Nechells leasehold conveyancing: Q and A’s
I am on look out for some leasehold conveyancing in Nechells. Before diving in I would like to find out the unexpired term of the lease.
If the lease is registered - and 99.9% are in Nechells - 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.
Planning to exchange soon on a ground floor flat in Nechells. Conveyancing solicitors inform 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?
Your report on title for your leasehold conveyancing in Nechells should include some of the following:
- Are pets allowed in the flat?
I own a leasehold house in Nechells. Conveyancing and Platform Home Loans Ltd mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Nechells who acted for me is not around.Any advice?
The first thing you should do is make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is indeed the new freeholder. You do not need to instruct a Nechells conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Can you offer any advice when it comes to choosing a Nechells conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Nechells conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We suggested that you speak with two or three firms including non Nechells conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions might be of use:
- How familiar is the practice with lease extension legislation?
Do you have any top tips for leasehold conveyancing in Nechells from the perspective of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Nechells can be reduced if you appoint lawyers the minute you market your property and request that they start to put together the leasehold documentation which will be required by the purchasers’ representatives.
- If you have carried out any alterations to the property would they have required Landlord’s permission? Have you, for example laid down wooden flooring? Nechells leases often stipulate that internal structural changes or installing wooden flooring calls for a licence issued by the Landlord consenting to such alterations. If you fail to have the approvals to hand do not contact the landlord without contacting your conveyancer in the first instance.
Nechells Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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Is the freehold reversion owned jointly by the leaseholders?
This information is helpful as a) areas could cause problems in the building as the common areas may start to deteriorate if repairs remain unpaid b) if the tenants have a dispute with the managing agents you will want to have complete disclosure
It would be prudent to find out as much as you can about the managing agents as they will affect your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents from a financial perspective and when it comes to daily issues such as the cleanliness of the common parts. Ask prospective neighbours whether they are happy with them. Finally, investigate as to the dates that the maintenance fees are due to the managing agents and specifically what it includes.
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