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Capital gains tax on inherited property

23rd May 2020
It is never easy to sell an inherited property. If anything, it is one of the hardest things one can ever do. When trying to sell an inherited property, just putting it on the market can bring up a lot of emotions. Those that sell inherited property always end up surprised on realizing that they…

We Buy Any House Companies UK

18th May 2020
If you have been paying attention to the happenings in the real estate world, you will have noticed that We Buy Any House companies are all over the place. Besides popping up in all corners of the UK, these companies are fast luring homeowners looking to offload their properties. What they do is make a…

What is A TR1 Form

15th May 2020
What is A TR1 Form and when you should use it The formal land registry document used to handover legal ownership of a property is called the Land Registry TR1 Form. In this case, the party or parties involved in the transaction can either be ‘legal persons’ (companies) or individuals. A handover process can also…

How to Sell a House Fast in a Slow Market

14th May 2020
Every home seller would cherish selling their home fast. However, the seller’s market fluctuates at times. The market becomes slow when the real estate properties out do the number of potential buyers. Though it’s still possible to make a quick sell with this condition. To make a sale in this case, you will have to…

Sell your house yourself on Rightmove

14th May 2020
Rightmove is the largest property selling portal in the UK that people use when looking to buy property. The portal allows you access to potential buyers from across Britain. Rightmove is one of the tools that has helped to drag the property market into the digital era. Does Rightmove allow private sellers? In a word…

How Many Searches Are Done When Buying a House?

30th April 2020
Before a buyer can exchange a contract with the seller to signify their commitment to acquire a property, they need to make certain that they have gathered as much info on it as possible. This is where the ‘property searches’ comes into play. Searches refer to inquiries made by licensed conveyancers or solicitors on behalf…

How Long Does It Take to Move House?

28th April 2020
In total, moving to a new house will take you anywhere from 8 weeks to 22 weeks. There is a lot that goes into a move, and several factors play into the total time it takes from start to finish. That includes finding a new property, getting your mortgage approved, undergoing building surveys, conveyancing and…

Questions to Ask When Buying a House

23rd April 2020
Buying a house is one of the most important and toughest tasks that you will ever have to endure. For this reason, estate agencies came into existence. The role of an estate agent is to make the process of buying a home easier. Estate agents study the ins and outs of the market and use…

Buying a house with loft conversion without building regulations

9th April 2020
It is not uncommon for people to only become aware that the houses they are buying come with loft conversions without building regulations when obtaining the local authority search. This often comes up during the process of conveyancing. This may cause primarily three issues: The loft conversion might be inhabitable. The property’s worth my not…

How to Avoid Stamp Duty on Second Home

6th March 2020
Since April 2016, owners of second homes in England and Northern Ireland will have to pay an additional rate of stamp duty. The rate applies to both leasehold and freehold properties, particularly those costing over £40,000. This is applicable whether you are purchasing the property outright or with a mortgage. You will also be required…

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