Leasehold Property Conveyancing Solicitors

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A leasehold property means you don’t own the property outright – instead, you lease it from the freeholder (often referred to as the landlord) for a fixed period. These leases can range from 40 years to as long as 999 years, with 90 to 120 years being most common. It’s vital to understand the lease’s remaining term, as a shorter lease can significantly reduce the property’s value and impact your rights as a homeowner.

In a leasehold purchase, the property returns to the freeholder once the lease expires, which is why reviewing the land registry leasehold details is so important. Legal protections now give leaseholders the right to extend their lease or renegotiate its terms – especially regarding responsibilities for repairs or service charges. Documentation such as the leaseholder deed of certificate is essential to verify your rights and obligations under the lease.

Buying or renegotiating a leasehold can be complex, so working with an experienced solicitor is crucial. At Liddy’s, we specialise in guiding clients through the nuances of leasehold property transactions with clarity and care.

We offer a personal, fixed-fee conveyancing service with full cost transparency from day one. Your quote will include all expected costs – such as Stamp Duty Land Tax, Land Registry Fees, and Search Fees – so there are no surprises along the way.

To find out more about how we can aid in your leasehold conveyancing process, or renegotiation, then just call our Wakefield office on 01924 366 896, the Barnsley office on01226 731 314  or contact us here.