Quality lawyers for Leasehold Conveyancing in Primrose Hill

Leasehold conveyancing in Primrose Hill is more complex than freehold. Your home move will be smoother where you choose a lawyer with a wealth of experience of leasehold conveyancing in Primrose Hill and next step up in loc. The lawyers we recommend have been approved by your lender so use our search tool to check.

Recently asked questions relating to Primrose Hill leasehold conveyancing

Expecting to sign contracts shortly on a basement flat in Primrose Hill. Conveyancing lawyers assured me that they will have a report out to me next week. Are there areas in the report that I should be focusing on?

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

  • The total extent of the property. This will be the flat itself but may include a roof space or basement if appropriate.
  • Setting out your rights in relation to the communal areas in the building.By way of example, does the lease contain a right of way over an accessway or staircase?
  • Are pets allowed in the flat?
  • An explanation as to the provision in the lease to pay service charges - with regard to both the building, and the more general rights a leaseholder has
  • Repair and maintenance of the flat
  • 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.
  • 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 Primrose Hill please ask your solicitor in advance of your conveyancing in Primrose Hill

  • I own a leasehold flat in Primrose Hill. Conveyancing and Nationwide Building Society mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Primrose Hill who previously acted has now retired.Do I pay?

    The first thing you should do is contact the Land Registry to make sure that the individual purporting to own the freehold is indeed the new freeholder. There is no need to instruct a Primrose Hill conveyancing firm to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

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

    When appointing a property lawyer for lease extension works (regardless if they are a Primrose Hill conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with two or three firms including non Primrose Hill conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. Some following of questions might be of use:

    • How experienced is the firm with lease extension legislation?
  • What are the charges for lease extension conveyancing?

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

    • A significant proportion of the delay in leasehold conveyancing in Primrose Hill can be avoided where you get in touch lawyers as soon as you market your property and request that they start to collate the leasehold information needed by the purchasers’ solicitors.
    • Many landlords or managing agents in Primrose Hill levy fees for supplying management packs for a leasehold premises. You or your lawyers should find out the fee that they propose to charge. The management information sought on or before finding a buyer, thus accelerating the process. 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 Primrose Hill.
  • If you have carried out any alterations to the premises would they have required Landlord’s permission? In particular have you laid down wooden flooring? Most leases in Primrose Hill state that internal structural changes or addition of wooden flooring require a licence issued by the Landlord approving such changes. Should you fail to have the approvals to hand you should not contact the landlord without contacting your conveyancer before hand.
  • Some Primrose Hill leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers.
  • If you hold a share in a the Management Company, you should make sure that you are holding the original share document. Arranging a duplicate share certificate is often a lengthy process and slows down many a Primrose Hill conveyancing deal. If a reissued share certificate is required, do contact the company director and secretary or managing agents (if relevant) for this as soon as possible.

  • Having spent months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Primrose Hill. Can we issue an application to the Residential Property Tribunal Service?

    Most definitely. We are happy to put you in touch with a Primrose Hill conveyancing firm who can help.

    An example of a Lease Extension case for a Primrose Hill residence is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case was in relation to 1 flat. The the unexpired term as at the valuation date was 64.77 years.

    Are there common problems that you come across in leases for Primrose Hill properties?

    There is nothing unique about leasehold conveyancing in Primrose Hill. Most leases are individual and drafting errors can sometimes mean that certain provisions are not included. The following missing provisions could result in a defective lease:

    • A provision to repair to or maintain elements of the premises
    • A duty to insure the building
    • A provision for the recovery of money spent for the benefit of another party.
    • Maintenance charge proportions which don’t add up to the correct percentage

    A defective lease will likely cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Barclays , Leeds Building Society, and Aldermore all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, forcing the purchaser to withdraw.

    Other Topics

    Lease Extensions in Primrose Hill