Details.
Legal service for purchasing leasehold residential property. Includes taking instructions and providing initial advice, checking finances and contacting lender's solicitors if needed, reviewing contract documents, carrying out searches, making enquiries of the seller's solicitor, advising on documents and mortgage conditions, preparing the transfer, advising on joint ownership, completing pre-completion searches, exchanging contracts, completing the purchase, dealing with Stamp Duty Land Tax or Land Transaction Tax, and registering the property at the Land Registry. The average process takes 6 to 8 weeks, although timescales can vary. The service assumes a standard transaction, assignment of an existing lease, no unforeseen complications, no indemnity policies, and timely cooperation from all parties.