SUMMARY
- This note gives an outline of the typical events in selling a leasehold flat.
- It explains the usual sorts of restrictions placed in leases about the way sales of flats can be carried out.
- Lessees can sped up the process by being aware of these restrictions and briefing their solicitors about them.
- It also explains the usual ways in which a landlord & managing agent will be asked to be involved in that process and the kinds of information that they are asked to provide by sellers’ solicitors.
- The Appendix contains a list of questions that buyers of flats may wish to ask their solicitor or other advisor before they buy.