Fixed-fee leasehold conveyancing in Waterbeach:

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Frequently asked questions relating to Waterbeach leasehold conveyancing

Having checked my lease I have discovered that there are only Sixty One years remaining on my flat in Waterbeach. I am keen to extend my lease but my freeholder is missing. What should I do?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. However, you will be required to prove that you or your lawyers have made all reasonable attempts to locate the freeholder. On the whole an enquiry agent should be helpful to try and locate and to produce an expert document to be used as evidence that the freeholder can not be located. It is advisable to get professional help from a conveyancer in relation to devolving into the landlord’s absence and the vesting order request to the County Court covering Waterbeach.

I am hoping to sign contracts shortly on a basement flat in Waterbeach. Conveyancing lawyers inform me that they are sending me a report on Monday. What should I be looking out for?

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

  • Details of the parties to the lease, for example these could be the leaseholder (you), head lessor, landlord
  • The physical extent of the property. This will be the property itself but might incorporate a loft or cellar if appropriate.
  • Setting out your legal entitlements in relation to the communal areas in the block.By way of example, does the lease grant a right of way over an accessway or hallways?
  • Repair and maintenance of the flat
  • Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice?
  • 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
  • Responsibility for repairing the window frames For a comprehensive list of information to be contained in your report on your leasehold property in Waterbeach please enquire of your lawyer in ahead of your conveyancing in Waterbeach

    • I’m about to sell my 2 bed apartment in Waterbeach.Conveyancing has not commenced but I have just had a quarterly maintenance charge invoice – Do I pay up?

    The sensible thing to do is clear the invoice 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 unless 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. This will smooth the conveyancing process.

    I today plan to offer on a house that seems to be perfect, at a great figure which is making it all the more appealing. I have just found out that the title is leasehold as opposed to freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Waterbeach. Conveyancing solicitors have are about to be instructed. Will my lawyers set out the implications of buying a leasehold house in Waterbeach ?

    Most houses in Waterbeach are freehold and not leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area can assist with the conveyancing process. it is apparent that you are purchasing in Waterbeach in which case you should be shopping around for a Waterbeach conveyancing solicitor and be sure that they are used to transacting on 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 with the house. The lease comes with conditions for example requiring the landlord’spermission to carry out changes to the property. You may also be required to pay a service charge towards the maintenance of the estate where the house is part of an estate. Your solicitor will appraise you on the various issues.

    My wife and I purchased a leasehold flat in Waterbeach. Conveyancing and Bank of Ireland 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 1991. The conveyancing solicitor in Waterbeach who previously acted has long since retired.What should I do?

    The first thing you should do is contact HMLR to make sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Waterbeach conveyancing practitioner to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

    Waterbeach Conveyancing for Leasehold Flats - Sample of Queries before buying

      On the whole the outlay for major works are not built into the maintenance charges, albeit that there some managing agents in Waterbeach require leasehold owners to contribute towards a reserve fund created for the specific intention of building a fund for major repairs or maintenance. Is the freehold owned collectively by the tenants? Make sure you enquire if there are any onerous restrictions in the lease. For instance plenty of leases prohibit pets being permitted in in a block in Waterbeach. If you like the flatin Waterbeach however your dog is not allowed to move with you then you will be faced hard determination.

    Other Topics

    Lease Extensions in Waterbeach