Sample questions relating to South Woodham Ferrers leasehold conveyancing
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 remaining lease term.
If the lease is recorded at the land registry - and 99.9% 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.
I only have 62 years left on my flat in South Woodham Ferrers. I now want to extend my lease but my freeholder is can not be found. What options are available to me?
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 Court. However, you will be required to prove that you have done all that could be expected to locate the freeholder. On the whole an enquiry agent should be helpful to carry out a search and to produce an expert document to be used as proof that the landlord can not be located. It is wise to seek advice from a conveyancer both on investigating the landlord’s disappearance and the vesting order request to the County Court overseeing South Woodham Ferrers.
I have just appointed agents to market my basement apartment in South Woodham Ferrers.Conveyancing is yet to be initiated but I have just had a quarterly maintenance charge demand – should I leave it to the buyer to sort out?
It best that you 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. This will smooth the conveyancing process.
I am hoping to put an offer on a small detached house that appears to be perfect, at a great price which is making it more attractive. I have just been informed that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in South Woodham Ferrers. Conveyancing advisers have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in South Woodham Ferrers ?
The majority of houses in South Woodham Ferrers are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area can assist with the conveyancing process. it is apparent that you are buying in South Woodham Ferrers in which case you should be shopping around for a South Woodham Ferrers conveyancing practitioner and check that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. Being a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as obtaining the freeholder’spermission to conduct changes to the property. It may be necessary to pay a maintenance charge towards the upkeep of the estate where the house is part of an estate. Your solicitor should advise you fully on all the issues.
Can you offer any advice when it comes to appointing a South Woodham Ferrers conveyancing practice to deal with our lease extension?
If you are instructing a conveyancer for lease extension works (regardless if they are a South Woodham Ferrers conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with several firms including non South Woodham Ferrers conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. Some following of questions might be of use:
- If they are not ALEP accredited then why not?
South Woodham Ferrers Leasehold Conveyancing - A selection of Queries Prior to buying
The answer will be helpful as a) areas can cause problems for the block as the communal areas may begin to deteriorate where services are not paid for b) if the tenants have an issue with the running of the building you will need to have all the details
It would be a good idea to find out if there is anything that is prohibited in the lease. For example plenty of leases prohibit pets being permitted in certain buildings in South Woodham Ferrers. If you love the propertyin South Woodham Ferrers but your cat is not allowed to make the move with you then you will be faced difficult compromise.
Most South Woodham Ferrers leasehold properties will be liable to pay a service bill for the upkeep of the building invoiced on behalf of the landlord. Where you purchase the property you will have to pay this contribution, usually periodically throughout the year. This could differ from several hundred pounds to thousands of pounds for buildings with lifts and large communal areas. There will also be a ground rent for you to pay annual, this is usually not a significant amount, say around £50-£100 but you should to check as on occasion it could be many hundreds of pounds.