Category: Transfer of Equity
How will flat owners benefit from the new Leasehold and Freehold Reform Act?
The Leasehold and Freehold Reform Act received Royal Assent before the ending of parliament for the general election. The main body of the legislation is likely to come into effect in 2025/26. The new law aims to make leasehold rules fairer, easier to deal with and more transparent for those with leasehold homes. The following...
Transferring a Property into Joint Names
Due to the blended society we live in, there could be a million and one reasons why the property we live in may only be in one person’s name. However, when the time comes to add another person onto the mortgage or title deed, what exactly needs to be done? When the legal title of...
Is Your Home Ready for a New Year Sale? The Complete Guide
As the new year unfolds, it’s a prime opportunity for homeowners to consider embarking on a journey of selling their properties and ushering in a fresh chapter in their lives. If you’re contemplating putting your house on the market, now is the perfect time to start preparing. A well-prepared home not only attracts potential buyers...
Buying a property with an absent freeholder
If you are buying or you already own a leasehold property and the freeholder is absent or cannot be identified, this can cause problems. We take a look at the situation and how to deal with the difficulties it can create. The freeholder, also referred to as the landlord, has a range of obligations in...
10 top ways to improve your credit score before buying a property
If you are hoping to secure a mortgage to buy a property, it is crucial to check that your credit score is as healthy as possible. We look at how to improve your score, giving you access to the best possible mortgage deals. Securing a good interest rate for your mortgage can save you a...
House prices falling at steepest rate for 14 years
Figures released by the country’s biggest mortgage lender Halifax have revealed that UK house prices fell at their sharpest rate for 14 years. The data revealed that an average UK home has fallen in price by £14,000 to £279,659 in just one year. In August alone there was a drop of 4.6% compared to the...
Navigating the Holiday Hustle: Festive Tips for a Smooth Christmas Move in the UK
Moving house around Christmas in the UK may sound like a challenging feat, but with a sprinkle of festive cheer and a dash of practicality, you can turn the experience into a merry adventure. Here are some tips, complete with insights from Christmas enthusiast Louise Stephens-Pantoja, Head of Operations at LPL, to help you jingle...
Government grants of £7,500 available for heat pumps
The government is promoting the installation of heat pumps in homes to replace boilers, with vouchers being offered to homeowners who wish to make the switch. The Department for Energy Security and Net Zero has announced that qualifying for a heat pump grant will be simplified and financial assistance made more widely available. The vouchers...
How do I deal with a boundary dispute?
Boundary disputes can quickly become bitter, making living next door to your neighbour difficult and stressful. If you are involved in a disagreement over a boundary, you are strongly advised to try and resolve it promptly before the situation deteriorates. Boundary disputes can be complex and it is not often possible to establish exactly where...
