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Latest News
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...
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...