When scraping together to buy a home, it is all-too common to focus solely on the price of the flat or house you want. Unfortunately the extra costs do mount up, leaving many exasperated new owners wondering just where all the money goes. When evaluating the affordability of a property, always make allowances for improvements [...]
HSBC’s announcement in January that it would get a panel of 43 conveyancing firms to convey properties being bought by its borrowers may be causing problems in the housing market, and shines a light in the virtues of mortgage lenders’ conveyancing panels in general. There are widespread reports of increased delays in conveyancing for HSBC-backed [...]
In the 2012 Budget Stamp Duty Land Tax was one of the biggest headline grabbers. The Chancellor announced an increase Stamp Duty Land Tax on properties worth more than £2 million. That attracted the attention, but of more significant news was the loss of 0% SDLT on properies up to £250,000 for first-time buyers. What [...]
You will find plenty of great guides to help you negotiate the conveyancing process here, but if you haven’t time to have a browse, read on for a quick blast of conveyancing advice. The Council of Mortgage Lenders reckon 28% of home sales fall through because of buyers having second thoughts. When budgeting for the [...]
You will find plenty of great guides to help you negotiate the conveyancing process here, but if you haven’t time to have a browse, read on for a quick blast of conveyancing advice. If you are buying a home with someone who has bought a property before, you won’t qualify as a first-time buyer. Following [...]
Often an estate agent will try and sell you the services of a conveyancing solicitor. They might just be looking out for you, but the chances are they are putting them forward because of a commercial agreement or because the agents and conveyancers are owned by the same company. Whatever the real reasons, one reason [...]
When to get a conveyancer ? Plenty of people wait until they have had an offer accepted on a house, but it is really important to instruct your conveyancer nice and early. It can save you a lot of bother. Most people wait to have an offer accepted on a house or flat before starting to [...]
