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commission on house sale
Opinion  |  19:10:18
What will happen if you fail to exchange on a house purchase?
Exchanging contracts on a house sale can be a highly exciting, but also a stressful time. But what will happen if for whatever reason you fail to exchange? In this blog which originally appeared in The Financial Times, Zainab, our head of the London residential property team explains what this could mean for the house sale?
Opinion  |  01:10:18
Restrictions on use when owning a Leasehold Property
Owning a leasehold property can be a very complex and daunting venture both for the inexperienced and the most experienced of property owners. Failure to comply with any restrictive covenants contained within a lease can lead to avoidable and unfortunate repercussions due to the leaseholder not fulfilling their obligations.
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Opinion  |  14:08:18
Cohabitee wins fight for half of partners £1.7m home
A law graduate who lived with her partner won a legal fight yesterday that will leave her with half of a £1.7m home. The courts awarded Ms Ladwa half of the home despite arguments from her former partner, Ms Chapman, that she had funded the home and their lavish lifestyle entirely. The couple were engaged to be married but separated in 2016.
Opinion  |  02:08:18
Key terms in New Build Conveyancing
According to the Ministry of Housing, Communities & Local Government Housing Statistical Release on 28 June 2018; there were 160,470 completions of new build properties from January 2018 to March 2018. This is an 8% increase from 2017. There are clearly many people purchasing new build homes. However, do these prospective buyers understand the terminology frequently used by their solicitors and the developers?
Cere home fees
Opinion  |  24:07:18
How to successfully apply for the Help to Buy equity loan
Many people find themselves in a position where they are financially comfortable with mortgage repayments, yet cannot save up the necessary deposit to purchase a home. The Help to Buy equity loan scheme offers the opportunity for purchasers to borrow up to 20% of their property purchase price (40% in London).
commission on house sale
Opinion  |  06:10:17
How much did you say? – an estate agency law update
The Estate Agents Act 1979 (“the Act”) has been with us for some 34 years, the major part  coming into force in May 1982. The important Regulations referred to at Section 18 of the Act came into force on 29 July 1991 (“the Regulations”) . So there really should be no surprises and no reasons for disputes over when a person acting as an estate agent is entitled to a commission, and how much they should be paid, and yet disputes continue and commissions are lost.
Opinion  |  19:10:15
The pitfalls of residential tenants running a business from home
In recent years we’ve seen a trend of more and more people working from home. But did you know that in the case of rented property, this can change the legal relationship between the landlord and tenant, from a residential tenancy to a business one?
Opinion  |  02:04:14
Can I sell Mum’s home to fund her care?
Question: My mother gave me Lasting Power of Attorney over her affairs. She appointed me jointly and severally with my sister, who lives in Australia. She now has dementia and needs to move into a specialist residential care home. We will have to sell her house to pay for her care fees. Can I do this on my own or do I need to involve my sister?
Opinion  |  06:03:13
Planning permission for pony paddocks?
We often have clients wishing to buy small parcel of land from the local farmer to keep ponies or horses in, but they often don’t realise that there may be planning issues. Simply because...
Opinion  |  06:03:13
Apportionment of chattels and stamp duty land tax in relation to purchase price
Stamp duty can be the greatest cost in buying a property and if the sale price is on the stamp duty threshold then some sellers or buyers may be tempted to divide the purchase...