I am in need of some leasehold conveyancing in Mitcheldean. Before diving in I want to be sure as to the number of years remaining on the lease.

If the lease is recorded at the land registry - and most are in Mitcheldean - 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.

I am intending to rent out my leasehold flat in Mitcheldean. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?

A small minority of properties in Mitcheldean do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

Expecting to complete next month on a basement flat in Mitcheldean. Conveyancing solicitors assured me that they report fully on Monday. Are there areas in the report that I should be focusing on?

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

• Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, freeholder

Does the lease prohibit wood flooring?

You need to be told what constitutes a Nuisance in the lease

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

I don't know whether the lease allows me to alter or improve anything in the flat - you should know whether it applies to all alterations or just structural alteration, and whether consent is required

The landlord’s obligations to repair and maintain the building. It is important that you know who is responsible for the repair and maintenance of every part of the building For details of the information to be included in your report on your leasehold property in Mitcheldean please ask your solicitor in advance of your conveyancing in Mitcheldean

I've found a house that appears to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have subsequently discovered that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Mitcheldean. Conveyancing lawyers have not yet been appointed. Will they explain the issues?

The majority of houses in Mitcheldean are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Mitcheldean in which case you should be looking for a Mitcheldean conveyancing solicitor and check that they are used to advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as obtaining the landlord’sconsent to carry out alterations. You may also be required to pay a contribution towards the maintenance of the estate where the property is part of an estate. Your solicitor will appraise you on the various issues.

Completion in due on our sale of a £325000 garden flat in Mitcheldean in 8 days. The management company has quoted £348 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Mitcheldean?

Mitcheldean conveyancing on leasehold flats typically results in fees being invoiced by managing agents :

• Answering conveyancing due diligence questions
• Where consent is required before sale in Mitcheldean
• Supplying insurance information
• Deeds of covenant upon sale
• Registering of the assignment of the change of lessee after a sale

Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Mitcheldean leasehold premises is £350. For Mitcheldean conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply the information.

Mitcheldean Leasehold Conveyancing - Examples of Queries Prior to buying

It is important to be aware whether a new roof is being put on or some other significant cost is due shortly to be shared between the tenants and could well dramatically impact the level of the maintenance fees or require a one time payment. Does the lease have onerous restrictions? Please note that where the lease has fewer than eighty years it will impact the value of the property. It is worth checking with your lender that they are happy with the length of the lease. A short lease means that you will probably need a lease extension sooner rather than later and you need to have some idea of how much this will be. For most Mitcheldeanlease extensions you will be be obliged to have been the owner of the residence for 24 months before you are entitled to carry out a lease extension.

Other Topics

Lease Extensions in Mitcheldean