Sample questions relating to Frenchay Common leasehold conveyancing
I would like to rent out my leasehold flat in Frenchay Common. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Some leases for properties in Frenchay Common do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.
There are only Seventy years left on my lease in Frenchay Common. I need to get lease extension but my landlord is absent. What are my options?
If 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 for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to prove that you or your lawyers have used your best endeavours to track down the lessor. In some cases a specialist should be helpful to try and locate and prepare an expert document which can be accepted by the court as evidence that the freeholder is indeed missing. It is wise to seek advice from a conveyancer in relation to devolving into the landlord’s absence and the vesting order request to the County Court overseeing Frenchay Common.
Looking forward to sign contracts shortly on a leasehold property in Frenchay Common. Conveyancing lawyers inform me that they report fully within the next couple of days. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Frenchay Common should include some of the following:
- The physical extent of the premises. This will be the apartment itself but may incorporate a loft or cellar if applicable.
I am tempted by the attractive purchase price for a couple of flats in Frenchay Common which have about forty five years remaining on the lease term. should I be concerned?
There are plenty of short leases in Frenchay Common. The lease is a right to use the premises for a prescribed time frame. As the lease shortens the marketability of the lease reduces and it becomes more costly to extend the lease. This is why it is advisable to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease because mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this area
All being well we will complete the disposal of our £400000 flat in Frenchay Common in 5 days. The landlords agents has quoted £324 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a flat conveyance in Frenchay Common?
Frenchay Common conveyancing on leasehold flats nine out of ten times involves administration charges raised by freeholders :
- Completing pre-exchange questions
- Where consent is required before sale in Frenchay Common
- Copies of the building insurance and schedule
- Deeds of covenant upon sale
- Registering of the assignment of the change of lessee after a sale
Frenchay Common Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing
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Generally speaking the cost for major works are not included within service charges, albeit that there some managing agents in Frenchay Common ask leaseholders to contribute towards a sinking fund created for the specific purpose of building a fund for larger works.
Does the lease have more than 90 years unexpired?
It is important to be aware if changing the roof or some other major work is due in the near future to be shared amongst the leasehold owners and will dramatically impact the level of the service costs or necessitate a specific payment.
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