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Mossley leasehold conveyancing: Q and A’s

I am in need of some leasehold conveyancing in Mossley. Before I get started I would like to find out the number of years remaining on the lease.

If the lease is recorded at the land registry - and most 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 wish to sublet my leasehold flat in Mossley. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?

Your lease governs the relationship between the freeholder and you the leaseholder; in particular, it will set out if subletting is not allowed, or permitted but only subject to certain caveats. The rule is that if the lease contains no specific ban or restriction, subletting is permitted. The majority of leases in Mossley do not contain subletting altogether – such a provision would undoubtedly devalue the property. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly sending a duplicate of the tenancy agreement.

Looking forward to exchange soon on a studio apartment in Mossley. Conveyancing lawyers assured me that they will have a report out to me within the next couple of days. Are there areas in the report that I should be focusing on?

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

  • The length of the lease term You should be advised as what happens when the lease ends, and informed of the importance of not letting the lease term falling below eighty years
  • The physical extent of the property. This will be the apartment itself but might include a loft or cellar if appropriate.
  • Does the lease prohibit wood flooring?
  • 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
  • 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
  • Responsibility for repairing the window frames For details of the information to be contained in your report on your leasehold property in Mossley please ask your conveyancer in advance of your conveyancing in Mossley

  • I today plan to offer on a house that seems to meet my requirements, at a great figure which is making it all the more appealing. I have since discovered that it's a leasehold rather than freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Mossley. Conveyancing advisers have are about to be instructed. Will my lawyers set out the implications of buying a leasehold house in Mossley ?

    Most houses in Mossley are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Mossley so you should seriously consider looking for a Mossley conveyancing practitioner and be sure that they have experience in 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 at liberty to do whatever you want to the property. The lease comes with conditions for example obtaining the freeholder’spermission to conduct changes to the property. It may be necessary to pay a maintenance charge towards the upkeep of the communal areas where the property is part of an estate. Your lawyer will advise you fully on all the issues.

    I own a leasehold flat in Mossley. Conveyancing and Birmingham Midshires mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Mossley who previously acted has now retired.What should I do?

    First make enquiries of the Land Registry to be sure that this person is in fact the new freeholder. You do not need to incur the fees of a Mossley conveyancing practitioner to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    Leasehold Conveyancing in Mossley - Sample of Questions you should ask before Purchasing

      How many years are left on the lease? Generally speaking the cost for major works are not wrapped into the maintenance charges, although a few managing agents in Mossley ask leasehold owners to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance. It would be wise to investigate if the the lease contains any unreasonable restrictions in the lease. By way of example some leases prohibit pets being permitted in certain buildings in Mossley. If you like the flatin Mossley however your cat is not allowed to make the move with you then you will be presented with a hard decision.

    Other Topics

    Lease Extensions in Mossley