Fixed-fee leasehold conveyancing in South Woodham Ferrers:

Leasehold conveyancing in South Woodham Ferrers 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 South Woodham Ferrers and next step up in loc. The lawyers we recommend have been approved by your lender so use our search tool to check.

South Woodham Ferrers leasehold conveyancing Example Support Desk Enquiries

Having had my offer accepted I require leasehold conveyancing in South Woodham Ferrers. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.

If the lease is registered - and most are in South Woodham Ferrers - 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.

Having checked my lease I have discovered that there are only 72 years unexpired on my flat in South Woodham Ferrers. I now want to extend my lease but my freeholder is absent. What options are available to me?

On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. You will be obliged to prove that you or your lawyers have made all reasonable attempts to track down the landlord. For most situations an enquiry agent should be helpful to carry out a search and to produce a report which can be accepted by the court as evidence that the landlord is indeed missing. It is wise to seek advice from a property lawyer both on investigating the landlord’s disappearance and the vesting order request to the County Court covering South Woodham Ferrers.

Planning to sign contracts shortly on a basement flat in South Woodham Ferrers. Conveyancing solicitors assured me that they report fully within the next couple of days. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in South Woodham Ferrers should include some of the following:

  • Setting out your legal entitlements in relation to the communal areas in the building.For example, does the lease permit a right of way over an accessway or hallways?
  • Do you need to have carpet in the flat or are you allowed wood flooring?
  • Are pets allowed in the flat?
  • Repair and maintenance of the flat
  • Changes to the flat (alterations and additions)
  • I don't know whether the lease allows me to alter or improve anything in the flat - you should know whether it applies to all alterations or just structural alteration, and whether consent is required
  • Responsibility for repairing the window frames For details of the information to be included in your report on your leasehold property in South Woodham Ferrers please ask your conveyancer in advance of your conveyancing in South Woodham Ferrers

  • My wife and I purchased a leasehold flat in South Woodham Ferrers. Conveyancing and Chelsea Building Society mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in South Woodham Ferrers who acted for me is not around.Any advice?

    The first thing you should do is contact HMLR to make sure that this person is in fact the new freeholder. It is not necessary to instruct a South Woodham Ferrers conveyancing solicitor to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

    What makes a South Woodham Ferrers lease unacceptable for security purposes?

    There is nothing unique about leasehold conveyancing in South Woodham Ferrers. All leases is drafted differently and legal mistakes in the legal wording can sometimes mean that certain clauses are erroneous. For example, if your lease is missing any of the following, it could be defective:

    • Repairing obligations to or maintain parts of the property
    • A duty to insure the building
    • A provision for the recovery of money spent for the benefit of another party.
    • Service charge per centages that don't add up correctly leaving a shortfall

    A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, The Royal Bank of Scotland, and Platform Home Loans Ltd all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the purchaser to withdraw.

    South Woodham Ferrers Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing

      If a South Woodham Ferrers lease has no more than eighty years it will affect the marketability of the property. Check with your lender that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of what this would cost. Remember, in most cases you will need to own the property for 24 months before you are eligible to extend the lease. This question is useful as a) areas can cause problems for the block as the communal areas may start to deteriorate if maintenance remain unpaid b) if the tenants have an issue with the managing agents you will need to have complete disclosure How many years remain on the lease?

    Other Topics

    Lease Extensions in South Woodham Ferrers