Guaranteed fixed fees for Leasehold Conveyancing in Grove Park

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When it comes to leasehold conveyancing in Grove Park, you will need to instruct a conveyancing practitioner with leasehold experience. Whether your mortgage company is to be Halifax, Yorkshire Building Society or Nationwide be sure to find a lawyer on their approved list. Feel free to use our search tool

Frequently asked questions relating to Grove Park leasehold conveyancing

Having had my offer accepted I require leasehold conveyancing in Grove Park. Before I get started I would like to find out the unexpired term of the lease.

Assuming the lease is registered - and most are in Grove Park - 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.

Expecting to exchange soon on a garden flat in Grove Park. Conveyancing lawyers have said that they report fully next week. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Grove Park should include some of the following:

  • You should be sent a copy of the lease
  • The total extent of the demise. This will be the property itself but could also incorporate a loft or basement if appropriate.
  • Does the lease prohibit wood flooring?
  • Ground rent - how much and when you need to pay, and also know whether this will change in the future
  • Whether your lease has a provision for a reserve fund?
  • Changes to the flat (alterations and additions)
  • I don't know whether the lease allows me to alter or improve anything in the flat - you should know whether it applies to all alterations or just structural alteration, and whether consent is required For a comprehensive list of information to be included in your report on your leasehold property in Grove Park please ask your lawyer in advance of your conveyancing in Grove Park

    • What advice can you give us when it comes to finding a Grove Park conveyancing firm to deal with our lease extension?

    When appointing a property lawyer for your lease extension (regardless if they are a Grove Park conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with two or three firms including non Grove Park conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions might be of use:

    • If the firm is not ALEP accredited then why not?
  • What are the costs for lease extension work?

    • Do you have any top tips for leasehold conveyancing in Grove Park from the perspective of speeding up the sale process?

    • Much of the delay in leasehold conveyancing in Grove Park can be avoided if you instruct lawyers the minute you market your property and ask them to collate the leasehold information which will be required by the buyers representatives.
    • The majority landlords or Management Companies in Grove Park charge for providing management packs for a leasehold homes. You or your lawyers should discover the actual amount of the charges. The management pack sought as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Grove Park.
  • If you have carried out any alterations to the property would they have required Landlord’s approval? In particular have you installed wooden flooring? Grove Park leases often stipulate that internal structural changes or laying down wooden flooring require a licence from the Landlord consenting to such works. Where you dont have the approvals in place do not communicate with the landlord without checking with your solicitor before hand.
  • If you have had any disputes with your landlord or managing agents it is essential that these are resolved before the property is put on the market. The purchasers and their solicitors will be concerned about purchasing a property where a dispute is ongoing. You will have to accept that you will have to pay 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 ahead of 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 reveal the dispute as historic rather than unresolved.
  • You believe that you know the number of years remaining on your lease but you should verify this by asking your solicitors. A purchaser's conveyancer will not be happy to advise their client to proceed with the purchase of a leasehold property the lease term is below 80 years. It is therefore essential at an early stage that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale.

    • All being well we will complete the sale of our £325000 apartment in Grove Park next Friday . The landlords agents has quoted £360 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 Grove Park?

    Grove Park conveyancing on leasehold maisonettes more often than not involves the buyer’s lawyer sending enquiries for the landlord to answer. Although the landlord is not legally bound to respond to such questions most will be content to assist. They may invoice a reasonable charge for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is £350, in some situations it is above £800. The management information fee required by the landlord must be sent together with a synopsis of rights and obligations in respect of administration charges, without which the charge is not strictly payable. Reality however dictates that you have no option but to pay whatever is demanded if you want to complete the sale of your home.

    I have had difficulty in seeking a lease extension in Grove Park. Can this matter be resolved via the Leasehold Valuation Tribunal?

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

    An example of a Lease Extension matter before the tribunal for a Grove Park premises is 49 Woodstock Court Burnt Ash Hill in May 2012. the payment of £64,116 by the leaseholder was the premium which the Tribunal found due for the lease extension in this case. This case related to 1 flat. The the unexpired term as at the valuation date was 23.26 years.

    Other Topics

    Lease Extensions in Grove Park