Fixed-fee leasehold conveyancing in Trelogan:

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

Recently asked questions relating to Trelogan leasehold conveyancing

I am in need of some leasehold conveyancing in Trelogan. Before I set the wheels in motion I require certainty as to the remaining lease term.

If the lease is registered - and most are in Trelogan - 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.

I would like to rent out my leasehold apartment in Trelogan. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?

Your lease governs the relationship between the freeholder and you the flat owner; specifically, it will set out if subletting is not allowed, or permitted but only subject to certain caveats. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. Most leases in Trelogan do not contain an absolute prevention of subletting – such a provision would adversely affect the market value the flat. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.

My wife and I purchased a leasehold flat in Trelogan. Conveyancing and National Westminster Bank mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Trelogan who previously acted has long since retired.Any advice?

The first thing you should do is contact the Land Registry to make sure that this person is in fact the new freeholder. It is not necessary to instruct a Trelogan conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I am a negotiator for a long established estate agent office in Trelogan where we have witnessed a few leasehold sales jeopardised as a result of short leases. I have been given inconsistent advice from local Trelogan conveyancing firms. Please can you confirm whether the owner of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible 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 purchaser.

If all goes to plan we aim to complete our sale of a £325000 garden flat in Trelogan next week. The managing agents has quoted £384 for Landlord’s certificate, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge such fees for a flat conveyance in Trelogan?

Trelogan conveyancing on leasehold apartments normally necessitates the buyer’s solicitor submitting questions for the landlord to answer. Although the landlord is not legally bound to respond to these enquiries the majority will be willing to assist. They may levy a reasonable administration fee for answering enquiries or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is £350, in some cases it exceeds £800. The administration charge invoiced by the landlord must be accompanied by a synopsis of rights and obligations in respect of administration fees, without which the charge is not strictly payable. In reality one has little choice but to pay whatever is requested of you should you wish to complete the sale of your home.

Leasehold Conveyancing in Trelogan - Examples of Questions you should consider Prior to buying

    What prohibitions are contained in the Trelogan Lease? The majority of Trelogan leasehold flats will incur a service charge for the upkeep of the building invoiced by the management company. Should you acquire the apartment you will have to meet this liability, normally in instalments during the year. This could be anything from a few hundred pounds to thousands of pounds for blocks with lifts and large communal grounds. In all probability there will be a rentcharge to be met annual, this is usually not a large amount, say around £25-£75 but you should to enquire it because occasionally it can be many hundreds of pounds. Its a good idea to find out as much as possible concerning the managing agents as they will affect your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents from a financial perspective and when it comes to every day issues such as the cleanliness of the common parts. Enquire of other tenants if they are happy with their service. In conclusion, investigate as to the dates that the maintenance charges are due to the appropriate party and specifically what it includes.

Other Topics

Lease Extensions in Trelogan