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Conversion from Freehold toleashold  Add to shortlist

Client Details

daljitDaljit C

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United Kingdom  United Kingdom
  • Member Since: Jun 2010
  • Last Login: 9 Jan 2012
  • Jobs Posted: 10
  • Jobs Awarded: 2
  • Paid out: £275

Job Details

Category:Accounting/Legal > Legal

ID:34882

Title:Conversion from Freehold toleashold

Location:Remote

Job Description

can anybody help on this we are buying 4 x 1 bed apartment We will be putting 4 people against this in each property.

We need to arrange for a conversion from Freehold to Leasehold for this development. We need to do this before valuation.

Is there a solicitor out their or someone legal who can do this.

Job Budget

Job type:Fixed Price Job

Budget:Fixed Price: £50 - £150

Additional Information

Approx start date after Bid is selected: Immediate (within 1-2 days)

Attached Files: None

Bidding ends:Bidding Closed

Job Posted:31/08/2010 06:41 am

Bidding activity on this Job

Bids:4

Who has Bid:


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Clarification Board

E. M.E. M. on 31/08/2010 12:25 pm
Daljit,
In principle (ie subject to there being nothing in the registered freehold title which would create difficulty) this is not technically difficult. It would be a case of granting 4 leases out of the freehold title, each of which would have to be registered at the land registry and upon which specific leasehold taxes would be payable. However, I think you need to reconsider your budget as the work involved is extensive and needs to be undertaken by someone who is professionally regulated and insured.
Edward

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