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EWS1 overhaul since the Grenfell disaster

Posted in Conveyancing on 16th Feb 2021
The pros and cons Since the Grenfell disaster which tragically saw 72 people lose their lives, hundreds of thousands of homeowners have effectively been trapped within their properties. Concerns over safety and the potential cost of remedial works have brought many property transactions to a halt. The recent changes announced should finally bring an end to the years of distress caused to flat owners that have been prevented from selling or re-mortgaging their homes. Housing secretary Robert Jenrick announced that the Government will provide an...

The start of the end for leasehold?

Posted in Conveyancing on 7th Jan 2021
Anyone who is on the property ladder or is in the process of getting on may have heard of the terms ‘leasehold’ and ‘freehold’. The former can cause controversy and in some instances give rise to claims for compensation, because negligence by a conveyancing solicitor can lead to buyers not understanding the full implications of their lease and ending up at significant financial loss. Today it has been reported that the Government is now planning reforms in this complex area of property and land ownership. What is the difference between freehold...

Buying a home before the Stamp Duty Deadline

Posted in Conveyancing on 4th Nov 2020
Last week it was announced by Housing Secretary Robert Jenrick that although Lockdown 2.0 comes in to practice on Thursday 5th November, the “UK housing market will remain open throughout this period.” Following the damaging effects from the first national lockdown, the property sector has narrowly avoided the restrictions this time around, allowing consumers to continue to take full advantage of the Stamp Duty Holiday and find their dream home. Of course, it was further confirmed that “Everyone should continue to play their part in reducing the...
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