Experts for Leasehold Conveyancing in Leigh On Sea

When it comes to leasehold conveyancing in Leigh On Sea, you will need to instruct a conveyancing practitioner with leasehold experience. Whether your mortgage company is to be Halifax, RBS or Nationwide make sure you find a lawyer on their panel. Find a Leigh On Sea conveyancing lawyer with our search tool

Common questions relating to Leigh On Sea leasehold conveyancing

Due to exchange soon on a basement flat in Leigh On Sea. Conveyancing lawyers inform me that they are sending me a report next week. What should I be looking out for?

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

  • The total extent of the property. This will be the flat itself but might incorporate a roof space or basement if appropriate.
  • Does the lease prevent you from subletting the flat, or working from home
  • Whether your lease has a provision for a sinking fund?
  • 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.
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice?
  • What you can do if a neighbour is in violation of a provision in their lease?
  • What the implications are if you breach a clause of your lease? For a comprehensive list of information to be included in your report on your leasehold property in Leigh On Sea please enquire of your solicitor in advance of your conveyancing in Leigh On Sea

  • Estate agents have just been given the go-ahead to market my garden flat in Leigh On Sea.Conveyancing is yet to be initiated but I have just received a yearly service charge demand – Do I pay up?

    Your conveyancing lawyer is likely to suggest that you should clear 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 until 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. This will smooth the conveyancing process.

    My wife and I purchased a leasehold house in Leigh On Sea. Conveyancing and Coventry Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Leigh On Sea who previously acted has long since retired.What should I do?

    First contact HMLR to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Leigh On Sea conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    I am employed by a reputable estate agent office in Leigh On Sea where we have witnessed a number of leasehold sales derailed as a result of short leases. I have been given contradictory information from local Leigh On Sea conveyancing firms. Can you confirm whether the seller of a flat can commence the lease extension process for the buyer?

    As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence 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 sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the disposal of the property.

    Alternatively, it may be possible 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 purchaser.

    All being well we will complete the sale of our £300000 flat in Leigh On Sea in just under a week. The management company has quoted £348 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Leigh On Sea?

    Leigh On Sea conveyancing on leasehold apartments usually requires the buyer’s solicitor submitting questions for the landlord to answer. Although the landlord is under no legal obligation to address such questions most will be willing to do so. They are at liberty levy a reasonable charge for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The administration charge invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in relation to administration fees, otherwise the charge 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.

    Leigh On Sea Leasehold Conveyancing - Examples of Questions you should ask Prior to buying

      Are there any major works on the horizon that will increase the service charges? Plenty Leigh On Sea leasehold flats will have a service charge for maintenance of the building invoiced on behalf of the management company. Should you acquire the property you will have to meet this liability, normally in instalments throughout the year. This can differ from a few hundred pounds to thousands of pounds for blocks with lifts and large common areas. There will also be a rentcharge to be met annual, this is usually not a significant amount, say about £25-£75 but you should to check as sometimes it can be many hundreds of pounds. For many Leigh On Sea leaseholds the outlay for major works are not included within service charges, although some managing agents in Leigh On Sea require leasehold owners to pay into a sinking fund created for the specific intention of building a fund for major works.

    Other Topics

    Lease Extensions in Leigh On Sea