Leasehold Conveyancing in St Paul's Cray - Get a Quote from the leasehold experts approved by your lender

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Whether you are buying or selling leasehold flat in St Paul's Cray, our panel of leasehold conveyancing experts will help you move with as little stress as possible. Find a St Paul's Cray conveyancing lawyer with our search tool

Sample questions relating to St Paul's Cray leasehold conveyancing

I am in need of some leasehold conveyancing in St Paul's Cray. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.

Assuming the lease is registered - and 99.9% are in St Paul's Cray - 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.

Expecting to sign contracts shortly on a ground floor flat in St Paul's Cray. Conveyancing solicitors 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 St Paul's Cray should include some of the following:

  • You should be sent a copy of the lease
  • Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, landlord
  • The physical extent of the property. This will be the flat itself but may incorporate a roof space or basement if appropriate.
  • You need to be told what counts as a Nuisance in the lease
  • You should have a good understanding of the insurance provisions
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice?
  • Responsibility for repairing the window frames For a comprehensive list of information to be contained in your report on your leasehold property in St Paul's Cray please ask your solicitor in ahead of your conveyancing in St Paul's Cray

    • I am attracted to a couple of maisonettes in St Paul's Cray which have approximately fifty years unexpired on the lease term. Do I need to be concerned?

    There are plenty of short leases in St Paul's Cray. The lease is a right to use the premises for a period of time. As the lease shortens the saleability of the lease deteriorate and it becomes more expensive to extend the lease. This is why it is often a good idea to increase the term of the lease. 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 assistance from a solicitor and surveyor with experience in this field

    Can you offer any advice when it comes to finding a St Paul's Cray conveyancing firm to carry out our lease extension conveyancing?

    If you are instructing a conveyancer for lease extension works (regardless if they are a St Paul's Cray conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you make enquires with two or three firms including non St Paul's Cray conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions could be of use:

    • Can they put you in touch with client in St Paul's Cray who can give a testimonial?
  • What are the charges for lease extension work?

    • I am the proprietor of a ground-floor 1950’s flat in St Paul's Cray. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?

    You certainly can. We can put you in touch with a St Paul's Cray conveyancing firm who can help.

    An example of a Lease Extension matter before the tribunal for a St Paul's Cray property is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired lease term was 50.57 years.

    Are there common deficiencies that you come across in leases for St Paul's Cray properties?

    There is nothing unique about leasehold conveyancing in St Paul's Cray. Most leases are individual and drafting errors can result in certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:

    • Repairing obligations to or maintain parts 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 issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Norwich and Peterborough Building Society, and TSB all have express conveyancing instructions 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 grant the mortgage, obliging the buyer to pull out.