installing wooden flooring require a licence from the Landlord acquiescing to such changes. Should you dont have the paperwork in place you should not communicate with the landlord without checking with your solicitor before hand.
  • A minority of Crowborough leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their solicitors.
  • If you are supposed to have a share in the freehold, you should ensure that you are holding the original share document. Organising a re-issued share certificate is often a lengthy formality and slows down many a Crowborough conveyancing deal. If a new share certificate is required, do contact the company director and secretary or managing agents (where applicable) for this as soon as possible.
  • You believe that you know the number of years left on your lease but you should double-check via your solicitors. A purchaser's lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is under 80 years. In the circumstances it is essential at an as soon as possible that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.

    • All being well we will complete the sale of our £400000 apartment in Crowborough next week. The management company has quoted £384 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Crowborough?

    Crowborough conveyancing on leasehold apartments usually involves the buyer’s solicitor sending enquiries for the landlord to answer. Although the landlord is under no legal obligation to answer such questions most will be content to do so. They may levy a reasonable charge for answering enquiries or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some transactions it is above £800. The management information fee required by the landlord must be sent together with a summary of rights and obligations in respect of administration charges, without which the charge is not strictly payable. In reality one has no option but to pay whatever is requested of you if you want to sell the property.

    Leasehold Conveyancing in Crowborough - Sample of Questions you should ask Prior to buying

      Plenty Crowborough leasehold flats will have a service bill for maintenance of the block invoiced on behalf of the freeholder. Where you acquire the property you will have to pay this amount, normally periodically throughout the year. This can vary from several hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a rentcharge to be met yearly, this is usually not a significant figure, say around £25-£75 but you need to enquire it because on occasion it could be surprisingly expensive. Does this lease have in excess of 85 years remaining? Who takes charge for maintaining and repairing the building?

    Other Topics

    Lease Extensions in Crowborough