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One of the first stages in the conveyancing process after instructing your solicitor is to provide them with your ID; both photo and proof of address. Whereas historically this was required to be in original format solicitors are more and more using technology to confirm who their client is -...

A Restrictive Covenant Indemnity Insurance Policy is most commonly taken out by the buyer of a property where the seller, or a previous owner, has breached a restrictive covenant over the land. This type of policy is also called 'breach of leasehold covenant indemnity policy'. Download a...

All residential conveyancing firms had to comply with the Solicitors Regulation Authority SRA Transparency Rules from 6 December 2018 under threat of enforcement action; but will these new rules mean a better residential conveyancing market? NB The rules affect residential conveyancing...

Insolvency indemnity insurance is a requirement for most mortgage lenders where the title to the property is subject to a deed of gift or if the previous transaction completed undervalue within the 5 year period. You can read our article here on the process for transferring property undervalue....

There are 2 ways you can pay for your shared ownership stamp duty land tax (SDLT): Pay a one-off sum - this is called a Market Value Election; or (like most shared ownership buyers) Pay any stamp duty due in stages (this is where the term staircasing is used). By opting to...

Building an extension is an exciting prospect as you'll benefit from more space and hopefully, an increase in your property's value. The downsides are the time it takes to complete the extension, issues with the local planning officer and under budgeting. The best advice is to plan properly and to...

Worst sales volumes for a July in the capital since Land Registry records began (1995) Help to Buy London initiative failing Is it time to abolish 2nd home stamp duty? [All statistics which follow are the most recently available figures from the Land Registry and the Bank of England...

The transfer of a property under market value is very common between family members; either to help their children onto the property ladder or as part of inheritance tax planning. You can read the process on how to do this in our Concessionary Purchase article. There is however a risk that the...