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Leasehold conveyancing in Romiley is more complex than freehold. Your home move will be smoother where you choose a lawyer with a wealth of experience of leasehold conveyancing in Romiley and next step up in loc. The lawyers we recommend have been approved by your lender so use our search tool to check.

Romiley leasehold conveyancing Example Support Desk Enquiries

I have recently realised that I have Fifty years unexpired on my flat in Romiley. I am keen to extend my lease but my landlord is absent. What are my options?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply 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 used your best endeavours to track down the landlord. In some cases a specialist would be useful to carry out a search and to produce an expert document to be used as evidence that the freeholder is indeed missing. It is wise to seek advice from a property lawyer in relation to investigating the landlord’s absence and the application to the County Court covering Romiley.

I’m about to sell my 2 bed flat in Romiley.Conveyancing lawyers have not yet been instructed but I have just had a yearly service charge demand – what should I do?

It best that you pay 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 managing agents 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 seems to tick a lot of boxes, at a reasonable price which is making it all the more appealing. I have since been informed that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Romiley. Conveyancing solicitors have not yet been appointed. Will my lawyers set out the implications of buying a leasehold house in Romiley ?

The majority of houses in Romiley 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. it is apparent that you are buying in Romiley so you should seriously consider shopping around for a Romiley conveyancing solicitor and check that they have experience in advising on leasehold houses. First you will need to check the unexpired lease term. As a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as obtaining the freeholder’spermission to carry out alterations. You may also be required to pay a contribution towards the maintenance of the estate where the property is part of an estate. Your lawyer will advise you fully on all the issues.

What advice can you give us when it comes to appointing a Romiley conveyancing firm to deal with our lease extension?

When appointing a property lawyer for your lease extension (regardless if they are a Romiley conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We suggested that you talk with several firms including non Romiley conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. Some following of questions might be helpful:

  • How many lease extensions has the firm conducted in Romiley in the last year?
  • What are the costs for lease extension conveyancing?

    • Do you have any top tips for leasehold conveyancing in Romiley with the aim of speeding up the sale process?

    • Much of the delay in leasehold conveyancing in Romiley can be bypassed where you appoint lawyers the minute you market your property and request that they start to put together the leasehold documentation needed by the buyers conveyancers.
    • Many landlords or managing agents in Romiley charge for supplying management packs for a leasehold homes. You or your lawyers should discover the actual amount of the charges. The management information sought as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Romiley.
  • In the event that you altered the property did you need the Landlord’s consent? Have you, for example laid down wooden flooring? Romiley leases often stipulate that internal structural alterations or installing wooden flooring require a licence issued by the Landlord acquiescing to such changes. Should you fail to have the approvals in place you should not contact the landlord without checking with your solicitor in the first instance.
  • Some Romiley leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should notify your estate agents to make sure that the purchasers put in hand bank and professional references. The bank reference should make it clear that the buyer is financially capable of paying the annual 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 lawyers.
  • You believe that you know the number of years left on your lease but it would be advisable double-check by asking your lawyers. A buyer’s conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is below 75 years. In the circumstances it is important at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale.

    • Leasehold Conveyancing in Romiley - Examples of Queries before buying

      Most Romiley leasehold apartments will incur a service charge for maintenance of the block levied on behalf of the landlord. If you purchase the property you will have to meet this contribution, normally quarterly throughout the year. This can vary from several hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a ground rent for you to pay annual, this is usually not a large amount, say about £50-£100 but you should to enquire as on occasion it can be many hundreds of pounds. This question is helpful as a) areas may result in problems for the block as the communal areas may begin to deteriorate if services remain unpaid b) if the leaseholders have a dispute with the running of the building you will wish to know about it In the main the outlay for major works are not built into the maintenance charges, although a few managing agents in Romiley ask leasehold owners to pay into a sinking fund created for the specific purpose of establishing a fund for major repairs or maintenance.

    Other Topics

    Lease Extensions in Romiley