A Range of Helpful Leaseholder Services
If you own a leasehold property, you do not own the land that your property is situated on, these are generally properties like flats within a block. As you are essentially leasing the property for a number of years, there are potential issues that are exclusive to leasehold properties. This is a specialist area of law and there are potential dangers which we will help you avoid. We will guide you through the set procedures, timescales to be followed and deadlines to be met.
Fraser Dawbarns offer a range of exclusive leaseholder services, if you are looking to extend your residential lease, or if you are looking to purchase the freehold of your property (known as leasehold enfranchisement) we can help. Contact our residential conveyancing team today to find out more about the various ways we can help you.
Leasehold properties with fewer than 80 years left on the lease can be difficult to sell as many lenders will not lend against these properties. Fortunately, if you are looking to sell a leasehold property, it is possible to extend the lease.
As part of this service, we will explain your statutory rights which, usually, allow you to extend your lease by 90 years, and which is added to the remaining term. A premium is payable and we can advise you where to go to find a leasehold surveyor who can calculate the likely amount.
If you would like help extending your lease or with any other related leaseholder services, contact our team who will be happy to help you.
If you are looking to purchase the freehold with other tenants we can, again, advise you in relation to the statutory procedures and in relation to the participation agreements which tenants often enter into before going ahead. You will again need a leasehold surveyor to help establish the best premium to offer.
We can then deal with the notices and transfer. We will also handle the registration for you and can advise you on setting up a company or declaration of trust if they are needed. If you are looking to acquire the freehold of your property or would like to discuss any of our related leaseholder services, speak to us today to find out how we can help you.
Leaseholder Services Pricing
For a general idea of the cost of our leaseholder services, please see our residential conveyancing pricing page. Fraser Dawbarns tailor our service to your individual circumstances, so the best way to get an accurate quote is to contact our team who will be happy to provide you with a quote.
I cannot thank Samantha enough for helping me through what is a very stressful time having lost my dear husband in hospital and all the paperwork that is involved. I am grateful for her understanding.Client - Downham Market Office
Why Choose Fraser Dawbarns to Help You?
Fixed Fee Service
It is important to us that our clients know exactly what they will pay and the scope of the services they will receive at the beginning of the transaction. That is why Fraser Dawbarns offer a fixed fee service for clients who are buying property with no hidden costs or unexpected charges. When quoting for our service, we will also detail any fees that will need to be paid to other agencies. These include stamp duty land tax (SDLT), Land Registry fees, VAT and search fees.
Some people would prefer to have enhanced levels of contact during their property purchase. In order to accommodate the different requirements of our clients, we offer a choice of service levels so that you can choose the level of contact that best suits your needs.
Contact Us Today
Our team will help you from the beginning of your case to the end, giving you total peace of mind. If you would like friendly, client focused advice on a wide range of legal issues, get in touch and see how we can help you.
Call or email us today and find out how we can make your life easier.