See all of our articles pertaining to Property Conveyancing and the law in this section.
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The Coronavirus epidemic is increasingly affecting the way we deal with property conveyancing transactions. However, Seatons will continue to offer the best possible service to clients, taking into account recommendations from the Law Society and advice from government and the NHS.
A failure to take legal advice cost a property buyer his £35,000 deposit as he fell foul of the time limits for the purchase. Purchasing property at auction can be legally hazardous as the following case shows.
When buying holiday homes abroad, it is absolutely vital to employ solicitors who are entirely independent of the vendors.
Ever increasing demand for housing in urban areas means local authorities are reluctant to approve developments that entail the loss of even a small number of residential units.
The steady rise in property prices as well as the imposition of strict mortgage lending requirements has meant that getting on the property market is tougher than ever before.
The issue of Chancel Repair Liability is one that many people will not need to consider when purchasing a property, but it is still a very real and tangible law that, if not addressed, can lead to extremely high financial costs in the future.
Most people buy and sell the property they reside in without any thoughts about tax, apart from perhaps Stamp Duty Land Tax. However, there are some circumstances in which selling the property you reside in can cause some tax issues.
With the rising prices of everyday life more and more people are finding that their pension savings, together with the state pension are not providing sufficient income to meet all their needs in retirement. If you do not have sufficient savings or assets your home could be a good way to help boost your pension.
In April 2013, the Government launched the first phase of the Help To Buy scheme. This gave homebuyers in England equity loans of up to 20% of the price of a “NEW PROPERTY” worth up to £600,000. Homebuyers needed to find at least 5% of the property price as a deposit, with a 75% mortgage to cover the balance.
It is well known that house prices have increased dramatically over the past decade. The younger generation who aspire to purchase their own property are struggling to meet the financial demand needed to obtain a mortgage.
We would like to reassure our client’s that it is business as usual and as a firm we intend on supporting our clients through this difficult time. Our priority is to be able to progress client matters whilst protecting both staff and clients. As a precautionary measure to limit the risk to everyone our preferred communication is by telephone and/or email and/or post. Given the government announcement we may take a little longer to respond to enquiries and deal with matters. Please bear with us in these unprecedented times.