Articles in ‘Property Conveyancing’ Category

With the property market now in the spotlight our Residential Property team have a few thoughts on how to keep the transaction secure and limit the financial risks. Keeping yourself virus free is one thing, but if you are not careful your sale and purchase could become a costly victim of the virus too.

Whilst the housing market is in lockdown, there may be opportunity to get your house in order to speed up selling your home when the restrictions lift.

How can the new build residential property market lead the way in the whole market getting back on track? Here we look at ten reasons that makes accelerating new build construction, the right choice in this unprecedented time.

The Coronavirus Act 2020 came into force on 26 March 2020 in England and Wales and will be in place until 30 September 2020.

The legislation covering assured shorthold tenancies, regulated tenancies and fully assured tenancies has made changes to the notice period for Section 21 notices and Section 8 notices.

The coronavirus pandemic has disrupted many, if not all, areas of our personal and business lives. But one area that has ground to a halt is the housing market. So if you were in the process of buying a house, or were looking whilst the lockdown took effect, we have put together a few FAQs for house buying during coronavirus.

The Royal Institution of Chartered Surveyors (RICS) is urging the Government to introduce an emergency stamp duty holiday to help revitalise the post-pandemic housing market. This is a measure that we would certainly support.

Associate Beth Heley in our Residential Property, Farms & Estates looks at the pros and cons of a simultaneous exchange and completion for residential property sales and purchases, as the country awaits guidance on easing the current lockdown measures.

The impact of the Covid-19 pandemic on the housing market has been widely reported, with a near complete halt on transactions during lockdown.  This was undoubtedly frustrating for those keen to move but arguably even more so for individuals looking to reclaim an additional 3% of SDLT previously paid as a result of the higher rates now attaching to second homes.

Rishi Sunak is considering an overhaul to CGT which could lead to those with second homes and buy-to-let properties paying tens of thousands of pounds more in tax when they come to sell.

A long-awaited announcement has been made by Housing Secretary Robert Jenrick.

The SDLT Holiday explained:

A question frequently asked by landowners is what is the difference between an option agreement and a promotion agreement? And which should they enter into?