We know that when you are running a business your time is valuable and it is particularly important to ensure that the firm dealing with your conveyancing will be able to act efficiently on your behalf and also to explain things to you in a clear and precise way to ensure that you understand the obligations you may be entering into.
Most business premises are leasehold and this firm has a wealth of experience in dealing with both the sale and purchase of commercial premises to enable us to ensure that you are fully aware of all your obligations and to negotiate the best Lease terms on your behalf. All commercial transactions are dealt with by a partner in the firm who will always be available to keep you advised of the progress of the transaction.
As the work involved in commercial conveyancing can vary enormously we are not able to offer fixed fees for this service as with our residential conveyancing we are however happy to provide you with details of our charging scale and in most cases will be able to provide you with an accurate estimate based on our experience of similar transactions.
Please telephone 020 8579 9933 to discuss your requirements in more detail.
Buy to let
Purchasing a property to rent out giving both an income and future investment has become a popular form of saving in recent years. In the current economic climate it is more important than ever that you are well advised before you commit to your purchase to make sure that the proposed investment will meet your requirements in terms of income and/or long term investment.
We have a number of regular clients purchasing property on a Buy to Let basis and can offer you considerable advice both before and during your transaction.
The requirements for obtaining a Buy to Let mortgage are different from those in connection with buying a residential home and we can advise you with regard to these requirements and we are often aware of products available from local lenders or specialist lenders offering exclusive deals.
Auctions
If you are considering purchasing a property at auction either as a home or for investment purposes it is essential that you contact us to discuss your proposals prior to the date of the auction.
It must be remembered that once you bid for a property at auction you are committed to going ahead with the purchase as soon as the hammer falls and neither party can thereafter withdraw without incurring severe legal penalties.
Most properties offered for auction will legally require a Home Information Pack to be available and this should be obtained from the auctioneers before the auction. We would recommend that you purchase our pre auction report which will check all the title and searches available in the Home Information Pack so as to be able to advise you on any adverse matters or just as importantly to advise you of any potential matters arising which have not been clearly revealed. Much of pre auction reporting is experience in reading between the lines. In the event that you are succesful at the auction our pre auction report charge is set off against our usual conveyancing fee.
Completion of a property purchased at auction usually takes place after 28 days so it is important to ensure that you have in hand all your financial arrangements prior to the date of the auction.
We can offer you a pre-auction legal service whereby we can examine all the documents available from the Auctioneers and report to you on the property for a fixed fee of £350.00 plus VAT. In the event that you purchase the property at the auction this fee will be deducted from our usual conveyancing fee.
Business Leases
When purchasing leasehold property it is particularly important that you are aware prior to your purchase of all the obligations contained in the Lease such as maintenance and repair of the premises and any restrictions or monies payable in respect of rent or service charge.
We will make full investigations on your behalf and ensure that you are fully aware of all the responsibilities contained in the Lease and will ensure make sure that the current lessee has met all their obligations so that you will not inherit any problems with the Landlord either due to a dispute or outstanding financial obligations.
Please do not hesitate to contact us to discuss your business premises requirements.
Granting a lease
Where you are the freehold owner of a property and wish to grant a Lease, either for business premises or for residential premises, we can assist you in drawing up a Lease. We will ensure that the Lease adequately protects you as the Landlord and ensure that all appropriate provisions are contained in the Lease for the Lessee to carry out all necessary obligations.
Once the Lease has been drawn up we will discuss the wording with you to ensure that the same meets your requirements and will deal with all enquiries raised by the purchaser’slawyers in connection with completing the grant of the Lease.
We can continue to assist you as Landlord after the grant of the Lease either generally with regard to the carrying out the obligations on behalf of the Landlord or advising you in the event of any dispute arise with the lessee.