Ian Cruickshank & Co. Solicitors

Residential Properties

Buying a home is most likely to be one of the most important commitments you are likely to make for yourself and your family. We can ensure that you know what you are letting yourself in for dealing with all aspects of the purchase of a house or flat.

Freehold means you own the property outright, subject to the law, planning restrictions, and any covenants.

Property is described as leasehold if there is a landlord and you will own it subject to the conditions of the lease. We will explain those conditions to you, before you commit yourself to buying the property.

Selling a Property
We Will:

• Supply information to your buyers Solicitors and provide evidence of Title.
• Prepare the contract for sale.
• When everyone is ready exchange contracts and arrange a completion date.
• Receive purchase money from your sale.
• Discharge the Estate Agents account (should you wish us to do so).
• Send any surplus to you.

Purchasing a Property
We Will:

• Obtain information from your sellers solicitors.
• Make a Local Search, Mining Search, Water Search and Environmental Search.
• Check that the sellers have good title.
• Agree the terms of the contract.
• When everyone is ready and a completion date has been agreed exchange contracts.
• Make the pre-completion legal arrangements and checks.
• Receive the mortgage money from your lender and any balance we will need from you.
• Pay for your new house.
• Lodge the Stamp Duty Land Tax Documentation and pay the Tax.
• Register your ownership at the Land Registry.
• Act for the lenders to make sure that their interests are properly protected.

Commercial Properties

Commercial property is the term used for e.g. shops, offices, factories and other business properties.
Commercial property also has a higher proportion of Leasehold and we are familiar with all aspects of business tenancies, from both the Landlord´s and the Tenant´s perspectives and can ensure your business interests are properly protected.

Property:

• Your biggest investment! Get it right!
• Buying, selling or renting – we can help
• We explain the ins and outs in plain English