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Aston Lawyer
Aston Lawyer, Solicitor
Category: Law
Satisfied Customers: 10780
Experience:  Solicitor LLB (Hons) 23 years of experience in Conveyancing and Property Law
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Trying to purchase a property that we have now discovered is

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Hi, trying to purchase a property that we have now discovered is registered as having 999 year lease with peppercorn rent from 1927, title absolute was granted in 1987 to the deceased vendor on this and it has a title number at land registry and uses the phrase "The Leasehold Land".. also has different title number under land registry with the term Freehold Land and title absolute to again the same deceased vendor from 1982.. This has left us quite confused, we have raised the issue with our solicitor who said we should have been made aware of this at a very early stage buy the vendor and their agents. our solicitor has said they will write requesting the titles be merged.... please explain. Thanks Ian

Hi Ian, thanks for your enquiry. As your Solicitor has said- you don't have anything to worry about and you will indeed be buying a Freehold property. What has happened is that the deceased owner purchased the property as a Leasehold property, and then at some point has then purchased the Freehold Or when he originally purchased the property, there were separate Freehold and Leasehold titles. Sometimes, when you purchase a property which used to be Leasehold. there will be separate titles for the Leasehold and Freehold- there is no problem with this nor is there anything for you to worry about. Both titles can be merged so all you end up with is a Freehold title, and it sounds like this is what is going to happen. So, to sum up, there is no defect or anything for you to worry about. I hope this assists. If so, please would you be kind enough to rate my answer. Kind Regards Al

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