Category Archives: Residential Property

New Year, New Start

Are you buying a new house, starting a new business venture, getting married or expecting a new arrival this year?  However your life changes in 2019, make sure you keep your Will up to date to protect the ones you love. Contact a member our legal team who can provide you advice and guidance on Wills, […]

Also posted in Commercial & Corporate, Family, North Ainley News, Private Client | Comments closed

Is your property energy efficient?

For most residential lettings, a Landlord has to have an Energy Performance Certificate (“EPC”) before they let a property.  As part of the government’s strive for energy efficiency, with effect from 1 April 2018, a Landlord should not grant a new tenancy/lease if the property has an EPC rating below E.  This is according to […]

Also posted in Commercial Litigation, Property Development | Comments closed

Important tips for Landlord’s on granting or ending an Assured Shorthold Tenancy (‘AST’)

Since 1 October 2015, under the Deregulation Act 2015, a Landlord offering a new Assured Shorthold Tenancy agreement to a tenant must ensure that the tenant is provided with :- A Gas Safety Certificate for the property to be occupied An Energy Performance Certificate The booklet entitled – How to rent: the checklist for renting […]

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Is your home owned by your partner?

In the 21st century it is very commonplace for individuals to cohabit with their partner. In the early stages of a relationship, a breakup seems remote.  If the property is owned in your partner’s sole name, it is prudent to consider at an early stage if you would be entitled to an interest in the […]

Also posted in Family, Legal Briefs | Comments closed

When is your home not your home?

What happens if you have lived with a partner for many years and your partner dies without making a Will?  What if the Will that your partner did make leaves little or nothing to you? In those circumstances, what rights do you have? What, for example, happens to the property you shared with your partner? […]

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Warning to all Landlords – time is running out!

Landlords will not be able to rent out both domestic and non-domestic properties unless they meet the new Energy Performance Certificate (EPC) Rules (2018) which come into force on 1 April 2018.  Properties across England and Wales are currently expected not to pass the new rules and could face huge fines. To make sure you don’t […]

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New Stamp Duty Charges for First Time Buyers

Prior to the Budget first-time buyers paid Stamp Duty on purchases above £125,000.  In today’s Budget the Chancellor announced that Stamp Duty has been abolished immediately for first-time buyers buying a home of up to £300,000. The change means that for properties costing up to £500,000, no Stamp Duty will be paid on the first […]

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Higher Stamp Duty and Residential Properties

As you may be aware, anyone buying a second residential property in England, Wales and Northern Ireland will probably have to pay an enhanced stamp duty rate of 3% above the usual rates. People may think this only applies if you already own a residential property and then either purchase a buy to let property […]

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Potential new tax break for home owners

A new tax relief will be available from 6 April this year, for property owners who leave their property to their spouse or their children and grandchildren. At present, each of us is able to leave £325,000 to anyone we choose, without creating any inheritance tax liability. If your personal estate is worth more than […]

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