News & Blog

Nulla porttitor accumsan tincid. Cras ultricies ligula sed magna dictum porta. Nulla quis lorem ut libero malesuada.

Latest News

Easter Garden Trail 2022

Toomey Legal are pleased to announce their Easter Garden Trail 2022. You MUST pre-book your space by the contact email. Limited spaces are available so book early to avoid disappointment. All participants will be entered into an additional Easter Prize Draw which will...

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...

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...

read more
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...

read more
So what exactly happens when you’re buying a property?

So what exactly happens when you’re buying a property?

Your Toomey Legal step-by-step guide.  1.Make an offer.   Or negotiate the price which is usually done via an estate agent. 2.Offer is accepted.  You would then need to instruct us to act on your behalf in the purchase. 3. Confirming Instructions.   We will confirm...

read more

Easter Garden Trail 2022

Toomey Legal are pleased to announce their Easter Garden Trail 2022. You MUST pre-book your space by the contact email. Limited spaces are available so book early to avoid disappointment. All participants will be entered into an additional Easter Prize Draw which will...

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...

So what exactly happens when you’re buying a property?

Your Toomey Legal step-by-step guide.  1.Make an offer.   Or negotiate the price which is usually done via an estate agent. 2.Offer is accepted.  You would then need to instruct us to act on your behalf in the purchase. 3. Confirming Instructions.   We will confirm...

Understanding Stamp Duty

Many of you many know that Stamp Duty Land Tax (SDLT) is a tax payable when you buy property or land over a certain price. Stamp Duty was introduced in 1694 as a way to raise monies for war against France. SDLT has of course, changed quite substantially since then and...

Lasting Power of Attorney for your Business

Many people have heard of Lasting Powers of Attorney for personal matters. Which allow you to give another trusted person the ability to deal with your finances and/or health decisions on your behalf. Most people, however, are not aware that you can also make Lasting...

How do I buy my freehold or extend my lease?

The procedure for both is broadly the same so I will try and keep it simple!  What will it cost?  PROBABLY A LOT LESS THAN THE “VALUATION” THE FREEHOLDER ASKS YOU TO PAY!  It is normally possible to get very significant reductions on the initial price offered so...