Are you trying to buy your own home but find the prospect daunting due to escalating property prices? If you are exploring the possibility of buying a home using a shared ownership scheme then we are thrilled to introduce our team of specialised shared ownership solicitors, who are dedicated to helping you navigate the path… Continue reading A Different Path to Homeownership: Meet Our Specialist Shared Ownership Solicitors
Collective Enfranchisement is a process that allows tenants in the residential property to collectively purchase their freehold. This is great news for those who wish to take control of their own home, but it can also be a complex process. In this post, we will explore the rights surrounding Collective Enfranchisement, how it works and… Continue reading Collective Enfranchisement: Your Rights and How it Works
The tenancy in this context does not refer to the usual meaning where one pays a landlord to occupy the property for a period of time but rather refers to the ownership of a property. Ownership of property can either be solely owned or co-owned. And Co-ownership is either one of the two types, either… Continue reading Joint Tenancy -vs- Tenancy in Common – What is the Difference?
Overview What is a service charge apportionment? When a freeholder or management company arranges for shared maintenance and repairs of a building or estate this is usually charged back to the property owners on a monthly, quarterly or annual basis and an annual statement is usually produced. When the property is sold the contract… Continue reading Conveyancing service charge apportionments and retentions