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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

What happens if a buyer or seller drops out after exchanging contracts?

Posted on 01st May 2020 in Residential Property, Coronavirus Pandemic

Residential property contracts are governed by the Law Society’s standard conditions of sale, so pulling out is a breach of contract and attracts financial penalties.

Posted by

Nick Conner

Partner and Solicitor

Insights

What is the reality of adverse possession and 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

Insights

How will the new measures effect leaseholds?

Posted on 19th April 2019 in Residential Property

The Government has announced plans to tackle unfair leaseholder arrangements on new build properties, but in the meantime, as the Spring housing market gets into full swing, it’s worth understanding the difference between freehold and leasehold property. 

Posted by

Nick Conner

Partner and Solicitor

Insights

The 8 stages of buying a new build home

Posted on 11th April 2019 in Residential Property

Buying your home is probably the most expensive investment that you will ever make so it pays to get the right advice. As one of the oldest and largest firms in the South West, we aim to provide you with a swift and expert service at a competitive price.

Posted by

Jessica Betts

Associate & Chartered Legal Executive

Insights

What is a purchase reservation agreement?

Posted on 02nd February 2019 in Residential Property

Aside from being gazumped, one of the worst fears of a party to a property transaction is the other side getting cold feet and pulling out at the last moment without a good reason.

Posted by

Nick Conner

Partner and Solicitor

Insights

Could your long lease in fact be a shorthold tenancy?

Posted on 22nd February 2018 in Residential Property

An assured shorthold tenancy (“AST”) is traditionally used by buy-to-let landlords when granting a tenancy of a residential property and will commonly be for a period of between six to twelve months.

Posted by

Nick Conner

Partner and Solicitor