Guaranteed fixed fees for Leasehold Conveyancing in Mersea Island

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When it comes to leasehold conveyancing in Mersea Island, you will need to instruct a conveyancing solicitor with leasehold experience. Whether your mortgage company is to be Clydesdale , RBS or Nationwide be sure to find a lawyer on their approved list. Feel free to use our search tool

Examples of recent questions relating to leasehold conveyancing in Mersea Island

Having had my offer accepted I require leasehold conveyancing in Mersea Island. Before diving in I require certainty as to the remaining lease term.

If the lease is recorded at the land registry - and almost all are in Mersea Island - then the leasehold title will always include the short particulars 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.

There are only 62 years unexpired on my flat in Mersea Island. I now wish to get lease extension but my freeholder is absent. 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 mean that your lease can be extended by the magistrate. However, you will be required to demonstrate that you have done all that could be expected to find the freeholder. On the whole an enquiry agent would be helpful to try and locate and prepare an expert document which can be used as proof that the freeholder can not be located. It is wise to seek advice from a solicitor in relation to proving the landlord’s absence and the vesting order request to the County Court overseeing Mersea Island.

Expecting to complete next month on a basement flat in Mersea Island. Conveyancing solicitors inform 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 Mersea Island should include some of the following:

  • You should be sent a copy of the lease
  • Setting out your legal entitlements in relation to the communal areas in the block.For instance, does the lease permit a right of way over a path or staircase?
  • Does the lease prevent you from renting out the property, or having a home office for business
  • You should be told what counts as a Nuisance in the lease
  • You should have a good understanding of the insurance provisions
  • Changes to the flat (alterations and additions)
  • The landlord’s obligations to repair and maintain the building. It is important that you know who is responsible for the repair and maintenance of every part of the building For details of the information to be included in your report on your leasehold property in Mersea Island please enquire of your lawyer in advance of your conveyancing in Mersea Island

    • I've found a house that seems to meet my requirements, at a great price which is making it more attractive. I have just found out that the title is leasehold as opposed to freehold. I am assuming that there are issues buying a house with a leasehold title in Mersea Island. Conveyancing solicitors have not yet been instructed. Will they explain the issues?

    Most houses in Mersea Island are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are purchasing in Mersea Island so you should seriously consider looking for a Mersea Island conveyancing practitioner and check that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. As a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example obtaining the landlord’spermission to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the communal areas where the house is located on an estate. Your solicitor should advise you fully on all the issues.

    I am employed by a reputable estate agent office in Mersea Island where we see a number of leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have been given inconsistent advice from local Mersea Island conveyancing solicitors. Please can you clarify whether the vendor of a flat can commence the lease extension formalities for the buyer?

    As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.

    An alternative approach is 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.

    Mersea Island Leasehold Conveyancing - Sample of Questions you should consider before buying

      If a Mersea Island lease has less than 80 years it will impact the value of the apartment. Check with your lender that they are content with the length of the lease. Leases with fewer than 80 years remaining means that you will probably have to extend the lease at some point and you need to have some idea of what this would cost. Remember, in most cases you would need to own the property for two years before you are entitled to exercise a lease extension. Who takes charge for maintaining and repairing the block? Can you inform me if there are any major works on the horizon that will likely increase the maintenance costs?

    Other Topics

    Lease Extensions in Mersea Island