Fixed-fee leasehold conveyancing in Lower Earley:

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When it comes to leasehold conveyancing in Lower Earley, you will need to appoint a conveyancing practitioner with leasehold experience. Whether your lender is to be Santander, RBS or Nationwide make sure you find a lawyer on their approved list. Feel free to use our search tool

Lower Earley leasehold conveyancing Example Support Desk Enquiries

I am hoping to complete next month on a leasehold property in Lower Earley. Conveyancing lawyers have said that they report fully next week. What should I be looking out for?

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

  • The total extent of the demise. This will be the flat itself but could also include a loft or cellar if applicable.
  • Defining your legal entitlements in relation to common areas in the building.For instance, does the lease contain a right of way over a path or staircase?
  • Are you allowed to have a pet in the flat?
  • Does the lease prevent you from renting out the flat, or having a home office for business
  • 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
  • Responsibility for repairing the window frames
  • What you can do if a neighbour breach a clause of their lease? For details of the information to be contained in your report on your leasehold property in Lower Earley please enquire of your lawyer in advance of your conveyancing in Lower Earley

    • I have just started marketing my ground floor apartment in Lower Earley.Conveyancing has not commenced but I have just received a quarterly service charge demand – Do I pay up?

    It best that you pay the service charge as normal because all ground rent and service charges will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

    I've found a house that appears to be perfect, at a great figure which is making it more attractive. I have subsequently been informed that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Lower Earley. Conveyancing solicitors have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Lower Earley ?

    Most houses in Lower Earley are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area can help the conveyancing process. We note that you are buying in Lower Earley so you should seriously consider shopping around for a Lower Earley conveyancing solicitor and be sure that they have experience in advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as obtaining the landlord’spermission to carry out alterations. You may also be required to pay a contribution towards the upkeep of the estate where the house is part of an estate. Your solicitor will advise you fully on all the issues.

    I've recently bought a leasehold property in Lower Earley. Am I liable to pay service charges for periods before my ownership?

    Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

    If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

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

    When appointing a conveyancer for lease extension works (regardless if they are a Lower Earley 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 talk with several firms including non Lower Earley conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. Some following of questions could be useful:

    • How familiar is the practice with lease extension legislation?
  • How many lease extensions has the firm conducted in Lower Earley in the last year?

    • Leasehold Conveyancing in Lower Earley - Sample of Questions you should consider Prior to buying

      How long is the Lease? In the main the outlay for major works are not included within service charges, although a few managing agents in Lower Earley ask leasehold owners to contribute towards a reserve fund created for the specific intention of establishing a fund for larger repairs or maintenance. Are there any major works anticipated that will likely increase the service fees?

    Other Topics

    Lease Extensions in Lower Earley