Property & Conveyancing Lawyers
Whether you’re buying a new home, remortgaging or selling your current property, a Liverpool conveyancing lawyer can help you get the deal done. Their experience can be invaluable during a stressful time, and they can help you avoid any potential pitfalls or unwanted surprises.
A typical transaction starts with an offer being accepted by the seller and both parties instructing their solicitors. These solicitors will then carry out the necessary checks to confirm there are no problems with the property.
Buying a property
If you’re thinking of investing in property, then Liverpool is one of the best places to go. With a low house price and high rental yields, there are plenty of opportunities for investors to get a great return on their investment.
With billions of pounds spent on regeneration projects, there has never been a better time to buy in Liverpool. From new docks to shopping centres and stadiums, there is a wealth of investment coming to the city.
Property in Liverpool is in demand, particularly high-end, centrally based accommodation. It’s also a popular choice for students and young professionals due to its culture, sport and nightlife.
Selling a property
Selling your property can be a long and often tedious process. It can take months and months before you find a buyer, and once you have one it can be a frustrating wait for the transaction to complete.
The best way to ensure that the property sale goes smoothly is to appoint a property & conveyancing Liverpool solicitor to act on your behalf. This will speed up the process and reduce the stress on you and your family.
A good Liverpool conveyancer will have a methodical approach to their work and will be fast, efficient and cost-effective. It is important to keep communication clear and to share any relevant information with your lawyer at the start.
Buying a leasehold property
Buying a leasehold property is a popular option for many buyers. This is because it allows first-time buyers to buy a property, even at an expensive price point.
It can also be an ideal retirement solution for those on a fixed income and looking to downsize. It’s less complicated than owning a freehold property, and it’s available in many locations around Liverpool, including a few within the city centre.
There are some risks to buying a leasehold property, however. Firstly, the length of time left on the lease can reduce its value over time. Secondly, leases can be subject to periodic renegotiations which can make financing difficult.
Buying a freehold property
When buying a property, it is important to consider the tenure. This can have a major impact on the purchase price of your home and can make or break a sale.
There are two different types of legal ownership: freehold and leasehold. Buying a freehold property can offer more peace of mind as it gives you full ownership over the building and its land.
Buying a freehold can also give you more control over the running of the building and your costs, such as service charges or buildings insurance. However, it can be more complicated if the property is a flat, as you will need to get all the other leaseholders involved in the process.
Buying a commercial property
When you are looking to purchase a commercial property, you need a good legal representative who will ensure that all the legalities are taken care of. They will also make sure that any land tax or mortgage finance is arranged, and that the funds from the sale are transferred.
Buying a commercial property is a great investment that can provide a stable and high return on your money. Depending on the location and the type of property, you could see up to 12% annual returns.
Avison Young's Liverpool office has a broad commercial real estate practice that works with tenants, occupiers, and investors to help them achieve their goals. Our team has completed major space leasing and commercial building investment sales transactions across all asset types on behalf of clients.
