Tag: property law

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...

Mental Health & Moving House
This week is Mental Health Awareness Week. This year’s theme is nature and the environment. The evidence is clear that access to nature is crucial for our mental health, and millions of people discovered that during lockdowns in 2020. Nature can play a role in protecting and supporting our mental health during challenging times such as moving house....

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...

How not to annoy the sellers of your dream home
With the property market buoyant and more buyers than there are properties for sale, it pays to get on the right side of your sellers right from the start. Estate agent comparison site Getagent.co.uk conducted research into sellers’ pet hates when it comes to buyers. Moving house can be a stressful experience and emotions can...

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...

It’s not all doom and gloom: property predictions for 2021
The end of 2020 saw house prices at a record high, helped by the chancellor’s Stamp Duty holiday, but what is likely to happen in 2021 as financial disruption continues? The property market slumped during the first lockdown of 2020, with prices down 0.5 per cent halfway through the year. However, following relaxing of restrictions...

What are people looking for in a home post Covid 19?
Following a year of lockdowns and working from home, people are looking at their properties in a different light. Living close to their place of work is less of a priority, with other desirable qualities shooting to the top of the list. The Office for National Statistics has found that before 2020 around 70 per...

What are my options if I can’t move before the Stamp Duty deadline?
With the chancellor’s Stamp Duty holiday due to end on 31 March 2021, time is running out for those hoping to buy a property without a hefty tax payment. Once the break period ends, Stamp Duty will be payable once again on properties priced at over £125,000. The Stamp Duty holiday Implemented in the summer...