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

The conveyancing fees for a leasehold property in Roehampton is inevitably more expensive when contrasted to a freehold acquisition or disposal. This is because there is an amount of extra investigations required in communicating with the landlord and management company to obtain information about whether the rent and service fee have been cleared and whether there are any major works due in the near future on repairs or maintenance of the building.

Despite weeks of looking the Title Certificate and documents to our property can not be found. The conveyancers who conducted the conveyancing in Roehampton 4 years ago have long since closed. Will I be able to sell the house?

You no longer need to hold title original deeds to evidence that you are the owner of your registered land or premises, given that the Land Registry have everything they need in a digital format.

What does commercial conveyancing in Roehampton cover?

Roehampton conveyancing for business premises incorporates a wide array of advice, given by qualified solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

We expect to complete the sale of our £250,000 flat in Roehampton on Tuesday in a week. The management company has quoted £372 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Roehampton?

Roehampton conveyancing on leasehold apartments often necessitates the buyer’s conveyancer submitting questions for the landlord to address. Although the landlord is not legally bound to respond to such questions most will be content to assist. They may levy a reasonable charge for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is £350, in some transactions it exceeds £800. The management information fee levied by the landlord must be accompanied by a summary of entitlements and obligations in relation to administration fees, otherwise the charge is not strictly payable. In reality one has little option but to pay whatever is requested of you if you want to exchange contracts with the buyer.

I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Roehampton conveyancing firm to represent me?

You certainly can. We can put you in touch with a Roehampton conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a Roehampton premises is 19 St. Margarets Crescent in August 2010. the tribunal was of the view that the premium to be paid by the leaseholder for the freehold reversion was £51,983.00 This case affected 3 flats. The unexpired term as at the valuation date was 66.25 years.

What is the reason for my conveyancing practitioner requiring various items of identification ahead of starting my conveyancing in Roehampton?

Roehampton lawyers are required by the Law Society, SRA, HMLR and current AML Regulations to record that the have verified the identity of their clients. It is also sometimes a requirement of your mortgage offer. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have information such as your full names, NI number and date of birth.