Fixed-fee leasehold conveyancing in Ladywood:

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Questions and Answers: Ladywood leasehold conveyancing

I am intending to sublet my leasehold apartment in Ladywood. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?

Some leases for properties in Ladywood do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

Looking forward to exchange soon on a ground floor flat in Ladywood. Conveyancing solicitors assured me that they are sending me a report next week. Are there areas in the report that I should be focusing on?

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

  • You should be sent a copy of the lease
  • Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, freeholder
  • Does the lease prohibit wood flooring?
  • Are pets allowed in the flat?
  • Ground rent - how much and when you need to pay, and also know whether this will change in the future
  • You should have a good understanding of the insurance provisions
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? For details of the information to be included in your report on your leasehold property in Ladywood please enquire of your lawyer in advance of your conveyancing in Ladywood

    • I have just appointed agents to market my basement flat in Ladywood.Conveyancing has not commenced but I have just had a yearly service charge demand – Do I pay up?

    It best that you discharge the service charge as normal because all ground rent and service charges will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

    I today plan to offer on a house that seems to be perfect, at a great figure which is making it more attractive. I have since found out that it's a leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Ladywood. Conveyancing solicitors have are about to be appointed. Will they explain the issues?

    Most houses in Ladywood 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. it is apparent that you are purchasing in Ladywood in which case you should be looking for a Ladywood conveyancing solicitor and be sure that they have experience in dealing with leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the landlord’spermission to carry out changes to the property. It may be necessary to pay a service charge towards the upkeep of the communal areas where the house is located on an estate. Your solicitor will appraise you on the various issues.

    My wife and I purchased a leasehold flat in Ladywood. Conveyancing and Nationwide Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Ladywood who previously acted has now retired.Do I pay?

    First contact HMLR to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Ladywood conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    Ladywood Leasehold Conveyancing - A selection of Questions you should consider before Purchasing

      This question is useful as a) areas could result in problems in the building as the common areas may start to deteriorate if services are not paid for b) if the leasehold owners have a dispute with the managing agents you will want to have all the details Who are the managing agents? Please note if it is fewer than 80 years it will have adverse implications on the marketability of the flat. Check with your bank that they are willing to to proceed given the lease term. A short lease means that you will probably need a lease extension at some point and you need to have some idea of how much this will be. For most Ladywoodlease extensions you will be be obliged to have owned the premises for 24 months in order to be entitled to extend the lease.

    Other Topics

    Lease Extensions in Ladywood