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Key Considerations When Buying Commercial Property

The right commercial property investment can take your business or property portfolio to the next level. However, the process can be complex, and buyers should expect to face legal and logistical challenges.    Thankfully, you can avoid unnecessary difficulties and...

What do conveyancing solicitors do?

Conveyancing is the legal process of transferring property ownership between two parties.  There are two types of conveyancing - residential and commercial. This article explores the key differences between commercial and residential conveyancing, detailing the unique...

Toomey Legal Flow Chart

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...

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What is the problem with leaseholds?

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...

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What is Leasehold Property?

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...

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Key Considerations When Buying Commercial Property

The right commercial property investment can take your business or property portfolio to the next level. However, the process can be complex, and buyers should expect to face legal and logistical challenges.    Thankfully, you can avoid unnecessary difficulties and...

Recent Trends in Commercial Property: What Businesses Should Know

The UK's commercial property market has shifted since the Covid-19 pandemic in 2020. Increased demand for sustainability and accessibility means businesses face a changing landscape where environmental and people concerns are paramount.  This article explores five...

What do conveyancing solicitors do?

Conveyancing is the legal process of transferring property ownership between two parties.  There are two types of conveyancing - residential and commercial. This article explores the key differences between commercial and residential conveyancing, detailing the unique...

5 Top Tips for choosing the right commercial conveyancing solicitor

Whether you're an experienced business owner or a first-time investor, commercial conveyancing is vital to successful, compliant property transactions.  In this article, we'll explore the essential factors to consider when purchasing commercial property. From location...

Tips for First-Time Buyers in Commercial Real Estate

Although 2024 was a low point for the commercial real estate market, research from industry experts CBRE suggests that investment will increase by around 15% this year. Combined with their forecast of 1.8% growth in the UK economy, 2025 looks set to be a good time for...

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...

Stamp Duty change in April: How this may impact you

 Stamp Duty Land Tax (SDLT) rates change on April 1, 2025.   Buying a house after this date could significantly increase the cost of your purchase, making it crucial to act before the changes take effect.    Before we explore the impact of the rate change, let’s...

How much does commercial conveyancing cost?

 Commercial conveyancing tends to be more complex than residential transactions and, as such, more expensive.    It's vital that business owners, investors, and landlords understand commercial conveyancing costs to achieve effective budgeting and financial planning.  ...