Edward Hands and Lewis is now a nationally-acclaimed body. For over a hundred years Edward Hands and Lewis has been an established solicitors in the Leicestershire area, but now we have branched out across the UK.
In Property Law UK there are two main estates in land which are Leasehold and Freehold. Many people are confused as to the distinction between the two and worry that if they are buying a Leasehold property that their rights are somehow less than that if they were buying a Freehold property.
When you buy a Freehold you purchase that property outright, in other words, nobody except yourself has any rights to occupy or make use of that land. That property is yours forever, well, until your death at least, when it will pass to whoever will inherit your estate.
With Leasehold property you are buying the land/property for a period of time, now that may be a very long period of time, up to 999 years for example. Again you would own the property for as long as you wanted and could pass it on to whomever you wanted through your will. At the end of the 999 years, you or your heirs would have exhausted your ownership and would pass the property back to the Landlord.
Your rights in the property for that period of time are broadly the same as that if you purchased a Freehold. The only caveat to this is that the lease may impose a greater number of restrictive covenants on you than you would find on a freehold property. These would be imposed to make sure that if buying say in a block of flats that you don’t do anything which would annoy your neighbours or affect the common areas of the block.
To get the ball rolling with buying a house, complete our online conveyancing enquiry form.
Click on the links below to find out more about:
At Edward Hands and Lewis we pride ourselves on our quick response time and there are several ways you can get in touch, whatever the method, we will make sure we get back to you as soon as we can and get to work on your case.
We offer a free initial assessment so you know that you have found the right people for the job. Contact us and no matter what your enquiry is about, we will find the right person to deal with your case.
We make our prices fully transparent so our clients know exactly what they’re paying for throughout the process. We also offer fixed-fee services so you know the full costs from the outset.
Our solicitors are approachable and helpful and understand that legal undertakings can be incredibly stressful. We pride ourselves on excellent client service which has been recognised year on year by our Lexcel accreditation.
We know you may not be available within standard working hours, which is why we make ourselves available for out of hours appointments.
At Edward Hands and Lewis several of our specialists are multi-lingual in the following languages: Punjabi, Hindi, Urdu, Gujarati, Serbo-Croation, French, Italian, German, Swedish. For any other languages, the services of translators may be appropriate.
At Edward Hands and Lewis we have an award winning team to deliver legal services to you. Our solicitors and support teams have won awards for their expertise and business acumen and continue to deliver excellence in the profession.