Leasehold Properties

In the event that the property which you are selling is leasehold, it may have the benefit of a Management Company or Landlord who is responsible for the maintenance of the communal parts of your property (if any). We will require the following documentation/information from you:
Copies of the last three years maintenance accounts.
A copy of the existing buildings insurance policy which is in effect at the premises.
Details of payments of ground rent and maintenance charges.
The name and address of your Managing Agents and Ground Landlords.
We will endeavour to provide you with copies of the above documentation whenever possible. Please note that we will not be scrutinising the above documentation in detail and no warranty is provided by us in relation to any misstatement or information contained in the above documentation which may cause you loss or inconvenience you in the future. In particular no warranty will be accepted by us in relation to the payment or apportionment of ground rent or maintenance/insurance charges either before or after completion of your property transaction.

In certain circumstances it may be possible for us to request a Leasehold Sellers Pack from the Managing Agents which will contain the above information. Additional fees will be payable in this respect which will be payable by you when we request the Leasehold Sellers Pack.

We will endeavour to provide you with details of the disbursement fees payable for the provision of the Leasehold Sellers Pack as soon as possible. It will be necessary for you to provide us with a corresponding payment on account in this respect.

Please note that any delay in providing us with this disbursement cost may delay the sale of your property.

In the event that the property which you are purchasing is leasehold, it may have the benefit of a Management Company or Landlord who is responsible for the maintenance of the communal parts of your property (if any). We will attempt to obtain the following documentation from the Sellers Solicitors:

1. Copies of the last three years maintenance accounts; 2. A copy of the existing buildings insurance policy which is in effect at the premises; 3. Details of payments of ground rent and maintenance charges; 4. The name and address of the Managing Agents and Ground Landlords.
In certain circumstances it may be possible for your Sellers to provide us with a pack from the Managing Agent which will contain the above information.

We will endeavour to provide you with copies of the above documentation whenever possible. Please note that we will not be scrutinising the above documentation in detail and no warranty is provided by us in relation to any misstatement or information contained in the above documentation which may cause you loss or inconvenience you in the future. In particular no warranty will be accepted by us in relation to the payment or apportionment of ground rent or maintenance/insurance charges either before or after completion of your property transaction.

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