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...
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...
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...
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...
