What checks are done when renting a property?

What checks are done when renting a property?

When renting a commercial property it is important that you ensure you have checked the property thoroughly before even considering signing a contract.  It is worth carrying out your own checks before you instruct a surveyor. You’ll be able to get a decent...
What is the purchase of a leasehold property?

What is the purchase of a leasehold property?

If you buy a leasehold property you will only own the lease for a certain number of years. Usually the lease is long term, ranging anywhere from 99 – 999 years. You will have a legal agreement with the freeholder (who is in effect the landlord), this will stipulate...
Who holds the deeds to a mortgaged property?

Who holds the deeds to a mortgaged property?

The land registry holds digital records of land and property when it is registered for the first time. The originals are sent back to whomever lodged them. If you are trying to find your title deeds, they may well be with the solicitor that acted for you when the...
What is a freehold property?

What is a freehold property?

If you purchase a freehold property you become the sole owner of the property and the land. This means that you will be responsible for the maintenance and repair of the building but you will not be liable to pay ground rent, service charge, or any other fees that...
How to buy a small business

How to buy a small business

Starting your own business from scratch and building it up into a profitable enterprise can take years of hard work. That’s why many people with aspirations to own a business often decide to buy a pre-existing small business rather than starting with a blank...
How to buy a business

How to buy a business

If you’re thinking about buying your own business then you are bound to be excited, and rightly so. A new chapter is about to begin. But, how do you go about it, and what should you consider. Take a deep breath. So, how do you buy a business, and what are the...