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Residential Conveyancing

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What does it mean to own property as a Tenant in Common?

There are two different ways people can own property in England and Wales, as either Joint Tenants or Tenants in Common . Whilst this distinction makes little difference to the day-to-day occupation and use of the property, the way in which a couple own it...

Special considerations when purchasing unregistered land

As of September 2019, 87% of land in England and Wales is registered. However, a small number of properties remain unregistered. If you decide to purchase unregistered land, there will be special considerations that apply in comparison to...

Can a solicitor act for the buyer and seller of a property?

This blog will briefly address whether a solicitor can act for multiple parties within a conveyancing transaction . This question commonly arises as parties are tempted to save costs by sharing a solicitor rather than each instructing a separate...

What is a Repayment Mortgage?

There are various different types of Mortgages available and you should seek independent financial advice on which type of Mortgage best suits you.  In brief, a Repayment Mortgage is one that both the capital and interest are repaid each month. This...

When is Stamp Duty Land Tax payable?

You may need to pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland. The current SDLT threshold is £125,000 for residential properties and £150,000 for non-residential land...

If a family member gifts money towards my house deposit - how should it be documented?

It is not uncommon for family members to assist one another with the funds for a house deposit. However, it is important for this to be documented properly to ensure that the ‘gift’ of funds is not construed as a loan that needs to be repaid in...

How much does a conveyancing transaction cost?

When you purchase a property, there will be additional costs that you need to pay in addition to the price of the property itself.  Various factors will affect the cost of your transaction and it is unlikely that any two conveyances will be exactly the...

What are Joint Tenants?

There are two different ways a couple can own property in England and Wales, as either Joint Tenants or Tenants in Common. Whilst this distinction makes little difference to the day-to-day occupation and use of the property, the way in which a couple own it...
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