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

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Recently asked questions relating to Ulverston leasehold conveyancing

I have recently realised that I have Seventy years unexpired on my flat in Ulverston. I need to extend my lease but my landlord is missing. What options are available to me?

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 an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. You will be obliged to prove that you or your lawyers have done all that could be expected to find the lessor. In some cases an enquiry agent may be useful to try and locate and to produce an expert document to be used as proof that the landlord is indeed missing. It is advisable to get professional help from a conveyancer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court overseeing Ulverston.

Expecting to complete next month on a leasehold property in Ulverston. Conveyancing solicitors assured 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 Ulverston should include some of the following:

  • The total extent of the property. This will be the property itself but may include a roof space or basement if applicable.
  • Does the lease require carpeting throughout thus preventing wood flooring?
  • Are pets allowed in the flat?
  • Does the lease prevent you from letting out the flat, or having a home office for business
  • 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
  • Whether your lease has a provision for a reserve fund?
  • 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. For details of the information to be included in your report on your leasehold property in Ulverston please ask your solicitor in ahead of your conveyancing in Ulverston

  • I today plan to offer on a house that seems to meet my requirements, at a reasonable price which is making it all the more appealing. I have subsequently been informed that it's a leasehold as opposed to freehold. I am assuming that there are issues buying a house with a leasehold title in Ulverston. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the implications of buying a leasehold house in Ulverston ?

    The majority of houses in Ulverston are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are purchasing in Ulverston so you should seriously consider shopping around for a Ulverston conveyancing solicitor and be sure that they are used to advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example requiring the freeholder’spermission to conduct changes to the property. It may be necessary to pay a service charge towards the maintenance of the communal areas where the house is located on an estate. Your lawyer will appraise you on the various issues.

    I own a leasehold house in Ulverston. Conveyancing and The Mortgage Works mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Ulverston who previously acted has long since retired.What should I do?

    The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Ulverston conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    Do you have any top tips for leasehold conveyancing in Ulverston with the purpose of expediting the sale process?

    • A significant proportion of the frustration in leasehold conveyancing in Ulverston can be bypassed if you appoint lawyers as soon as you market your property and request that they start to collate the leasehold documentation needed by the purchasers’ lawyers.
    • In the event that you altered the property did you need the Landlord’s approval? In particular have you installed wooden flooring? Ulverston leases often stipulate that internal structural alterations or addition of wooden flooring require a licence from the Landlord consenting to such works. Where you fail to have the approvals to hand you should not communicate with the landlord without checking with your lawyer in the first instance.
  • If there is a history of any disputes with your freeholder or managing agents it is essential that these are settled before the property is marketed. The purchasers and their solicitors will be warry about purchasing a flat where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is clearly preferable to present the dispute as historic rather than unsettled.
  • If you hold a share in a the freehold, you should make sure that you have the original share certificate. Arranging a re-issued share certificate can be a time consuming formality and slows down many a Ulverston conveyancing deal. If a duplicate share is needed, you should approach the company director and secretary or managing agents (where applicable) for this as soon as possible.
  • You believe that you know the number of years left on your lease but you should double-check via your solicitors. A purchaser's conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is below 75 years. In the circumstances it is essential at an as soon as possible that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.

  • Ulverston Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying

      Who is in charge of the block? Make sure you enquire if there is anything that is prohibited in the lease. For example it is very common in Ulverston leases that pets are not permitted in in a block in Ulverston. If you love the apartmentin Ulverston yet your dog is not allowed to live with you then you will be presented with a hard determination. Many Ulverston leasehold apartments will incur a service charge for the upkeep of the block invoiced by the management company. If you acquire the apartment you will have to pay this liability, normally periodically during the year. This can vary from two or three hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a ground rent for you to pay annual, this is usually not a exorbitant sum, say about £25-£75 but you need to check as sometimes it can be many hundreds of pounds.

    Other Topics

    Lease Extensions in Ulverston