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A poll conducted by the Law Society has found that the most stressful aspect of buying a new home is the time it takes to advance the matter to completion. In fact, 65% of homebuyers indicated that they were willing to pay more in legal fees in exchange for a speedier transaction. The conveyancing process […]
The European Union (‘EU’) have recently announced new mortgage rules to be introduced in all countries that are members of the EU. England and Wales will therefore be affected by the new regime which, by March 2016, must be implemented in relation to all residential and commercial mortgages. The new rules will mean […]
A recent case in the High Court has provided guidance on what should be considered when a spouse applies for maintenance payments. Spousal maintenance, put simply, amounts to payments made from one spouse (‘Payer’) to another (‘Payee’)on a regular basis so that the Payee may continue to cope financially and transition to a financially […]
The New Regime Chancellor George Osborne said that stamp duty will be cut for 98% of homebuyers in his Autumn Statement to the Commons. These changes came into effect at midnight on the 3rd December 2014. Before the Autumn Changes the amount of stamp duty payable jumped at certain price levels. This system has been replaced by a […]
When couples divorce, they sometimes informally agree what will happen to the matrimonial home. They might agree that the wife should live there until the youngest reaches adulthood, that the property be sold and the proceeds be divided (not necessarily equally) or for the outgoing party to be ‘bought out’ by the person who stays. […]
Over 85% of the land in England and Wales is registered at the Land Registry and the Land Registry has already registered 23 million titles. If the property you own is not registered at the Land Registry we strongly recommend that you make a voluntary application to register it… why? Reasons to Register • […]
THE COLLABORATIVE APPROACH Separation is possibly one of the hardest life events most people will ever experience. Following separation, there are many matters to sort out. This can often be stressful and the thought of having to go through costly and difficult court proceedings only adds to the pressure. Court is not the only option. […]
Hartley & Worstenholme Senior Partner, Chris Wilton, has been consulted by the Land Registry ahead of it’s proposals for reform to Local Land Charges. The Land Registry is proposing widespread reforms of the way in which Local Land Charge records are searched – something which affects the vast majority of land transactions, from residential conveyancing […]
A survey by the Federation of Small Business (‘FSB’) in 2013 showed that 7% of small businesses were paying out more in business rates than they were in rent. Additionally, a further 6% said the business rates they paid were equivalent to rental payments. Research has shown that many small businesses don’t know about the […]
Joint Ownership of Property – for couples and investors! If you are considering purchasing a property with your spouse, partner, relative or friend, either as a home to live in or an investment property, there are some important things you need to know. When you buy a property with another, you will both be legal […]
