Land Registry fee: Payment to the Land Registry to register legal ownership of a property..
Leasehold: Denotes the ownership of a property by way of it ’s tenure with a given timescale for that ownership.This can be a varying term but commonly 99 years,125 years or 999 years..
Legal fees: The amount of money that needs to be paid to a conveyancer for their fees which will often include a breakdown of all other fees they will have incurred on your behalf..
Listed building: A building which is considered to be of special architectural or historic interest which cannot be altered or demolished without the consent of the local government..
Loan to Value (LTV): The amount of mortgage expressed as a percentage of the property ’s total value..
Local Authority Search: Enquiries raised by the buyer ’s conveyancer to the local authority regarding any outstanding enforcement or future development issues within the immediate area surrounding that property.i.e.road alteration scheme,proposed new development..