Conveyancing ‘disbursements’ are the additional fees and taxes that must be paid to various third parties by a solicitor, on behalf of the buyer or seller. Usually these are paid up-front,...
Following on from the Stamp Duty Land Tax (SDLT) overview:
Schedule 6ZA of the Finance Act 2018 provides that from 22 November 2017 first time buyers can claim relief from SDLT when purchasing...
What is Ground-rent?
When a Property is sold as leasehold, the buyer is only a tenant with a very long term rental. The ground/land the home is built remains in the hands of the freeholder. The...
What is the difference between Freehold and Leasehold?
Conveyancing
28 June 2019
If you purchase a freehold property, you are purchasing the outright ownership of the property, including the land it is built on (although there are restrictions on the depth of the land beneath...
In its most simple form, Conveyancing is the legal process by which the legal title of property is transferred from the current owner to the new owner. The process involves a conveyancing solicitor...
The Government scheme which helps first time buyers to save for a deposit for their first house is coming to an end this year. The Help to Buy ISA is a higher-rate interest savings account with the...
Stamp Duty Land Tax (SDLT) is a tax charged on land transactions. The tax is payable on the purchase or transfer of chargeable interest. In other words, on freehold and leasehold interests in land...
