Fixed-fee leasehold conveyancing in Stoke Park:

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When it comes to leasehold conveyancing in Stoke Park, you will need to appoint a conveyancing practitioner with leasehold experience. Whether your lender is to be Halifax, Birmingham Midshires or Nationwide be sure to choose a lawyer on their panel. Find a Stoke Park conveyancing lawyer with our search tool

Top Five Questions relating to Stoke Park leasehold conveyancing

Having checked my lease I have discovered that there are only 68 years left on my lease in Stoke Park. I now wish to get lease extension but my freeholder is missing. What should I do?

If you meet the appropriate requirements, 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 mean that your lease can be granted an extra 90 years by the Court. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to locate the lessor. On the whole an enquiry agent should be helpful to conduct investigations and to produce an expert document to be accepted by the court as proof that the landlord is indeed missing. It is advisable to get professional help from a property lawyer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court overseeing Stoke Park.

Looking forward to sign contracts shortly on a studio apartment in Stoke Park. Conveyancing lawyers assured me that they will have a report out to me within the next couple of days. What should I be looking out for?

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

  • You should be sent a copy of the lease
  • The unexpired lease term You should be advised as what happens when the lease ends, and aware of the importance of the 80 year mark
  • Ground rent - how much and when you need to pay, and also know whether this is subject to change
  • An explanation as to the provision in the lease to pay service charges - with regard to both the building, and the more general rights a leaseholder has
  • The landlord’s rights to access the flat you be made aware that your landlord has rights of access and I know how much notice s/he must provide.
  • Responsibility for repairing the window frames
  • What the implications are if you breach a clause of your lease? For details of the information to be contained in your report on your leasehold property in Stoke Park please enquire of your lawyer in ahead of your conveyancing in Stoke Park

    • Back In 2005, I bought a leasehold flat in Stoke Park. Conveyancing and National Westminster Bank mortgage are in place. I have received a letter from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Stoke Park who previously acted has now retired.Any advice?

    The first thing you should do is make enquiries of HMLR to be sure that this person is in fact the new freeholder. You do not need to incur the fees of a Stoke Park conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    Can you offer any advice when it comes to appointing a Stoke Park conveyancing firm to deal with our lease extension?

    If you are instructing a solicitor for your lease extension (regardless if they are a Stoke Park conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with several firms including non Stoke Park conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. Some following of questions might be useful:

    • If they are not ALEP accredited then why not?
  • What are the legal fees for lease extension work?

    • Do you have any top tips for leasehold conveyancing in Stoke Park from the point of view of speeding up the sale process?

    • Much of the frustration in leasehold conveyancing in Stoke Park can be bypassed if you instruct lawyers as soon as your agents start advertising the property and ask them to collate the leasehold documentation which will be required by the purchasers’ lawyers.
    • Many freeholders or Management Companies in Stoke Park charge for providing management packs for a leasehold homes. You or your lawyers should discover the actual amount of the charges. The management pack can be applied for on or before finding a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most usual cause of delay in leasehold conveyancing in Stoke Park.
  • In the event that you altered the property did you need the Landlord’s consent? In particular have you installed wooden flooring? Stoke Park leases often stipulate that internal structural alterations or laying down wooden flooring necessitate a licence issued by the Landlord approving such changes. Should you dont have the paperwork to hand you should not communicate with the landlord without checking with your lawyer in the first instance.
  • A minority of Stoke Park leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. The bank reference should make it clear that the buyer is financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors.
  • If you are supposed to have a share in the Management Company, you should make sure that you are holding the original share document. Obtaining a replacement share certificate is often a lengthy process and frustrates many a Stoke Park conveyancing deal. Where a new share certificate is necessary, you should approach the company director and secretary or managing agents (where relevant) for this as soon as possible.

    • Stoke Park Leasehold Conveyancing - Examples of Queries Prior to buying

      Can you tell me if there are any major works in the planning that will increase the maintenance fees? In the main the cost for major works are not included within maintenance charges, albeit that there some managing agents in Stoke Park require leasehold owners to pay into a sinking fund created for the specific purpose of building a fund for major repairs or maintenance. Are any of leasehold owners in arrears of their service charge liability?

    Other Topics

    Lease Extensions in Stoke Park