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

When it comes to leasehold conveyancing in Easton, you will need to appoint a conveyancing lawyer with leasehold experience. Whether your lender is to be Clydesdale , RBS or NatWest make sure you choose a lawyer on their panel. Find a Easton conveyancing lawyer with our search tool

Questions and Answers: Easton leasehold conveyancing

Having had my offer accepted I require leasehold conveyancing in Easton. Before diving in I require certainty as to the unexpired term of the lease.

If the lease is recorded at the land registry - and almost all are in Easton - 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.

Due to complete next month on a leasehold property in Easton. Conveyancing lawyers inform me that they are sending me a report tomorrow. Are there areas in the report that I should be focusing on?

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

  • The physical extent of the premises. This will be the property itself but might include a loft or cellar if appropriate.
  • You must be told what constitutes a Nuisance in the lease
  • Repair and maintenance of the flat
  • I don't know whether the lease allows me to alter or improve anything in the flat - you should know whether it applies to all alterations or just structural alteration, and whether consent is required
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice?
  • Responsibility for repairing the window frames
  • What you can do if a neighbour is in violation of a provision in their lease? For details of the information to be contained in your report on your leasehold property in Easton please ask your solicitor in ahead of your conveyancing in Easton

  • I am looking at a couple of apartments in Easton which have in the region of 50 years left on the lease term. Do I need to be concerned?

    A lease is a right to use the premises for a period of time. As the lease gets shorter the saleability of the lease reduces and it becomes more costly to extend the lease. For this reason it is advisable to extend the lease term. It is often difficult to sell a property with a short lease as mortgage lenders may be reluctant to lend money on such properties. Lease enfranchisement can be a difficult process. We recommend you seek professional assistance from a solicitor and surveyor with experience in this arena

    Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £250000 maisonette in Easton in seven days. The managing agents has quoted £360 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is the landlord entitled to charge such fees for a flat conveyance in Easton?

    Easton conveyancing on leasehold flats often involves the purchaser’s conveyancer sending enquiries for the landlord to address. Although the landlord is under no legal obligation to answer such questions the majority will be willing to do so. They may levy a reasonable charge for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is £350, in some situations it is in excess of £800. The management information fee invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in respect of administration charges, otherwise the invoice is technically not due. Reality however dictates that one has little choice but to pay whatever is demanded should you wish to exchange contracts with the buyer.

    Are there common deficiencies that you encounter in leases for Easton properties?

    Leasehold conveyancing in Easton is not unique. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain clauses are erroneous. The following missing provisions could result in a defective lease:

    • A provision to repair to or maintain parts of the premises
    • Insurance obligations
    • Clauses dealing with recovering service charges for expenditure on the building or common parts.
    • Service charge per centages that don't add up correctly leaving a shortfall

    A defective lease will likely cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, Coventry Building Society, and Alliance & Leicester all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to withdraw.

    Easton Leasehold Conveyancing - A selection of Questions you should ask before Purchasing

      What restrictions exist in the Easton Lease? How many of the leaseholders are in arrears for their service charge payments? In the main the cost for major works tend not to be included within service charges, albeit that some managing agents in Easton ask tenants to pay into a reserve fund and this is used to offset against larger works.

    Other Topics

    Lease Extensions in Easton