Fixed-fee leasehold conveyancing in Frenchay Common:

Get a Quote

Require a conveyancing quote from a solicitor for leasehold conveyancing in Frenchay Common on your lender’s panel? Use our search tool to find quality local Frenchay Common conveyancing lawyers or nationwide solicitors on your lender’s panel .

Frequently asked questions relating to Frenchay Common leasehold conveyancing

Planning to exchange soon on a basement flat in Frenchay Common. Conveyancing solicitors assured me that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?

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

  • The total extent of the property. This will be the flat itself but could also incorporate a roof space or cellar if applicable.
  • Does the lease prevent you from subletting the flat, or working from home
  • The landlord’s rights to access the flat you be made aware that your landlord has rights of access and I know how much notice s/he must provide.
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice?
  • 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
  • Responsibility for repairing the window frames
  • What options are open to you if a neighbour is in violation of a provision in their lease? For a comprehensive list of information to be included in your report on your leasehold property in Frenchay Common please enquire of your conveyancer in ahead of your conveyancing in Frenchay Common

    • My wife and I purchased a leasehold house in Frenchay Common. Conveyancing and Barnsley Building Society mortgage went though with no issue. 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 1995. The conveyancing solicitor in Frenchay Common who acted for me is not around.Any advice?

    First contact HMLR to make sure that this person is in fact the new freeholder. It is not necessary to instruct a Frenchay Common conveyancing practitioner to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    I am tempted by the attractive purchase price for a two apartments in Frenchay Common which have approximately fifty years remaining on the leases. Will this present a problem?

    There are plenty of short leases in Frenchay Common. The lease is a legal document that entitles you to use the premises for a period of time. As the lease gets shorter the value of the lease reduces and results in it becoming more expensive to acquire a lease extension. This is why it is advisable to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this arena

    Do you have any advice for leasehold conveyancing in Frenchay Common from the perspective of speeding up the sale process?

    • Much of the frustration in leasehold conveyancing in Frenchay Common can be bypassed where you get in touch lawyers as soon as you market your property and request that they start to collate the leasehold information needed by the buyers solicitors.
    • Many freeholders or managing agents in Frenchay Common levy fees for supplying management packs for a leasehold premises. You or your lawyers should discover the actual amount of the charges. The management information sought as soon as you have a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in Frenchay Common.
  • If you have carried out any alterations to the residence would they have required Landlord’s permission? Have you, for example installed wooden flooring? Frenchay Common leases often stipulate that internal structural changes or installing wooden flooring require a licence from the Landlord consenting to such changes. Should you dont have the paperwork in place you should not contact the landlord without contacting your solicitor first.
  • If you hold a share in a the freehold, you should make sure that you have the original share certificate. Arranging a duplicate share certificate can be a time consuming process and frustrates many a Frenchay Common conveyancing transaction. If a duplicate share is required, do contact the company officers or managing agents (if applicable) for this at the earliest opportunity.
  • You may think that you are aware of the number of years remaining on your lease but it would be wise to double-check via your lawyers. A purchaser's lawyer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the lease term is below 80 years. In the circumstances it is important at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale.

    • All being well we will complete our sale of a £275000 garden flat in Frenchay Common in 8 days. The landlords agents has quoted £372 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Frenchay Common?

    Frenchay Common conveyancing on leasehold apartments often requires the buyer’s conveyancer submitting enquiries for the landlord to address. Although the landlord is under no legal obligation to address these enquiries most will be willing to do so. They may levy a reasonable charge for answering questions or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is £350, in some cases it exceeds £800. The administration charge invoiced by the landlord must be accompanied by a summary of rights and obligations in relation to administration charges, otherwise the invoice is not strictly payable. In reality you have little option but to pay whatever is demanded should you wish to exchange contracts with the buyer.

    Leasehold Conveyancing in Frenchay Common - A selection of Questions you should consider Prior to buying

      For most Frenchay Common leaseholds the cost for major works are not wrapped into the maintenance charges, albeit that there some managing agents in Frenchay Common obliged leasehold owners to pay into a sinking fund created for the specific purpose of establishing a fund for major works. Please note that where the lease has less than 80 years it will have adverse implications on the marketability of the flat. Check with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will probably require a lease extension at some point and it is worth discovering what this would cost. For most Frenchay Commonlease extensions you will be be obliged to have owned the premises for a couple of years before you are legally able to carry out a lease extension. This question is important as a) areas can cause problems in the building as the communal areas may begin to deteriorate if services remain unpaid b) if the tenants have an issue with the managing agents you will wish to know about it

    Other Topics

    Lease Extensions in Frenchay Common