HOUSING MARKET DOUBLE BOOST

The housing market received a further boost today with Rishi Sunak announcing that the stamp duty holiday will be extended to the 30th June 2021. He also announced that after this period the amount of the purchase price of property when stamp duty is payable at all will double to £250,000 up until the 1st […]

Freehold v Leasehold

The basic differences between freehold and leasehold If you buy a freehold property then you become the freeholder and you own the building and the land it stands on outright, in perpetuity. Buying a leasehold property means you have a temporary right to occupy the property that you buy. This is defined by the term […]

Conveyancing During Lockdown

Following the government recent announcement regarding the latest national lockdown we would like to confirm the position with regard to moving house during the lockdown period. The government guidelines state that you can move house during the lockdown period as well as market and view properties as estate agents, solicitors , surveyors and removal companies […]

REMORTGAGE MAY BE THE WAY

Is your fixed term mortgage at an end? Following the Bank of England’s announcement to drop the current interest rate, you should think about remortgaging to ensure you are on the best mortgage deal available*? Here at Brearleys Solicitors, we can assist you with the legal work to get your remortgage through as quickly as […]

BE SAFE NOT SORRY

With all the strong storms and extreme weather conditions recently as can be seen from the photo this can lead to heavy consequences where peoples houses are concerned. It is extremely important when purchasing your new home that you ask your conveyancer to commission an environmental search to check for flooding in the area where […]

BEWARE OF CLAY

Many people are unaware that clay related subsidence is a major cause of building damage accounting for 35000 insurance claims a year!  Although more common in the south of England due to generally drier summers, this can occur in all parts of the UK.  The damage is mainly caused by the clay in the soil […]

Laws for Landlords and Tenants

Coming into force from 1 June 2019, the Tenant Fees Act aims to ensure that tenants will be able to see at a glance what a given property will cost them in the advertised rent with no hidden costs. The new rules also mean that deposits will be capped at five weeks’ rent (or six […]

Points to Consider When Buying a Second Home

Ten key points to consider when buying a second home for your own use or as a buy-to-let investment To buy-to-let or not to buy-to-let, that is a difficult question! It can be quite a conundrum for people with capital to invest who are dithering between the stock market or bricks and mortar. Since April […]

THE COST OF CONVEYANCING

Unfortunately, one of the problem areas of buying properties in this day and age in England and Wales (unlike Scotland), is that the other side can pull out of the transaction at any time, leaving you with a bill for your solicitor’s fees, and possibly search costs which can add up to quite a sizeable […]

Renting Your Property

Renting out your property may seem like an easy source of income, but it can be a legal minefield. Also you may have to pay tax on the income that you earn. If there are disagreements between you and your tenants, it can quickly become a drain on your time and resources. The best way […]