Experts for Leasehold Conveyancing in Gipsy Hill

While any conveyancing practice can theoretically handle your leasehold conveyancing in Gipsy Hill, your mortgage provider may unwilling to work with them if the firm are not on their list of approved solicitors for conveyancing

Gipsy Hill leasehold conveyancing Example Support Desk Enquiries

Due to exchange soon on a ground floor flat in Gipsy Hill. Conveyancing lawyers have said that they report fully on Monday. What should I be looking out for?

Your report on title for your leasehold conveyancing in Gipsy Hill should include some of the following:

  • Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, freeholder
  • Ground rent - how much and when you need to pay, and also know whether this is subject to change
  • Whether your lease has a provision for a reserve fund?
  • You should have a good understanding of the insurance provisions
  • Repair and maintenance of the flat
  • Changes to the flat (alterations and additions)
  • Responsibility for repairing the window frames For details of the information to be included in your report on your leasehold property in Gipsy Hill please enquire of your solicitor in advance of your conveyancing in Gipsy Hill

  • I've found a house that seems to tick a lot of boxes, at a great price which is making it more attractive. I have just been informed that it's a leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in Gipsy Hill. Conveyancing advisers have are soon to be instructed. Will they explain the issues?

    The majority of houses in Gipsy Hill are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Gipsy Hill in which case you should be looking for a Gipsy Hill conveyancing solicitor and be sure that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example obtaining the freeholder’spermission to conduct alterations. It may be necessary to pay a contribution towards the maintenance of the communal areas where the property is located on an estate. Your lawyer should report to you on the legal implications.

    I own a leasehold flat in Gipsy Hill. Conveyancing and Godiva Mortgages Ltd mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Gipsy Hill who previously acted has long since retired.Any advice?

    First contact HMLR to make sure that this person is indeed the new freeholder. There is no need to incur the fees of a Gipsy Hill conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

    Last month I purchased a leasehold property in Gipsy Hill. Am I liable to pay service charges for periods before my ownership?

    In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

    If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

    What advice can you give us when it comes to appointing a Gipsy Hill conveyancing practice to carry out our lease extension conveyancing?

    When appointing a solicitor for lease extension works (regardless if they are a Gipsy Hill conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Gipsy Hill conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. Some following of questions might be of use:

    • Can they put you in touch with client in Gipsy Hill who can give a testimonial?
  • What are the charges for lease extension conveyancing?

  • After years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Gipsy Hill. Can we issue an application to the Residential Property Tribunal Service?

    Most certainly. We can put you in touch with a Gipsy Hill conveyancing firm who can help.

    An example of a Lease Extension matter before the tribunal for a Gipsy Hill flat is Flat 1 4 Border Crescent in March 2012. the Tribunal decided that the sum payable by the Applicants to the Respondent in respect of the new lease for the subject property should be £11,616.00 (ElevenThousand and Six Hundred and Sixteen Pounds) This case affected 1 flat. The unexpired term was 72.04 years.