New Build

The New Build market faces uncertainty

Tuesday, 29th June 10:05am  According to Taylor Wimpey, one of the largest builders of new build properties, the future is uncertain in relation to new build construction.They flagged up concerns yesterday in relation to planning issues relating to a shortage of land with planning consent and anticipated changes to plann...

New Budget means tough times are ahead in the Property Market

Wednesday, 23rd June 10:43am  Everyone knew the provisions in the new Budget, which was announced yesterday, would be harsh and we have been bracing ourselves for this for a short while now. The new budget directly impacts on the property market and will affect first time buyers, new build properties, sellers of second hom...

Purchase Conveyancing – When must I take out Buildings Insurance?

  The time to take out buildings insurance on a property during the purchase conveyancing process will depend on a few factors, e.g., whether the property is freehold or leasehold. It will also depend on the terms of the contract as to who is responsible for the property from exchange of c...

Crackdown on 'Garden Grabbing' for New Builds to be announced today!

Wednesday, 9th June 09:34am  Measures to stop “garden grabbing” by property developers are to be announced today after mounting concern relating to high-density housing, reports the Times online. Click here for the full report. Eric Pickles, the Communities Secretary, will reveal new regulations to stop d...

What is a preliminary Deposit?

 There is no requirement in law for either party to pay a preliminary deposit to the other party since there is no legal contractual obligation to go ahead with a sale or a purchase until exchange of contracts has taken place. However, you will find that in some cases a preliminary deposit is r...

First Time Buyers – What Costs to Expect!

  If you are buying a property for the first time the whole process can be somewhat daunting. It is very often the case that first time  buyers end up spending more on the ‘extras’ than they had budgeted for.This article is intended to help first time buyers get an idea of...

What is a Mortgage Valuation Survey?

A mortgage valuation survey is commissioned by the lender in order to establish whether the property being purchased will be adequate security for the amount of the loan.A mortgage valuation is quite brief consisting of only a few pages and therefore does not go into very much detail about the state...

New Consumer Code for Home Builders introduced on 1 April 2010

Friday, 23rd April 10:13am A new Consumer Code for Home Builders was introduced on 1 April 2010. It is aimed at providing a more streamlined, efficient service to its customers so the conveyancing process runs more smoothly and will apply to reservations from 1 April 2010. The code is operated and administered through w...

Tips on buying an 'off plan' property

Sunday, 6th December 05:05pm Buying ‘off plan’ means buying a property, usually a new build apartment, unit or townhouse, before construction is completed.  This can introduce some particular requirements for conveyancing.When buying off plan it is vital to have contract terms and conditions checked by your con...

Leasehold Conveyancing Essex – A Conveyancer’s Main Concerns

There is wide range of issues when conducting Leasehold Conveyancing in Essex mainly due to the varied nature of the areas it covers. There are a number of open spaces throughout Essex where new build properties are being constructed and areas are being developed or re-generated. New Build Conveyan...

 

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