Completion of Leasehold Property by Warrington Conveyancing Team

by Tony Lilleystone, Legal Manager
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In September 2010, the Fridaysmove conveyancing team in Warrington completed the instruction for a leasehold property in Birch Grove, Paddington, Warrington valued at £179 000,00.

A leasehold property , is normally that of a flat which is owned  fundamentally within a long term lease.  This lease is normally a nominal charge each month along with a “levy” that covers the maintenance of the building and grounds.  Most terms are between 99 and 999 years and are renewable. In this case it was recommended by the Conveyancers in Warrington that the lease was renewed to ensure the property retained its value.

Through the standard searches undertaken by the conveyancing team in Warrington, it was discovered that there was a missing deed relating to this property and there was a need to further investigate whether this would either not affect the property or indemnity insurance was required. 

The property falls under the local authority of Warrington Council, the estate agent used was Ashtons covering Warrington and the sellers Conveyancing solicitors in Warrington was George Dickens Solicitors. 


 

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