First-time buyers today must find, on average, a deposit equal to a year’s salary. With almost half relying on parental assistance, the ‘Bank of Mum and Dad’ has never been so popular. House price affordability and the phasing out of the Help to Buy scheme make this trend set to continue. “It is natural to
If you are buying a new home, should you avoid leasehold properties? It’s a fair question, says Enza Sole, a specialist on the KWW Solicitors conveyancing team. “There are definitely more issues with a leasehold home than a freehold one,” says Enza. “However, this does not mean you should discount a leasehold property. While there
A loan which helps you bridge the gap between acquiring your new home and later completing the sale of your old one can work – but it comes with risks
Key Article Points A home buyer on an internet forum asked, ‘What is the pettiest thing your seller has removed?’ Most replies are light-hearted: a loo roll holder, the curtain rails, a basketball hoop from above the garage door. Some tell a different story of buyers moving in and discovering missing kitchen units or damage
Key Article Points When two or more people are buying a property together, they need to decide which type of co-ownership they wish to put in place. There are two ways a property can be owned by two or more people, and it is vital to understand the differences before making your choice. Our conveyancing
Key Article Points Last month, we outlined five potential problems with the title to your property. In the second of this two-part series, our specialist property team at KWW Solicitors looks at five more possible title problems which could disrupt your plans and offers some solutions. Problem 1: Your property is leaseholdUnlike a freehold, a
Key Article Points When it comes to selling your home, one of your first tasks should be to make sure the title to your property is in order. This will help keep your transaction on track, letting you and your buyer proceed with confidence. Ideally, you should do this before putting your home on the
So you’ve made an offer on a place and it has been accepted. Now it’s time to get the ball rolling on legally transferring the ownership to you. Enza Sole of our conveyancing team sets out the house purchase process… Purchase PackThe purchase pack is the initial documentation, containing terms and conditions and the client
Key Article Points If you’re selling a property, you may find the buyer’s solicitors and the mortgage lenders insist on an indemnity policy being in place before the sale can go ahead. If you’re buying a property, your conveyancing solicitor may advise that a policy should be purchased before you proceed. In this article, the