Category: Re-Mortgage
Should I buy a house with solar panels?
Many homes now have solar panels and with energy bills a concern, they are more attractive than ever. But before you commit to buying a home with solar panels already installed, there are certain points you need to be aware of. Solar panels provide free or cheap electricity for your home and reduce the need...
What are the legal implications of Airbnb-type short lettings?
With the increase in popularity of short lets, such as via the Airbnb website, it is important to understand the legal implications, to include whether this type of short-term letting is permitted for leasehold properties and what preparations need to be made to protect your property and restrict your liability. While it is relatively easy...
Can you exchange contracts and complete on the same day?
If you are buying or selling a property, the agreement does not become legally binding until contracts are exchanged. We take a look at what this means and whether exchange and completion can happen simultaneously. When someone buys a property, there is a substantial amount of work to be done beforehand. All of this must...
First time buyer questions answered
If you are planning on buying your first home, you probably have many questions. The process can be confusing and it is important to fully understand what you are taking on when you make such a major investment. We answer some of the most commonly asked questions of first-time buyers. How do I know which...
Enforcing restrictive covenants
Most properties are subject to restrictive covenants. We take a look at the law surrounding them and whether they can be enforced. Restrictive covenants require landowners not to carry out certain acts in respect of their property. For example, not to construct anything forward of the building line, not to park a caravan on the...
What is collective enfranchisement?
If you own a flat with a long lease (granted for more than 21 years) you have the right to purchase the freehold of the building. This is referred to as collective enfranchisement. Where a landlord or management company owns the freehold of a property that contains flats, the flat owners will be required to...
Buying a building plot
If you want to build your own dream home, the first step is buying the right plot of land. There is a lot to consider before you agree to a purchase and it is vital that all of the preliminary work is done to ensure that your build goes as smoothly as possible. There are...
Kwarteng announces Stamp Duty cut effective from today
LPL, like other conveyancers around the UK, are preparing for another peak in services demand as the announcement that stamp duty land tax (SDLT) would be cut as part of Kwasi Kwarteng’s mini-budget 2022. This is a permanent cut which is effective from today, so it’s no surprise that Rightmove’s traffic soared within an hour...
Nearly half of UK house buyers lose possessions during their move
Research carried out by insurance company Admiral has found that nearly half of home movers lose items during their house move, some of them valuable or irreplaceable. The insurer teamed up with removals experts to look at the extent of the problem and list some tips to avoid it. The study found that 47% of...
