Due to complete next month on a studio apartment in Rawdon and Yeadon. Conveyancing lawyers assured me that they will have a report out to me tomorrow. What should I be looking out for?

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

• Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, freeholder

I today plan to offer on a house that appears to be perfect, at a great price which is making it more attractive. I have subsequently found out that the title is leasehold rather than freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Rawdon and Yeadon. Conveyancing solicitors have are soon to be appointed. Will they explain the issues?

The majority of houses in Rawdon and Yeadon are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area can assist with the conveyancing process. We note that you are purchasing in Rawdon and Yeadon in which case you should be shopping around for a Rawdon and Yeadon conveyancing solicitor and be sure that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be at liberty to do whatever you want with the house. The lease will likely included provisions for example requiring the landlord’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the maintenance of the communal areas where the house is part of an estate. Your lawyer will advise you fully on all the issues.

My wife and I purchased a leasehold house in Rawdon and Yeadon. Conveyancing and Coventry Building Society mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in Rawdon and Yeadon who acted for me is not around.Any advice?

The first thing you should do is make enquiries of HMLR to be sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Rawdon and Yeadon conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Completion in due on the disposal of our £400000 maisonette in Rawdon and Yeadon in 10 days. The freeholder has quoted £336 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Rawdon and Yeadon?

Rawdon and Yeadon conveyancing on leasehold apartments usually necessitates the buyer’s solicitor sending questions for the landlord to address. Although the landlord is not legally bound to answer these enquiries the majority will be content to assist. They may levy a reasonable administration fee for responding to questions or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is £350, in some transactions it exceeds £800. The administration charge required by the landlord must be sent together with a summary of entitlements and obligations in respect of administration charges, otherwise the invoice is not strictly payable. Reality however dictates that one has little option but to pay whatever is requested of you if you want to exchange contracts with the buyer.

Are there frequently found problems that you witness in leases for Rawdon and Yeadon properties?

Leasehold conveyancing in Rawdon and Yeadon is not unique. Most leases is drafted differently and legal mistakes in the legal wording can sometimes mean that certain provisions are wrong. For example, if your lease is missing any of the following, it could be defective:

• A provision to repair to or maintain elements of the premises
• Insurance obligations
• Clauses dealing with recovering service charges for expenditure on the building or common parts.
• Service charge per centages that don't add up correctly leaving a shortfall

You could have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Santander, Bank of Scotland, and Godiva Mortgages Ltd all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the purchaser to withdraw.

Rawdon and Yeadon Leasehold Conveyancing - A selection of Queries before Purchasing

You should want to find out as much as possible concerning the managing agents as they can either make your living at the property much simpler or much more difficult. As the owner of a leasehold property you will be in the clutches of the managing agents both financially and when it comes to every day matters like the tidiness of the common parts. Ask other people what they think of them. Finally, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and precisely what it includes. The prefered form of lease arrangement is if the freehold interest is in the ownership of the leaseholders. In this scenario the lessees have being in charge if their destiny and although a managing agent is often employed if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Is the freehold owned jointly by the tenants?

Other Topics

Lease Extensions in Rawdon and Yeadon