Fixed-fee leasehold conveyancing in Paignton:

When it comes to leasehold conveyancing in Paignton, you will need to instruct a conveyancing lawyer with leasehold experience. Whether your lender is to be Halifax, RBS or Nationwide be sure to find a lawyer on their panel. Feel free to use our search tool

Sample questions relating to Paignton leasehold conveyancing

Planning to exchange soon on a ground floor flat in Paignton. Conveyancing solicitors inform me that they will have a report out to me on Monday. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Paignton should include some of the following:

  • You should receive a copy of the lease
  • Defining your legal entitlements in respect of the communal areas in the building.E.G., does the lease grant a right of way over an accessway or hallways?
  • Does the lease prohibit wood flooring?
  • Does the lease prevent you from renting out the property, or having a home office for business
  • Ground rent - how much and when you need to pay, and also know whether this will change in the future
  • 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
  • What options are open to you if a neighbour breach a clause of their lease? For details of the information to be included in your report on your leasehold property in Paignton please ask your lawyer in advance of your conveyancing in Paignton

  • Back In 2000, I bought a leasehold flat in Paignton. Conveyancing and Leeds Building Society mortgage organised. I have received a letter from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Paignton who acted for me is not around.What should I do?

    First contact the Land Registry to be sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. There is no need to instruct a Paignton conveyancing firm to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

    Last month I purchased a leasehold property in Paignton. Do I have any liability for service charges for periods before completion of my purchase?

    In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

    If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

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

    If you are instructing a property lawyer for your lease extension (regardless if they are a Paignton conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you talk with several firms including non Paignton conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. Some following of questions might be helpful:

    • If the firm is not ALEP accredited then why not?
  • Can they put you in touch with client in Paignton who can give a testimonial?

  • Do you have any advice for leasehold conveyancing in Paignton from the point of view of expediting the sale process?

    • Much of the delay in leasehold conveyancing in Paignton can be bypassed if you appoint lawyers as soon as your agents start advertising the property and ask them to put together the leasehold documentation which will be required by the purchasers’ solicitors.
    • The majority freeholders or managing agents in Paignton charge for supplying management packs for a leasehold premises. You or your lawyers should find out the actual amount of the charges. The management information can be applied for on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in Paignton.
  • In the event that you altered the property did you need the Landlord’s consent? In particular have you laid down wooden flooring? Paignton leases often stipulate that internal structural alterations or laying down wooden flooring calls for a licence from the Landlord approving such changes. Where you fail to have the approvals to hand you should not contact the landlord without checking with your solicitor first.
  • If you have the benefit of shareholding in the freehold, you should make sure that you are holding the original share certificate. Organising a duplicate share certificate can be a lengthy formality and delays many a Paignton home move. Where a reissued share certificate is necessary, you should approach 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 double-check via your conveyancers. A purchaser's conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is less than 80 years. In the circumstances it is important at an as soon as possible that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale.

  • Paignton Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to Purchasing

      Is there a share of the freehold? Please inform me if there are any major works anticipated that will increase the maintenance costs? What is the annual maintenance fee and ground rent?

    Other Topics

    Lease Extensions in Paignton