Category: Conveyancing
Stamp Duty Land Tax (SDLT) is a key part of the property purchasing process in the UK. For many buyers, it can be a significant cost to factor in when buying a property. Recent changes to SDLT have made headlines, and new requirements were rolled out on 1st April 2025. What is SDLT? Stamp Duty Land […]
Leasing a commercial property is a significant step for any small business. Whether you’re opening a retail shop, office, or industrial space, the lease agreement you sign will govern your rights and responsibilities for the duration of your occupation. For many small businesses, navigating these leases can be a bit of a minefield. In this […]
An overage agreement serves as a strategic tool designed to safeguard the seller’s future interests. This contractual arrangement allows the seller to potentially receive additional payments if specific conditions – often tied to the property’s future value – are met after the sale. Whether it’s due to new planning permissions, land use changes, or successful […]
There are many steps involved in the initial stage (which we often call the initial instructions) of conveyancing. Here we attempt to break them down into easy-to-understand and digestible steps. Step 1: How do I get a conveyancing quotation? Obtaining a quote is easy. You can get a quote by using our online calculator, or […]
Converting a commercial property into a residential space can be a lucrative investment, but it involves several legal and practical considerations. Here are seven crucial things to look out for. 1. Planning Permission and Permitted Development Rights Understanding whether your property conversion falls under Permitted Development Rights (PDR) is crucial. PDR allows certain changes without […]
Many tenants don’t realise that Stamp Duty Land Tax (SDLT) isn’t just for property purchases — it can also apply to commercial leases. This guide explains how SDLT is calculated on the Net Present Value of rent and any premiums, the relevant thresholds and rates, and why it’s vital to submit your SDLT return and pay tax on time.
In commercial property leasing, the Landlord and Tenant Act 1954 stands as a cornerstone statute, particularly concerning security of tenure – a concept that holds significant implications for both landlords and tenants. Let’s delve into what security of tenure entails under this landmark legislation and why it’s frequently excluded from commercial property leases. What is […]
If more than one person owns a property, then they can legally hold this in one of two ways – either as joint tenants or tenants in common. But what is the difference between the two and what does it mean for you as a joint owner of a property? If you were to hold […]
It’s National Conveyancing Week this week, a week long campaign designed to help people better understand the conveyancing process. Today is our final Blog of the week where we discuss the importance of providing excellent client care and service when you are buying or selling a property. At Thornton Jones Solicitors our team embodies our values of […]
