The experience of the property department means that they are capable of working on single transactions and/or related transactions involving both a purchase and a sale. All members of the property department are qualified in acting on Freehold, Leasehold and part ownership/housing scheme properties.
The firm is registered on the panels of most of the major mortgage lender and are therefore able to act on purchases and remortgages ensuring an efficient service is always offered.
The property department has acted on behalf of tenants and landlords in negotiating and drafting the appropriate documentation to obtain an extended term to a current lease. We work closely with surveyors to ensure the best premium is paid at all times. Also we work closely with a litigation firm on all applications needing to be made to the Leasehold Valuation Tribunal.
Over the years the property department has helped to draft many tenancy agreements on behalf of clients. They also manage properties on behalf of their clients ensuring maintenance is undertaken and the rent collected.
This is the process whereby tenants purchase the freehold interest in the building. The property department can advise on the process of purchasing the Freehold of a block of flats and also on the most efficient way the tenants can proceed. Together with the commercial department, companies can be created for the benefit of the tenants and then the Freehold purchased in the name of the company. In the same way as was explained for the lease extensions, the firm would wok very closely with surveyors in negotiating a suitable premium to be paid.