Category: Re-Mortgage
LPL’s case management software Hoowla has successfully integrated Armalytix
LPL are committed to leading the conveyancing industry by utilising new technology, making buying or selling a home a fast and stress-free experience both for clients and conveyancing teams. LPL takes a fresh approach to conveyancing by delivering an unbeatable digital service. Louise Stephens-Pantoja, Head of Operations at LPL, said: “With a solid foundation of...
How an estate agent will value your property
If you are selling your home, the first step is usually to ask an estate agent to value the property. We explain what they look for and how they arrive at their valuation. The agent will take into account a number of points, from the area you live in to the likely work needed on...
How to keep your home free from damp and mould
Damp and mould can be damaging to property and in extreme cases, mould can cause health concerns. We take a look at how to reduce the risk of both damp and mould, which will help you keep your property in good condition. As well as allowing mould to grow, damp can also cause wallpaper to...
Spray foam insulation can make homes unmortgageable
Despite recommendations to insulate our homes, it is important to take into account potential problems. While foam insulation has been marketed as a means to save money, in fact foam insulation sprayed into a roof void can mean a property becomes unmortgageable and so loses substantial value. Spray foam has been around for over thirty...
Extending a residential lease
As a leaseholder of a flat, you have the right to extend your lease if you have lived there for two years or more. Even if you have not lived there for this length of time, the freeholder may still be prepared to agree to a lease extension, although you will not be able to...
Reasons why you may have red flags in your AML checks as a homebuyer
When you buy a property, your solicitor is required by law to carry out an anti-money laundering or AML check. They may ask a third party to do this on their behalf and report back to them. AML checks are intended to try and reduce money laundering that can come from illegal trade and could...
Buying a property with friends
With property prices remaining high, you might be considering buying a home or investment property with one or more friends. We take a look at the implications of doing this and the precautions you need to take. For many young people, saving for a deposit for their first home is a challenge. Without the help...
Stamp Duty changes September 2022 explained
In September 2023, chancellor Kwasi Kwarteng announced changes to rates of Stamp Duty payable on property purchases in England and Northern Ireland. Although tax cuts announced at the same time were subsequently withdrawn, the Stamp Duty changes remain in effect. The new rates of Stamp Duty will mean less tax will be payable for some...
How does a gifted deposit for a house purchase work?
With house prices continuing to make buying a first home difficult, many people are given money towards the purchase by parents and other close relatives. When using a gifted deposit there are a number of steps to go through to satisfy lender and other legal requirements. You should also consider the legal implications of a...
