With National Conveyancing Week in full swing, we brought together a number of our conveyancing colleagues. They discuss the mood of the market settling into 2023, share their thoughts on the industry, what it’s been through over the last few years and advice they...
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Help! My property has not been registered correctly!
On purchasing a property, your ownership will be registered at the Land Registry. Unfortunately, sometimes errors in registration are made. So what can you do if you later discover that the property has been incorrectly registered? We look below at what is known as...
The importance of making a will when you buy a house
Buying a house is undoubtedly one of the biggest investments you will ever make and perhaps the most valuable thing you will ever own. It is likely, therefore, that you will want to protect it and make sure your home passes on to your loved ones when you die. We know...
What is a flood risk report?
If you are looking to purchase a property, it is very important that a flood risk report is completed. In recent years, the number of flooding incidents has risen as a result of climate change. It has been noted that over the last century sea levels have risen by...
Stamp Duty Land Tax – 3% Surcharge for Residential Properties
| What is Stamp Duty Land Tax Stamp Duty Land Tax, formerly known as Stamp Duty, is tax that is payable to the Government on the purchase of property or the grant of a lease in the UK. It is charged at different rates depending on the type of property and value of the...
Right to Buy – Can I buy my council house?
If you are a council home tenant in England or Wales, you could be eligible to purchase the Property under the Government’s Right to Buy Scheme for a discounted price. | Am I eligible to buy my council house? You can make an application to purchase your council home...
Conveyancing: Rights of Way
| What is a Right of Way? A right of way is a legal easement which provides a right of way to travel across a plot of land owned by another. Some rights of way are not for the sole use of people and can expand to include use for horse riders, cyclists, or motorists....
Beneficial Joint Tenants and Tenants in Common
When purchasing a property jointly with another person, you will need to consider how you wish to legally hold the property together. You can either hold the property as Beneficial Joint Tenants or as Tenants in Common. Knowing the difference between the two is...
Adopted and Unadopted Roads – Highways
When you purchase a property, your solicitor will carry out a number of searches. The Local Authority search will indicate whether the road that fronts your property is adopted by the Local Authority. You should be cautious of this when you purchase your property,...
Increase to HM Land Registry fees
The Land Registry are increasing their application fees for first registrations and the registration of transfers, leases and mortgages of properties for the first time since 2009. There is an 11% increase for all electronic applications and a 21% increase for postal...
Payment Diversion Fraud
In our recent blog, How to protect yourself from property and payment diversion fraud, we looked at the different ways in which criminals are scamming victims out of both their property and their money. In this blog, we will focus on Payment Diversion Fraud. This is...