Private Rental Sector Slowing In UK But Will Expand In The Long Term

Due to Government intervention and economic uncertainty, the growth of the private rented sector in the UK has slowed down. However, affordability issues for first time buyers is expected to expand over the long term. Tax and regulatory changes  have had to me made by landlords and as a result, the number private rentals has […]

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The Starter Home Scheme

You may remember last year when the Government announced a new Starter Homes Initiative in England. Well here is the low down for those interested. The Starter Homes scheme aims to help  first-time buyers (between 23 and 40 years) purchase a home with a minimum 20% discount off the market price. The initiative aims to […]

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Licenced Conveyancers To Publish Prices Online

  As the process of buying and selling properties is becoming more transparent, new regulations are evolving continuously. The most recent change is going to be that conveyancers will be required to publish their service standards and prices online. The Council for Licensed Conveyancers says this is to help consumers make informed choices when they need a lawyer, […]

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New Home Sales Increase In England And Wales In April 2018

THE SALE OF NEWLY BUILT HOMES AND FREEHOLD PROPERTIES INCREASED IN ENGLAND AND WALES IN THE MONTH OF APRIL 2018, OFFICIAL FIGURES FROM THE LAND REGISTRY SHOW. 78,408 Sales were recorded in April 2018. Out of these, 11,758 were new builds, a 28.2% increase on April 2017. Of these, 57,657 were freehold. This is a […]

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How Long Do Solicitors Take To Exchange Contracts?

On average, the exchange of contracts for a property purchase in the UK takes six-eight weeks. However, the conveyancing process can be longer or shorter depending on the complexity of the purchase. When do I exchange contracts? Exchange usually takes place seven to 28 days before completion, although it is possible to exchange and complete […]

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Do I Need Short-Term Buildings Insurance Between Exchange And Completion?

Did you know that from the moment contracts are exchanged you’re legally responsible for insuring your new property? It’s an unusual situation because ownership isn’t legally transferred to you until the completion date. So do you need short-term buildings insurance to cover the period between exchange and completion? The answer depends on whether you’re already […]

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Why Do Solicitors Take So Long To Exchange Contracts?

Many people often wonder why it takes so long for solicitors to exchange contracts, whether it is a sale or purchase. Sale and purchases are split in terms of the work that’s needed. Both sales and purchases have pre-exchange and post-exchange work, although it’s worth knowing that these two are not equal in terms of […]

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What Is The Difference Between A Solicitor And A Conveyancer?

When buying and selling property, this is one of the first questions you should ask. Knowing the difference between a solicitor and a conveyancer will help you to employ the right person for the job, saving you money or ensuring you have the legal backup you require. What is the difference between a solicitor and […]

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How To Choose A Solicitor For Conveyancing

Finding a good conveyancing solicitor will make the process of buying and selling your property run much more smoothly. But how do you find a really good solicitor to handle your conveyancing? What is conveyancing? Put simply, conveyancing is the legal process of transferring the ownership of a property from the seller to the buyer. […]

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What Does A Conveyancer Do When Buying A House?

Conveyancing is required for when you choose to buy or sell a house. So, what does a conveyancer do when buying a house? This is a complex process in which they help you through the legalities and transition process. Below we explain in more detail the role of the conveyancer and how they assist you […]

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