We are delighted to hear of the changes to the Stamp Duty Land Tax thresholds following the government's recent budget announcement. It means that first time buyers buying properties worth up to £425,000 pay no stamp duty land tax, and the threshold at which stamp duty land tax is payable for those who have previously [...]
A new initiative from the Government has been announced – Help to Build. Similar to the Help to Buy equity loan, this particular proposal is an equity loan from the government of up to 20% to assist individuals building their own dream home. There are, of course eligibility rules including, you must fully own the [...]
A recent case of a fraudulent property transaction has been making headlines and provides a stark warning to both conveyancers and property owners. The owner of the property in question was working away from his Luton property when he was informed by neighbours that there was activity in the home. Upon returning, he discovered that [...]
Anyone who has purchased a property in or around Lancaster within the last few months should already be aware that an Article 4 Direction is coming into force on 10th November 2021 in parts of Lancaster, but what is an Article 4 Direction? An Article 4 Direction is when a Local Council removes permitted development [...]
A recent article by Martin Parrin reveals that over a quarter of all house sales last year in England and Wales fell through. Reasons for such sales falling through includes buyers and sellers changing their minds, gazumping (when someone puts in a higher offer), buyers unable to obtain a mortgage, and buyers pulling out due [...]
