Category: Conveyancing
Leasing a commercial property is a significant step for any small business. Whether you’re opening a retail shop, office, or industrial space, the lease agreement you sign will govern your rights and responsibilities for the duration of your occupation. For many small businesses, navigating these leases can be a bit of a minefield. In this […]
An overage agreement serves as a strategic tool designed to safeguard the seller’s future interests. This contractual arrangement allows the seller to potentially receive additional payments if specific conditions – often tied to the property’s future value – are met after the sale. Whether it’s due to new planning permissions, land use changes, or successful […]
There are many steps involved in the initial stage (which we often call the initial instructions) of conveyancing. Here we attempt to break them down into easy-to-understand and digestible steps. Step 1: How do I get a conveyancing quotation? Obtaining a quote is easy. You can get a quote by using our online calculator, or […]
Converting a commercial property into a residential space can be a lucrative investment, but it involves several legal and practical considerations. Here are seven crucial things to look out for. 1. Planning Permission and Permitted Development Rights Understanding whether your property conversion falls under Permitted Development Rights (PDR) is crucial. PDR allows certain changes without […]
Most people understand that Stamp Duty Land Tax (SDLT) is a tax that you pay when you purchase residential or commercial property. Many people aren’t aware that it is also payable, subject to minimum thresholds being met, by a tenant upon acquiring a new commercial lease. SDLT is imposed on the value of the lease […]
In commercial property leasing, the Landlord and Tenant Act 1954 stands as a cornerstone statute, particularly concerning security of tenure – a concept that holds significant implications for both landlords and tenants. Let’s delve into what security of tenure entails under this landmark legislation and why it’s frequently excluded from commercial property leases. What is […]
If more than one person owns a property, then they can legally hold this in one of two ways – either as joint tenants or tenants in common. But what is the difference between the two and what does it mean for you as a joint owner of a property? If you were to hold […]
It’s National Conveyancing Week this week, a week long campaign designed to help people better understand the conveyancing process. Today is our final Blog of the week where we discuss the importance of providing excellent client care and service when you are buying or selling a property. At Thornton Jones Solicitors our team embodies our values of […]
It’s National Conveyancing Week this week, a week long campaign designed to help people better understand the conveyancing process. Today, in collaboration with Mike Dobson Estate Agency, we help you understand a little better what to expect when you are completing on a property purchase. So, you’ve exchanged contracts and completion day has finally arrived! But what is […]
