Why are leasehold transactions more expensive than other services that In-Deed offers?

In essence, the leasehold transaction is the same as any other, with the exception that there is one third-party cost that we are unable to control: The landlord owning the lease or the management company looking after the property will charge for the production of the ‘information pack’, which is used by prospective buyers.

The pack is a necessary part of the selling and buying process, and it details the service and management charges, ground rent, the requirements of the landlord or management company in the sale of the property, and the charge for recording details of a new owner.

There is no fool-proof way to determine this disbursement, and therefore we don’t quote you for it, but we assure you that we will pass whatever the cost is on without any mark-up. And you will still be protected by our fixed-fee and our competitive ‘no completion, no fee’ guarantees for any leasehold transaction.

If you have any further questions, please call one of our team of experts on 0800 038 6886 to discuss it. Or you can send us an email at moveteam@in-deed.net.

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