Tuesday, 24 November 2009
Here are the questions and answers:
By Nicola Neilson, Partner at Latimer Hinks Solicitors, Darlington
Conveyancing: What are my rights (to a property) if I'm married or unmarried or in a civil partnership?
An individual’s rights differ in each of these situations. Therefore, it is vital for people to seek the advice of a solicitor to make sure that the appropriate legally binding agreements are drawn up which suit their circumstances.
Conveyancing: I want to sell a property - why do I need a solicitor?
A solicitor ensures a client’s interests are protected at every stage, can guide them through any complex issues that may arise, makes sure the contracts are correctly drawn up and checks things such as the ownership of the property, rights of way, access, or future developments in the area are in order.
Conveyancing: I'm buying a house and I want to rent it out. How will a solicitor help?
A solicitor has the expertise to advise on the legal obligations and the rights of someone wanting to rent out their house as well as tenancy agreements and other legal documentation.
Now you know how a solicitor can help!
Tuesday, 17 November 2009
Stamp Duty Land Tax makes a hefty dent into any savings put aside to purchase a house. In order to help first time buyers the government raised the SDLT exemption to £175,000.
Currently, buyers purchasing properties over £175,000 are liable to pay 1% of the pruchase price in SDLT.
Over £250,000 to £500,000, 3% is required and
Over £500,000 4%, is required
BUT from the end of the year the threshold will return to £125,000. This will cost the buyer an extra £500 on a £175,000 property.
So, if you're waiting for a property purchase to complete this year, you may want to try to push it on a little quicker. I'd rather have £500 to treat myself for Christmas than let it go in Stamp Duty Land Tax!!
For further details - Home Buying to Get More Costly by the End of the Year
Tuesday, 3 November 2009
I have committed what I feel to be the No.1 blogging sin.
NOT BLOGGING REGULARLY
My only excuse is that I have been SO busy.
I am organising for Latimer Hinks (as well as all my other duties) a total revamp of the corporate identity, new website, new posters, new copy, new banners etc etc. I'm run off my feet! I should have an image of a guineapig in a wheel!
Blogs must be regularly updated to hold interest. I even wrote Top Ten Blogging Tips - and consider the list as Top Ten Commandments.
For some reason I have placed "regularly updating" at number 9 - i think i need a rewrite!
What do you consider to be the ultimate blogging sin?