• LPE1 Permission To Assign

    By Guest on 11th Sep 2014

    Whos responsibility is it to apply to the landlord for permission to assign the lease, The buyers solicitor, the sellers solicitor or the management company, this really does seem to be a grey area and is holding up and could possibly put my sale in jeapody.

  • 1 Answers

    By Guest on 21/09/2014

    It is the seller who is seeking the consent therefore his solicitor should make the application, whether that be to the landlord directly or via the management company as a third party. As to who pays the fees, the convention is that the seller should pay but there is no law which obliges him to and if he refuses then in order to progress the transaction the buyer may have to bite the bullet and bear the cost.

  • Post Your Answer


  • Do you want to be informed of further comments / replies? Yes No

Ask a Question

Search