Tag: conveyancing
Home ownership rates falling among younger people
Research has found that the number of people below the age of 45 who own their own home has fallen by more than a tenth over the past decade. The English Housing Survey is a continuous national survey commissioned by the Ministry of Housing, Communities and Local Government. Comparing the figures for 2019/20 with those...
NEW expanded Client Services team
To support LPL’s growth over the last year we are delighted to announce the launch of our NEW expanded Client Services team. Head of Operations, Louise Stephens-Pantoja said “As LPL continues to grow, the need for more experienced client service staff to support a larger client base has become increasingly important. We strive to provide...
Today is International Women’s Day: There’s no glass ceiling at LPL
We’re celebrating some of the women that help make LPL such a successful practice and dynamic workplace. At LPL, we’re immensely proud of our record on diversity and inclusion. Nowhere is this clearer than in the make up of our senior management team, where over 75% of our senior team are women. Louise Stephens-Pantoja, Head...
Understanding Land Transaction Tax (LTT) in Wales
If you’re buying a home in Wales, you won’t pay Stamp Duty Land Tax (SDLT) like in England or Northern Ireland. Instead, the transaction is subject to Land Transaction Tax (LTT), which applies to most residential property purchases. This includes first homes, second homes, and buy-to-let investments. How Land Transaction Tax Works LTT is a Welsh property tax applied on the...
It’s not all doom and gloom: property predictions for 2021
The end of 2020 saw house prices at a record high, helped by the chancellor’s Stamp Duty holiday, but what is likely to happen in 2021 as financial disruption continues? The property market slumped during the first lockdown of 2020, with prices down 0.5 per cent halfway through the year. However, following relaxing of restrictions...
What are people looking for in a home post Covid 19?
Following a year of lockdowns and working from home, people are looking at their properties in a different light. Living close to their place of work is less of a priority, with other desirable qualities shooting to the top of the list. The Office for National Statistics has found that before 2020 around 70 per...
Public support for enhancement of green spaces
The pandemic and subsequent restrictions have highlighted to many the importance of green spaces for mental and physical health and wellbeing. Research commissioned by the Council for the Protection of Rural England (CPRE) together with the HomeOwners Alliance and carried out by YouGov in the summer of 2020, found that 71 per cent of those...
The government’s Green Homes Grant
The government’s Green Homes Grant scheme, announced in July 2020, is live. The grant can cover two-thirds of the cost of specified energy-efficient improvements on homes in England up to a maximum of £5,000, or £10,000 for those on certain benefits. What green measures can be funded? Home improvement measures are split into ‘primary’ and...
Common house survey problems
If you’ve found your dream home, the last thing you want is a survey that reveals problems. However, this doesn’t mean that your purchase can’t go ahead. Usually, a solution can be found. When a property is offered for sale its condition isn’t always obvious. It isn’t until the surveyor has had a good look...