Historically, being a landlord could be a lucrative business, especially as a side line or a role in later life. The idea was quite simple. Buy a few properties on buy to let mortgages, rent them out and use the rental income to repay the mortgages...
Probably the most important document you will sign when you are buying or selling a residential property is the contract. When we get to this point, we will explain to you in detail how, once you have signed, we will exchange contracts with the other side,...
Have you thought about extending your house? When you buy a property, it’s not unreasonable to assume that you own everything connected to that property. Not just the building and garden, but everything above and below it, at least to a reasonable height and depth. It’s...
Buying a property can be one of the single most expensive (and often stressful) purchases many people will make. Everyone wants their transaction to go as quickly and smoothly as possible, but at the same time, no one wants to spend money if they don’t have...
If you are buying a leasehold property (and occasionally with freehold properties) you are likely to be granted the right to use “common parts”. Most often, this will be fairly obvious and routine parts of the building such as a stairway and/or lift in a block...
During the course of a property transaction, the two most important documents that the purchasers’ solicitors produce are the contract, and the report on title. You might have heard us talk about these documents in earlier blogs, but what do they really mean? Well, here is...
Often when you own property you will need someone else’s permission to do something. That permission is set out in a document called a licence. If you are buying or selling a property, and your solicitor starts talking about needing a licence, what they mean is...
You might think that when you buy your first property you will be in control of everything. That instead of having your parents or flat mates complaining about the mess you have made, or landlords complaining about the damage to the carpets, you can make...
When you first instruct a solicitor about a property you want to buy, they will ask you lots of standard questions. Obviously, they will want to know about you, and your circumstances, such as whether you are buying with someone else, whether you’ve got a...
Having good indemnity insurance (and most importantly the right insurance!) is an essential part of any property transaction, but you probably don’t realise how many aspects of your transaction might include (or perhaps should include!) an insurance policy. Contents insurance This is the obvious one. If you...
