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Insights

17 year high in house price growth

Posted on 05th April 2022 in Residential Property

It has been reported by Nationwide that in March 2022, house prices grew at the fastest annual pace for more than 17 years, notwithstanding the pressures on living standards with spiralling living costs.

Posted by

Nick Conner

Partner and Solicitor

Insights

House prices rose fastest in the South West

Posted on 20th January 2022 in Residential Property

Official figures show that house prices in the South West of England rose fastest than anywhere else in the country.

Posted by

Nick Conner

Partner and Solicitor

Insights

Property market predictions for 2022

Posted on 05th January 2022 in Residential Property

The past year demonstrated the strength of the UK property market with house sales and property prices hitting double digit growth in some areas of the country, even with the effects of Covid continuing. What can we expect in 2022 and will there be more stability?

Posted by

Nick Conner

Partner and Solicitor

Insights

Key points you need to know from the 2021 Budget

Posted on 04th March 2021 in Family Law, Employment, Residential Property, Later Life Planning, Company & Commercial, Coronavirus Pandemic

Chancellor Rishi Sunak delivered the 2021 Budget, which extended several Coronavirus support schemes and outlined plans for the country’s post-pandemic recovery.

Posted by

Amy Laver

Partner and Solicitor

Insights

Predictions for what could be in the 2021 Budget

Posted on 01st March 2021 in Employment, Residential Property, Later Life Planning, Coronavirus Pandemic

With less than a week to go until the next Budget, on 3rd March 2021, speculation is rife as to what Chancellor Rishi Sunak may announce. With the pandemic affecting the country for more than a year, there are likely to be numerous Covid-related support measures announced.

Posted by

Rachael Morley

Partner & Solicitor

Insights

Possible extension to the stamp duty holiday

Posted on 17th February 2021 in Residential Property, Coronavirus Pandemic

Coupled with operations restrictions, the stamp duty holiday has slowed almost every part of the conveyancing process. Surveyors, mortgage lenders, search agencies and conveyancing lawyers are struggling to meet demand which means that the average property transaction completion time has increased from 12 weeks to 16 weeks. As a result, current new buyers are unlikely to meet the March 31st deadline to take advantage of the stamp duty holiday.

Posted by

Nick Conner

Partner and Solicitor

Insights

What happens to joint property when cohabitation ends?

Posted on 03rd February 2021 in Family Law, Dispute Resolution, Residential Property

Separation is never easy, but if you and your former partner own property together, the situation can be even more complicated.

Posted by

Martin Laver

Partner and Solicitor

Insights

Do I have to pay Capital Gains Tax when selling your home?

Posted on 26th October 2020 in Residential Property, Later Life Planning

You may not be aware that you do not have to pay Capital Gains Tax when selling your home, but the detail of the rules are a little more complex than this though.

Posted by

Rachael Morley

Partner & Solicitor

Insights

I have exchanged contracts on my sale/purchase, but the other party wants to call a halt because of Covid-19. What happens?

Posted on 01st May 2020 in Residential Property

Residential property contracts will be governed by the Law Society’s standard conditions of sale. These conditions do not include any provisions to expressly cover the event of a pandemic or epidemic, or otherwise the death or serious illness of a party.

Posted by

Nick Conner

Partner and Solicitor

Insights

I was going to sell my house. Should I wait until all this is over?

Posted on 24th April 2020 in Residential Property, Coronavirus Pandemic

While every transaction is different, it will generally take 2-3 months from the date a buyer is found to the buyer getting the keys, i.e. completion. Taking into account that lead-in time, there is logic in sellers still trying to get their house sales tied up now, and we continue to be instructed on new deals.

Posted by

Nick Conner

Partner and Solicitor

Insights

Support in the property market during Coronavirus

Posted on 27th March 2020 in Residential Property, Coronavirus Pandemic

Moving house can be stressful at the best of times, but the current unsettled situation surrounding Coronavirus brings with it a set of new challenges and uncertainty.

Posted by

Vernon Clarke

Partner and Solicitor

Insights

Adverse possession – an explanation of the reality behind ‘squatter’s rights’

Posted on 25th March 2020 in Residential Property

A concern for a property owner with vacant land and buildings is the possibility of third parties taking up residency on that land or within a building.

Posted by

Nick Conner

Partner and Solicitor