Fixed-fee leasehold conveyancing in Surrey Quays:

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

Surrey Quays leasehold conveyancing Example Support Desk Enquiries

I am on look out for some leasehold conveyancing in Surrey Quays. Before diving in I want to be sure as to the unexpired term of the lease.

If the lease is registered - and most are in Surrey Quays - 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.

My wife and I purchased a leasehold house in Surrey Quays. Conveyancing and Alliance & Leicester mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Surrey Quays who acted for me is not around.Any advice?

First contact HMLR to be sure that this person is indeed the new freeholder. You do not need to incur the fees of a Surrey Quays conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note that in any event, even if this is the legitimate landlord, 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 Surrey Quays conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a conveyancer for your lease extension (regardless if they are a Surrey Quays conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of work. We advise that you speak with two or three firms including non Surrey Quays conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. Some following of questions could be of use:

  • How many lease extensions have they carried out in Surrey Quays in the last year?
  • What are the legal fees for lease extension conveyancing?

    • Can you provide any advice for leasehold conveyancing in Surrey Quays from the point of view of speeding up the sale process?

    • Much of the frustration in leasehold conveyancing in Surrey Quays can be avoided if you get in touch lawyers as soon as you market your property and request that they start to put together the leasehold documentation needed by the buyers representatives.
    • Many freeholders or Management Companies in Surrey Quays levy fees for providing management packs for a leasehold premises. You or your lawyers should enquire as to the fee that they propose to charge. The management information can be applied for on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most frequent cause of frustration in leasehold conveyancing in Surrey Quays.
  • In the event that you altered the property did you need the Landlord’s permission? Have you, for example installed wooden flooring? Surrey Quays leases often stipulate that internal structural changes or laying down wooden flooring calls for a licence issued by the Landlord consenting to such changes. Where you dont have the consents in place you should not communicate with the landlord without contacting your conveyancer in advance.
  • A minority of Surrey Quays leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. The bank reference will need to confirm that the buyers are able to meet 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 buyers or their solicitors.
  • If you have the benefit of shareholding in the freehold, you should ensure that you are holding the original share certificate. Organising a new share certificate is often a time consuming formality and delays many a Surrey Quays conveyancing deal. Where a reissued share is required, do contact the company director and secretary or managing agents (if applicable) for this as soon as possible.

    • Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £475000 garden flat in Surrey Quays next week. The management company has quoted £324 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Surrey Quays?

    Surrey Quays conveyancing on leasehold flats usually involves the buyer’s conveyancer submitting questions for the landlord to address. Although the landlord is not legally bound to answer such questions the majority will be content to assist. They are at liberty charge a reasonable charge for responding to enquiries or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some situations it is in excess of £800. The administration charge invoiced by the landlord must be accompanied by a summary of rights and obligations in respect of administration fees, otherwise the invoice is technically not due. Reality however dictates that you have no choice but to pay whatever is demanded should you wish to exchange contracts with the buyer.

    I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Surrey Quays conveyancing firm to represent me?

    Most definitely. We can put you in touch with a Surrey Quays conveyancing firm who can help.

    An example of a Freehold Enfranchisement matter before the tribunal for a Surrey Quays flat is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case was in relation to 3 flats. The unexpired lease term was 101.61 years.