Aug 5, 2020 | Conveyancing, News, property law, Property Sale, Residential Property
Most buyers are genuine and have no hidden agenda but be wary of online companies which advertise that they will buy any property quickly. Although the conveyancing process may seem to be running smoothly, these firms have a habit of getting to the point of exchange...
Jul 8, 2020 | Breaking News, Conveyancing, News, property law, Property Purchase, Residential Property, Stamp Duty Land Tax
The Chancellor has announced an immediate stamp duty “holiday” for homebuyers. SDLT will not be payable for property purchases up to the value of £500,000 with immediate effect to run until 31 March 2021. For all your conveyancing needs and support please contact us...
Apr 16, 2020 | Capital Gains Tax returns, Conveyancing, News, property law, Residential Property
On 6th April 2020 the rules on submission of capital gains tax returns for residential property changed and UK residents who are individuals, trustees or personal representatives will be affected. Exemptions to reporting requirements include inter-spouse transfers. A...
Jun 8, 2018 | Conveyancing, First Time Buyers' Relief, Residential Property, Stamp Duty Land Tax
Stamp Duty Land Tax (“SDLT”) is normally paid on any purchase of residential property valued over £125,000. If the new property being purchased is a second property, then SDLT is paid on the whole value at an enhanced rate. First Time Buyer’s Relief (“FTBR”) is...
Mar 28, 2018 | Conveyancing, Landlord, Landlord's Insurance
Tenants of commercial premises or flats held on a long lease usually end up reimbursing the landlord’s costs of obtaining buildings insurance. In many cases the lease says that the recovery is limited to costs ‘reasonably incurred’, or words to that effect. The...
Jan 16, 2018 | Accreditation, Conveyancing, Conveyancing Quality, Law Society
We have once again secured membership to the Law Society Conveyancing Quality Scheme – the mark of excellence for the home buying process. This is the 7th year in a row that Tassells has achieved CQS accreditation. We underwent rigorous assessment...