Category Archives: Residential Property
Leases of Flats- How long a term is long enough?
Purchasers of leasehold properties need to appreciate that a lease is a “wasting asset”. Allowing the lease to become too short by not extending it at the right time can be detrimental to the leaseholder. It can result in fewer institutional lenders being willing to lend of the property making it more difficult to sell... Read More
New Trainee Appointed
AWB Charlesworth Solicitors, with offices in Skipton, Keighley, Bingley and Bradford have appointed a new trainee solicitor to their growing firm. Having graduated with a First Class LLB (Hons) Law degree in 2015, Anna Robinson joined AWB Charlesworth in May 2017 as a secretary in the residential property department, having previously worked in criminal, family,... Read More
Registering your Property at the Land Registry
Registering your Property at the Land Registry Is it time to register your property at the Land Registry? Unless you purchased your property, or have taken out a mortgage, in the last 30 years – chances are your property is not registered. HM Land Registry has safeguarded land and property ownership in England and Wales... Read More
Stamp Duty
What you need to know about stamp duty on buy-to-let and second homes Second home buyers and buy-to-let landlords must pay extra stamp duty since a three per cent surcharge was introduced by the Government in 2016. The charge applies to buy-to-lets, second homes and even properties bought with other family members. The charge also... Read More
What is a Chain Transaction?
What does a ‘chain transaction’ mean in conveyancing? In the conveyancing world the term chain is frequently used, however some clients do get concerned at the thought of what this might involve. A conveyancing transaction involving a chain simply means A buying a property from B, and B buying a property from C. If the... Read More
What to do when you lovely new home isnt as lovely as you remembered.
For most of us, the purchase of a house means moving home. So what do you do when you finally get the keys on completion and find that your lovely new home is not as lovely as you had remembered it? First of all, don’t panic. Some people are simply more houseproud than others and... Read More
Japanese Knotweed, how it can affect your property.
Although Japanese Knotweed is not common to this area, there are properties within the local area affected. Knotweed is notorious for its fast and invasive growth. When selling a property, there is a standard form to complete giving information about the property to the Buyer, and one question relates to Japanese Knotweed. The presence of... Read More
Conveyancing- How to get ahead of the game……..
When an individual is looking at either selling or purchasing a property they often want to “get ahead of the game” and have a solicitor ready to act. This is a good idea as all Law Firms have several requirements to meet Law Society and Government legislation which can be time consuming. When you instruct... Read More
Should a new tenant pay a rent deposit?
Landlords – should I ask a new tenant for a rent deposit? A rent deposit is simply a sum of money paid by a tenant upfront as security for the landlord for any defaults under the lease. A landlord will usually consider requesting a rent deposit in circumstances such as: the financial status of the... Read More
Property: Look Before You Leap
Our Top Tips for buying at Auction Your dream house at a knock down price? Sound tempting? Auctions can often be a wonderful place to pick up a sound property investment, there will often be auction “horror stories” in the news so doing your homework ahead of time can really pay off. If you’re considering... Read More