Article Category: Residential Conveyancing

Why Do You Need A Survey When You Buy A House?

If you are buying a property then you should always have a survey carried out before you exchange contracts. ‘Let the buyer beware’ This is because of the ‘buyer beware’ principle upon which property transactions are based. It is the buyer’s responsibility to carry out all investigations on the property and find any problems or… Read more »

Buying a house and misrepresentation

Buyers of a residential property often ask their conveyancer ‘When buying a house can we rely upon what the seller tells us verbally?’ The answer is generally, no – you can only rely upon what is put in writing by the seller or his/her solicitor. This was recently highlighted in a case Lloyd v Browning… Read more »

Could the green deal help you or your business?

It has recently been announced on the BBC website that the number of people taking up the ‘Green Deal’ has passed the 1000 barrier. See the BBC website article here. The Green Deal was created by the government to reduce household and business carbon emissions and to save energy. Through the Green Deal, the government are… Read more »

Chancel repair liability – what does this mean for homeowners?

What are chancel repairs? A chancel repair liability is the requirement for an owner of land to pay for the repair of the chancel (the part of the church containing the altar and the choir) of an Anglican parish church. What is a chancel? The chancel is the roughly the area (including the altar and… Read more »

Help to Buy scheme – how does it work?

The ‘Help to Buy’ scheme offers equity loans, available on new-build homes with a value of up to £600,000.  The loans were originally open to only first-time buyers of new build properties, however phase 2 of the scheme has now been released and is available to everyone buying new-build and older properties, with as little as a… Read more »

Act now to avoid penalties on income from second homes

Her Majesty’s Revenue and Customs are currently carrying out a ‘property sales’ campaign, to review all tax that should have been paid as a result of the sale of second homes or from rental income received on property. They have given house owners until Friday, 9 August to notify them of any such income. If… Read more »

Purchasing a home? Fixtures could affect stamp duty bracket

Fitted wardrobes will be classed as ‘fixtures’ and part of the sale price for a property when you come to buy a house, according to a recent HMRC case. Take heed, as this can make a significant difference to the amount of stamp duty that you may have to pay. Fixtures are items that are… Read more »