Fixed-fee leasehold conveyancing in Greenhithe:

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When it comes to leasehold conveyancing in Greenhithe, you will need to appoint a conveyancing practitioner with leasehold experience. Whether your lender is to be Lloyds, Birmingham Midshires or Nationwide make sure you find a lawyer on their approved list. Find a Greenhithe conveyancing lawyer with our search tool

Common questions relating to Greenhithe leasehold conveyancing

I am in need of some leasehold conveyancing in Greenhithe. Before I get started I would like to find out the number of years remaining on the lease.

Assuming the lease is registered - and almost all are in Greenhithe - 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.

Looking forward to complete next month on a basement flat in Greenhithe. Conveyancing solicitors inform me that they report fully tomorrow. Are there areas in the report that I should be focusing on?

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

  • The unexpired lease term You should be advised as what happens when the lease expires, and informed of the importance of not letting the lease term falling below eighty years
  • Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, landlord
  • The physical extent of the property. This will be the flat itself but could also include a roof space or cellar if appropriate.
  • Are pets allowed in the flat?
  • Whether the lease restricts you from subletting the property, or working from home
  • 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 For details of the information to be included in your report on your leasehold property in Greenhithe please enquire of your solicitor in advance of your conveyancing in Greenhithe

    • I am attracted to a two maisonettes in Greenhithe both have in the region of forty five years left on the lease term. should I be concerned?

    A lease is a right to use the property for a prescribed time frame. As a lease shortens the value of the lease decreases and it becomes more expensive to extend the lease. For this reason it is generally wise 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 such properties. Lease extension can be a protracted process. We recommend you seek professional assistance from a solicitor and surveyor with experience in this area

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

    If you are instructing a conveyancer for your lease extension (regardless if they are a Greenhithe conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Greenhithe conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. Some following of questions might be of use:

    • How experienced is the firm with lease extension legislation?
  • What volume of lease extensions have they completed in Greenhithe in the last 12 months?

    • I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Greenhithe conveyancing firm to represent me?

    Most certainly. We are happy to put you in touch with a Greenhithe conveyancing firm who can help.

    An example of a Lease Extension matter before the tribunal for a Greenhithe flat is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The unexpired lease term was 76 years.

    In relation to leasehold conveyancing in Greenhithe what are the most common lease problems?

    There is nothing unique about leasehold conveyancing in Greenhithe. All leases are unique and legal mistakes in the legal wording can result in certain provisions are missing. The following missing provisions could result in a defective lease:

    • Repairing obligations to or maintain parts of the property
    • A duty to insure the building
    • A provision for the recovery of money spent for the benefit of another party.
    • Maintenance charge proportions which don’t add up to the correct percentage

    A defective lease will likely cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Halifax, Coventry Building Society, and Aldermore all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, forcing the purchaser to withdraw.

    Other Topics

    Lease Extensions in Greenhithe