How important is location when buying commercial property?
When you’re buying a house, you consider the location it is in and how beneficial that area is to you, and the same applies to commercial property. In fact, it might be even more important to choose the right location when making a commercial investment as the success...
What does vacant possession mean?
If you are buying or selling a property, you might have come across the term ‘vacant possession’ as you start that journey. Whether a property is being sold with or without vacant possession it will have implications for the buyer. So, it’s important to know exactly...
What are commercial property standard enquiries?
At the start of any commercial property transaction, a prospective buyer will likely want to make enquiries to the seller in order for them to understand the property better. These are known as standard enquiries and come as forms that the seller will fill in to...
What is a bridging loan?
A bridging loan provides quick access to funds to those who need it temporarily like if they are buying a property at auction or are in a chain. However, pretty much all loans come with some element of risk and a bridging loan is no different, so if you’re considering...
What is a deed of variation on a leasehold property?
When you purchase a leasehold property whether that is a house or flat, it can be similar to renting in that there may be some restrictions in place that you would need to agree with the freeholder to change. That’s where the deed of variation comes in as it is...
What are Land Registry fees?
There are a number of fees and costs involved when it comes to buying a residential property, one of which is a Land Registry fee. Despite not being massively expensive in most cases it is still important to know what this fee is for, so you can understand why you...
What is buy to let conveyancing?
If you’re purchasing an investment property, you will need an expert buy to let conveyancing solicitor to guide you through and carry out the legal side of the transaction on your behalf. In this article, we will be exploring the key things you need to know about the...
What happens when a commercial lease expires?
A tenant’s legal position when their commercial lease expires will largely come down to if the lease adheres to the Landlord and Tenant Act 1954. Commercial tenants normally stay in a property when their lease has expired either because they are still in negotiations...