Fixed-fee leasehold conveyancing in Hurst Green:

Get a Quote

Whether you are buying or selling leasehold flat in Hurst Green, our panel of leasehold conveyancing experts will help you move with as little stress as possible. Find a Hurst Green conveyancing lawyer with our search tool

Hurst Green leasehold conveyancing Example Support Desk Enquiries

Planning to complete next month on a ground floor flat in Hurst Green. Conveyancing solicitors assured me that they are sending me a report 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 Hurst Green should include some of the following:

  • How long the lease is You should be advised as what happens when the lease ends, and aware of the importance of the 80 year mark
  • The total extent of the premises. This will be the property itself but might include a loft or cellar if appropriate.
  • Does the lease prohibit wood flooring?
  • You should have a good understanding of the insurance provisions
  • Changes to the flat (alterations and additions)
  • The landlord’s rights to access the flat you be made aware that your landlord has rights of access and I know how much notice s/he must provide.
  • 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 a comprehensive list of information to be included in your report on your leasehold property in Hurst Green please ask your solicitor in advance of your conveyancing in Hurst Green

    • I've found a house that seems to meet my requirements, at a great price which is making it more attractive. I have just found out that the title is leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in Hurst Green. Conveyancing solicitors have not yet been instructed. Will they explain the issues?

    Most houses in Hurst Green are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area can help the conveyancing process. It is clear that you are buying in Hurst Green in which case you should be looking for a Hurst Green conveyancing solicitor and check that they have experience in advising on leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as obtaining the landlord’spermission to conduct changes to the property. It may be necessary to pay a maintenance charge towards the upkeep of the communal areas where the property is part of an estate. Your conveyancer should report to you on the legal implications.

    I am looking at a two flats in Hurst Green both have about fifty years unexpired on the leases. Will this present a problem?

    There are plenty of short leases in Hurst Green. The lease is a right to use the property for a prescribed time frame. As a lease gets shorter the value of the lease deteriorate and it becomes more costly to extend the lease. For this reason it is generally wise to increase the term of the lease. More often than not it is difficult to sell a property with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease extension can be a difficult process. We advise that you seek professional help from a conveyancer and surveyor with experience in this area

    Can you offer any advice when it comes to choosing a Hurst Green conveyancing firm to carry out our lease extension conveyancing?

    When appointing a property lawyer for lease extension works (regardless if they are a Hurst Green conveyancing firm) it is essential 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 Hurst Green conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. Some following of questions might be helpful:

    • How familiar is the firm with lease extension legislation?
  • What volume of lease extensions have they completed in Hurst Green in the last year?

    • In relation to leasehold conveyancing in Hurst Green what are the most common lease defects?

    Leasehold conveyancing in Hurst Green is not unique. All leases are unique and legal mistakes in the legal wording can sometimes mean that certain provisions are not included. For example, if your lease is missing any of the following, it could be defective:

    • Repairing obligations to or maintain elements of the premises
    • Insurance obligations
    • Clauses dealing with recovering service charges for expenditure on the building or common parts.
    • Service charge per centages that don't add up correctly leaving a shortfall

    You may encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Nationwide Building Society, Chelsea Building Society, and Clydesdale all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, obliging the buyer to pull out.

    Hurst Green Leasehold Conveyancing - A selection of Questions you should ask Prior to buying

      The prefered form of lease arrangement is a share of the freehold. In this situation the leaseholders benefit from being in charge if their destiny and notwithstanding that a managing agent is frequently employed where the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Where a Hurst Green lease has no more than eighty years it will have adverse implications on the value of the property. It is worth checking with your mortgage company that they are willing to lend given the lease term. A short lease means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering how much this would cost. For most Hurst Greenlease extensions you will be be obliged to have owned the property for two years before you are legally able to carry out a lease extension. How long is the Lease?

    Other Topics

    Lease Extensions in Hurst Green