Buyer Beware: what happens when a seller fails to disclose a property defect or dispute?
If a seller has given false or misleading information about a property, you may have legal remedies. Here’s what buyers should know.
selling a home
If a seller has given false or misleading information about a property, you may have legal remedies. Here’s what buyers should know.
Ground Rent to be Capped under Government Reforms
The Government has published draft legislation proposing major reforms to leasehold ownership, including a cap on ground rent and a move towards commonhold. These changes could have significant implications for both leaseholders and freeholders in England and Wales.
Housing Bank to Fund 500,000 Homes – What Buyers Should Know
The UK’s new National Housing Bank is set to fund 500,000 homes, unlocking billions in private investment and reshaping the housing market. Discover what this means for buyers, sellers, and developers—and how expert legal support can help you navigate the changes.
Mortgage Rates Fall Amid Economic Uncertainty: Impact of US Trade Tariffs
UK mortgage lenders are cutting rates in response to expected Bank of England interest rate reductions, driven by global economic uncertainty and US trade tariffs.
Taylor Wimpey frees leaseholders from ground rent terms
Taylor Wimpey has agreed to remove terms from leasehold contracts that cause ground rents to double in price every 10 years. The effect of these increases has been that people have often struggled to sell or obtain a mortgage on their home. Their property rights can also be at risk if they fall behind on
Streamlined land scheme to boost number of new homes
The government is hoping to provide more new homes by improving the way land is made available to developers, making it easier and more streamlined. Homes England launched its new Delivery Partner Dynamic Purchasing System (DPS) to mark a significant shift in the way the agency procures housebuilders, as well as increasing flexibility and accessibility.
£8.6 billion allocated to boost the number of affordable homes
The government has allocated £8.6 billion to boost the number of affordable new homes and help thousands of people on to the property ladder. The Affordable Homes Programme is expected to deliver around 119,000 homes, including 57,000 for ownership, 29,600 for social rent and 6,250 affordable rural homes. The cash injection could support up to
Thousands of homes to be built on derelict and underused land
The government has announced plans to build thousands of new homes on underused and derelict land to regenerate local areas and help people on to the property ladder. Nearly £58 million from the £75 million Brownfield Land Release Fund (BLRF) has been allocated to 53 councils to fund the scheme. Ministers say the funding will
UK House Prices rose by more than 10% over the last year
House prices across the UK increased by an average of 10.6% in the year to August 2021, according to the latest figures from the Land Registry. It means the average property in the UK is now valued at £264,244. On a non-seasonally adjusted basis, house prices increased by 2.9% between July and August 2021, compared
Homeowners lose appeal over stamp duty on ‘large gardens’
Three homeowners have lost their appeal against a decision that sections of land they bought with their homes should be classed as ‘gardens or grounds’ and so be subject to Stamp Duty Land Tax (SDLT) at the full rate. The issue in each case was whether the land sold with each house was, or formed