Buying a property at auction follows a legal process, but it is quite different to a purchase through an estate agent or solicitor. Here is what you need to know before you bid. How buying at auction differs from a conventional purchase With a conventional sale, you put in your offer, it’s accepted, and then…
There is no such thing as “common law marriage” and the law for unmarried couples who live together can be confusing and upsetting upon separation. Unmarried, cohabiting couples do not have the same rights as married couples when it comes to personal finances, assets and property and in the event of a relationship breakdown, cohabiting…
Glossary of Conveyancing Terms A brief explanation of some legal and other Conveyancing Terms used in residential property transactions, which are sometimes confusing for clients due to their terminology. Chain A position in which Seller 1 sells to Buyer 1 and Buyer 1 sells to Buyer 2, etc, thus creating a chain of connected…
Buying and Selling – What to Expect and When. Selling and buying property can be stressful, so it is essential to instruct an experienced conveyancer. You should choose a reputable and experienced conveyancer who will guide you through the process, keep you informed of developments and address any concerns or questions you may have. You…
DIY Conveyancing vs Instructing a Solicitor Now and then, individuals grapple with whether it is essential to instruct the services of a Conveyancing Solicitor. This question typically emerges in the context of property transactions, where the legalities can often seem complex and overwhelming to those without a background in the field. However, they also…
Stamp duty is a lump-sum tax that anyone buying a property or land costing more than a certain amount must pay. The rate at which you’ll pay the tax varies depending on the price of the property and the type (i.e. residential or commercial). While often referred to as stamp duty, that’s only the name…