(Article courtesy of the Homeowners Alliance)
Leasehold v Freehold – what’s the difference?
It may seem like technical legal language, but there are few things more important about your home than whether it is freehold or leasehold. It makes the difference between owning your own home outright, and having a landlord
What are the different forms […]
The explanation on this page is extracted from the Government HMRC Website at https://www.gov.uk/stamp-duty-land-tax
Stamp Duty Land Tax
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Contents
OverviewResidential property ratesRates for non-residential and mixed land and propertyLand and property transfersShared ownership propertyReliefs and exemptions
Overview
You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain […]
If you’ve ever bought or sold a property, then you have probably come across the term ‘property chain’ before. But what is a property chain and how does it affect you?
What is a Property Chain?
A property chain is a term used for buyers and sellers who are linked together in a sales transaction. Typically, […]
You should be aware that in the event of a failure of a bank:-
It is unlikely that Ola Leslie will be liable in negligence if client money is lost following the collapse of a deposit-taking institution, as long as we have placed the money in accordance with the Solicitors’ Accounts Rules (SARs). However, any […]
We have received questions from our clients about the possible impacts of COVID-19 on conveyancing transactions. We have considered the guidance from our governing body and our approach is based on guidance issued by the Law Society.
The issues raised have included potential:
requests for properties to be decontaminatedrefusal to vacate on completion because a seller […]