Apr 14, 2021 | Conveyancing, News, property law, Property Purchase, Property Sale, Residential Property
A Flying Freehold is that section of a freehold property that is either constructed over or extends into the neighbouring premises. Therefore the owner of the Flying Freehold is the owner of the section that is “flying” or extending above that of the neighbour but...
Apr 1, 2021 | Conveyancing, property law, SDLT, Stamp Duty Land Tax
As of today a new element of the SDLT charge applies to ‘overseas buyers’, in the form of an additional 2% per cent charge. There are detailed rules about residence to establish who has to pay, but for example someone who has been working overseas permanently or for...
Feb 25, 2021 | Conveyancing, News, property law, Property Purchase, Residential Property, SDLT, Stamp Duty Land Tax
Conveyancing transactions have historically taken on average between 6 and 12 weeks. Due to the current position with regard to Covid and the Stamp Duty Land Tax changes the average timescale has increased to around 16 to 20 weeks. Although we will do all that we can...
Feb 10, 2021 | Conveyancing, News, property law, Property Purchase, Property Sale, Residential Property
Buying Decide whether you want a flat or house. Think about where you want to buy. Check what the development proposals are for the surrounding area. Do you want to rent it out or live in it. Get a good conveyancer. Look around High Street estate agents and social...
Jan 13, 2021 | Conveyancing, News, property law, Residential Property, Transfer of Equity
‘Transfer of Equity or Transfer of Title’ are terms used to refer to someone to the situation being added or removed from ownership of a property; this could be one owner adding a husband or wife, a parent, adding a son or daughter, or a separating couple removing one...
Oct 6, 2020 | Conveyancing, News, property law, Property Purchase, Property Sale, Residential Property
In the run-up to the end of the Stamp Duty holiday, it is likely that property transactions will become tense as parties endeavour to complete before the deadline. Rest assured we shall do all we can to meet this demand, but it may be at the expense of the frequent...