I am on look out for some leasehold conveyancing in Gwaelod Y Garth. Before I set the wheels in motion I require certainty as to the unexpired term of the lease.

If the lease is recorded at the land registry - and 99.9% are in Gwaelod Y Garth - then the leasehold title will always include the short particulars 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.

Due to sign contracts shortly on a basement flat in Gwaelod Y Garth. Conveyancing lawyers inform me that they report fully within the next couple of days. What should I be looking out for?

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

• The unexpired lease term You should be advised as what happens when the lease expires, and aware of the importance of not letting the lease term falling below eighty years

Back In 2002, I bought a leasehold house in Gwaelod Y Garth. Conveyancing and Virgin Money mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in Gwaelod Y Garth who previously acted has long since retired.Any advice?

First contact the Land Registry to be sure that the individual claiming to own the freehold is indeed the new freeholder. There is no need to incur the fees of a Gwaelod Y Garth conveyancing firm to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

What advice can you give us when it comes to choosing a Gwaelod Y Garth conveyancing firm to deal with our lease extension?

If you are instructing a solicitor for your lease extension (regardless if they are a Gwaelod Y Garth conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We suggested that you make enquires with two or three firms including non Gwaelod Y Garth conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. Some following of questions could be of use:

• How familiar is the firm with lease extension legislation?

We expect to complete our sale of a £325000 maisonette in Gwaelod Y Garth in just under a week. The management company has quoted £300 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Gwaelod Y Garth?

Gwaelod Y Garth conveyancing on leasehold apartments often involves the buyer’s solicitor submitting questions for the landlord to answer. Although the landlord is not legally bound to address such questions most will be content to do so. They are at liberty invoice a reasonable administration fee for answering enquiries or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is £350, in some situations it is above £800. The management information fee levied by the landlord must be sent together with a synopsis of rights and obligations in respect of administration charges, otherwise the invoice is not strictly payable. In reality one has little option but to pay whatever is requested of you if you want to exchange contracts with the buyer.

Gwaelod Y Garth Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to Purchasing

How much is the yearly maintenance fee and ground rent? What prohibitions exist in the Gwaelod Y Garth Lease? It would be sensible to investigate if the the lease contains any unreasonable restrictions in the lease. For instance it is fairly common in Gwaelod Y Garth leases that pets are not allowed in in a block in Gwaelod Y Garth. If you like the apartmentin Gwaelod Y Garth but your cat is not allowed to make the move with you then you will be presented with a hard compromise.

Other Topics

Lease Extensions in Gwaelod Y Garth