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Residential Property

Buying a flat with a share of freehold

Conveyancing clients often get confused when they are interested in buying a flat which has a 'share of freehold'. The 'share of freehold' aspect is usually marketed heavily by the estate agents especially in London. The confusion sometimes comes from the fact that 'freehold flats' are generally not considered good security for lenders and, save in specific parts of the country, are unusual. A 'share of freehold' is sold with the leasehold flat - the leasehold interest is retained and is still the most valuable part but you also aquire a separate shared title or ownership in the freehold.

Last Updated ( Thursday, 25 April 2013 14:55 ) Read more...
 

Moving Home Quote from a Conveyancing Quality Scheme (CQS) Firm

Customer care, professional standards and excellent client service are all hallmarks of The Law Society’s Conveyancing Quality Scheme (CQS). The residential property department at kenneth elliott + rowe has been officially recognised as a member of the scheme.

Last Updated ( Tuesday, 11 December 2012 12:47 ) Read more...
 

Selling a Probate Property

Probate Sale? Selling a probate property? Acting as an executor in a sale?  Want to know if you can sell before probate is granted? Selling a jointly owned property when one owner has died? What are the legal fees on a probate sale? We can help to guide you through the steps required.

Do you need Probate to sell your property?

The first question to ask is do you actually need to go to the expense of obtaining probate. If a loved one has died and a surviving husband, wife or partner wants to sell the property a simple check on the title deeds can usually identify what documents or additional steps are needed to sell the property.

If the property is in joint names and one of the owners is still alive then invariably the property can be sold without the Grant of Probate.

Last Updated ( Monday, 17 December 2012 21:16 ) Read more...
 

Transfer of Equity

If you are removing a name from the title deeds and/or adding a new name this is commonly referred to as a transfer of equity. We provide a fixed cost conveyancing quote for a change of ownership provided this is agreed with your co-owner.

Our fees and disbursements for dealing with the matter (which include acting for your mortgage company and dealing with the stamp duty land tax forms required) are as follows:

Last Updated ( Tuesday, 20 November 2012 15:50 ) Read more...
 

Buy to Let - Tenancy Deposits and Prescribed Information

After a few recent cases on Tenancy Deposits favouring landlords the initial warnings about failing to comply with the legislation have dropped off the radar for many residential buy to let Landlords. A recent case of Ayannuga v Swindells (2012) is seen by many as a wake up call.

This Court of Appeal decision dealt with the issue of 'prescribed information' (i.e. the information the Landlord must give the tenant within 30 days of taking the deposit - see checklist below).

Last Updated ( Tuesday, 20 November 2012 14:18 ) Read more...
 
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