Leasehold Conveyancing in St Athan - Get a Quote from the leasehold experts approved by your lender

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When it comes to leasehold conveyancing in St Athan, you will need to appoint a conveyancing solicitor with leasehold experience. Whether your lender is to be Halifax, RBS or NatWest make sure you choose a lawyer on their approved list. Feel free to use our search tool

Frequently asked questions relating to St Athan leasehold conveyancing

Planning to complete next month on a leasehold property in St Athan. Conveyancing lawyers have said that they will have a report out to me on Monday. What should I be looking out for?

Your report on title for your leasehold conveyancing in St Athan should include some of the following:

  • 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
  • The total extent of the premises. This will be the apartment itself but may include a roof space or cellar if appropriate.
  • Setting out your rights in respect of common areas in the building.For instance, does the lease permit a right of way over an accessway or staircase?
  • Does the lease require carpeting throughout thus preventing wood flooring?
  • Are pets allowed in the flat?
  • You must be told what constitutes a Nuisance in the lease
  • Whether your lease has a provision for a reserve fund? For details of the information to be contained in your report on your leasehold property in St Athan please ask your conveyancer in ahead of your conveyancing in St Athan

    • I have just appointed agents to market my basement apartment in St Athan.Conveyancing has not commenced but I have just received a quarterly service charge invoice – what should I do?

    Your conveyancing lawyer is likely to suggest that you should clear the service charge 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 management companies 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. Having a clear account will assist your cause and will leave you no worse off financially.

    My wife and I purchased a leasehold house in St Athan. Conveyancing and TSB mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1993. The conveyancing practitioner in St Athan who previously acted has long since retired.What should I do?

    The first thing you should do is contact HMLR to make sure that this person is indeed the registered owner of the freehold reversion. You do not need to instruct a St Athan conveyancing lawyer to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    Last month I purchased a leasehold property in St Athan. Do I have any liability for service charges relating to a period prior to my ownership?

    In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

    If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

    What advice can you give us when it comes to finding a St Athan conveyancing practice to carry out our lease extension conveyancing?

    If you are instructing a property lawyer for lease extension works (regardless if they are a St Athan conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We suggested that you speak with two or three firms including non St Athan 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:

    • How many lease extensions have they completed in St Athan in the last year?
  • What are the charges for lease extension conveyancing?

    • St Athan Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing

      How much is the service charge and ground rent on the flat? It would be wise to find out as much as you can concerning the company managing the block as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you are often at the mercy of the managing agents from a financial perspective and when it comes to every day issues like the cleanliness of the common parts. Ask prospective neighbours if they are happy with their service. In conclusion, find out the dates that you are obliged pay the service charge to the managing agents and precisely what it includes. Is the freehold owned jointly by the leaseholders?

    Other Topics

    Lease Extensions in St Athan