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Latest News
The Role of Commercial Conveyancing Solicitors in Lease Negotiations
Whether you're a landlord looking for a stable tenant or a business looking to set up a long-term base, lease negotiations are a key element of commercial property transactions. Commercial conveyancing solicitors play a pivotal role in arranging a solid lease...
How to prepare for a commercial property purchase
Recent data from Rightmove shows an 11% rise in commercial property investment compared to the previous year. This increase marks the biggest quarterly leap in demand since 2021, indicating a buoyant market for potential investors. With the market performing well,...
The advantages of working with a local commercial conveyancing solicitor
The commercial conveyancing process involves legal complexities that a qualified solicitor with local expertise can help you navigate. They'll manage risks, negotiate terms, and ensure compliance with national and regional regulations. Their local knowledge can...
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...