When you buy or are granted a lease, you take ownership and possession of the property for a fixed period of time, which is known as the term of the lease. You might take a ten-year lease, knowing that you might only want the property...
Local Authority search is probably the most important search that can be carried out on a property and if you are buying with a mortgage you will have to have this search done. If you are buying without a mortgage, you can choose not to...
If you are or are hoping to become involved in residential property development (or new build property conveyancing), it’s likely that you’ll need to know about Section 106 agreements. Whilst this is a fairly wide topic, hopefully, our summary below will give you a good...
Historically, the law regulating business tenancies favoured landlords more than tenants. Only tenants who could demonstrate sufficient goodwill, showing that compensation, when their tenancies came to an end, would be inadequate, were entitled to renew their tenancies. That was very difficult for the average tenant...
Estate agents often get a bad press, like the one who parked his brand new Porsche in front of the office to show it off to his colleagues. As he’s getting out of the car, a truck comes speeding along too close to the kerb and...
Historically, being a landlord could be a lucrative business, especially as a side line or a role in later life. The idea was quite simple. Buy a few properties on buy to let mortgages, rent them out and use the rental income to repay the mortgages...
Probably the most important document you will sign when you are buying or selling a residential property is the contract. When we get to this point, we will explain to you in detail how, once you have signed, we will exchange contracts with the other side,...
So hopefully we haven’t put you off the idea of taking a commercial lease or licence over commercial premises, and you’re eager for more advice about the things you should be thinking about and deciding on before you go shopping. Are you likely to want to...
If you are in the market for a new shop or office, rather than a new woolly jumper or yet another pair of socks, there are lots of things we would suggest you think about before you make any final decisions. Taking on a commercial...
Have you thought about extending your house? When you buy a property, it’s not unreasonable to assume that you own everything connected to that property. Not just the building and garden, but everything above and below it, at least to a reasonable height and depth. It’s...
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