compare cheap conveyancing quotes for fakenham property
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Conveyancing Quotation - For the sale of your property
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This page is for getting a quotation for the
SALE of
YOUR PROPERTY – if you are looking for a quotation to
PURCHASE SOMEONE ELSE’S PROPERTY then please
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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.
Solicitor or Licenced Conveyancer?
Solicitors are regulated by the Law Society. They commonly practice many areas of law, in addition to conveyancing.
Licensed Conveyancers are regulated by the Council for Licensed Conveyancers and specialise only in conveyancing. Some Licensed Conveyancers are in fact Solicitors who have Licensed Conveyancer status.
The processes and consumer protection standards are the same for either type of representation.
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fakenham 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.
Mallett Solicitors
10 Oak Street, Fakenham, Norfolk, NR21 9DX
Ivor Morison & Co
1/Royal Oak Chambers, Oak Street, Fakenham, Norfolk, NR21 9DY
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