Freehold

Conveyancing London Leasehold Houses – How to acquire the freehold if the freeholder is missing?

The Fridaysmove Conveyancing London Team have received an increasing number of leasehold house owners in London who want to acquire the freehold of their house but the freeholder in missing.The Leasehold reform Act 1967 enables leaseholders, if they qualify, to apply to the County Court to acquire...

Birmingham Lease Extensions on the Increase

Fridaysmove Birmingham Conveyancing Fridaysmove Team have been reporting  an increased number of calls relating to lease extension in Birmingham and the Midlands. Leasehold conveyancing in Birmingham is becoming more and more  problematic as an increasing number of apartments come onto...

Leasehold Houses in London - Conveyancing London Properties

Over 200,000 houses in England and Wales are held on long leases. Many of these are based in the South East of England and in particular in Central London. Many of the leases for houses in London  date back to the 1800’s. The freeholds are often owned by the large estate owners such a...

10 Reasons Why Leasehold Conveyancing is more complicated than Freehold Conveyancing.

Is the property that you want to buy leasehold or freehold?  A property that is freehold is owned outright by the owner. On the other hand the owner of a leasehold property owns the lease but only for the unexpired remainder of the term granted by the lease and at the end of this period the...

Why is leasehold conveyancing so much more complex than freehold conveyancing process?

When purchasing a property with freehold title, on completion you will own the property and the land it is situated on, outright.  You purchase the property from the seller, and in the majority of cases, no third party is involved in the transaction.  When purchasing a leasehold property,...

The nature of leasehold property

There are some 900,000 leaseholders of houses in England and Wales, and over 1 million leaseholders of flats.Leasehold tenure is heavily concentrated in particular regions: over half of all leasehold houses are in the North West/Merseyside so you are best advised to instruct a Merseyside...

Tenure

The method by which property is owned. There are 3 types of tenure:    freehold, leasehold and...

Flying Freehold

When part of one property is built on top of part of another property and so the upper property owner does not own the building or land underneath the "flying" part e.g. where part of an upper floor room is built over part of a neighbour’s ground floor room.

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