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Leasehold conveyancing in Goring is more complex than freehold. Your home move will be smoother where you choose a lawyer with a wealth of experience of leasehold conveyancing in Goring and throughout next step up in loc. The lawyers we recommend have been approved by your lender so use our search tool to check.

Sample questions relating to Goring leasehold conveyancing

I own a leasehold flat in Goring. Conveyancing and Nationwide Building Society mortgage organised. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Goring who previously acted has now retired.What should I do?

The first thing you should do is make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is in fact the new freeholder. You do not need to incur the fees of a Goring conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note 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 a negotiator for a reputable estate agent office in Goring where we have witnessed a few flat sales derailed due to leases having less than 80 years remaining. I have received contradictory information from local Goring conveyancing solicitors. Can you confirm whether the seller of a flat can instigate the lease extension process 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 kick-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 prior to, or simultaneously with completion of the sale.

An alternative approach is 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 advice can you give us when it comes to finding a Goring conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a solicitor for lease extension works (regardless if they are a Goring conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you speak with several firms including non Goring conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. Some following of questions could be of use:

  • How experienced is the firm with lease extension legislation?
  • Can they put you in touch with client in Goring who can give a testimonial?

    • Do you have any top tips for leasehold conveyancing in Goring with the intention of saving time on the sale process?

    • A significant proportion of the delay in leasehold conveyancing in Goring can be avoided if you get in touch lawyers as soon as your agents start marketing the property and request that they start to collate the leasehold information needed by the buyers representatives.
    • The majority freeholders or Management Companies in Goring charge for supplying management packs for a leasehold premises. You or your lawyers should enquire as to the fee that they propose to charge. The management pack sought on or before finding a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Goring.
  • In the event that you altered the property did you need the Landlord’s consent? In particular have you laid down wooden flooring? Goring leases often stipulate that internal structural changes or addition of wooden flooring require a licence from the Landlord approving such alterations. Should you dont have the consents to hand do not communicate with the landlord without checking with your lawyer in advance.
  • Some Goring leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers obtain bank and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors.
  • If you are supposed to have a share in the freehold, you should make sure that you hold the original share certificate. Arranging a new share certificate is often a time consuming process and slows down many a Goring home move. If a reissued share is necessary, do contact the company officers or managing agents (if relevant) for this at the earliest opportunity.

    • We expect to complete the disposal of our £475000 apartment in Goring in just under a week. The managing agents has quoted £396 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Goring?

    Goring conveyancing on leasehold maisonettes more often than not requires the purchaser’s conveyancer sending questions for the landlord to address. Although the landlord is not legally bound to respond to these enquiries most will be content to assist. They are at liberty charge a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some cases it is above £800. The management information fee invoiced by the landlord must be sent together with a summary of rights and obligations in respect of administration fees, without which the invoice is technically not due. Reality however dictates that one has little option but to pay whatever is demanded if you want to sell the property.

    Goring Leasehold Conveyancing - Sample of Questions you should ask before buying

      This question is helpful as a) areas could result in problems for the block as the common areas may begin to deteriorate where maintenance are not paid for b) if the leaseholders have a dispute with the running of the building you will want to have all the details Generally speaking the cost for major works tend not to be incorporated into the maintenance charges, although some managing agents in Goring obliged leaseholders to contribute towards a sinking fund and this is used to offset against major repairs or maintenance. Be sure to find out if there is anything that is prohibited in the lease. By way of example it is reasonably common in Goring leases that pets are not permitted in in a block in Goring. If you love the propertyin Goring but your cat is not allowed to live with you then you will be presented with a difficult determination.

    Other Topics

    Lease Extensions in Goring