Financial & Legal News

INSIGHT: The Bitter Truth About Low Cost Conveyancing

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“The bitterness of poor quality remains long after the sweetness of low price is forgotten” is a mantra adopted by many businesses - often after they face the consequences of having made a poor purchasing decision themselves.

When it comes to the highly technical process of buying, selling or leasing a commercial property, cheapest most certainly isn’t best. Undetected pitfalls with restrictive covenants, planning obligations, break clauses and dilapidations could potentially result in significant costs and lengthy time delays for the parties’ involved in the transaction.

Owner or tenant, commercial or residential, every aspect of property calls for highly specialised legal expertise. At Pearson, our highly qualified team conduct a thorough examination of title(s) and rectify defects and resolve issues as we go, to eliminate the possibility of costly surprises for our clients.

Sadly, it is becoming increasingly common for us to be instructed to put things right that have been missed when the property was originally purchased. The costs of such oversights made by the ‘stack high, sell cheap’ approach of some providers is costing people more in the long run!.

The Pearson team of specialist commercial property solicitors has many years’ experience in the sector, plus in-depth knowledge of the latest legislation. Whether the subject is investment or development, buying, selling or renting, our effective business-minded approach and rigorous attention to detail will put your business precisely where it needs to be.

To avoid the property market’s many pitfalls, talk to us first by calling Karen Piontek in our commercial property team on 0161 684 6951

Please note that the information and opinions contained in this article are not intended to be comprehensive, nor to provide legal advice. No responsibility for its accuracy or correctness is assumed by Pearson Solicitors and Financial Advisers Ltd or any of its members or employees. Professional legal advice should be obtained before taking, or refraining from taking, any action as a result of this article.

This blog was posted some time ago and its contents may now be out of date. For the latest legal position relating to these issues, get in touch with the author - or make an enquiry now.

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