Category: Conveyancing

Joint Tenants vs. Tenants in Common

When two or more people are buying a property together, they need to decide which type of co-ownership they wish to put in place. There are two ways a property can be owned by two or more people, and it is vital to understand the differences before making your choice. Our Head of Conveyancing Sarah

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Parking and access issues when buying a new home

Searching for your next home, car parking may not be top of your list of priorities. A recent survey by Uswitch reveals nearly one in ten of us has knocked on a neighbour’s door to complain about parking. It is not just neighbours who can cause problems. Commuters, school parents and other visitors can easily

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Buying your first home with a small deposit

The biggest issue for most first-time buyers is insufficient savings. Last year saw a sharp jump in the average amount of a deposit required to get a mortgage, with some people having to provide a deposit equivalent to a full year’s salary. To help tackle this problem, the Government has introduced a new mortgage guarantee

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‘Generation Buy’ is still going to be a challenge

The extension of the stamp duty holiday and the prospect of Government-backed 95% mortgages from April made it a positive Budget for the housing market and promises to keep our conveyancing team busy during the spring and summer. The low-deposit mortgages will be available until December 31, 2022 to all buyers of properties costing up

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Stamp Duty Holiday. Should you buy now?

In his summer statement, the Chancellor of the Exchequer announced an eight-month stamp duty holiday. The Government hopes the tax cut will catalyse the housing market and boost consumer confidence during the Covid-19 crisis, and we have certainly seen a big uptick in conveyancing work here at KWW over the past couple of months. But

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Developers’ incentives. Are they really worth it?

If you are looking to buy your first home or trade up, you may feel tempted by some of the freebies offered on new build properties. These can range from free white goods or a new carpet to a significant financial contribution to your purchase costs. Here, Anjum Khaliq, one of our conveyancing specialists, takes

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Stamp Duty holiday: Sunak delivers

The KWW property team is poised to handle an increase in conveyancing enquiries now Chancellor Rishi Sunak has confirmed a temporary stamp duty land tax holiday. The move announced yesterday (July 8) aims to help buyers who have taken a financial hit due to the Covid-19 pandemic, while also seeking to stop house prices from

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How to get moving again

Estimates suggest close to half a million property transactions have stalled because of the coronavirus crisis. Recent easing of restrictions means these sales can now progress. What if you were thinking of moving but had not yet put your house on the market? Some agents are predicting a buoyant market as we come out of

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