Lpe1 2025

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The document is a Leasehold Property Enquiries form (LPE1) that outlines various terms and definitions related to leasehold properties, including roles of landlords, managing agents, and service charges. It includes sections for contact details, transfer and registration requirements, ground rent, service charges, buildings insurance, disputes, and required documents. The form aims to ensure that incoming lessees are fully informed of their obligations and the property's financial status.

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Begin by filling out SECTION 1: CONTACT DETAILS. Enter the names, addresses, and contact information for the Landlord and Managing Agent. If there are additional parties, provide their details on a separate sheet.
Proceed to SECTION 2: TRANSFER & REGISTRATION. Answer whether a Deed of Covenant or Licence to Assign is required, and specify any associated costs.
In SECTION 3: GROUND RENT, indicate the annual Ground Rent amount and confirm if it is up-to-date. Provide details of any arrears if applicable.
Move to SECTION 4: SERVICE CHARGES. Fill in how many properties contribute to maintenance and confirm if Service Charges are current. Note any anticipated increases.
Complete SECTION 5: BUILDINGS INSURANCE by confirming payment status and coverage details for both Lessees and Common Parts.
Finally, review SECTION 8: REQUIRED DOCUMENTS. Ensure all necessary documents are enclosed or noted as forthcoming before signing and dating the form.

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Versions	Form popularity	Fillable & printable
2023	4.3 Satisfied (49 Votes)
2021	4.2 Satisfied (23 Votes)
2015	4 Satisfied (28 Votes)
2013	4 Satisfied (52 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is an LPE1?

The LPE 1 Form, also known as Leasehold Property Enquiries Form 1, is a mandatory legal document in the conveyancing process that contains information provided by landlords and managing parties.

How long does it take to get LPE1?

Completing the LPE1 form typically takes about 2-3 weeks. However, the exact duration hinges on factors like the complexity of the leasehold, the responsiveness of the managing agents, and if there are any outstanding enforcement notices or ongoing remediation schemes.

Who pays for a management pack?

When selling a property, the seller will be responsible for paying for the Management Pack and the sellers solicitors will obtain this from Landlord/Management Company. What does the Pack contain? Please find the link to access a copy of the LPE1 and FME1 so you can see what sort of questions these forms cover.

Do you need a management pack?

When selling a property you should try to obtain a management pack from your managing agent or landlord. The management pack contains important information that a potential buyer needs to know about the property. You will normally have to pay a fee to the landlord or management agent for compiling it.

What happens after a management pack is received?

Once the buyers solicitor has received the management pack, they will review the documentation and raise any further enquiries with the management company. After receiving the management pack, your solicitor will carefully review the documents and may raise any questions or concerns with the managing agent.

How much is a management pack?

The Management Company and/or the Freeholder/Landlord charge for providing the information and the costs are not fixed. Each Management Company has their own fee, and your solicitor will need to make enquiries as to what these may be. Typically costs do range from between 150 and 500.

Who orders the management pack?

When selling a leasehold property, it is usually a requirement that the vendor obtains a management pack/Sales pack from the Managing Agent, or if one is not employed by the freeholder, then from the freeholder themselves.

Lpe1 2025

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