compare cheap conveyancing quotes for bath property
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Conveyancing Quotation - For the sale of your property
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What does Leasehold mean?
Leasehold means that somebody else has title to the land and that you will therefore have to pay a ground rent and possibly also a service charge to the freeholder (owner of the freehold title). It is normally possible to buy the freehold title at a later date as a separate purchase transaction.
It therefore follows that the valuation of two identical properties, one being leasehold and the other freehold, would result in a lower value being applied to the leasehold property.
It is important to check the length of time remaining on the lease (Commonly the leases would have been originally issued with a 99 year life span). If not much time is remaining on the lease it may be difficult to obtain a mortgage, unless the freehold can also be purchased subsequently.
Stressful?
The simple answer is yes! Buying or selling property can be extremely stressful, but if you choose an experienced, competent conveyancing solicitor to do your conveyancing then hopefully things will be less stressful!
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bath solicitors Important: Not all of these solicitors provide conveyancing services. We advise that you request instant quotations from our panel using the form at the top of this page.
Mowbray Woodwards 3 Queen Square, Bath, Avon, BA1 2HG
Caudle & Co 6 Chapel Row, Bath, Avon, BA1 1HT
Hutcheson Forrest Gratton 1 Milsom Street, Bath, Avon, BA1 1DA
Alan Turner & Co 21 Gay Street, Bath, Avon, BA1 2PD
Juliet Hardick 11 Laura Place, Bath, Avon, BA2 4BL
BLB 1 Edgar Buildings, Bath, Avon, BA1 2DU
Rosamund Coppen & Co 36 New King Street, Bath, Avon, BA1 2BN
L H P Law 37 Gay Street, Bath, Avon, BA1 2NT
Peter Tomlineson & Co 7A Northumberland Buildings, Bath, Avon, BA1 2JB
Andrew Maynard & Co 14 New Bond Street, Bath, Avon, BA1 1BE
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