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11
Jan
2022

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Conveyancing Disbursements

Conveyancing disbursements are part and parcel of buying and selling property, although you won’t have to pay as many if you are selling. They are fees that your conveyancer has to pay to third parties on your behalf and include things such as searches and stamp duty. This guide covers everything [read more...]
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10
Dec
2021

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Stamp Duty Rates: A Complete Guide

If you are thinking about buying a home, you may have to pay Stamp Duty Land Tax (SDLT). There are different stamp duty rates and rules depending on whether you are a first-time buyer or are buying a second home. The purchase price of the property is also relevant to how much SDLT is needed [&hellip [read more...]
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23
Nov
2020

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What happens if completion doesn’t take place before the end of the stamp duty relief period?

To give a much-needed boost to the property market and in a bid to drive demand, the Government announced in July 2020 a stamp duty holiday for residential property purchases under £500,000. For non-residential premises and land, the figure has been set at £150,000. What is stamp duty? Stamp Duty [read more...]
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09
Nov
2020

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BUYING A PROPERTY AT AUCTION

HOW TO BUY A PROPERTY AT AUCTION Buying a property at auction could bag you a bargain, but it is a risky business. It also avoids the lengthy purchasing procedures and the uncertainty of a seller pulling out at the last minute. However, when the hammer falls the property is yours, so it certainly pa [read more...]
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19
Aug
2020

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A FIRST TIME BUYERS GUIDE – WHAT SHOULD A FIRST TIME BUYER CONSIDER FIRST?

Understanding the complex process of buying a house should help a first time buyer through some of the stressful aspects of house buying. So having made the decision to buy your first home, the excitement can soon be turned in to a nightmare if you are unprepared. Following this guide can help to en [read more...]
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29
Jul
2020

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KEY DIFFERENCES BETWEEN HOUSE BUYING AND SELLING ACROSS GREAT BRITAIN

The conveyancing process for house buying and selling in England, Wales, and Scotland or vice versa is often difficult to understand for Vendors and Purchasers alike, not least of all because the processes are different in the two places.  Cross Border Qualification  When moving from Scotland to [read more...]
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15
Jul
2020

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WHAT THE GOVERNMENT’S BAN ON NEW BUILD LEASEHOLD HOUSES WILL MEAN FOR LEASEHOLDERS

The government has announced plans to combat “unfair and abusive” practices within the leasehold system, the new measures announced by the Communities Secretary, Sajid Javid, include: A ban on almost all new build houses being sold as leasehold; Ground rents on new long lease property being set [read more...]
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25
Jun
2020

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Home Selling Guide: Article One – ‘What to do with your property when you get a divorce’?

Divorce is a complex process that is often misunderstood. One of the most common misconceptions that people come across is that it is far from a quick way of cutting ties with your partner, particularly when it comes to finances and shared property. Although we are property solicitors and not family [read more...]
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10
Jun
2020

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Home Buying Guide: Article Five – ‘Freehold or leasehold’?

When you decide to buy a property, you are inundated with information from many different angles, much of which may be new to you. One of the pieces of information you will note detailed next to the description of a property is normally either the term ‘freehold’ or the term ‘leasehold’. Whi [read more...]
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02
Jun
2020

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Home Buying Guide: Article Four – ‘Informal Tender Process’

‘How viable is the sale by informal tender process?’ Most people when buying or selling a house will use an estate agent. The seller will pay the agent a fee for selling the house on their behalf and the buyer (although immersed in fees to pay other professionals in the house buying process) wil [read more...]
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28
May
2020

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Home Buying Guide: Article Three – ‘Should I get a property survey carried out?’

‘Should I get a property survey carried out?’ Buying a house is not a simple, fast purchase. On the contrary, there are many processes to be carried out which require time and careful consideration. One such process to consider is the possibility of whether or not to get a survey carried out on [read more...]
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21
May
2020

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Home Buying Guide: Article Two – ‘The ins and outs of your Right to Buy’

Are you aware of the Right to Buy? If you are either a tenant of a housing association or local authority you may have the right to buy your home at a discount due to the period you have been living there as a tenant. The Right to Buy is literally what the text states: […] [read more...]
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15
May
2020

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Home Buying Guide: Article One – ‘A professional conveyancer is an absolute essential’’

‘A professional conveyancer is an absolute essential’ Are you buying a home for the first time? No doubt you are feeling incredibly excited yet also naturally slightly anxious about the technical details within the overall process. Buying a home can be a lengthy process from start to finish [read more...]

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