News -> Conveyancing

Exchanging Contracts
Exchanging contracts is the key moment in the conveyancing process; even more so than completion (read what happens on completion). Once your solicitor has exchanged contracts with the seller's solicitors you will be contractually bound to buy the property you have been working so hard to buy and...
27/01/2020
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How we uncovered the truth behind the Help to Buy ISA
We were delighted to hear about the launch of the Help to Buy ISA when George Osbourne announced it in the House of Commons. Its stated purpose was "to tackle the biggest challenges facing first time buyers; the low interest rates when you build up your savings and the high deposits required by the...
27/01/2020
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What are the reasonable costs of the freeholder
The leaseholder is liable to pay the reasonable costs of the freeholder when they extend their lease or buy the freehold (collective enfranchisement). The question is what are the reasonable costs of the freeholder and what can you do if you think the costs are unreasonable? In this...
14/01/2020
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Capital Gains Tax on Gifted Property
The capital gains tax on gifted property varies depending on the relationship between the owner of the property and the party/ies being gifted the property. HMRC will look to the relationship between the seller and the buyer to see how to treat the capital gains tax on gifts.  Some parents...
09/01/2020
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Change from tenants in common to joint tenants
You often change from tenants in common to joint tenants when your relationship changes with someone you jointly own property with; most commonly a husband and wife on a buy to let for tax purposes. The change in title ownership allows the joint owners to benefit from owning the property jointly...
08/01/2020
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Discount Market Sale (DMS) - a path to low cost home ownership
Discount Market Sale (DMS) – also known as Council Shared Equity or reduced market value scheme – is a low cost home ownership product where you can buy a new build or existing property at a discounted price from a local council participating in the scheme in collaboration with developers...
06/01/2020
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Ground rent increases every 25 years - What can you do?
Ground rent increases used to be very small. In the 1950s through to the 1970s you would most likely have a lease that had annual ground rent from £10 to £50 and if there was a ground rent increase within the lease it would be as low as £10 or £25 after 30 or 40 years (a lot of money at the...
06/01/2020
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Declaration of no interest in property
A declaration of no interest in property legally confirms the property is held on trust and that one of the beneficiaries has no financial benefit in the property. Whilst joint owners of property normally want to have as much beneficial interest as possible, there are cases where it is their...
16/12/2019
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Declaration of Trust Definition
A declaration of trust is a very simple written declaration that evidences that a bare trust exists between joint owners of property (either legal and/or beneficial). When related to property, the declaration of trust could be as simple as "I Andrew Boast declare that I hold the...
15/12/2019
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Deed of Assignment - Transfer your beneficial interest in property
A deed of assignment, in relation to property, is used to assign an equitable interest in land to another party. Equitable interest is also known as beneficial interest. Unlike a deed of trust that is drafted at the point of purchase, a deed of assignment is drafted at the point you own the...
15/12/2019
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Deed of Trust
A Deed of Trust is an 'Express or Bare trust' (which includes within it a declaration of trust) that sets out the individual interests and intentions of joint owners of a property. The detail of the deed will depend greatly on the relationship between the co-owners of the property. Without such...
10/12/2019
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4 Ways to Avoid Inefficient conveyancing solicitors
Inefficient Conveyancing Solicitors can add delays to an already time sensitive process. New technology such as scan, email, online ID checks and online stamp duty and land registration filing should be adopted to make sure you can have the fastest conveyancing transaction possible (click to find...
09/12/2019
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Exchanging Contracts
27/01/2020
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How we uncovered the truth behind the Help to Buy ISA
27/01/2020
View
What are the reasonable costs of the freeholder
14/01/2020
View
Capital Gains Tax on Gifted Property
09/01/2020
View
Change from tenants in common to joint tenants
08/01/2020
View
Discount Market Sale (DMS) - a path to low cost home ownership
06/01/2020
View
Ground rent increases every 25 years - What can you do?
06/01/2020
View
Declaration of no interest in property
16/12/2019
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Declaration of Trust Definition
15/12/2019
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Deed of Assignment - Transfer your beneficial interest in property
15/12/2019
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Deed of Trust
10/12/2019
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4 Ways to Avoid Inefficient conveyancing solicitors
09/12/2019
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Can I force the sale of a jointly owned property?
09/12/2019
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Fire Risk Assessment for Flats
09/12/2019
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Right to Manage Leasehold Process
09/12/2019
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Section 42 Notice - What You Need to Know
09/12/2019
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Tips for Choosing the Best Conveyancing Solicitors
09/12/2019
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What are Leasehold Service Charges?
09/12/2019
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What happens when you get repossessed? The 7 stages
09/12/2019
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Lease Extension Cost
06/12/2019
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Occupier Consent Form - What does your mortgage lender need?
06/12/2019
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When do you pay your house deposit?
06/12/2019
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5 top tips for fast conveyancing!
04/12/2019
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Auction Conveyancing - Our buyers guide
04/12/2019
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