Increasing Ground Rent! #IncreasingRent #Leasehold

May 23, 2017

Recent research has revealed that developers have now started to introduce clauses into their leases on new-build properties which result in ground rent doubling every few years. Some buyers have found their homes are becoming unsaleable after mortgage companies refused to lend against properties with onerous ground rent clauses. If you are thinking about buying […]

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Know your Seller!

February 22, 2017

#Fraud #Propertyfraud The Law Society is considering intervening in a negligence case between Mishcon de Reya and its former client, after its client was duped into buying a London property from a tenant posing as the owner. In September 2014, the client thought he was purchasing a £1.1m property in Earl’s Court, West London. The […]

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Attention all Landlords!

February 14, 2017

#Morechanges #Beprepared #EPC As from the 1st April 2018 there will be a requirement for any properties rented out in the private rented sector to have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). The regulations will come into force for new lets and renewals of tenancies with effect from […]

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Are you buying your dream house? If so, you may need to pay VAT on your search fees!

January 27, 2017

#furthercosts #nastysurprise You have found your dream house….your offer has been accepted by the Vendor…… the mortgage application has been approved….. and finally….. you have instructed a Solicitor to carry out the conveyance – on a fixed-fee basis. You would be forgiven in thinking that was the last of the expense and it will only […]

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