Residential property

Bank of Mum and Dad: Concessionary Purchases

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Occasionally Mum and Dad own a family home which could be transferred to a son or daughter when Mum and Dad downsize. In these situations it is not uncommon for the parents to agree to transfer the property at undervalue, with the rest of the value effectively being a gift. More …

"Joint Borrower Sole Proprietor" mortgages and living together agreements

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Simon Burge, a family law expert, takes a look at the use of a "living together agreement" in connection with a joint borrower mortgage for an unmarried couple, where only one of them is to own the property. More …

SDLT revenue figures' review

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Recent figures show the level of receipts from Stamp Duty Land Tax. Our SDLT expert John Shallcross takes a look in more detail. More …

The Housing Gap - An Intimidating Problem?

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The gap between housing supply and demand is a perennial issue for Councils. We take a closer look at the issues involved. More …

Leasehold Enfranchisement – Consultation on Reform

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We look in detail at the Law Commission's publication of a consultation paper on leasehold enfranchisement reform promising a comprehensive review of leaseholders’ rights in a variety of areas. More …

Oxford proving popular for potential property buyers

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A recent Homes & Property article focused on why Oxford is a prime choice for buyers leaving London. Having grown up in the area, it is easy to take our amazing city for granted but it seems that an increasing number of individuals looking to leave London are now putting Oxford at the top of their list. More …

What should we expect from the Budget for the higher rates of stamp duty land tax (the 3% surcharge)? Will it increase to 5%?

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We examine the figures published for the end of the latest tax year that far exceeded the predicted revenue when SDLT was introduced and will it increase in this month's budget? More …

Buyer-funded developments: is the potential return worth the risk?

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Post the financial crisis of 2008, the buyer-funded development model has become increasingly common. Recent media coverage tells a tale of failed projects, substantial financial loss and allegations of fraud. We explore how these schemes operate and the risks. More …

Freehold vs leasehold: what's the difference?

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Freehold and leasehold are the two main types of property ownership in the UK. Here we explain how these types of ownership differ and the considerations to note when buying a leasehold property. More …

The benefits and pitfalls of new build properties

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UK Finance has announced that first time buyers accounted for over 50% of all new residential mortgages in the first quarter of 2018. Recent government led initiatives have resulted in first time buyers becoming a significant proportion of the buyer market, particularly within the new build sector. For those taking their first steps on the property ladder we take a look at the benefits and pitfalls of new build properties and how to minimise the risk. More …