Fixed-fee leasehold conveyancing in South Ruislip:

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Leasehold conveyancing in South Ruislip 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 South Ruislip and throughout next step up in loc. The lawyers we recommend have been approved by your lender so use our search tool to check.

Common questions relating to South Ruislip leasehold conveyancing

I am in need of some leasehold conveyancing in South Ruislip. Before I set the wheels in motion I would like to find out the remaining lease term.

If the lease is registered - and most are in South Ruislip - then the leasehold title will always include the basic details 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.

Due to complete next month on a basement flat in South Ruislip. Conveyancing solicitors assured me that they report fully tomorrow. What should I be looking out for?

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

  • The physical extent of the demise. This will be the apartment itself but could also include a loft or cellar if applicable.
  • Are pets allowed in the flat?
  • Does the lease prevent you from renting out the property, or having a home office for business
  • Whether your lease has a provision for a reserve fund?
  • Changes to the flat (alterations and additions)
  • Responsibility for repairing the window frames
  • What you can do if a neighbour breach a clause of their lease? For a comprehensive list of information to be contained in your report on your leasehold property in South Ruislip please enquire of your conveyancer in advance of your conveyancing in South Ruislip

    • I am looking at a couple of apartments in South Ruislip both have approximately fifty years unexpired on the leases. Should I regard a short lease as a deal breaker?

    There are plenty of short leases in South Ruislip. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease gets shorter the saleability of the lease deteriorate and it becomes more expensive to extend the lease. For this reason it is often a good idea to extend the lease term. More often than not it is difficulties arise selling premises with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We advise that you get professional help from a solicitor and surveyor with experience in this area

    What advice can you give us when it comes to appointing a South Ruislip conveyancing firm to deal with our lease extension?

    If you are instructing a conveyancer for lease extension works (regardless if they are a South Ruislip conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you make enquires with several firms including non South Ruislip conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions might be helpful:

    • How familiar is the practice with lease extension legislation?
  • If the firm is not ALEP accredited then why not?

    • I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a South Ruislip conveyancing firm to assist?

    Absolutely. We are happy to put you in touch with a South Ruislip conveyancing firm who can help.

    An example of a Lease Extension case for a South Ruislip premises is Flat 72 Queens Walk in January 2013. The Tribunals calculated the premium payable to be £22,090. This case affected 1 flat. The the unexpired term as at the valuation date was 53.26 years.

    What are the frequently found problems that you come across in leases for South Ruislip properties?

    There is nothing unique about leasehold conveyancing in South Ruislip. Most leases are unique and legal mistakes in the legal wording can result in certain sections are erroneous. 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

    You may encounter a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Santander, Chelsea Building Society, and Aldermore all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, forcing the purchaser to withdraw.

    Other Topics

    Lease Extensions in South Ruislip