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Types Of Commercial Conveyancing
Commercial property transactions can be complex, with different legal processes depending on the property and negotiation type. From buying and selling to leasing and refinancing, commercial conveyancing ensures transactions are above board and protect your...
Residential Conveyancing Costs: What to Expect and How to Budget
When purchasing a home in the UK, understanding the costs associated with residential conveyancing is crucial for effective financial planning. Conveyancing encompasses the legal processes involved in transferring property ownership, and the associated costs can vary...
Commercial Conveyancing Costs
What to Expect and How to Budget Engaging in commercial property transactions—whether purchasing, leasing, or selling—requires a clear understanding of the associated legal costs. Proper budgeting is essential to ensure a smooth process and avoid unexpected expenses....
Toomey Legal Flow Chart
Step 1 Your offer is accepted, and you instruct a Conveyancer. We open a file and send a client care pack for you to complete and return. UK ‘national average’ for the Conveyancing process is 12-16 weeks. Step 2 We will receive the contract documents from the seller’s...
What is the problem with leaseholds?
To answer that you first need to know: What is the difference between freehold and leasehold? IF YOU OWN THE FREEHOLD, YOU OWN THE PROPERTY INDEFINITELY. IF YOU OWN THE LEASEHOLD THEN EVENTUALLY THE LANDLORD WILL GET THE PROPERTY BACK. The problems flow really...
What is Leasehold Property?
There are two ways to own property: Freehold and Leasehold. A Freehold is when you own the property indefinitely, with Leasehold property you have the right to the property for only the length of the Lease. The Lease is granted by the Freeholder so when the Lease...