The stamp duty holiday is nearing its conclusion, and it’s a pivotal time for anyone involved in the property market in England. Whether you’re a first-time buyer, a property investor, or an estate agent, the changes to the stamp duty thresholds could significantly impact your financial plans. This Stamp Duty Buyer Guide will help to…
The Leasehold and Freehold Reform Act 2024 became law in May this year. However, although it has secured Royal Assent, the provisions are yet to come into force. The changes that will be made under the act are likely to come into effect in the next couple of years. The changes will provide leaseholders with…
For first time buyers, purchasing a property is an exciting milestone, but it can also feel overwhelming. Buying a house in Gloucestershire is a major investment, so finding the right one is essential. Instructing an experienced conveyancing solicitor can ensure your moving process is as seamless as possible and help prevent delays. In this article,…
If you own a leasehold property, you will be liable to pay various additional fees to the freeholder. This includes ground rents and service charges. Ground rents and service charges can often form the basis of disagreements and disputes between leaseholders and freeholders, so it is important that you have a clear understanding over how…
How does remortgaging work? It’s a process that can help you reduce your monthly mortgage repayments and even release extra funds for things like home improvements. While it’s relatively simple, having expert legal support is essential to ensure your property and finances are protected throughout the process. In this article, we will cover: What is…
At Tayntons we are always looking for ways to make the conveyancing process easier, smoother, and more efficient for our clients and our Conveyancing App is one of the tools in our toolkit that enables us to do just that. Our app can be used to complete all of the initial documents, carry out our…
It is often important to move quickly when you are buying or selling a property to ensure a successful transaction. We take a look at the role of your conveyancing solicitor for buying a home or selling one and when the best time is to instruct them. Why do I need a conveyancing solicitor? Buying…
If you’re buying or selling a property, you will probably have lots of queries. Below are answers to some of the most frequently asked questions. 1. How long will it take? This depends on many factors, including the number of other people in your chain of conveyancing transactions, how long it takes to obtain a…
The announcement by Rishi Sunak last week of the new stamp duty thresholds has had clients whose completions are set to take place after the announcement rubbing their hands and planning how they are going to spend this unexpected windfall. There has been talk of “hot tubs” and post “Covid” luxury holidays being funded from…
When purchasing a property with a spouse or partner, it is common for the ownership of that property to be held as Joint Tenants as this effectively recognises that this is a joint commitment. But what does this mean? The legal implications of purchasing a property as Joint Tenants are as follows:- you hold equal…
We participated in Solicitors Chat on Twitter answering questions about a Transfer of Equity and what this process involves and how we can help. Our Chartered Legal Executive, Sara Robinson, was on hand to provide some much needed guidance. What is a Transfer of Equity and when is it required? This is where a persons…
Despite any number of cautionary tales appearing in the press and elsewhere, many unmarried cohabitees unwisely persist in buying properties together without taking legal advice. In one case, a woman found out the hard way how difficult it can be to prove your rights if your name is not on the title deeds. The woman…
If you are wondering if the day will ever come when your (adult) children finally move out, you may be able to help them by buying a property for them to live in as ‘life tenants’. We at Tayntons can help you with drawing up a trust in order to escape Capital Gains Tax (CGT)…
Stamp Duty Land Tax Fees for conveyancing slashed from today From 4th December 2014 homebuyers will be pleased to hear that there have been significant changes made to the rate of stamp duty that has to be paid on a property. The reality of this is that the costs of moving house will be reduced…
To contact us please call 0800 158 4147 or 03330 145451 or email info@tayntons.co.uk
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