Posts tagged with: #Conveyancing
The 2025 Budget introduces a “mansion tax” (High Value Council Tax Surcharge) on UK homes over £2M, taking effect April 2028. Homeowners face an annual levy up to £7,500, while buyers, sellers, and estate planners must consider legal and financial implications. Planning now is essential to manage future costs and property decisions.
When purchasing a property, your conveyancer must verify the source of your funds. This protects buyers, solicitors, and the property market under strict Anti-Money Laundering rules. By providing clear evidence such as bank statements, probate documents, or gift letters, you can help ensure a smooth and secure transaction.
Adverse possession allows someone to claim ownership of land they’ve occupied without permission for a set period. Our guide explains the process, from making an ADV1 application to Land Registry, to meeting the factual possession, intention, and time requirements. We cover registered and unregistered land claims in clear, practical terms.
Discover the key differences between freehold, leasehold, and commonhold property ownership. Learn which option suits your needs and how recent reforms could affect homebuyers in England and Wales.
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 […]
