Moving house is often stressful because of fears of the sale or purchase not going through. To make the process more certain, there are two separate stages: Exchange of contracts – this is when the parties buying and selling the property legally commit to the transaction....
HOW TO NEGOTIATE A BARGAIN NEW BUILD HOME If you are very particular about the style or position of the new build house you want this will restrict your ability to negotiate with the developer. They are unlikely to want to bring down the price of...
THE CHANCELLOR, RISHI SUNAK’s HELP FOR HOME BUYERS. WHAT DOES IT MEAN FOR THE HOUSING MARKET? THE BUDGET DETAILS DIRECT FROM THE CHANCELLOR The Chancellor confirmed that the UK ‘faces profound economic challenges’ set out how he intends to help to kick start the economy on the...
OWNERSHIP RIGHTS - WHAT YOU SHOULD KNOW When you buy a house together as a couple, it is a big step. Or it may be that a pair of friends decide they can have a more substantial property if they pool their resources. When the time...
WHAT IS A DEED OF TRUST? A Deed of Trust is a document which can be used to define a part ownership share in an asset such as a property. This document is often created when two people purchase a property and one of them contributes...
Whether you are purchasing or selling residential or commercial property there are several types of Tax that may need to be paid. Since tax may not be payable until after the sale has taken place, it’s important that you know what the bill is going...
In this article we will be providing you with information on what happens if you need to employ a managing agent. If you are a residential or commercial landlord that currently deals with everything yourself but are wanting someone else to take over, then this...
Leaseholders of flats who want to take control over their block typically have two options: collective leasehold enfranchisement and the right to manage. Both options allow tenants to take over control of the management of the block of flats or building in which they live...
Most housing association tenants have the Right to Acquire, which means that they have the right to buy their home from their housing association at a discount, provided they can meet the criteria. Criteria The criteria for tenants to qualify to Right to Acquire include having had...
Completion is the last and most important step in any property transaction. It takes place on a pre agreed date, when the balance of the purchase price is paid, and the transfer documents will be signed and dated following exchange of contracts! From this step...
