We will make the task of buying, selling, or transferring ownership of a property on an estate or development or Community Interest Company (CIC) easier for you, because there are additional obligations involved and we're trained to assist in these matters.
The title of the property as recorded with Land Registry, contains a restriction in favour of the management company/CIC which obliges all new owners to become shareholders or members of the management company/CIC. In order to become a member of a management company/CIC you must agree to pay the service charges associated with that property.
No matter what you intend to - buy, sell, or transfer, there will always be certain legal documentation and information required. Your solicitor or conveyancer will need to have details provided about the service charge, and other legal documentation., as will a mortgage company.
Let us take some of the strain away and ensure that everything is in place to make a swift move. Speak to your property team who will guide you through the process.