Fixed-fee leasehold conveyancing in Grangetown:

Get a Quote

Leasehold conveyancing in Grangetown 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 Grangetown and next step up in loc. The lawyers we recommend have been approved by your lender so use our search tool to check.

Questions and Answers: Grangetown leasehold conveyancing

I only have 68 years remaining on my lease in Grangetown. I now wish to get lease extension but my freeholder is missing. What should I do?

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 mean that your lease can be lengthened by the Court. However, you will be required to demonstrate that you or your lawyers have used your best endeavours to locate the lessor. For most situations a specialist should be useful to try and locate and to produce a report which can be accepted by the court as evidence that the landlord can not be located. It is advisable to get professional help from a conveyancer both on proving the landlord’s disappearance and the vesting order request to the County Court covering Grangetown.

I have just appointed agents to market my 2 bed apartment in Grangetown.Conveyancing lawyers have not yet been instructed but I have just had a yearly maintenance charge demand – Do I pay up?

It best that you discharge 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 managing agents 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.

I've found a house that appears to be perfect, at a great figure which is making it more attractive. I have subsequently discovered that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Grangetown. Conveyancing solicitors have are about to be instructed. Will my lawyers set out the risks of buying a leasehold house in Grangetown ?

Most houses in Grangetown are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are purchasing in Grangetown so you should seriously consider looking for a Grangetown conveyancing solicitor and be sure that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as requiring the landlord’sconsent to conduct alterations. You may also be required to pay a contribution towards the maintenance of the communal areas where the house is part of an estate. Your conveyancer will appraise you on the various issues.

What are your top tips when it comes to finding a Grangetown conveyancing firm to deal with our lease extension?

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

  • If they are not ALEP accredited then why not?
  • What are the costs for lease extension conveyancing?

    • Can you provide any top tips for leasehold conveyancing in Grangetown from the perspective of speeding up the sale process?

    • A significant proportion of the frustration in leasehold conveyancing in Grangetown can be avoided where you appoint lawyers as soon as your agents start advertising the property and ask them to collate the leasehold information which will be required by the buyers solicitors.
    • If you have carried out any alterations to the premises would they have required Landlord’s consent? Have you, for example laid down wooden flooring? Most leases in Grangetown state that internal structural changes or addition of wooden flooring calls for a licence issued by the Landlord acquiescing to such works. Should you dont have the approvals to hand do not contact the landlord without checking with your lawyer in the first instance.
  • Some Grangetown leases require Licence to Assign from the landlord. If this applies to your lease, you should place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference should make it clear that the buyer is 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 purchasers or their lawyers.
  • If you hold a share in a the freehold, you should make sure that you are holding the original share certificate. Obtaining a re-issued share certificate can be a lengthy formality and delays many a Grangetown conveyancing deal. Where a duplicate share is needed, do contact the company director and secretary or managing agents (where applicable) for this as soon as possible.
  • You may think that you are aware of the number of years left on your lease but you should verify this via your solicitors. A buyer’s conveyancer will be unlikely to recommend their client to where the remaining number of years is less than 80 years. In the circumstances it is essential at an as soon as possible that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.

    • Grangetown Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing

      The prefered form of lease structure is if the freehold interest is owned by the leaseholders. In this scenario the lessees have control and even though a managing agent is frequently employed if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Are any of leasehold owners in arrears of their service charge payments? Are there any major works anticipated that will add a premium to the service charges?

    Other Topics

    Lease Extensions in Grangetown