Fixed-fee leasehold conveyancing in Sonning Common:

Any conveyancing practice can theoretically handle your leasehold conveyancing in Sonning Common, your mortgage provider may not be willing to work with them if the firm are not on their list of approved solicitors for conveyancing

Common questions relating to Sonning Common leasehold conveyancing

I am in need of some leasehold conveyancing in Sonning Common. Before diving in I require certainty as to the remaining lease term.

Assuming the lease is registered - and almost all are in Sonning Common - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title.For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

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

Even though your previous Sonning Common conveyancing solicitor is not available you can check your lease to see if you are permitted to let out the premises. The accepted inference is that if the deeds are silent, subletting is permitted. Quite often there is a prerequisite that you must seek permission from your landlord or some other party before subletting. The net result is you not allowed to sublet in the absence of prior permission. The consent must not not be unreasonably turned down. If the lease does not allow you to sublet you will need to ask your landlord for their consent.

Looking forward to complete next month on a garden flat in Sonning Common. Conveyancing lawyers have said that they report fully next week. What should I be looking out for?

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

  • You should be sent a copy of the lease
  • How long the lease is You should be advised as what happens when the lease expires, and informed of the importance of not letting the lease term falling below eighty years
  • 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
  • Changes to the flat (alterations and additions)
  • The landlord’s rights to access the flat you be made aware that your landlord has rights of access and I know how much notice s/he must provide.
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice?
  • What options are open to you if a neighbour breach a clause of their lease? For a comprehensive list of information to be included in your report on your leasehold property in Sonning Common please enquire of your lawyer in ahead of your conveyancing in Sonning Common

  • I am tempted by the attractive purchase price for a two flats in Sonning Common both have about fifty years remaining on the lease term. Do I need to be concerned?

    A lease is a legal document that entitles you to use the property for a period of time. As a lease shortens the value of the lease deteriorate and results in it becoming more expensive to extend the lease. For this reason it is advisable to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage lenders may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you get professional help from a solicitor and surveyor with experience in this field

    We expect to complete our sale of a £500000 apartment in Sonning Common in just under a week. The management company has quoted £336 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Sonning Common?

    Sonning Common conveyancing on leasehold maisonettes typically results in fees being levied by freeholders :

    • Addressing conveyancing due diligence questions
    • Where consent is required before sale in Sonning Common
    • Copies of the building insurance and schedule
    • Deeds of covenant upon sale
    • Registering of the assignment of the change of lessee after a sale
    Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Sonning Common leasehold property is £350. For Sonning Common conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply answers.

    Leasehold Conveyancing in Sonning Common - A selection of Queries Prior to Purchasing

      In the main the cost for major works are not built into the maintenance charges, albeit that a few managing agents in Sonning Common require leasehold owners to contribute towards a reserve fund created for the specific intention of establishing a fund for major works. Does the lease include onerous restrictions? It is important to be aware if redecorating or some other major work is pending to be shared between the leasehold owners and will dramatically impact the level of the service charges or necessitate a one off payment.

    Other Topics

    Lease Extensions in Sonning Common