I am about to put a bid on a leasehold apartment in Henllan. The property agents assure me that it is usual for flats in Henllan to have less than 75 years unexpired on the lease. I am taking out a loan with Platform. Will the property be mortgageable given that the lease has 70 years remaining.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 20/11/2024 the requirements read as follows :

Just had an offer accepted on a new build apartment in Henllan. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Henllan

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

How do I identify a Henllan solicitor on the Birmingham Midshires conveyancing panel? I have wheels and am willing to travel upto 20kilometers to meet the conveyancer.

Feel free to make use of the search on this page. Please pick a mortgage company and your location and you will see a number of Henllan conveyancing lawyers located nearest you. We have detailed some Henllan conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Birmingham Midshires member panel

I own a leasehold flat in Henllan. Conveyancing and Chelsea Building Society mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Henllan who acted for me is not around. Any advice?

The first thing you should do is contact the Land Registry to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. There is no need to instruct a Henllan conveyancing firm 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 landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Leasehold Conveyancing in Henllan - Sample of Questions you should consider Prior to buying

Is anyone aware of any major works in the planning that will likely increase the maintenance charges? Its a good idea to find out as much as you can about the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to day to day issues such as the upkeep of the communal areas. You should not be afraid to ask prospective neighbours whether they are happy with them. Finally, be sure you know the dates that the service charges are due to the managing agents and precisely what it includes. Is there a share of the freehold?

There are a number of houses in Henllan on private roads. My wife and I are acquiring one such house. Are there any advantages to purchasing a property on a privately owned road?

Henllan conveyancing solicitors will be well versed in conveyancing propertieson private. The lawyer will review the title to find any rights or liabilities. In many cases there is a residents association that owners pay into for the upkeep of the road. Where one exists, the road will likely be maintained and look nicer than publicly owned.