Frequently asked questions relating to Eaton Bray leasehold conveyancing
I am on look out for some leasehold conveyancing in Eaton Bray. Before diving in I would like to find out the number of years remaining on the lease.
Assuming the lease is registered - and most are in Eaton Bray - 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.
There are only Sixty One years left on my lease in Eaton Bray. I now want to get lease extension but my freeholder is missing. 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 an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to demonstrate that you or your lawyers have done all that could be expected to track down the freeholder. On the whole an enquiry agent should be useful to try and locate and prepare an expert document to be accepted by the court as evidence that the freeholder can not be located. It is wise to seek advice from a conveyancer in relation to proving the landlord’s disappearance and the application to the County Court covering Eaton Bray.
Expecting to complete next month on a studio apartment in Eaton Bray. Conveyancing solicitors have said that they report fully tomorrow. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Eaton Bray should include some of the following:
- You should be sent a copy of the lease
I own a leasehold flat in Eaton Bray. Conveyancing and Leeds Building Society mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Eaton Bray who acted for me is not around.Any advice?
First contact HMLR to be sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Eaton Bray conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Can you provide any advice for leasehold conveyancing in Eaton Bray with the purpose of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Eaton Bray can be avoided where you instruct lawyers the minute your agents start marketing the property and ask them to put together the leasehold documentation needed by the buyers conveyancers.
- The majority freeholders or Management Companies in Eaton Bray levy fees for providing management packs for a leasehold homes. You or your lawyers should discover the actual amount of the charges. The management information can be applied for on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Eaton Bray.
Eaton Bray Leasehold Conveyancing - Examples of Questions you should consider before Purchasing
It would be a good idea to enquire if the the lease contains any onerous restrictions in the lease. For instance it is very common in Eaton Bray leases that pets are not permitted in certain buildings in Eaton Bray. If you like the flatin Eaton Bray but your dog can’t make the move with you then you will be presented with a difficult compromise.
How long is the Lease?
What prohibitions exist in the Eaton Bray Lease?