Fixed-fee leasehold conveyancing in Fenny Stratford:

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Any conveyancing practice can theoretically deal with your leasehold conveyancing in Fenny Stratford, your mortgage provider may not be willing to work with them if the firm are not on their list of approved solicitors for conveyancing

Top Five Questions relating to Fenny Stratford leasehold conveyancing

I am in need of some leasehold conveyancing in Fenny Stratford. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.

If the lease is recorded at the land registry - and 99.9% are in Fenny Stratford - 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.

I am hoping to exchange soon on a leasehold property in Fenny Stratford. Conveyancing lawyers inform me that they will have a report out to me next week. What should I be looking out for?

The report on title for your leasehold conveyancing in Fenny Stratford should include some of the following:

  • The total extent of the premises. This will be the property itself but might incorporate a loft or basement if applicable.
  • Defining your rights in respect of common areas in the block.E.G., does the lease permit a right of way over a path or staircase?
  • You need to be told what counts as a Nuisance in the lease
  • An explanation as to the provision in the lease to pay service charges - with regard to both the building, and the more general rights a leaseholder has
  • Repair and maintenance of the flat
  • The landlord’s obligations to repair and maintain the building. It is important that you know who is responsible for the repair and maintenance of every part of the building
  • 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 Fenny Stratford please ask your lawyer in ahead of your conveyancing in Fenny Stratford

    • Estate agents have just been given the go-ahead to market my garden apartment in Fenny Stratford.Conveyancing is yet to be initiated but I have just received a half-yearly maintenance charge invoice – Do I pay up?

    The sensible thing to do is clear 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.

    My wife and I purchased a leasehold flat in Fenny Stratford. Conveyancing and Yorkshire Building Society mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Fenny Stratford who acted for me is not around.Any advice?

    First contact HMLR to make sure that the individual claiming to own the freehold is in fact the new freeholder. There is no need to instruct a Fenny Stratford conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, 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 Fenny Stratford from the point of view of expediting the sale process?

    • A significant proportion of the delay in leasehold conveyancing in Fenny Stratford can be bypassed where you appoint lawyers as soon as you market your property and ask them to put together the leasehold documentation which will be required by the purchasers’ representatives.
    • The majority freeholders or Management Companies in Fenny Stratford 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 frequent reason for frustration in leasehold conveyancing in Fenny Stratford.
  • In the event that you altered the property did you need the Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Fenny Stratford state that internal structural alterations or laying down wooden flooring necessitate a licence issued by the Landlord acquiescing to such changes. Where you fail to have the consents to hand do not communicate with the landlord without contacting your lawyer before hand.
  • If you have the benefit of shareholding in the Management Company, you should make sure that you are holding the original share document. Arranging a new share certificate can be a time consuming formality and frustrates many a Fenny Stratford home move. Where a duplicate share is needed, do contact the company officers or managing agents (where applicable) for this as soon as possible.
  • You believe that you know the number of years remaining on your lease but it would be wise to double-check by asking your conveyancers. A buyer’s conveyancer will not be happy to advise their client to to exchange contracts if the remaining number of years is below 80 years. It is therefore important at an as soon as possible that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.

    • Fenny Stratford Conveyancing for Leasehold Flats - A selection of Queries Prior to buying

      Is the freehold owned collectively by the tenants? Who manages the block? Does the lease include onerous restrictions?

    Other Topics

    Lease Extensions in Fenny Stratford