Title Split Agreements

This could be because you wish to split a parcel of land

This could be because you wish to split a parcel of land, for example, from your existing estate or property to create a further plot for development purposes.

• to separate a plot of land/building from an existing freehold title you will need a Transfer of Part (“TP1”)
• to split the freehold title of a block of flats into separate flats each with a long lease, you will only achieve this by creating long leases of each flat
• to sell part of the freehold of land or property to another party.

Lawson West’s commercial property team can advise on title splits, including those involving mortgage or refinance implications or multiple parties involved in the tenure. We help landowners to amend title documents and register updated versions with HM Land Registry. There could also be tax implications to consider such as Capital Gains Tax (CGT) or Stamp Duty Land Tax (SDLT).

We use professional contacts who can advise on valuation and surveying commercial properties and management blocks.

Whatever your plans for a title split, and with our extensive experience of commercial leases and Landlord and Tenant expertise behind us, Lawson West’s experienced team of commercial property experts can help you to achieve your plans and adhere to the correct legal protocols surrounding title splits.