Back to all jobsConversion from Freehold toleashold Add to shortlist
Client Details
- Member Since: Jun 2010
- Last Login: 9 Jan 2012
- Jobs Posted: 10
- Jobs Awarded: 2
- Paid out: £275
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
Clarification Board
E. M. on 31/08/2010 12:25 pmDaljit,
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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