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

When it comes to leasehold conveyancing in Danbury, you will need to appoint a conveyancing solicitor with leasehold experience. Whether your lender is to be Clydesdale , Yorkshire Building Society or NatWest make sure you find a lawyer on their panel. Find a Danbury conveyancing lawyer with our search tool

Common questions relating to Danbury leasehold conveyancing

Having had my offer accepted I require leasehold conveyancing in Danbury. Before diving in I would like to find out the remaining lease term.

If the lease is recorded at the land registry - and 99.9% are in Danbury - then the leasehold title will always include the short particulars 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.

Jane (my partner) and I may need to sub-let our Danbury basement flat temporarily due to taking a sabbatical. We used a Danbury conveyancing firm in 2001 but they have since shut and we did not think at the time get any guidance as to whether the lease allows us to sublet. How do we find out?

Notwithstanding that your last Danbury conveyancing solicitor is no longer available you can check your lease to check if you are permitted to let out the apartment. The rule is that if the lease is non-specific, subletting is allowed. There may be a precondition that you need to seek permission via your landlord or some other party before subletting. The net result is that you cannot sublet without prior consent. Such consent is not allowed to be unreasonably turned down. If the lease prohibits you from letting out the property you should ask your landlord if they are willing to waive this restriction.

I am hoping to complete next month on a studio apartment in Danbury. 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?

Your report on title for your leasehold conveyancing in Danbury should include some of the following:

  • The total extent of the demise. This will be the flat itself but may include a loft or cellar if appropriate.
  • Setting out your rights in relation to the communal areas in the block.E.G., does the lease include a right of way over a path or hallways?
  • Are pets allowed in the flat?
  • Whether the lease restricts you from renting out the property, or having a home office for business
  • Changes to the flat (alterations and additions)
  • 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.
  • What the implications are if you breach a clause of your lease? For a comprehensive list of information to be contained in your report on your leasehold property in Danbury please enquire of your conveyancer in ahead of your conveyancing in Danbury

  • What advice can you give us when it comes to finding a Danbury conveyancing firm to deal with our lease extension?

    If you are instructing a property lawyer for lease extension works (regardless if they are a Danbury conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you talk with several firms including non Danbury 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 helpful:

    • If they are not ALEP accredited then what is the reason?
  • What are the charges for lease extension conveyancing?

  • Completion in due on our sale of a £225000 flat in Danbury next week. The freeholder has quoted £408 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Danbury?

    For the majority of leasehold sales in Danbury conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    • Addressing pre-exchange questions
    • Where consent is required before sale in Danbury
    • Copies of the building insurance and schedule
    • Deeds of covenant upon sale
    • Registering of the assignment of the change of lessee after a sale
    Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Danbury leasehold premises is £350. For Danbury conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply answers.

    I bought a ground floor flat in Danbury, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Danbury with an extended lease are worth £166,000. The ground rent is £60 invoiced annually. The lease ends on 21st October 2103

    With just 77 years remaining on your lease we estimate the premium for your lease extension to be between £8,600 and £9,800 plus costs.

    The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.

    Other Topics

    Lease Extensions in Danbury