Tag: conveyancing quote
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...
Buying a repossessed property from a lender or receiver
As figures reveal a rise in repossessions in 2024, we look at the option of buying a repossessed property from a lender or a receiver. It is often the case that a repossessed property is cheaper than buying from owners. Lenders will be keen to realise their asset, pay off the mortgage and return the...
Declarations Of Trust
If you have an interest in a property but your name is not on the title deeds, a declaration of trust can offer protection. We look at how a declaration of trust works and what provisions you can include to ensure you do not lose any contributions you have made. It is sometimes the case...
What is the right to manage and how can I get it?
If you own a leasehold flat, you and your fellow leaseholders are likely to have the right to take over the management of the block from the landlord. We look at when this right arises and the potential advantages of exercising it. The Commonhold and Leasehold Reform Act 2002 gives qualifying leaseholders the chance to...
What can delay exchange of contracts?
If you are buying or selling a property, it can be frustrating to find that the exchange of contracts has been delayed. We take a look at some of the most common causes of delays. When you buy or sell property, the contract only becomes legally binding once it has been exchanged with the other...
Spray foam insulation continues to make homes unsellable
Mortgage lenders are continuing to refuse to lend against properties that have a certain type of spray foam insulation in place, leaving homeowners unable to sell. Spray foam insulation became popular as a cheap and easy way to insulate homes. However, the closed cell type of foam insulation traps moisture, preventing air circulation. This causes...
Our top 7 home safety tips for home movers
Safety and security are often overlooked when moving home. You already have a long list of tasks and taking the steps that will keep your home and belongings protected is often forgotten. We look at some of the actions you can take to keep everything as safe as possible. 1. Check your new home has...
Top ten home moving trends revealed
Research by home moving website reallymoving.com has revealed a range of trends in moving habits over the course of the previous year. The study looked at ten trends, uncovering a range of information including the fact that people are moving further away when they sell and the areas of the country where the largest percentage...
Tips when looking for a new home
Looking for a new home can be a thrilling adventure, but it can also be a daunting task. Whether you’re a first-time buyer or a seasoned mover, there are a lot of factors to consider when making such an important purchase. In this article, we’ll share our top tips for making the home-buying process as...
