Common questions relating to Southend On Sea leasehold conveyancing
Jane (my partner) and I may need to sub-let our Southend On Sea garden flat for a while due to a career opportunity. We instructed a Southend On Sea conveyancing practice in 2002 but they have closed and we did not think at the time seek any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
Even though your last Southend On Sea conveyancing solicitor is no longer around you can review your lease to see if you are permitted to let out the apartment. The accepted inference is that if the lease is non-specific, subletting is allowed. Quite often there is a prerequisite that you are obliged to seek consent via your landlord or some other party prior to subletting. This means that you cannot sublet without first obtaining consent. The consent is not allowed to be unreasonably refused ore delayed. If the lease prohibits you from letting out the property you will need to ask your landlord for their consent.
I only have Fifty years remaining on my flat in Southend On Sea. I now wish to get lease extension but my freeholder is can not be found. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to locate the freeholder. On the whole a specialist would be useful to try and locate and to produce a report to be accepted by the court as evidence that the freeholder can not be located. It is wise to seek advice from a solicitor in relation to proving the landlord’s absence and the vesting order request to the County Court covering Southend On Sea.
What advice can you give us when it comes to finding a Southend On Sea conveyancing firm to carry out our lease extension conveyancing?
When appointing a property lawyer for your lease extension (regardless if they are a Southend On Sea conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggested that you speak with several firms including non Southend On Sea conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions could be of use:
- How familiar is the firm with lease extension legislation?
Can you provide any top tips for leasehold conveyancing in Southend On Sea from the point of view of expediting the sale process?
- A significant proportion of the delay in leasehold conveyancing in Southend On Sea can be bypassed if you instruct lawyers as soon as you market your property and request that they start to put together the leasehold information needed by the purchasers’ solicitors.
- In the event that you altered the property did you need the Landlord’s permission? Have you, for example laid down wooden flooring? Most leases in Southend On Sea state that internal structural alterations or installing wooden flooring calls for a licence issued by the Landlord approving such changes. Should you fail to have the approvals to hand do not contact the landlord without checking with your lawyer first.
Completion in due on our sale of a £500000 maisonette in Southend On Sea in nine days. The managing agents has quoted £384 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Southend On Sea?
Southend On Sea conveyancing on leasehold maisonettes normally necessitates administration charges raised by landlords agents :
- Completing pre-contract enquiries
- Where consent is required before sale in Southend On Sea
- Copies of the building insurance and schedule
- Deeds of covenant upon sale
- Registering of the assignment of the change of lessee after a sale
I acquired a 1st floor flat in Southend On Sea, conveyancing having been completed half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Southend On Sea with a long lease are worth £261,000. The ground rent is £45 per annum. The lease ceases on 21st October 2077
With just 53 years left to run the likely cost is going to span between £36,100 and £41,800 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.
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