Frequently asked questions relating to Dursley leasehold conveyancing
I am in need of some leasehold conveyancing in Dursley. Before diving in I want to be sure as to the remaining lease term.
If the lease is registered - and most are in Dursley - 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.
I have recently realised that I have 72 years unexpired on my lease in Dursley. I need to extend my lease but my landlord is absent. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. However, you will be required to prove that you or your lawyers have made all reasonable attempts to track down the freeholder. For most situations a specialist may be useful to conduct investigations and prepare an expert document which can be used as evidence that the freeholder can not be located. It is advisable to get professional help from a property lawyer in relation to proving the landlord’s absence and the application to the County Court overseeing Dursley.
I am hoping to complete next month on a ground floor flat in Dursley. Conveyancing solicitors assured me that they will have a report out to me on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Dursley should include some of the following:
- You should be told what counts as a Nuisance in the lease
Estate agents have just been given the go-ahead to market my garden apartment in Dursley.Conveyancing lawyers have not yet been instructed but I have just received a quarterly service charge invoice – Do I pay up?
The sensible thing to do is discharge the service charge 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 until 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. This will smooth the conveyancing process.
Do you have any advice for leasehold conveyancing in Dursley with the aim of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Dursley can be bypassed if you get in touch lawyers as soon as your agents start marketing the property and ask them to put together the leasehold information needed by the buyers lawyers.
- If you have carried out any alterations to the premises would they have required Landlord’s permission? Have you, for example laid down wooden flooring? Most leases in Dursley state that internal structural alterations or addition of wooden flooring require a licence issued by the Landlord consenting to such works. Should you dont have the consents to hand do not communicate with the landlord without checking with your solicitor in advance.
Dursley Conveyancing for Leasehold Flats - Examples of Questions you should ask before buying
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Is the freehold owned collectively by the leaseholders?
Its a good idea to discover as much as possible concerning the company managing the block as they will either make your living at the property much simpler or a lot more difficult. Being a leasehold owner you are frequently at the mercy of the managing agents both financially and when it comes to every day issues like the upkeep of the common parts. Don't be shy to ask other people what they think of their service. In conclusion, be sure you know the dates that you are obliged pay the service charge to the appropriate party and specifically what you get for your money.
The answer will be important as a) areas can cause problems in the block as the communal areas may begin to deteriorate where repairs are not paid for b) if the leasehold owners have a dispute with the running of the building you will need to know about it
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