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MenuIt used to be the case that buying a leasehold property was much cheaper than buying a freehold home because of the reduced time until the lease expired. However, following changes in the law which have made it easier for leases to be extended, and the continuing upward trend in house prices, in many areas there is now little difference in purchase cost. Continue reading →
Buying a new home off-plan is becoming more popular and it can have financial advantages for the buyer as developers usually offer a discount on the market price. The services of an experienced residential conveyancing solicitor are however essential to protect the buyer’s interests. Continue reading →
If you dream of living in a listed property such as an old thatched cottage, converted barn or even a castle, there will be many practical considerations before making a decision on purchase; and consulting an experienced residential conveyancing solicitor will smooth the path. Continue reading →
With the high cost and shortage of homes at the lower priced end of the housing market, buying a flat above a shop can be a reasonable option for some potential home-owners, but with a number of possible complications which could arise from the transaction, the services of an experienced conveyancing solicitor are essential. Continue reading →
The idea of buying an unusual home such as a former windmill, lighthouse, electricity sub-station or old church is a dream for many people. It could however have a number of legal pitfalls requiring the services of an experienced residential conveyancing solicitor.
Buying a home is an exciting prospect for the majority of first-time buyers but, of course, it is likely to be the most expensive purchase they will ever make and there are a number of associated costs which need to be included in the moving budget as well as the cost of a residential conveyancing solicitor’s services. Continue reading →
Purchasing a property is one of the biggest financial outgoings people undertake in their lives. Nevertheless, in 2014 buying a home was still more popular than renting, with almost 70% of people in the UK owning their home. Continue reading →
The fact that you don’t have a home to sell before purchasing a property is viewed by many estate agents as a great positive. Without being reliant on a chain of transactions, your purchase will probably be less complicated than when someone needs to sell their current home as well as buy the next. Continue reading →
When a person chooses to sell a property, they will go through three main stages of residential conveyancing and different tasks need to be completed at each stage to ensure that the property legally transfers ownership from the seller to the buyer.
Foreigners who are purchasing high value properties in the UK, particularly in London, are exposed in greater measure to inheritance tax, particularly if the properties have future growth potential. Continue reading →
