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Much Hadham leasehold conveyancing Example Support Desk Enquiries

I am on look out for some leasehold conveyancing in Much Hadham. Before diving in I would like to find out the remaining lease term.

If the lease is recorded at the land registry - and 99.9% are in Much Hadham - 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.

There are only 68 years unexpired on my flat in Much Hadham. I need to get lease extension but my landlord is absent. What options are available to me?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to find the lessor. For most situations a specialist would be helpful to try and locate and to produce a report which can be accepted by the court as evidence that the freeholder is indeed missing. It is wise to seek advice from a property lawyer both on proving the landlord’s disappearance and the application to the County Court overseeing Much Hadham.

I am hoping to exchange soon on a leasehold property in Much Hadham. Conveyancing lawyers assured me that they will have a report out to me on Monday. Are there areas in the report that I should be focusing on?

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

  • You should be sent a copy of the lease
  • Defining your legal entitlements in relation to the communal areas in the building.For instance, does the lease contain a right of way over an accessway or staircase?
  • Does the lease prevent you from letting out the property, or having a home office for business
  • You need to be told what counts as a Nuisance in the lease
  • Whether your lease has a provision for a sinking fund?
  • You should have a good understanding of the insurance provisions
  • What the implications are if you breach a clause of your lease? For a comprehensive list of information to be included in your report on your leasehold property in Much Hadham please ask your conveyancer in advance of your conveyancing in Much Hadham

    • Estate agents have just been given the go-ahead to market my garden apartment in Much Hadham.Conveyancing has not commenced but I have just had a yearly maintenance charge invoice – Do I pay up?

    The sensible thing to do is clear 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 unless 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.

    Can you provide any advice for leasehold conveyancing in Much Hadham from the perspective of speeding up the sale process?

    • Much of the frustration in leasehold conveyancing in Much Hadham can be bypassed if you get in touch lawyers as soon as you market your property and ask them to collate the leasehold documentation needed by the purchasers’ lawyers.
    • In the event that you altered the property did you need the Landlord’s approval? In particular have you laid down wooden flooring? Much Hadham leases often stipulate that internal structural changes or laying down wooden flooring necessitate a licence from the Landlord consenting to such works. If you dont have the paperwork in place you should not contact the landlord without checking with your solicitor in the first instance.
  • If there is a history of any disputes with your freeholder or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be nervous about purchasing a property where there is an ongoing dispute. You will have to accept that you will have to pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is clearly preferable to reveal the dispute as over as opposed to unsettled.
  • If you are supposed to have a share in the freehold, you should ensure that you have the original share certificate. Organising a replacement share certificate can be a time consuming formality and frustrates many a Much Hadham home move. Where a new share is needed, do contact the company director and secretary or managing agents (where applicable) for this sooner rather than later.
  • You may think that you are aware of the number of years remaining on your lease but it would be wise to verify this via your conveyancers. A buyer’s lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is under 75 years. In the circumstances it is important at an as soon as possible that you identify whether the lease term for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale.

    • Leasehold Conveyancing in Much Hadham - Examples of Queries Prior to Purchasing

      Most Much Hadham leasehold flats will be liable to pay a service charge for the upkeep of the block set on behalf of the management company. Where you purchase the property you will have to meet this contribution, usually in instalments throughout the year. This can be anything from a couple of hundred pounds to thousands of pounds for buildings with lifts and large common areas. There will also be a ground rent for you to pay yearly, this is usually not a significant amount, say around £25-£75 but you need to enquire as on occasion it could be many hundreds of pounds. It would be wise to find out as much as possible regarding the managing agents as they can either make your life much simpler or uncomfortable. As the owner of a leasehold property you will be at the mercy of the managing agents from a financial perspective and when it comes to practical issues such as the tidiness of the communal areas. You should not be shy to ask other tenants whether they are happy with their management. In conclusion, find out the dates that you are obliged pay the service charge to the relevant party and specifically how they are spending that money. Be sure to investigate if there is anything that is prohibited in the lease. By way of example some leases prohibit pets being permitted in in a block in Much Hadham. If you like the apartmentin Much Hadham however your dog can’t make the move with you then you have a very hard compromise.

    Other Topics

    Lease Extensions in Much Hadham