What is a contract pack?
A contract pack is a set of legal documents, which is given to the buyer’s conveyancer by the seller’s conveyancer. This is an essential step in the process for both residential and commercial conveyancing. Due to the contents of a contract pack, it serves multiple...
What can go wrong during conveyancing?
Any lengthy legal process has the risk of things going wrong and conveyancing is no different. There are many steps, each with a variety of considerations that need to be taken into account. While expert conveyancers will be aware of these pitfalls and employ measures...
What are property title deeds?
If you’re a first time buyer or someone that hasn’t reached the completion stage of a property sale, you may have never had title deeds. However, you will have probably heard of it. This is because they are a collection of documentation integral to the conveyancing...
Can you live in a commercial property?
Living in a commercial property is likely not something many buyers have considered. However, in periods where residential house prices are very high and mortgage rates are rising, this can be an attractive option. But is it viable from a legal standpoint? The answer...
Do you need a survey on a new build property?
The process of designing and purchasing a new build home as a buyer can be very exciting. However, it’s best not to rush into your dream property. Even though new build homes can be designed exactly how the buyer sees fit, this does not prevent issues arising. As a...
Can you get a mortgage on a commercial property?
Whether you’re an established business owner or someone looking to set up their first business premises, getting a mortgage on a commercial property is a big step. It’s a valuable asset that will provide for years to come. As such, the purchase of a commercial...
Can you extend a new build property?
Many new build homeowners are unsure whether they can make extensions to their property after it has been completed. This confusion typically stems from planning and developer permission. Specifically, how to acquire it, what is required, and how the process of...
A complete guide to VAT on commercial property purchases
Commercial property transactions are a business investment. These assets fall squarely within the definition of goods and services, meaning their purchase can be subject to VAT. However, VAT functions differently for commercial property purchases depending on the...