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Buying a Property

Buying a property is a significant milestone in life, marking a new chapter and a solid investment in your future. Our team ensures a quick, efficient service that protects your rights and minimises stress. Here we outline the different ways to buy a property and key considerations for each to help you make informed decisions.

Buying a Property

Investing in a property is a crucial decision. Let Williamsons simplify the legal process for you. Our team ensures a quick, efficient service that protects your rights and minimises stress.

Buying a property at auction can be a cost-effective way of getting onto the property ladder or increasing your property portfolio. It can also be a daunting process. We can assist and guide you through the complexities of the auction process.

Let us check the legal pack for you. Properties in auction are often unmortgageable, have loopholes or hidden costs associated with them i.e. inadequate rights of access, Japanese knotweed, tenants that will not vacate, extortionate service charges to name but a few. By instructing us to check the auction pack in advance of the auction, any issues can be brought to your attention quickly.

The Right to Buy Scheme affords public sector housing tenants the chance to own their home at a discounted rate. Our advisors are at hand to help you understand eligibility requirements and the steps involved, facilitating the transition from tenant to homeowner.

Acquiring a repossessed property can often be more complex due to the nature of the purchase. Our team stands ready to provide rigorous legal support, ensuring that your investment is protected and due diligence is meticulously conducted.

Purchasing a New Build off-plan is an exciting prospect, and our role is to safeguard that excitement by addressing all legal details before your property is even constructed. With our tailored advice, we ensure that you are financially safeguarded against any potential risks associated with off-plan investments.

The distinction between leasehold and freehold can have significant implications for property owners. Our comprehensive counsel will provide clarity on your rights and responsibilities within these oft-misunderstood property types, enabling you to make choices that best suit your long-term interests.

The allure of owning a freehold flat is strong, bringing the promise of control over your living space without the ties of leasehold agreements. However, this type of property comes with its own set of complexities due to the nature of its construction and ownership structure, where freehold titles for flats are literally stacked one on top of another. It’s a path filled with potential legal challenges, from the division of maintenance responsibilities to insurance considerations. Our firm possesses the expertise to guide you through these difficulties, ensuring that your investment is sound and your rights are secured.

For those aspiring to step onto the property ladder, Shared Ownership is a viable option. Our team is dedicated to clarifying the terms of the scheme and its potential for future full ownership, ensuring you understand both the benefits and limitations that come with a partial property purchase.

Transferring property ownership as a gift is a generous gesture that can have significant implications for both the giver and the receiver. This process allows a property to change hands without financial transactions but is not without its considerations. From assessing the impact on estate planning to understanding potential tax implications, it’s crucial to approach this decision with a clear and informed mind. Our skilled team can provide the guidance needed during this process, helping you understand the nuances of property gifting, ensuring that all legal requirements are met, and advising on the potential long-term impacts.

Joint ownership of a property is a popular choice for many, offering a way to share the burdens and benefits of property ownership. However, this shared venture comes with critical decisions regarding how ownership is structured, whether as joint tenants or tenants in common, with significant implications on rights to the property and distribution upon sale or inheritance. Disputes can arise, making it crucial to have clear agreements and understandings from the outset. Our firm can assist in clarifying these legal distinctions, drafting agreements that reflect your specific wishes and safeguarding your investment for the future.

Entering a co-ownership arrangement without a Declaration of Trust can be risky. Our legal expertise extends to crafting detailed Declarations of Trust that protect your investment and outline clear financial agreements, minimising future conflicts and contributing to harmonious cohabitation.

We are here to partner with you on your property-buying adventure, advocating for your interests and demystifying the legal intricacies of each step. For detailed guidance tailored to your unique case, contact us. Our confident, professional, and approachable team will handle the complexities so that you can focus on the joy of your new property.

Contact Williamsons Solicitors on 01482 323 697.


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Advice & Articles

Have a read through some related articles


What’s the difference between a Leasehold Property and a Freehold


What’s the Difference Between Joint-Ownership & Co-Ownership?


Considerations when buying a new build property


Is ‘Gifting a Property’ Right For You?

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