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Selling your home can typically take weeks or even months. Our specialist team will support you through every aspect of this process and ensure that everything runs as smoothly as possible, with all of your legal obligations fully met.
Straight Forward Legal Advice
When you are considering selling your home or any other residential property, you need honest and straightforward legal advice from a firm that you can trust.
At Ackroyd Legal, our team of expert lawyers have diverse legal expertise and practical experience, having already spent many years at the heart of the ever-changing central London market. The firm actually began life as an estate agent, and we are therefore able to offer an unrivalled level of legal expertise and market insight when it comes to selling residential property, in London or anywhere in the UK.
Whether the property is freehold or leasehold, we offer a full range of services, including conveyancing, remortgaging, transfers of equity and equity release schemes.
Selling your home may seem daunting at first, especially if you are looking to buy at the same time to form a property chain. However, every sale is different, and many cases now arise in difficult circumstances, for example, when a client has to sell their home or other family property in order to fund residential care.
Expert Conveyancers
Having the right support from the outset is therefore essential, and you can count on us to guide you through the entire process and provide sound and practical advice to enable you to make the right decisions. We are proud to provide a personal service that is tailored to your individual circumstances and will work with you with the aim of achieving the right outcome for you and your family, whatever the situation.
Most properties are freehold
Most houses in the UK are ‘freehold’ properties. This means that the owner, or freeholder, can do whatever they wish, subject to planning regulations. There are however a few exceptions, including:
- If it is a ‘listed building’
- If the property is situated within either a conservation area or an area of outstanding natural beauty
-
For certain new builds, permission may be
needed to restructure the property
Leasehold properties
Most UK flats are sold as leaseholds, meaning that the buyer will own the property for a specified number of years, as set out in the lease. The duration of a lease can vary from 99 to 999 years, and the property can still be bought and sold during this time.
When selling a leasehold property, who is the freeholder?
The freeholder is the person or company that owns the property. The leaseholder is the person purchasing the lease. They are responsible for paying yearly ground rent to the freeholder and for any property maintenance or repairs that are required.
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Head Office of Ackroyd Legal (London) LLP
Registered office of Ackroyd Legal Ltd.
16 Prescot Street,
London, E1 8AZ
Ackroyd Legal is a trading style/name of Ackroyd Legal (London) LLP , which is authorised and regulated by the Solicitors Regulation Authority, SRA No. 554585 and is a LLP registered in England & Wales, Company No. OC360125; VAT no. 445717436;