There are only 72 years remaining on my lease in Mynydd Isa. I now want to get lease extension but my freeholder is missing. What options are available to me?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to find the landlord. For most situations a specialist would be useful to conduct investigations and to produce a report which can be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a conveyancer both on proving the landlord’s disappearance and the application to the County Court overseeing Mynydd Isa.

Expecting to exchange soon on a studio apartment in Mynydd Isa. Conveyancing solicitors have said that they will have a report out to me next week. Are there areas in the report that I should be focusing on?

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

• The physical extent of the demise. This will be the flat itself but might include a roof space or cellar if applicable.

Are pets allowed in the flat?

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 rights to access the flat you be made aware that your landlord has rights of access and I know how much notice s/he must provide.

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 a comprehensive list of information to be contained in your report on your leasehold property in Mynydd Isa please ask your conveyancer in advance of your conveyancing in Mynydd Isa

What advice can you give us when it comes to finding a Mynydd Isa conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a property lawyer for your lease extension (regardless if they are a Mynydd Isa conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you make enquires with several firms including non Mynydd Isa conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. Some following of questions could be helpful:

• What volume of lease extensions has the firm completed in Mynydd Isa in the last 12 months?

Can they put you in touch with client in Mynydd Isa who can give a testimonial?

Do you have any advice for leasehold conveyancing in Mynydd Isa with the intention of expediting the sale process?

• Much of the delay in leasehold conveyancing in Mynydd Isa can be reduced where you instruct lawyers the minute your agents start advertising the property and ask them to collate the leasehold documentation which will be required by the purchasers’ representatives.
• Many landlords or managing agents in Mynydd Isa levy fees for supplying management packs for a leasehold property. You or your lawyers should find out the actual amount of the charges. The management pack 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 usual reason for frustration in leasehold conveyancing in Mynydd Isa.

In the event that you altered the property did you need the Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Mynydd Isa state that internal structural alterations or installing wooden flooring necessitate a licence from the Landlord acquiescing to such changes. Should you dont have the approvals to hand you should not communicate with the landlord without checking with your conveyancer in the first instance.

If you are supposed to have a share in the Management Company, you should make sure that you hold the original share document. Arranging a duplicate share certificate is often a time consuming formality and frustrates many a Mynydd Isa home move. Where a reissued share certificate is required, you should approach the company officers or managing agents (if applicable) for this as soon as possible.

You may think that you are aware of the number of years remaining on your lease but it would be wise to verify this by asking your lawyers. A buyer’s lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is less than 75 years. In the circumstances it is important at an early stage that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale.

Completion in due on the sale of our £350000 maisonette in Mynydd Isa on Wednesday in a week. The management company has quoted £420 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Mynydd Isa?

Mynydd Isa conveyancing on leasehold flats typically involves fees being raised by management companies :

• Answering pre-exchange enquiries
• Where consent is required before sale in Mynydd Isa
• Supplying insurance information
• Deeds of covenant upon sale
• Registering of the assignment of the change of lessee after a sale

Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Mynydd Isa leasehold property is £350. For Mynydd Isa 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 required to supply the information.

Mynydd Isa Leasehold Conveyancing - Examples of Questions you should consider before Purchasing

If a Mynydd Isa lease has no more than eighty years it will have adverse implications on the marketability of the apartment. Check with your bank that they are happy with remaining years on the lease. Leases with less than 80 years remaining means that you will most likely need a lease extension sooner rather than later and you need to have some idea of how much this would cost. For most Mynydd Isalease extensions you will need to own the premises for two years in order to be legally able to exercise a lease extension. It would be wise to find out if there are any onerous prohibitions in the lease. For example it is reasonably common in Mynydd Isa leases that pets are not permitted in in a block in Mynydd Isa. If you love the flatin Mynydd Isa yet your dog can’t make the move with you then you have a very hard determination. It is important to be aware whether fixing the lift or some other significant cost is anticipated that will be shared between the tenants and will dramatically increase the the service costs or require a one off payment.

Other Topics

Lease Extensions in Mynydd Isa