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Top Five Questions relating to Enfield Lock leasehold conveyancing

I have recently realised that I have Sixty One years remaining on my lease in Enfield Lock. I need to get lease extension but my freeholder is can not be found. 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 enable the lease to be extended by the magistrate. You will be obliged to prove that you or your lawyers have done all that could be expected to track down the landlord. On the whole a specialist would be useful to try and locate and to produce a report to be used as evidence that the landlord can not be located. It is advisable to get professional help from a solicitor in relation to proving the landlord’s disappearance and the application to the County Court covering Enfield Lock.

I am hoping to complete next month on a leasehold property in Enfield Lock. Conveyancing solicitors assured me that they report fully next week. Are there areas in the report that I should be focusing on?

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

  • The length of the lease term You should be advised as what happens when the lease ends, and informed of the importance of the 80 year mark
  • The total extent of the premises. This will be the property itself but might incorporate a loft or cellar if appropriate.
  • You should be told what counts as a Nuisance in the lease
  • Ground rent - how much and when you need to pay, and also know whether this will change in the future
  • You should have a good understanding of the insurance provisions
  • 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.
  • Responsibility for repairing the window frames For a comprehensive list of information to be included in your report on your leasehold property in Enfield Lock please enquire of your solicitor in ahead of your conveyancing in Enfield Lock

    • I today plan to offer on a house that seems to tick a lot of boxes, at a reasonable price which is making it all the more appealing. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are issues buying a leasehold house in Enfield Lock. Conveyancing solicitors have are about to be instructed. Will my lawyers set out the implications of buying a leasehold house in Enfield Lock ?

    Most houses in Enfield Lock are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area can help the conveyancing process. We note that you are purchasing in Enfield Lock in which case you should be shopping around for a Enfield Lock conveyancing practitioner and check that they have experience in dealing with leasehold houses. First you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as requiring the landlord’sconsent to conduct alterations. You may also be required to pay a service charge towards the maintenance of the estate where the property is part of an estate. Your lawyer should appraise you on the various issues.

    What advice can you give us when it comes to finding a Enfield Lock conveyancing firm to carry out our lease extension conveyancing?

    When appointing a solicitor for your lease extension (regardless if they are a Enfield Lock conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with several firms including non Enfield Lock conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. Some following of questions could be useful:

    • Can they put you in touch with client in Enfield Lock who can give a testimonial?
  • What are the charges for lease extension conveyancing?

    • Can you provide any advice for leasehold conveyancing in Enfield Lock from the perspective of expediting the sale process?

    • A significant proportion of the frustration in leasehold conveyancing in Enfield Lock can be avoided where you get in touch lawyers as soon as you market your property and ask them to collate the leasehold information needed by the buyers conveyancers.
    • The majority landlords or managing agents in Enfield Lock charge for providing management packs for a leasehold homes. You or your lawyers should find out the fee that they propose to charge. The management pack can be applied for as soon as you have a buyer, thus accelerating the process. The average time it takes to obtain the necessary information is three weeks. It is the most common reason for delay in leasehold conveyancing in Enfield Lock.
  • If you have carried out any alterations to the property would they have required Landlord’s approval? In particular have you laid down wooden flooring? Most leases in Enfield Lock state that internal structural changes or addition of wooden flooring calls for a licence issued by the Landlord consenting to such works. Should you dont have the paperwork in place do not contact the landlord without checking with your solicitor in advance.
  • If you have had conflict with your landlord or managing agents it is essential that these are settled before the property is put on the market. The purchasers and their solicitors will be reluctant to purchase a flat where a dispute is unsettled. You will have to accept that you will have to discharge any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is clearly preferable to present the dispute as over as opposed to ongoing.
  • If you hold a share in a the Management Company, you should ensure that you are holding the original share certificate. Arranging a duplicate share certificate is often a lengthy process and slows down many a Enfield Lock home move. If a new share certificate is needed, you should approach the company officers or managing agents (where relevant) for this as soon as possible.

    • I am the leaseholder of a first flat in Enfield Lock. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount due for the purchase of the freehold?

    You certainly can. We can put you in touch with a Enfield Lock conveyancing firm who can help.

    An example of a Vesting Order and Purchase of freehold decision for a Enfield Lock property is Ground Floor Flat 4A Baronet Road in February 2010. Following a vesting order by Edmonton County Court on 23rd December 2008 (case number 8ED064) the Tribunal decided that the price that the Applicant for the freehold interest should pay is £8,689.00 This case related to 2 flats. The unexpired term was 80.01 years.