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Conveyancing Quotation - For the sale of your property
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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.
What is a joint application?
A joint application is where more than one person is applying for a loan or mortgage together.
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marlow 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.
Simon Bennett 35 High Street, Marlow, Buckinghamshire, SL7 1AU
Fendom Dawson & Towner Ground Floor, 65 High Street, Marlow, Buckinghamshire, SL7 1AB
Abbott Lloyd Howorth 44 Marlow Bottom, Marlow, Buckinghamshire, SL7 3NB
Harley & Co 8 Westhorpe Road, Marlow, Buckinghamshire, SL7 1LD
Robert Kyle & Co 15 South Place, Marlow, Buckinghamshire, SL7 1PY
Cripps & Shone The Old House, West Street, Marlow, Buckinghamshire, SL7 2LX
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