Leasehold Conveyancing in Mossley - Get a Quote from the leasehold experts approved by your lender

When it comes to leasehold conveyancing in Mossley, you will need to chose a conveyancing practitioner with leasehold experience. Whether your lender is to be Halifax, Birmingham Midshires or Bradford & Bingley make sure you find a lawyer on their panel. Find a Mossley conveyancing lawyer with our search tool

Common questions relating to Mossley leasehold conveyancing

Having had my offer accepted I require leasehold conveyancing in Mossley. Before I get started I want to be sure as to the unexpired term of the lease.

Assuming the lease is registered - and almost all are in Mossley - 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 sublet my leasehold apartment in Mossley. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?

Some leases for properties in Mossley do contain a provision to say that subletting is only allowed with permission. The landlord cannot unreasonably refuse but, in such cases, they would need to review references. Experience dictates 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 permission.

What are your top tips when it comes to appointing a Mossley conveyancing practice to deal with our lease extension?

When appointing a property lawyer for lease extension works (regardless if they are a Mossley conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We suggested that you speak with two or three firms including non Mossley conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. Some following of questions could be useful:

  • If they are not ALEP accredited then why not?
  • Can they put you in touch with client in Mossley who can give a testimonial?

  • Can you provide any top tips for leasehold conveyancing in Mossley with the aim of saving time on the sale process?

    • A significant proportion of the delay in leasehold conveyancing in Mossley can be reduced where you appoint lawyers the minute you market your property and ask them to put together the leasehold documentation which will be required by the buyers lawyers.
    • The majority landlords or Management Companies in Mossley levy fees for supplying management packs for a leasehold property. You or your lawyers should enquire as to the fee that they propose to charge. The management information sought as soon as you have a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in Mossley.
  • A minority of Mossley leases require Licence to Assign from the landlord. 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. Any bank reference should make it clear that the buyer is financially capable of paying the annual 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 actual amount of the service charge so that they can pass this information on to the buyers or their solicitors.
  • If you have had any disputes with your freeholder or managing agents it is essential that these are resolved prior to the flat being put on the market. The purchasers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You will have to accept that you will have to discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the purchasers, but it is clearly preferable to present the dispute as over rather than ongoing.
  • If you have the benefit of shareholding in the Management Company, you should ensure that you hold the original share certificate. Organising a re-issued share certificate is often a lengthy formality and delays many a Mossley home move. If a reissued share certificate is needed, do contact the company director and secretary or managing agents (if applicable) for this sooner rather than later.

  • Completion in due on our sale of a £200000 flat in Mossley next week. The management company has quoted £348 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Mossley?

    Mossley conveyancing on leasehold flats usually requires the purchaser’s lawyer submitting enquiries for the landlord to address. Although the landlord is not legally bound to address these enquiries the majority will be content to assist. They may invoice a reasonable administration fee for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is £350, in some situations it is above £800. The management information fee demanded by the landlord must be accompanied by a summary of entitlements and obligations in respect of administration charges, otherwise the charge is technically not due. In reality you have no option but to pay whatever is demanded should you wish to complete the sale of your home.

    Leasehold Conveyancing in Mossley - Examples of Queries before Purchasing

      What is the length of the lease? Can you tell me if there are any major works in the near future that will likely increase the maintenance fees? It is important to be aware whether window replacement or some other significant cost is due in the near future that will be shared by the leaseholders and will dramatically impact the level of the service charges or require a one time invoice.

    Other Topics

    Lease Extensions in Mossley