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It was recently announced that interest rates would remain unchanged. The Bank of England has maintained the bank rate at 5.25% to encourage saving and curb inflation. However, this decision means the housing market remains out of reach for many, especially...
Whilst it is encouraging that the Leasehold Reform Bill has become law, albeit by the skin of its teeth, it remains to be seen whether it will genuinely make a significant difference to the vast majority of people who own leasehold properties –...
What is a transfer of equity, and do you need a solicitor? The conveyancing process for transferring equity in England and Wales involves the legal transfer of ownership or shares in a property from one party to another. This is typically done when...
The introduction of a ban on new leasehold houses would be a welcome step forward, however the feeling is that these changes simply don’t go far enough. A tentative shuffle in the right direction rather than a giant leap. Currently around 1% of new...
Buying a property can often be an exciting time. From house-hunting online to arranging those all-important viewings with the estate agent. But what happens once your offer has been accepted, and at what point will you get the keys to your new home? ...
Stamp duty has been a frequent topic of conversation in recent years when it comes to homes and the property market. But what is stamp duty, will the recent changes help or hinder prospective home-owners, and is there actually a stamp involved? History ...
It is a regular enquiry that you will see solicitors raise when purchasing a property: ‘When was the boiler installed and please provide an up to date gas service record’ . However why do we ask this question and why do we insist on it...
With the cost of living increase being at an all-time high (at its highest rate in 40 years) stepping on the property ladder as a first time buyer may seem more daunting than ever. For many first buyers, it is possible they will pay less in monthly...
Housing associations are already under considerable pressure to try and meet the shortages in housing stock. They face additional challenges with targets on net zero and remedial action following the Grenfell tragedy. This policy will not help fix the lack...
Earlier this year it was announced that a new Buying and Selling Property Information Form (BASPI) is in development. The form will contain all the information needed to sell a property in one place, improving the selling process and making transactions...
