Services
The acquisition is the process of gaining ownership or control of real property (real estate) or an interest in real property.
In the UK there are two types of legal ownership of a property; freehold and leasehold. An owner of a freehold property will own that property in perpetuity whereas an owner of a leasehold property will own the property for a period of time (i.e., the term of the lease).
UK Property Acquisition Scenarios
Acquisition by purchase is the most common way we acquire personal property, but there are at least five other ways to legally acquire personal property
Possession
Finding Lost or Misplaced Property
Gift
Accession
Confusion
Assistance from Start to Finish
Work with your lawyers to ensure the smooth completion
We will guide you through this property acquisition maze and advice you on the tax impact of each ownership structure and work with your lawyers to ensure the smooth completion of the acquisition.