Guaranteed fixed fees for Leasehold Conveyancing in Eccleston

Looking for a solicitor for leasehold conveyancing in Eccleston on your lender’s panel? Use our search tool to find quality local Eccleston conveyancing practitioners or nationwide solicitors on your lender’s panel .

Top Five Questions relating to Eccleston leasehold conveyancing

I am in need of some leasehold conveyancing in Eccleston. Before I get started I would like to find out the unexpired term of the lease.

If the lease is registered - and almost all are in Eccleston - 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.

Estate agents have just been given the go-ahead to market my garden flat in Eccleston.Conveyancing is yet to be initiated but I have just received a half-yearly service charge demand – Do I pay up?

Your conveyancing lawyer is likely to suggest that you should 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 management companies 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. Having a clear account will assist your cause and will leave you no worse off financially.

Last month I purchased a leasehold house in Eccleston. Am I liable to pay service charges for periods before completion of my purchase?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I work for a reputable estate agent office in Eccleston where we see a number of leasehold sales jeopardised as a result of short leases. I have received contradictory information from local Eccleston conveyancing solicitors. Please can you clarify whether the seller of a flat can commence the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

What are your top tips when it comes to appointing a Eccleston conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a conveyancer for your lease extension (regardless if they are a Eccleston conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with several firms including non Eccleston conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. Some following of questions might be of use:

  • Can they put you in touch with client in Eccleston who can give a testimonial?
  • What are the legal fees for lease extension work?

  • Eccleston Leasehold Conveyancing - Examples of Queries before Purchasing

      Are any of leasehold owners in arrears of their service charge payments? The majority of Eccleston leasehold apartments will be liable to pay a service charge for maintenance of the block levied by the freeholder. If you acquire the flat you will have to meet this liability, normally periodically during the year. This could differ from a couple of hundred pounds to thousands of pounds for blocks with lifts and large communal areas. There will also be a rentcharge for you to pay yearly, normally this is not a significant amount, say about £50-£100 but you need to enquire it because occasionally it could be many hundreds of pounds. It would be prudent to find out as much as you can about the managing agents as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you will be in the clutches of the managing agents both financially and when it comes to day to day issues like the cleanliness of the common parts. You should not be afraid to ask prospective neighbours what they think of their management. Finally, be sure you know the dates that the service fees are due to the appropriate party and specifically what it includes.

    Other Topics

    Lease Extensions in Eccleston