Author: Ola Leslie Solicitors

Conveyancing for a Share of Freehold Property Conveyancing for a Share of Freehold property is very similar to a conveyance on a leasehold property and you can expect to incur comparable fees and experience the same type of complications. The main ones to be aware of are the delays which can be caused by the… Continue reading Conveyancing for a Share of Freehold Property

Buying a share of freehold property Clients and particularly first time buyers often get confused when they are interested in buying a property which is a share of freehold property, especially as this may be specifically marketed heavily (the freehold aspect) by estate agents. The concept is actually quite simple and where a share of… Continue reading Buying a Leasehold Property with a Share of the Freehold

What are Property Options? Property options are a way to control development sites with potential. In a flat property market, some developers are using property options to give them the right to purchase a property they believe offers opportunities for development. It is controlling and profiting from property without ever being the owner and it is… Continue reading Property Options

What is Flying Freehold? Basically, a flying freehold property is a property that covers part of an area which is part of another freehold property. A flying freehold occurs when part of a freehold property overhangs part of a different freehold property or land and it is usually formed when a property is split into… Continue reading Flying Freehold

A Conveyancing Search is the inquiry submitted to various authorities which provide you with more information about the property you plan to purchase. The authorities include Local Councils, the Environmental Agency, and Coal & Water Authorities. Searches provide crucial information which is essential in a Conveyancing transaction. The particular searches you require will depend on… Continue reading Conveyancing Searches Explained

  How much mortgage can you borrow? The amount of mortgage you can borrow depends on the following factors: Your mortgage needs: It is the amount you want to borrow in relation to the property’s value (also known as LTV, or loan-to-value). Mortgage lenders will specify an upper LTV limit for each of their mortgage… Continue reading How much mortgage can you borrow?

    First time buyer guide  The purchase of a house for the very first time can be very challenging. However knowledge and experience are the keys to successful property transactions. To help you demystify the process and get the most out of the purchase, we’ll examine what you’ll need to consider before you buy,… Continue reading First Time Buyer Guide

  The calculation of  Conveyancing fees may be daunting to a first time buyer, but they are in fact simple when broken down into their component parts. We will give you a full explanation of what conveyancing fee is, what you can expect to pay when buying, selling or remortgaging a property and some idea… Continue reading Conveyancing Fees Explained

Selling property at auction is the easiest and quickest way of selling property compared to the open market. It also can be the ideal way of ensuring that you gain the best possible price and avoid any last minute hitches. With property auctions becoming more and more popular, the increase in demand for auction properties… Continue reading Selling Property at Auction