From 1st April 2016, there will be a higher rate of stamp duty payable by those who purchase a buy to let property or second home. The higher rate of tax applies to properties above the price of £40,000.00 and will be in the sum of 3%. This additional tax is payable on the full…
Spring is a popular time of year for moving home. Many home owners may be looking to advertise their property for sale, and others will be looking to buy. Buying and selling a property is too often seen as a difficult or stressful process. This needn’t be the case. Whether it’s buying your first home,…
Savvy property investors and professional landlords are edging their bets further north than ever before as rental yields across the North West of the UK boom. Whilst property values in London continue to rise faster than the rest of the country (a staggering 19.1% jump year-on-year) and the average house price stands at £514,000, in…
A 8.3% rise is expected in house prices this year, however with government schemes such as help-to-buy, rising house prices won’t stop the housing market from booming over the next year. Purchasing or selling a home can be a long process. Once the offers have been made and accepted there are legal requirements that need…
Commercial law can be complicated, here are our top tips on making sure things go smoothly. 1. Location Before you enter into negotiations consider whether the property is right for you. Speak to a surveyor to make sure you are not paying over the odds for a property in that location. Also make sure that…
The Government has recently introduced an initiative called The Green Deal, which is designed to reduce carbon emissions and save energy in the home. The premise is that, if residential properties can be better insulated and have other energy efficiency improvements made to them, then energy demands will be reduced. The Green Deal allows property…
Beware of the Break Clause Our team of property lawyers say that it is not uncommon for a lease of commercial property to contain a break clause in favour of the tenant. It is, however essential that any tenant with the benefit of a break clause is able to exercise it, otherwise the tenant may be left…