Questions and Answers: Sutton Coldfield leasehold conveyancing
I only have 72 years unexpired on my lease in Sutton Coldfield. I now want to get lease extension but my landlord is absent. What options are available to me?
If 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 mean that your lease can be extended by the Court. However, you will be required to demonstrate that you have used your best endeavours to track down the lessor. On the whole a specialist may be useful to conduct investigations and to produce an expert document to be used as evidence that the landlord can not be located. It is wise to seek advice from a conveyancer both on proving the landlord’s absence and the vesting order request to the County Court covering Sutton Coldfield.
I am hoping to sign contracts shortly on a garden flat in Sutton Coldfield. Conveyancing solicitors inform me that they will have a report out to me tomorrow. What should I be looking out for?
The report on title for your leasehold conveyancing in Sutton Coldfield should include some of the following:
- Defining your rights in relation to the communal areas in the building.By way of example, does the lease grant a right of way over an accessway or staircase?
I've found a house that seems to be perfect, at a great price which is making it more attractive. I have subsequently found out that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Sutton Coldfield. Conveyancing solicitors have not yet been instructed. Will they explain the issues?
The majority of houses in Sutton Coldfield are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are purchasing in Sutton Coldfield so you should seriously consider shopping around for a Sutton Coldfield conveyancing solicitor and be sure that they are used to transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the freeholder’sconsent to conduct changes to the property. You may also be required to pay a contribution towards the maintenance of the estate where the house is located on an estate. Your solicitor should report to you on the legal implications.
I've recently bought a leasehold house in Sutton Coldfield. Do I have any liability for service charges for periods before 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. It is an essential part of leasehold conveyancing for your conveyancer to be sure 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).
Do you have any top tips for leasehold conveyancing in Sutton Coldfield from the point of view of speeding up the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Sutton Coldfield can be avoided if you get in touch lawyers the minute you market your property and ask them to put together the leasehold documentation which will be required by the buyers representatives.
- In the event that you altered the property did you need the Landlord’s approval? In particular have you laid down wooden flooring? Most leases in Sutton Coldfield state that internal structural changes or laying down wooden flooring necessitate a licence from the Landlord acquiescing to such changes. Should you fail to have the consents to hand do not contact the landlord without checking with your conveyancer in advance.
Sutton Coldfield Conveyancing for Leasehold Flats - A selection of Queries before Purchasing
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This question is important as a) areas can cause problems in the block as the communal areas may begin to deteriorate if services remain unpaid b) if the tenants have an issue with the running of the building you will need to have full disclosure
It would be a good idea to find out if the the lease includes any onerous restrictions in the lease. For example plenty of leases prohibit pets being allowed in certain buildings in Sutton Coldfield. If you like the apartmentin Sutton Coldfield but your dog is not allowed to live with you then you will be presented with a difficult compromise.
Does the lease contain onerous restrictions?
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