Tag: conveyancing
Government help schemes for first time buyers
Two Government schemes were launched in April 2021 with the aim of helping first-time buyers onto the property ladder. First-time buyers with small deposits will be able to purchase a home under the Help to Buy: Equity Loan scheme, set to run from April 2021 until March 2023. The scheme, which replaces a previous similar...
Stamp Duty surcharge introduced for overseas property buyers
On 1 April 2021, the government introduced a new Stamp Duty Land Tax surcharge of 2 per cent for buyers of homes in England and Northern Ireland who are from outside the UK. This means that overseas buyers will be required to pay an additional 2 per cent on top of the standard level of...
Buying an historic home or castle
A substantial historic home or even a castle might not be as expensive to buy as you imagine. But before you picture yourself as lord of the manor, there are several factors you need to take into account. Buying a unique period property can sometimes cost comparatively less than a smaller home, however ownership of...
Online property portal says January 2021 busiest New Year ever
Online property portal Rightmove has announced that January 2021 was the busiest start to a new year they have ever seen. The organisation said that the number of potential buyers contacting estate agents about properties was up 11 per cent on the same period in 2020 and rental enquiries were up 22 per cent. Visits...
Home ownership rates falling among younger people
Research has found that the number of people below the age of 45 who own their own home has fallen by more than a tenth over the past decade. The English Housing Survey is a continuous national survey commissioned by the Ministry of Housing, Communities and Local Government. Comparing the figures for 2019/20 with those...
NEW expanded Client Services team
To support LPL’s growth over the last year we are delighted to announce the launch of our NEW expanded Client Services team. Head of Operations, Louise Stephens-Pantoja said “As LPL continues to grow, the need for more experienced client service staff to support a larger client base has become increasingly important. We strive to provide...
Today is International Women’s Day: There’s no glass ceiling at LPL
We’re celebrating some of the women that help make LPL such a successful practice and dynamic workplace. At LPL, we’re immensely proud of our record on diversity and inclusion. Nowhere is this clearer than in the make up of our senior management team, where over 75% of our senior team are women. Louise Stephens-Pantoja, Head...
What the Stamp Duty Land Tax Holiday extension means
What is the stamp duty holiday? Last year, the government temporarily increased the amount at which stamp duty is paid to £500,000, for property sales in England and Northern Ireland. The move was aimed at helping buyers who might have taken a financial hit because of Covid. It could save them as much as £15,000,...
Buying a Welsh home following surprise Land Transaction Tax increase
As well as the Welsh Government’s surprise raising of the rate of transaction tax on the purchase of second homes, the Land Transaction Tax (LTT) holiday in respect of main residences is due to end on 31 March 2021. For those thinking about buying a property in Wales, tax is likely to be a hot...
