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Split of a property - conveyancing

  • Posted:
  • Proposals: 1
  • Remote
  • #4410914
  • OPPORTUNITY
  • Expired
Opadiran B. has already sent a proposal.
  • 4

Description

Experience Level: Expert
Hi,
I have a property purchased through a Ltd and with one lease. I am the freeholder. The property has 2 separate buildings. One is an Air bnb, rented as such for about 4 years. One is a commercial office that I am going to rent soon. It was under repair for the past 8 months.
I would like to split the property into 2: the air bnb will remain with the current company, and I will set up a new Co for the commercial property. I have a mortgage and spoke to the bank. They gave me their consent.
What is the procedure for the split, timeframe, and cost?

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Clarification Board Ask a Question

  • Taiwo D.

    Hi Shab,

    Thanks for sharing the details of your situation it’s clear you’ve already taken some important steps, especially getting the bank’s consent.

    Just to clarify and help you more effectively:
    Would you like full support in handling the legal, structural, and administrative aspects of splitting the title and managing the transition between the two companies (including lease restructuring, HM Land Registry updates, and any implications for mortgage, tax, or company structure)?

    If so, feel free to contact me directly with the full project, and I’ll take care of everything you need from start to finish. I can guide you through the exact procedure, expected timeline, and all related costs no guesswork involved.

    Looking forward to helping you make this transition smooth and compliant.

    Best regards,
    Cassandra