Experts for Leasehold Conveyancing in Pembroke Dock

Get a Quote

While any conveyancing solicitor can theoretically deal with your leasehold conveyancing in Pembroke Dock, your mortgage provider may unwilling to work with them if the firm are not on their list of approved solicitors for conveyancing

Pembroke Dock leasehold conveyancing Example Support Desk Enquiries

I am on look out for some leasehold conveyancing in Pembroke Dock. Before I set the wheels in motion I would like to find out the remaining lease term.

Assuming the lease is registered - and 99.9% are in Pembroke Dock - 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.

Expecting to complete next month on a basement flat in Pembroke Dock. Conveyancing solicitors have said that they will have a report out to me within the next couple of days. What should I be looking out for?

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

  • Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, landlord
  • Defining your rights in respect of common areas in the building.By way of example, does the lease grant a right of way over a path or staircase?
  • 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
  • Whether your lease has a provision for a reserve fund?
  • 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 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 the implications are if you breach a clause of your lease? For details of the information to be included in your report on your leasehold property in Pembroke Dock please ask your solicitor in ahead of your conveyancing in Pembroke Dock

    • I've found a house that seems to be perfect, at a great figure which is making it all the more appealing. I have since discovered that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a house with a leasehold title in Pembroke Dock. Conveyancing lawyers have not yet been appointed. Will they explain the issues?

    Most houses in Pembroke Dock are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area can help the conveyancing process. We note that you are buying in Pembroke Dock so you should seriously consider looking for a Pembroke Dock conveyancing solicitor and check that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as obtaining the landlord’spermission to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the communal areas where the house is located on an estate. Your conveyancer should report to you on the legal implications.

    Back In 2007, I bought a leasehold house in Pembroke Dock. Conveyancing and Lloyds TSB Bank mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Pembroke Dock who previously acted has now retired.Do I pay?

    First make enquiries of HMLR to make sure that the individual claiming to own the freehold is in fact the new freeholder. There is no need to instruct a Pembroke Dock conveyancing solicitor to do this as it can be done on-line for £3. Rest assured 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.

    Do you have any top tips for leasehold conveyancing in Pembroke Dock with the intention of expediting the sale process?

    • A significant proportion of the frustration in leasehold conveyancing in Pembroke Dock can be reduced if you instruct lawyers as soon as your agents start marketing the property and request that they start to collate the leasehold documentation needed by the purchasers’ lawyers.
    • Many landlords or Management Companies in Pembroke Dock levy fees for supplying management packs for a leasehold premises. You or your lawyers should discover the fee that they propose to charge. The management pack sought on or before finding a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most frequent cause of frustration in leasehold conveyancing in Pembroke Dock.
  • Some Pembroke Dock leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. The bank reference should make it clear that the buyer is able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their solicitors.
  • If there is a history of conflict with your landlord or managing agents it is essential that these are settled prior to the flat being marketed. The buyers and their solicitors will be concerned about purchasing a property where there is a current dispute. You will have to accept that you will have to discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the purchasers, but it is better to reveal the dispute as over rather than unsettled.
  • If you hold a share in a the Management Company, you should ensure that you hold the original share document. Obtaining a duplicate share certificate is often a lengthy process and frustrates many a Pembroke Dock 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.

    • Pembroke Dock Leasehold Conveyancing - A selection of Questions you should ask before buying

      It is important to be aware if fixing the lift or some other significant cost is anticipated to be shared between the leasehold owners and could well dramatically impact the level of the maintenance charges or result in a one time invoice. Be sure to enquire if there is anything that is prohibited in the lease. By way of example it is fairly common in Pembroke Dock leases that pets are not allowed in in a block in Pembroke Dock. If you like the flatin Pembroke Dock but your dog is not allowed to make the move with you then you have a very hard choice. What is the yearly maintenance fee and ground rent?

    Other Topics

    Lease Extensions in Pembroke Dock