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Transfer of equity solicitor – What you need to know

24th November 2020
Transfer of equity is the inclusion or exclusion of an individual from a title deed of a property. It is a partial or complete change in the ownership of a property. A transfer of equity is done in the presence of a solicitor. The new title deed will reflect new ownership once both parties bring…

Memorandum of Sale – What you need to know

13th November 2020
You may have come across the term ‘Memorandum of sale’ while selling or buying a property but maybe unacquainted with it or its importance. For any prospective buyer who looks to submit a mortgage loan application or a seller who wants to sell a house quickly, you must obtain this important document. This post explores…

What documents do I need to sell house

11th November 2020
It can be a daunting process to sell your house and most especially with all the hustle and bustle required to obtain the necessary documentation. Though it is an overwhelming experience to change what was once your haven and move into a new house. Conversely, the hard work takes its toll on the homeowner right…

How to Buy a Second Home

6th November 2020
For many people, buying a second home or property can be a very appealing idea, and around 10% of the UK population have second homes. The process of looking for a second property may be a bit easier since you have been through the process of buying your first house., but things can be a…

Buying A House Timeline

29th October 2020
Purchasing a home can be a very daunting task, especially if it’s your first time trying to own one. With the current Covid-19 pandemic, this task is even more challenging. Having a rough sketch of how this process works will make this task less stressful. This post is a comprehensive guide on the several steps…

Buying a leasehold property in UK

28th October 2020
When buying property in England or Wales there are two main types which are called freehold and leasehold. Freehold: When you buy a freehold property you are buying the property and the land it is on and it is for an unlimited time period. Leasehold: As a leaseholder you do not own the land the…

How Much are Solicitors’ Fees for Buying a House?

21st October 2020
Apart from the cost of the house you intend to buy, there are other expenses you must account for in your budget. These expenses might be overwhelming, especially if you didn’t include them in your financial plan. The main ones include the solicitor’s fees, estate agent’s fees and stamp duty. Research on these costs and…

House survey what do they look for

20th October 2020
A house survey is an expert inspection of a property’s condition, and identifies any problems to the prospective buyer. The homebuyer generally has a survey done on a property after their offer has been accepted by the seller. Reasons to Have a House Survey Property surveys are often detailed inspections of the home’s state. A surveyor, an…

House conveyancing – What you need to know.

17th October 2020
What is House conveyancing Conveyancing is the process of legally transferring the ownership of the seller to the buyer. It can also be defined as the legal transfer of a property title from one person to another. House conveyancing or property conveyancing follow a set procedure, but every house purchase is different in its own…

What Is Vacant Possession?

1st October 2020
When a seller is offloading a property, they ought to include a condition in the sale contract, which states that they will give the person buying the property vacant possession. In case the seller intends to sell the property with certain fittings and/or fixtures or occupying tenants, the contract will capture this using different wording.…

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