Fixed-fee leasehold conveyancing in Tadley:

Get a Quote

Need to find a solicitor for leasehold conveyancing in Tadley on your lender’s panel? Use our search tool to find approved local Tadley conveyancing lawyers or national solicitors on your lender’s panel .

Questions and Answers: Tadley leasehold conveyancing

I am in need of some leasehold conveyancing in Tadley. Before I get started I require certainty as to the number of years remaining on the lease.

Assuming the lease is recorded at the land registry - and most are in Tadley - then the leasehold title will always include the basic details 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.

Planning to sign contracts shortly on a basement flat in Tadley. Conveyancing solicitors inform me that they are sending me a report next week. What should I be looking out for?

The report on title for your leasehold conveyancing in Tadley should include some of the following:

  • Setting out your legal entitlements in relation to common areas in the building.E.G., does the lease permit a right of way over a path or staircase?
  • Does the lease prevent you from letting out the property, or working from home
  • 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
  • Repair and maintenance of the flat
  • I don't know whether the lease allows me to alter or improve anything in the flat - you should know whether it applies to all alterations or just structural alteration, and whether consent is required
  • 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.
  • The landlord’s obligations to repair and maintain the building. It is important that you know who is responsible for the repair and maintenance of every part of the building For a comprehensive list of information to be contained in your report on your leasehold property in Tadley please ask your solicitor in ahead of your conveyancing in Tadley

    • I've found a house that seems to meet my requirements, at a reasonable figure which is making it more attractive. I have subsequently found out that it's a leasehold rather than freehold. I am assuming that there are issues buying a house with a leasehold title in Tadley. Conveyancing lawyers have are about to be instructed. Will my lawyers set out the risks of buying a leasehold house in Tadley ?

    Most houses in Tadley are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area can assist with the conveyancing process. it is apparent that you are purchasing in Tadley in which case you should be looking for a Tadley conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as requiring the landlord’spermission to carry out changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the house is part of an estate. Your conveyancer will report to you on the legal implications.

    I am a negotiator for a busy estate agent office in Tadley where we see a number of flat sales put at risk as a result of short leases. I have received conflicting advice from local Tadley conveyancing firms. Could you clarify whether the vendor of a flat can commence the lease extension process for the buyer?

    Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.

    An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

    Can you offer any advice when it comes to finding a Tadley conveyancing firm to carry out our lease extension conveyancing?

    When appointing a property lawyer for lease extension works (regardless if they are a Tadley conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggested that you speak with two or three firms including non Tadley conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. Some following of questions could be useful:

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

    • Tadley Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to buying

      The majority of Tadley leasehold properties will incur a service bill for the upkeep of the block set on behalf of the landlord. If you acquire the property you will have to meet this charge, usually periodically accross the year. This may vary from several hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all probability there will be a ground rent for you to pay annual, this is usually not a large amount, say approximately £25-£75 but you should to check it because occasionally it could be many hundreds of pounds. How many years remain on the lease? Are any of leasehold owners in arrears of their service charge payments?

    Other Topics

    Lease Extensions in Tadley