Leasehold Property. The Essentials
We handle residential conveyancing transactions on a daily basis, including freehold, leasehold and new-build properties across the Fylde Coast.
Leasehold conveyancing involves additional legal complexity. In England and Wales, leasehold ownership means owning the right to occupy a property for a fixed period, rather than owning the land itself.
Leasehold transactions require careful review of the lease, including ground rent, service charges, repair obligations, and management arrangements. Some leases contain clauses that can create unexpected future costs.
At MJV Solicitors, lease terms are reviewed thoroughly so risks are identified before exchange of contracts.