Finding the Best Information on Freehold Purchases

Finding the Best Information on Freehold Purchases

Most people would seek proper legal advice before embarking on any kind of legal process. Buying the freehold to your flat should be no exception in this way. In fact this is a particularly involved process to go through, so it makes sense that you would want to ensure you get proper advice from the right people before you decide what to do.The basic idea with freehold purchase is that you give up the leasehold you currently hold in exchange for the freehold. However you cannot do this alone; no fewer than 50% of the people who own the flats in your block must be agreeable to taking on the process as well.This is one of the reasons why it is a good idea to seek out the advice of a solicitor who has a significant amount of experience in this field. Many solicitors specialise in one area of law, and it is no exception when it comes to freehold purchase. If you go to a solicitor who advises on a number of areas of law, they may not be able to give you the level of specialist information and advice you need at this point. An experienced solicitor in this area should be able to tell you all about buying the freehold of your flat and what you must do to fulfill all the requirements as such.Very often it won’t cost you anything to have an initial discussion about your situation with a qualified solicitor. Take the time to find someone who is devoted to this area of interest and make a list of the questions you would like to ask before you get in touch. If they have a website you may well find that some of the most basic questions about freehold purchase are answered on there, so check it out first.In theory you could ensure that you have a basic working idea about the process before you even go to a solicitor. But it is certainly not advisable to try and go about buying the freehold to your flat without having specialist legal advice on your side. The chances of making a mistake would increase dramatically in this way.So you can see that getting proper advice prior to doing anything is definitely the best way to proceed. It will also pave the way to a successful conclusion and the ability to finally have the freehold you really want.