compare cheap conveyancing quotes for west bridgford 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
CLICK HERE.
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west bridgford
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What does Commonhold mean?
Commonhold is the term given to the circumstance where you can buy the freehold and own common parts of the building jointly with other persons. This mostly applies to flat occupation/ownership.
No ground rent or service charge would be payable payable but it’s likely that you would have to contribute towards general maintenance and insurance for the common parts of the building. (Stairwell lighting, lift maintenance, gardening etc).
Patience And Contingency
The conveyancing process can be surprisingly slow at times... Are you prepared for delays? In an ideal world, person A agrees to purchase person B's property. The solicitors get to work, contracts are exchanged, money is exchanged and the transaction is completed. In the no-so-ideal world, this process can get horribly held up by various unforeseen circumstances. These can include a bad solicitor somewhere in the chain, a mortgage offer being withdrawn, probate on a will, missing documents etc. etc. There are so many things that can delay the process. Make sure you have some slack and flexibility in your schedule an finances for unforeseen delays!