Can you explain why leasehold purchase conveyancing in Mortimer is more expensive?

Mortimer leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

Will our lawyer be making enquiries concerning flooding during the conveyancing in Mortimer.

The risk of flooding is if increasing concern for lawyers dealing with homes in Mortimer. There are those who acquire a house in Mortimer, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or dispose of the property. There are steps that can be taken during the course of a house purchase to forewarn the buyer.

Lawyers are not qualified to offer advice on flood risk, but there are a number of checks that can be undertaken by the buyer or on a buyer’s behalf which should figure out the risks in Mortimer. The conventional set of completed inquiry forms given to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard inquiry of the vendor to determine whether the property has historically flooded. If flooding has previously occurred and is not revealed by the seller, then a buyer may commence a claim for damages stemming from an incorrect response. The buyer’s lawyers may also carry out an environmental report. This will disclose if there is a recorded flood risk. If so, more detailed investigations will need to be initiated.

I am looking to sell my property. My past conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Mortimer if that makes things easier.

You should use our search tool to help you choose a solicitor for your conveyancing in Mortimer. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.

I would like to rent out my leasehold apartment in Mortimer. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?

Notwithstanding that your last Mortimer conveyancing lawyer is no longer available you can review your lease to check if it allows you to sublet the premises. The accepted inference is that if the lease is non-specific, subletting is allowed. There may be a precondition that you need to obtain permission via your landlord or other appropriate person before subletting. The net result is you not allowed to sublet in the absence of first obtaining consent. Such consent should not be unreasonably withheld. If your lease prohibits you from subletting the property you will need to ask your landlord if they are willing to waive this restriction.

Leasehold Conveyancing in Mortimer - Sample of Queries before buying

The best form of lease structure is a share of the freehold. In this situation the tenants enjoy control and although a managing agent is often retained where the building is bigger than a house conversion, the managing agent is directed by the tenants. Best to be warned whether window replacement or some other major work is anticipated to be shared between the leaseholders and could well materially increase the the maintenance charges or necessitate a specific invoice. Are any of leasehold owners in arrears of their service charge liability?

We have selected a Mortimer conveyancing solicitor for our house purchase (FTB’s) and have picked up in the Ts and Cs that they are not covered by the Financial Conduct Authority. Should I be worried or is that usually the case with conveyancing practitioner?

We can't see why they should be. Most conveyancer don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who have specific conditions regulating amounts deposited by them.