Guaranteed fixed fees for Leasehold Conveyancing in Redruth

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Frequently asked questions relating to Redruth leasehold conveyancing

Looking forward to exchange soon on a studio apartment in Redruth. 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?

The report on title for your leasehold conveyancing in Redruth should include some of the following:

  • You should be sent a copy of the lease
  • Does the lease prohibit wood flooring?
  • Whether the lease restricts you from letting 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 is subject to change
  • 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
  • Repair and maintenance of the flat
  • What you can do if a neighbour breach a clause of their lease? For details of the information to be contained in your report on your leasehold property in Redruth please enquire of your conveyancer in advance of your conveyancing in Redruth

    • I have just started marketing my garden apartment in Redruth.Conveyancing is yet to be initiated but I have just received a half-yearly maintenance charge invoice – Do I pay up?

    It best that you discharge the invoice as normal because all ground rent and service charges will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

    I today plan to offer on a house that appears to meet my requirements, at a reasonable price which is making it more attractive. I have subsequently been informed that it's a leasehold rather than freehold. I would have thought that there are particular concerns buying a leasehold house in Redruth. Conveyancing lawyers have are soon to be instructed. Will they explain the issues?

    Most houses in Redruth are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. It is clear that you are buying in Redruth so you should seriously consider looking for a Redruth conveyancing solicitor and check that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as requiring the landlord’sconsent to carry out changes to the property. It may be necessary to pay a service charge towards the maintenance of the estate where the house is part of an estate. Your conveyancer will report to you on the legal implications.

    My wife and I purchased a leasehold house in Redruth. Conveyancing and Barnsley Building Society mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Redruth who previously acted has long since retired.Any advice?

    The first thing you should do is make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. There is no need to instruct a Redruth conveyancing practitioner to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    I work for a busy estate agency in Redruth where we see a number of flat sales derailed as a result of leases having less than 80 years remaining. I have received inconsistent advice from local Redruth conveyancing solicitors. Can you shed some light as to whether the seller of a flat can start the lease extension process for the purchaser on completion of the sale?

    As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.

    An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

    Redruth Leasehold Conveyancing - Examples of Queries Prior to buying

      Be sure to find out if the the lease includes any adverse restrictions in the lease. For instance it is fairly common in Redruth leases that pets are not permitted in certain buildings in Redruth. If you like the propertyin Redruth but your cat is not allowed to live with you then you have a very difficult choice. Are any of leasehold owners in dispute over their service charge liability? How long is the Lease?

    Other Topics

    Lease Extensions in Redruth