Property Blog: What is Completion?

Property Blog: What is Completion?

If you are in the process of placing your property on the market or looking to buy a property, you may hear “completion” for the sale or purchase, but what does this actually mean.  It is important you understand what this means and there are things you...
When is a Sale Binding?

When is a Sale Binding?

Exchange of contracts is the point at which a property transaction becomes legally binding on both parties (seller and buyer) and they are contractually bound to finalise the sale/purchase on the agreed completion date.What is exchange?At exchange:Both the seller and...
Stamp Duty Holiday Update

Stamp Duty Holiday Update

Phase 1 of the Stamp Duty Land Tax Holiday is looming and ends on the 30th June 2021. Phase 2 applies between 1st July 2021 and 30th September 2021. During this period the nil rate band will be reduced from £500,000 to £250,000 meaning that SDLT will be payable on the...
UPDATE: Buying and Selling during COVID-19

UPDATE: Buying and Selling during COVID-19

We in the Conveyancing department are delighted at the Government’s decision to “unlock” the housing market! During lockdown we have still been busy moving a number of clients and working hard. Whilst we appreciate that some of you may still have reservations or be...