Fixed-fee leasehold conveyancing in Westbury On Trym:

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Sample questions relating to Westbury On Trym leasehold conveyancing

Looking forward to exchange soon on a garden flat in Westbury On Trym. Conveyancing solicitors assured me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?

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

  • You should receive a copy of the lease
  • The physical extent of the premises. This will be the flat itself but might include a roof space or basement if applicable.
  • Are pets allowed in the flat?
  • You need to be told what constitutes a Nuisance in the lease
  • Ground rent - how much and when you need to pay, and also know whether this is subject to change
  • 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
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? For a comprehensive list of information to be included in your report on your leasehold property in Westbury On Trym please enquire of your solicitor in ahead of your conveyancing in Westbury On Trym

  • My wife and I purchased a leasehold flat in Westbury On Trym. Conveyancing and Virgin Money 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 1995. The conveyancing practitioner in Westbury On Trym who acted for me is not around.Do I pay?

    The first thing you should do is make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Westbury On Trym conveyancing firm to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

    I am attracted to a two apartments in Westbury On Trym both have in the region of 50 years unexpired on the lease term. should I be concerned?

    There are plenty of short leases in Westbury On Trym. The lease is a legal document that entitles you to use the property for a period of time. As a lease shortens the saleability of the lease reduces and it becomes more expensive to extend the lease. This is why it is generally wise to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this field

    What are your top tips when it comes to choosing a Westbury On Trym conveyancing firm to carry out our lease extension conveyancing?

    If you are instructing a solicitor for lease extension works (regardless if they are a Westbury On Trym conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We suggested that you make enquires with several firms including non Westbury On Trym conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions could be of use:

    • What volume of lease extensions have they conducted in Westbury On Trym in the last 12 months?
  • What are the costs for lease extension conveyancing?

  • If all goes to plan we aim to complete the sale of our £250000 apartment in Westbury On Trym on Wednesday in a week. The freeholder has quoted £408 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Westbury On Trym?

    For the majority of leasehold sales in Westbury On Trym conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    • Answering pre-exchange questions
    • Where consent is required before sale in Westbury On Trym
    • Copies of the building insurance and schedule
    • Deeds of covenant upon sale
    • Registering of the assignment of the change of lessee after a sale
    Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Westbury On Trym leasehold premises is £350. For Westbury On Trym conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to provide the information.

    Westbury On Trym Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

      What is the length of the lease? Is the freehold owned jointly by the tenants? Please tell me if there are any major works in the planning that will likely add a premium to the maintenance charges?

    Other Topics

    Lease Extensions in Westbury On Trym