Leasehold Conveyancing in Saltney - Get a Quote from the leasehold experts approved by your lender

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Examples of recent questions relating to leasehold conveyancing in Saltney

I would like to let out my leasehold apartment in Saltney. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for their consent?

Even though your last Saltney conveyancing lawyer is not around you can check your lease to check if it allows you to sublet the apartment. The accepted inference is that if the deeds are non-specific, subletting is allowed. Quite often there is a prerequisite that you need to seek consent via your landlord or other appropriate person before subletting. The net result is you not allowed to sublet without prior permission. Such consent is not allowed to be unreasonably refused ore delayed. If your lease does not allow you to sublet you should ask your landlord if they are willing to waive this restriction.

Planning to sign contracts shortly on a studio apartment in Saltney. Conveyancing lawyers have said that they report fully tomorrow. What should I be looking out for?

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

  • Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, landlord
  • The total extent of the property. This will be the flat itself but may incorporate a roof space or cellar if appropriate.
  • Defining your rights in respect of common areas in the block.For instance, does the lease permit a right of way over an accessway or staircase?
  • Does the lease prohibit wood flooring?
  • Whether your lease has a provision for a reserve fund?
  • You should have a good understanding of the insurance provisions
  • What the implications are if you breach a clause of your lease? For details of the information to be included in your report on your leasehold property in Saltney please enquire of your conveyancer in advance of your conveyancing in Saltney

    • Estate agents have just been given the go-ahead to market my garden flat in Saltney.Conveyancing lawyers have not yet been instructed but I have just received a half-yearly service charge demand – what should I do?

    Your conveyancing lawyer is likely to suggest that you should 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 managing agents will not acknowledge the buyer unless 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. Having a clear account will assist your cause and will leave you no worse off financially.

    Last month I purchased a leasehold house in Saltney. Am I liable to pay service charges for periods before my ownership?

    Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

    If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

    Can you offer any advice when it comes to choosing a Saltney conveyancing firm to deal with our lease extension?

    When appointing a conveyancer for lease extension works (regardless if they are a Saltney conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We suggested that you speak with two or three firms including non Saltney conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions might be useful:

    • What volume of lease extensions have they carried out in Saltney in the last year?
  • What are the costs for lease extension conveyancing?

    • Saltney Leasehold Conveyancing - A selection of Questions you should ask before Purchasing

      Where a Saltney lease has no more than 80 years it will affect the value of the flat. Check with your lender that they are willing to to proceed given the lease term. A short lease means that you will probably need a lease extension sooner rather than later and it is worth finding out how much this will be. Remember, in most cases you would be be obliged to have owned the premises for 24 months in order to be entitled to extend the lease. This information is helpful as a) areas could result in problems in the block as the communal areas may begin to deteriorate where services remain unpaid b) if the tenants have an issue with the managing agents you will want to have all the details Does the lease have in excess of 85 years remaining?

    Other Topics

    Lease Extensions in Saltney