Our residential property team provides all the services you need, including buying and selling, mortgages, remortgage, equity release, lease extensions and enfranchisement.
We see it as our job to achieve what you wish to achieve, efficiently, but at the same time keeping you informed throughout the process. You will always be able to discuss the process of your matter with the fully qualified solicitor who will be handling it.
Residential Property Sales
We place an emphasis on giving you comprehensive sales advice when it comes to residential property sales. Our services include consultation on the current property market; liaison with the estate agents; setting of a closing date for offers; processing of conveyancing on the sale; and completion of financial settlement.
Residential Property Purchases
If you are looking to buy a residential property, we can advise you on all aspects of the purchase including overviews of the current market; advice on individual properties; guidance on offers and contracts; assistance with mortgages; advice on surveys and valuations; conveyancing of the purchase on completion of the contracts; and completion of the financial settlement.
In recent years, remortgages have become popular and, even in the present market conditions, many people are able to reduce their monthly payments by remortgaging. The main advantage of a remortgage is the saving that can be made through lower rates of interest and through your life insurance. By reviewing your mortgage and any insurance schemes and taking account of any changes to your personal circumstances, we can help find the correct package for your needs.
Transfer of Equity
If you have come to the end of a relationship with the person you jointly own a residential property with, we may be able to help. Transfer of equity on your home is one of our residential conveyancing services. Usually, properties are sold and divided between each party involved but with a transfer of equity one owner can agree to sell their interest in the property to the other. We can help you re-arrange your finances and facilitate the transfer of equity with both the lender and the other parties involved. We can assist in calculating the value of a property so that the outgoing partner receives what is due to them.
Enfranchisement and Leasehold Extension
Through enfranchisement, you and your fellow block residents can take control of the building you live in rather than leave it in the hands of a managing agent. Enfranchising your block will allow you not only to benefit from the financial rewards of not having to pay ground rent and arranging cheaper building insurance, but also enable you together with the other block residents to decide when works are carried out and by whom. We can help you initiate this process.
Esat Degirmen, Partner