Compare quotes from conveyancing solicitors servicing Ottershaw
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AgentQuote.co.uk helps you compare Ottershaw conveyancing quotes from property solicitors servicing the Ottershaw area. We hope you find the service helpful. We search for quotes from Ottershaw solicitors and conveyancers servicing the Ottershaw 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 ottershaw Solicitors Important Note: Some of these ottershaw 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 ottershaw area. Because of our special agreement we are always cheaper than going to a panel solicitor direct.
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