Compare quotes from conveyancing solicitors servicing Egremont
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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 Gazundering?
Gazundering is the name given to the circumstance where the buyer waits until contracts are about to be exchanged, and then tries to force the seller to accept a lower offer.
not illegal - just unethical!
Some egremont Solicitors Important Note: Some of these egremont solicitors may not offer legal services for property. Please use our quotation request form to compare quotations from solicitors that offer legal services for property, and with coverage for the egremont area. Because of our special agreement we are always cheaper than going to a panel solicitor direct.
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Featured egremont Estate Agent - First Choice Move Ltd
First Choice Move Ltd (Cumbria)
Address
12
Christy Place
-
Egremont
Cumbria
CA22 2EW
Established
1
Branches
1
Contact
Telephone:01946 413001
Email: admin@firstchoicemove dot co dot uk
Web: www.firstchoicemove.co.uk
Opening Hours 9-7 Monday to Friday, 9-6 Saturdays
Professional Memberships Property Ombudsman
Fee Notes Low cost fees, helping to keep your money in your pocket.
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About This Agent First Choice Move is a low cost alternative to high street agents. We provide the same full services with out the traditional high prices.
Marketing Services First Choice Move offers a range of selling options, one for every budget including a pay as you go option. We advertise across a massive network of the largest property websites in the UK making sure your property receives plenty of attention from buyers
Professional Services We can also offer independent mortgage advice, which means our advisers work for you not the banks.
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