Examples of recent questions relating to leasehold conveyancing in Exeter
Expecting to complete next month on a basement flat in Exeter. Conveyancing solicitors have said that they are sending me a report on Monday. What should I be looking out for?
Your report on title for your leasehold conveyancing in Exeter should include some of the following:
- The physical extent of the property. This will be the flat itself but may incorporate a roof space or basement if appropriate.
Estate agents have just been given the go-ahead to market my garden flat in Exeter.Conveyancing is yet to be initiated but I have just had a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice 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 unless 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.
My wife and I purchased a leasehold flat in Exeter. Conveyancing and HSBC Bank mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Exeter who acted for me is not around.What should I do?
The first thing you should do is contact HMLR to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Exeter conveyancing practitioner to do this as it can be done on-line for a few pound. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
What are your top tips when it comes to appointing a Exeter conveyancing practice to carry out our lease extension conveyancing?
When appointing a property lawyer for lease extension works (regardless if they are a Exeter conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you talk with two or three firms including non Exeter conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. Some following of questions could be helpful:
- How experienced is the practice with lease extension legislation?
All being well we will complete the disposal of our £400000 flat in Exeter in six days. The freeholder has quoted £408 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge such fees for a flat conveyance in Exeter?
Exeter conveyancing on leasehold apartments nine out of ten times results in fees being raised by landlords agents :
- Answering pre-contract enquiries
- Where consent is required before sale in Exeter
- Supplying insurance information
- Deeds of covenant upon sale
- Registering of the assignment of the change of lessee after a sale
Exeter Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to buying
Is the freehold owned collectively by the tenants?
This information is helpful as a) areas may result in problems for the block as the communal areas may start to deteriorate where services remain unpaid b) if the tenants have an issue with the managing agents you will want to have all the details
How much is the ground rent and service charge?