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Whether you are buying or selling leasehold flat in Penn and Ettingshall, our panel of leasehold conveyancing experts will help you move with as little stress as possible. Find a Penn and Ettingshall conveyancing lawyer with our search tool

Top Five Questions relating to Penn and Ettingshall leasehold conveyancing

I am on look out for some leasehold conveyancing in Penn and Ettingshall. Before diving in I require certainty as to the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and almost all are in Penn and Ettingshall - then the leasehold title will always include the basic details 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 62 years left on my lease in Penn and Ettingshall. I now wish to get lease extension but my landlord is absent. What options are available to me?

If you meet the appropriate requirements, 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 granted an extra 90 years by the magistrate. However, you will be required to prove that you or your lawyers have used your best endeavours to locate the landlord. On the whole an enquiry agent would be helpful to carry out a search and prepare an expert document which can be used as evidence that the landlord can not be located. It is wise to seek advice from a property lawyer in relation to proving the landlord’s absence and the application to the County Court covering Penn and Ettingshall.

Looking forward to complete next month on a garden flat in Penn and Ettingshall. Conveyancing solicitors inform me 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 Penn and Ettingshall should include some of the following:

  • The total extent of the property. This will be the apartment itself but may incorporate a roof space or cellar if appropriate.
  • Will you be prohibited or prevented from having pets in the property?
  • You should have a good understanding of the insurance provisions
  • Changes to the flat (alterations and additions)
  • 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.
  • What options are open to you if a neighbour is in violation of a provision in their lease? For a comprehensive list of information to be included in your report on your leasehold property in Penn and Ettingshall please enquire of your solicitor in advance of your conveyancing in Penn and Ettingshall

    • I am looking at a couple of apartments in Penn and Ettingshall which have approximately forty five years remaining on the leases. Will this present a problem?

    A lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease shortens the value of the lease deteriorate and results in it becoming more costly to acquire a lease extension. For this reason it is often a good idea to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease extension can be a difficult process. We recommend you get professional help from a conveyancer and surveyor with experience in this area

    What are your top tips when it comes to finding a Penn and Ettingshall conveyancing firm to deal with our lease extension?

    If you are instructing a conveyancer for lease extension works (regardless if they are a Penn and Ettingshall conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We advise that you speak with two or three firms including non Penn and Ettingshall conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions might be useful:

    • How familiar is the practice with lease extension legislation?
  • If they are not ALEP accredited then why not?

    • Leasehold Conveyancing in Penn and Ettingshall - A selection of Questions you should consider before buying

      Most Penn and Ettingshall leasehold flats will incur a service bill for the upkeep of the block levied on behalf of the management company. Should you purchase the flat you will have to pay this contribution, usually periodically accross the year. This could vary from a couple of hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge to be met yearly, this is usually not a significant amount, say around £50-£100 but you need to enquire as sometimes it could be many hundreds of pounds. The best form of lease structure is a share of the freehold. In this arrangement the lessees have control and notwithstanding that a managing agent is frequently employed where it is bigger than a house conversion, the managing agent retained by the leaseholders. The answer will be helpful as a) areas can result in problems for the block as the communal areas may begin to deteriorate where services are not paid for b) if the tenants have an issue with the managing agents you will wish to have all the details

    Other Topics

    Lease Extensions in Penn and Ettingshall