Fixed-fee leasehold conveyancing in Princes Risborough:

Any conveyancing practice can theoretically deal with your leasehold conveyancing in Princes Risborough, your mortgage provider may unwilling to work with them if the firm are not on their list of approved solicitors for conveyancing

Princes Risborough leasehold conveyancing Example Support Desk Enquiries

I would like to let out my leasehold apartment in Princes Risborough. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?

Some leases for properties in Princes Risborough do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

I only have Seventy years unexpired on my lease in Princes Risborough. I am keen to extend my lease but my landlord is absent. What are my options?

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. You will be obliged to demonstrate that you have done all that could be expected to track down the lessor. For most situations a specialist would be useful to try and locate and prepare an expert document which can be used as evidence that the landlord is indeed missing. It is wise to seek advice from a conveyancer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court covering Princes Risborough.

I've found a house that seems to tick a lot of boxes, at a great price which is making it more attractive. I have just discovered that the title is leasehold rather than freehold. I would have thought that there are issues buying a house with a leasehold title in Princes Risborough. Conveyancing solicitors have are about to be instructed. Will they explain the issues?

The majority of houses in Princes Risborough are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. it is apparent that you are buying in Princes Risborough in which case you should be shopping around for a Princes Risborough conveyancing solicitor and check that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example requiring the landlord’sconsent to carry out alterations. It may be necessary to pay a service charge towards the maintenance of the estate where the property is part of an estate. Your conveyancer should appraise you on the various issues.

I own a leasehold flat in Princes Risborough. Conveyancing and Nottingham Building Society mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Princes Risborough who previously acted has long since retired.What should I do?

The first thing you should do is contact HMLR to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Princes Risborough conveyancing firm to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

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

If you are instructing a property lawyer for lease extension works (regardless if they are a Princes Risborough conveyancing firm) it is essential 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 Princes Risborough conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. Some following of questions could be of use:

  • Can they put you in touch with client in Princes Risborough who can give a testimonial?
  • What are the legal fees for lease extension work?

  • Leasehold Conveyancing in Princes Risborough - Examples of Questions you should ask Prior to buying

      On the whole the outlay for major works are not included within service charges, although some managing agents in Princes Risborough obliged leaseholders to contribute towards a reserve fund and this is used to offset against major works. Best to be warned if changing the roof or some other major work is coming up to be shared amongst the tenants and will dramatically increase the the maintenance costs or require a specific invoice. It would be wise to enquire if there is anything that is prohibited in the lease. For instance it is reasonably common in Princes Risborough leases that pets are not permitted in in a block in Princes Risborough. If you like the apartmentin Princes Risborough yet your cat is not allowed to make the move with you then you have a very hard compromise.

    Other Topics

    Lease Extensions in Princes Risborough