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Variation Of Lease - 1 Bedroom to 2!
Aaron321
Posts: 2 Newbie
Hi,
I have recently altered the layout of my flat from one bedroom to two. I am planning to sell the property and want to ensure that any potential sale runs smoothly. Is there anyone out there who could please offer some advice on the process for altering anything that needs to be altered.
I have made a few enquiries and believe I need to do the following:
1) - Let the mortgage company know
2) – Have a surveyors draw up a new plan of the internal layout.
3) – Write to the freeholders and request a variation to the lease.
4) – Write to the Land Registry with details of the new lease.
I’ve spoken to my solicitors who advised their charges would be £600, plus other costs e.g. £40 land registry fee. Having read through the lease the only reference to the number of bedrooms or internal layout is made in a layout plan. I now have a new version of this from the surveyors.
The lease is a 125 year lease issued in 2005, with a housing association as the freeholder.
I don’t particularly want to pay £600 for my solicitor to write a letter asking the freeholders to agree to the new plan and then to forward this agreement on to the land registry, my solicitors said it is a very simple process and I should be fine to do it myself.
I am unsure however of the wording that should be used in such coprrespondance and I'm not overly confident of the process - have I missed anything?... If anyone has expereience of this and could offer any advice I’d be very much obliged.
Thanks a lot,
Aaron
I have recently altered the layout of my flat from one bedroom to two. I am planning to sell the property and want to ensure that any potential sale runs smoothly. Is there anyone out there who could please offer some advice on the process for altering anything that needs to be altered.
I have made a few enquiries and believe I need to do the following:
1) - Let the mortgage company know
2) – Have a surveyors draw up a new plan of the internal layout.
3) – Write to the freeholders and request a variation to the lease.
4) – Write to the Land Registry with details of the new lease.
I’ve spoken to my solicitors who advised their charges would be £600, plus other costs e.g. £40 land registry fee. Having read through the lease the only reference to the number of bedrooms or internal layout is made in a layout plan. I now have a new version of this from the surveyors.
The lease is a 125 year lease issued in 2005, with a housing association as the freeholder.
I don’t particularly want to pay £600 for my solicitor to write a letter asking the freeholders to agree to the new plan and then to forward this agreement on to the land registry, my solicitors said it is a very simple process and I should be fine to do it myself.
I am unsure however of the wording that should be used in such coprrespondance and I'm not overly confident of the process - have I missed anything?... If anyone has expereience of this and could offer any advice I’d be very much obliged.
Thanks a lot,
Aaron
0
Comments
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Apart from that, dependent on the changes you made, there is the chance that any work undertaken would need building regs. And if any electrical work were undertaken it probably needs the P Certificate paperwork.
No idea what I am talking about here though, so happy enough to be dismissed as bonkers.0 -
Thanks - fair comment! I've been told my freeholders may well insist that I have these documents before they would agree to the works being finished and therefore the variation to the lease. I should have mentioned that I do already have a completion certificate from building control, (and CORGI & NICEIC certificates) Thanks!0
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