Tag: find a conveyancer
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...
Understanding public rights of way over private land
If you have a public right of way over your land or you are considering buying a property with a public right of way crossing it, you need to be aware of the obligations that accompany it. You may also have questions about moving the path. We take a look at the legal situation. Public...
Understanding equity release
Equity release policies give homeowners aged 55 or older the option of freeing up capital from their properties without needing to sell up. Whether you want funds to travel, help your children onto the property ladder or make some home improvements, equity release may be an option you are considering. However, you must always take...
Should you sell your rental property while the tenants are in it?
It’s perfectly possible to sell a property while it’s being rented to tenants, but is it a good idea? We look at the pros and cons. For landlords who want to sell, whether or not to give the tenants notice can be a big decision. Selling property with tenants in situ If you choose to...
Can you exchange and complete on the same day?
If you are moving house, you may be wondering if it is possible to exchange contracts on the same day that you complete your sale or purchase. When you buy or sell a property, it is normal to exchange contracts a week or more in advance. This gives your solicitor time to carry out the...
Dealing with a boundary dispute
Boundary disputes can be difficult to deal with and disagreements with neighbours can escalate if they are not resolved promptly. Disputes are often over small areas of land, for example, a corner of the garden or the edge of a driveway. The official plans of properties that are available from the Land Registry are rarely...
Two-thirds of first-time buyers are purchasing a property jointly
According to mortgage lender Halifax, nearly two-thirds of first-time buyers in 2023 did not buy their property in their sole name. The lender found that 63% of first-time buyer mortgage completions were in joint names. The average deposit put down was £53,414, which accounts for 19% of the purchase price. During a challenging financial year,...
How much does conveyancing cost?
If you are moving house, you need to know how much the full costs of buying and selling are likely to be. We look at the expenses that you will incur alongside the basic solicitors’ costs for conveyancing and what these charges are for. The charges for the legal work aspect will depend on a...
Our 5 top tips for first time buyers
Buying your first home is an exciting time, but it can also be daunting. We outline our five top tips for first time buyers to help you prepare and give you the best chance of securing the home you want. 1. Check your credit score and take steps to improve it if you need to...
