Experts for Leasehold Conveyancing in South Ockendon

When it comes to leasehold conveyancing in South Ockendon, you will need to chose a conveyancing practitioner with leasehold experience. Whether your lender is to be Halifax, Birmingham Midshires or Nationwide make sure you find a lawyer on their approved list. Find a South Ockendon conveyancing lawyer with our search tool

Top Five Questions relating to South Ockendon leasehold conveyancing

I am on look out for some leasehold conveyancing in South Ockendon. Before diving in I require certainty as to the unexpired term of the lease.

Assuming the lease is registered - and almost all are in South Ockendon - then the leasehold title will always include the basic details 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 am hoping to put an offer on a small detached house that seems to be perfect, at a great price which is making it all the more appealing. I have subsequently discovered that it's a leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in South Ockendon. Conveyancing advisers have are about to be instructed. Will my lawyers set out the risks of buying a leasehold house in South Ockendon ?

The majority of houses in South Ockendon are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in South Ockendon so you should seriously consider shopping around for a South Ockendon conveyancing solicitor and be sure that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example obtaining the landlord’sconsent to carry out alterations. It may be necessary to pay a contribution towards the upkeep of the communal areas where the house is located on an estate. Your conveyancer should appraise you on the various issues.

My wife and I purchased a leasehold house in South Ockendon. Conveyancing and Barnsley Building Society mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing solicitor in South Ockendon who acted for me is not around.What should I do?

First contact HMLR to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a South Ockendon conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Can you offer any advice when it comes to choosing a South Ockendon conveyancing practice to deal with our lease extension?

When appointing a property lawyer for lease extension works (regardless if they are a South Ockendon conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We suggested that you make enquires with two or three firms including non South Ockendon conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions could be helpful:

  • How experienced is the firm with lease extension legislation?
  • If they are not ALEP accredited then why not?

  • Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £175000 flat in South Ockendon on Tuesday in a week. The managing agents has quoted £312 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in South Ockendon?

    South Ockendon conveyancing on leasehold apartments often requires the purchaser’s lawyer submitting questions for the landlord to address. Although the landlord is not legally bound to address such questions the majority will be content to assist. They are entitled charge a reasonable charge for answering enquiries or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is £350, in some transactions it is above £800. The management information fee invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in relation to administration fees, otherwise the invoice is technically not due. In reality one has little choice but to pay whatever is demanded should you wish to complete the sale of your home.

    I have had difficulty in negotiating a lease extension in South Ockendon. Can this matter be resolved via the Leasehold Valuation Tribunal?

    Most certainly. We are happy to put you in touch with a South Ockendon conveyancing firm who can help.

    An example of a Lease Extension case for a South Ockendon property is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case affected 1 flat. The unexpired lease term was 57.5 years.

    Other Topics

    Lease Extensions in South Ockendon