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If you are acquiring or disposing of a commercial property by sale, gift or inheritance our conveyancing solicitors can help. We will lead you through every stage of the acquisition or disposal process, keeping you continually informed of the work we do by regular text message updates.
Extensive Knowledge of the Property Acquisition and Disposal Process
Our extensive knowledge of the disposal of property process and thorough understanding of the legal issues you will face when going through the process primes us to deliver an unbeatable service. Our guidance is available for both sides of the transaction helping commercial property owners to understand the disposal process and, for individuals acquiring property, how your financial and business situation is affected by acquiring such assets.
Disposing a Range of Properties
From warehouses and office to former schools and churches, our teams have disposed of a range of properties. By being responsive to your first inquiry and thorough, our conveyancing teams get straight on, requesting title deeds and reviewing them so the process can move quickly.
What is Property Acquisition?
Property acquisition is the process of acquiring, or gaining, land from another party. In this case you are the one receiving the land and ownership will be transferred to you. It is important to instruct knowledgeable solicitors to complete your part of the process.
If you are acquiring property, it is important to understand the implications to your estate. There are many legal and tax implications to be considered when you acquire property. Whether you plan to sell the property or to rent it out, it important to consider how this will affect your finances and legal obligations.
Property Acquisition Solicitors
What is Property Disposal?
The disposal of property refers to the sale or transfer, and other forms as disposal such the alteration of a license or lease. In these cases, a property is moving hands either through sale or even by inheritance and there are many legal considerations for every party involved in to understand.
Property Disposal Solicitors
What Information is Needed to Prepare for Property Disposal?
To complete the property disposal process certain information must be collected. This includes:
- Deed information – If your property is not registered on the Land Registry, because it has not changed hands since 1990, you will need the original deeds as evidence of your ownership. If your property is registered, you can download the registered title
- Title information – Whether the property is freehold or leasehold, or mortgaged is essential to know.
- Third Party Information – Once the title deeds have been collected, whether or not you will need consent from a third party will be clear.
- Planning Information – If the property is affected by planning.
- Practical information – Whether or not there are any damage including water, smoke or fire damage or if an insurance claim has been made on the property.Material complaints can affect the property’s value, safety, or compliance.
- Adjoining or nearby property information – If the owner of the property is a Registered Provider, whether they own adjoining or nearby property should be determined.
- Social Housing Grant information – If they property was the recipient of a social housing grant and whether its sale would trigger repayment, grant recycling, reporting requirements to the Regulator, or the need for consultation.
- Any missing information or documents will be flagged by our solicitors who will work with you to collect all the information needed for successful property disposal.
Ready to start the Property Disposal Process? Or about to acquire a new property? Our teams are proud to offer a helping hand. You can request a callback from one of our conveyancing experts at a time which suits you now.
Our Property Acquisition & Disposal Service
We take the time to explain all legal issues fully and in plain English. If any tax planning is required, because of the property disposal process, we will assist you with this. We will be pro-active in progressing matters and work with other solicitors and estate agents in the housing chain to move your transaction forward quickly.
Thorough Due Diligence and Investigation
Our solicitors are thorough in the completion of due diligence activities regarding the properties. From collecting title documents, leases, to analysing planning permissions and environmental reports to investigating property history, our teams work hard to make the process smooth sailing.
Dealing with Third Party Rights
Third party rights include rights of light, rights of way and covenants. Our teams have a comprehensive understanding of these and can offer advice on how these will affect the acquisition or disposal of a property.
Drafting and Negotiation of Sale Agreements
Our conveyancing solicitors are experts in the drafting and negotiating of sale agreements. We have assisted many individuals on both ends of the transaction to draft and negotiate these agreements. We aim to get you the best deal and make sure you understand every aspect of the sale.
Cover of Ancillary Issues
During the process of property disposal there are common ancillary issues which crop up. This includes issues such as
- Stamp Duty Tax and VAT – we can help to reduce the amount you will pay and ensure you are aware of what you owe.
- Capital allowances – claiming these means you will pay less tax; we can help understand your legal rights and how to claim them.
- Property Warranties – We can help you to understand these statements from the seller and how they affect the property acquisition/disposal service
A Quick and Smooth Process
We do all we can to make sure your property disposal progresses quickly and smoothly for your peace of mind. Our solicitors will coordinate the whole process with you through to completion, including the exchange of contracts, payments and transferral of title deeds. Once the process is complete, we can provide assistance registering the transaction with the Land Registry. As with everything mentioned, if you are acquiring or disposing of a property, we provide the same expert advice.
Additional Services
- Right to Buy
- Buy To let
- Re-Mortgage
- Selling
- Other Services
- Equity Release
- Co-Habitation Agreement
- Lease Variation
Our Approach
The main goal of our property acquisition and disposal services is to make sure that you are understand and comfortable with the process. It can be dauting trying to wrap your head around complex asset and property management cases, so we offer a helping hand.
Our Work
Our conveyancing solicitors have years of experience completing property disposals for clients and have supported individuals acquiring property. Throughout our property acquisition and disposal services, you will be kept up to date with regular texts as our solicitors work closely with you to get the process done smoothly and quickly.
Our Clients
Our property acquisition and disposal services are open to anyone acquiring or disposing property. The right helping hand and conveyancing services streamline the process and make it easy for you.
Property Acquisition & Disposal FAQs
Material complaints in property refer to complaints that significantly impact the asset or property, such as structural defects, unresolved maintenance issues, or tenant grievances that require urgent attention. It is important to be aware of and for transparency around these complaints.
A Registered Provider is an individual who is registered as a landlord providing social housing. They are regulated by the Regulator of Social Housing (RSH) who register private and local authority providers.
