Property
A new home is one of life’s most significant purchases, not just in terms of value, but also the potential stress, perhaps because of a difficult vendor, where the purchase depends on an associated sale or the myriad challenges in building a dream home from the ground up. Taking on additional property, be it a holiday home or a landed estate, whether for personal use or investment, is also a significant decision. When making the purchase for the benefit of the next generation, possibly a city flat or an investment property, this only adds to the importance.
Regardless of the type or purpose of a property, the purchase requires strategic and thoughtful legal advice. This starts with the transaction, from knowing exactly what is being bought, through to comprehensive analysis of the legal and practical issues – including everything from heritage property challenges or other planning restrictions, to dealing with tax liabilities, like Capital Gains Tax and Stamp Duty Land Tax. Beyond the transaction, it is essential to make sure the property is properly integrated into a family’s wider estate planning, thinking about appropriate holding structures and long-term protection for the family. From making an offer to putting the key in the door, there is a lot of work to do and our lawyers can help get it right.
Our property lawyers will take care of the property transaction process, whilst working alongside our Private Client team to ensure the purchase integrates into wider estate planning. Every property project is unique and we have specialist lawyers in planning, construction, rural and heritage property to advise on the issues that may arise.
How we can help:
- Acting in the property or land transaction, from offer to completion
- Residential property finance advice
- Assisting with enfranchisement, the process by which a residential leaseholder extends a lease or purchases the freehold
- Advising on residential development and restructuring, including drafting and negotiating construction and planning documents
- Property management and alterations of tenancies
- Specialist advice on purchasing stately homes and country estates, including listed property
- Cross-border property transactions
- Advising on how best to hold property, including the establishment of suitable structures
- Property tax advice, optimising allowances and reliefs and mitigating liabilities as part of an overarching tax plan
- Tax residence and domicile planning
- Assisting with property management, development and alterations to tenancies
- Advising on integration of property into wider estate planning
- Acting on disputes related to property, including rights of way, service charges, nuisance and noise from neighbours, adverse possession (squatting) and between landlords and tenants
- Advising on inheritance and trust disputes relating to property