Buy to let

Auction

Business Leases

Granting a lease

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

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 and will ensure that you are keep fully informed on 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 feel free to telephone 020 8847 8611 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.   It is however important that you are well advised with regard to your proposed investment to ensure that you can afford the outgoings and that the property is well placed to be rented out as often as possible.

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.  

Auction
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you are committed to going ahead with the purchase as soon as the hammer comes down and neither party can thereafter withdrawn without incurring severe legal penalties.

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 £250.00 plus VAT.

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 including any restrictions or monies payable in respect of ground 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 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 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 for the Lessee to carry out all expected 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’s conveyancer 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 of obligations on behalf of the Landlord or advising you in the event of any dispute arise with the lessee.  

 

Our own Estate Agents J Scollan & Co Property Shop will be able to help you with finding a purchaser or a tenant for your business premises please telephone our Sales Manager, Alun Graham, on 020 8932 4245, for further information and to arrange for a free no obligation valuation of your premises.