Whether it’s a new home or an additional income property, a residential lease can be complex. Like all leases, you will be taking on legal obligations which you should understand in order to be happy with it.
Buying a leasehold property can also be complicated, and you must always look at how long the lease has left, as lease extensions can be costly. Selling a home with a leasehold can be complicated too, with laws changing all the time, so it’s always best to seek advice as mistakes can be costly.
Shared ownership is when you buy a percentage of the property and lease the other percentage from the freehold owner. There are options to buy a bigger share of the property at a later date, but you must be aware of any service charges or hidden costs which may be contained in the lease or the agreement for the shared ownership. Let us help you navigate this complicated area.
WILLS & PROBATE
Here to help
Our specialist team can provide full service legal advice and assistance, giving practical and cost-effective solutions.
Marlborough Law is special because...
We live and work locally and our reputation is paramount to our continued success. We take as a matter of pride our ability to retain clients.
We have legal experience in a breadth of matters, but we also have something few lawyers have: a depth of business, commercial and life experience that allows us to provide practical legal advice and solutions that suit your needs.
Our team consists of Solicitors, although capable in most areas of law they are specialists in their chosen fields.
Low Cost Legal Solutions
It is our aim to provide a legal service that is affordable and our business is set to do just that. We will advise as to the likely cost of any matter and because of our more personalised approach we are able to provide an efficient and tailored service to each client without the additional costs of many larger or traditionally setup lawyers.