Property Department
Our Property Department deals with the following matters:
- 1. Sales and Purchases of Freehold, Leashold and Commonhold Properties
- 2.Mortgaging and Re-mortgaging
- 3.Licenses for Alterations and Additions and for Licenses to Assign
- 4. Option Agreements
- 5. Right to Buy
- 6. Shared Ownership Schemes
- 7. Auction Sales and Purchases
- 8. Equity Release Schemes
- 9. Assured Shorthold Tenancies
2. Mortgaging and Re-mortgaging of Residential Properties
We are on the panels of the major banks and other financial institutions and will therefore often also be instructed to act for them as well as acting for you.
We know their requirements and can therefore progress your matter swiftly.
We can advise you on the terms of the mortgage you are taking for example:
Whether or not there are penalties for early redemption
Whether there are changes to the interest rate if you default on your payments
Whether the obligations under the mortgage extend to other debts which you may have with the lender