LPL news – Stay informed with the latest property market updates, conveyancing insights and legal developments. Our expert team at LPL keeps you up to date with breaking news, industry trends and essential guidance on buying, selling and remortgaging your home. Trust LPL for reliable expert-driven property law news as it happens.
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...
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...
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 Although tax cuts announced at the same time were subsequently withdrawn, the Stamp Duty changes remain in effect.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...
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...
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...
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...
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...
A recent study from Money.co.uk has found that homeowners could add £29,000 to the value of their property by undertaking some easy eco upgrades. As green living becomes more and more important, homeowners have the opportunity to save money as well as the planet by making some simple changes. The study compared the cost of...
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...
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