Compare quotes from conveyancing solicitors servicing Glastonbury
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AgentQuote.co.uk helps you compare Glastonbury conveyancing quotes from property solicitors servicing the Glastonbury area. We hope you find the service helpful. We search for quotes from Glastonbury solicitors and conveyancers servicing the Glastonbury area.
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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.
Same Solicitor?
Can the same solicitor act on behalf of yourself and the person/s you are buying or selling from? The answer is no. This is a conflict of interests, and it is not allowed.Some glastonbury Solicitors
Important Note: Some of these glastonbury 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 glastonbury area. Because of our special agreement we are always cheaper than going to a panel solicitor direct.
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