Tag: property law
Can I buy my parents’ home below market value?
It is open to children aged 18 or over to buy their parents’ home for less than it is worth, however this can have serious financial implications. Selling a home to children is often desirable, helping the next generation onto the property ladder, passing on the home without incurring estate agency fees and keeping a...
Yes! We’re still open. It’s business as usual.
Given last night’s announcement that the country is lie in a national lockdown, we wanted to let you know that moving home is still allowed as it has been since mid-May. Below is a link to the Government website with more information. https://www.gov.uk/guidance/tier-4-stay-at-home#moving-home At LPL we will continue our usual Covid procedures: including working from...
Sell your house in time to benefit from the Stamp Duty holiday
To stimulate the housing market during the pandemic, the chancellor has put in place a temporary measure meaning many home buyers will not have to pay Stamp Duty. The nil-rate period is set to last until 31 March 2021. With purchases often taking several months to complete, if you want to save money by not...
How to do your bit to prevent property fraud
While it may not be possible for someone to physically steal your house, unfortunately property fraud is a real threat. Since 2009, HM Land Registry has stopped more than £100m worth of property fraud. While fraud is rare, there are certain situations which leave you more vulnerable. These are If the property is: rented out...
Understanding the important terms when moving home
Whether you’re buying or selling a house, you will come across a lot of terminology. Conveyancers are dealing with property transactions on a regular basis, but most people don’t move too often so it can be a bit overwhelming. Here is a list of some of the more common documents you are likely to encounter:...
