Sheena Bradfield, Paralegal, Litigation, Colemans Solicitors

Is there a crisis in the UK Private Rental property market?

July 31, 2023

The simple answer is a resounding “YES”. BBC News reported this week that the number of people looking to buy residential property in the UK has fallen by 18% in a month and is down 40% on this time last year. Increasing interest rates have priced many potential buyers of residential property out of the…

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Kate Williams, Managing Partner at Colemans Solicitors

Helping others get on the property ladder: Gifted Deposits

February 20, 2023

Gifted deposits have become increasingly commonplace in recent years as young people are finding it incredibly difficult to get on the property ladder without financial assistance. If you are gifting a sum of money to a child or other family member, you will be asked to comply with a number of regulatory requirements. Firstly, you…

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Immediate Changes to Stamp Duty Land Tax

July 13, 2020

Stamp Duty Land Tax (“SDLT”) is a lump sum payment anyone buying a property or piece of land over a certain price has to pay to Her Majesty’s Revenue & Customs (“HMRC”). Chancellor Rishi Sunak today announced that, as a temporary measure, but with immediate effect, buyers won’t pay SDLT on the first £500,000 of…

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“Am I bound to buy/sell my property?”

June 29, 2020

This is a question that I have been asked numerous times over the past few weeks.  The answer is dependent on if contracts have been Exchanged or not; if contracts have been Exchanged then generally “yes”, if they have not then generally “no”. In essence “no one is bound in a sale and/or purchase transaction…

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COVID-19: How does this impact upon residential landlords?

June 12, 2020

We have recently been approached by a number of residential landlords who have been told by their letting agent that they have no prospect of getting a tenant out of their investment property any time soon; the anxiety and frustration is palpable when we are posed the question “But the Tenant isn’t paying the rent!…

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A tenant’s right to break – tips and traps

October 4, 2019

In recent years, commercial tenants have taken shorter leases or leases with break clauses in order to allow them flexibility due to uncertainty in the economic climate.  A break clause allows a tenant a right to terminate its lease before the expiry of a fixed term. Serving a break notice should be a relatively straightforward…

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Demystifying Restrictive Covenants for Landowners

January 17, 2019

The law of restrictive covenants is a complex area and a mystery to many landowners, some of whom believe that restrictive covenants cannot be challenged, however, this is not the case. Restrictive covenants affecting land arise out of an agreement that one party will restrict the use of its land in some way for the…

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What is “conveyancing”?

October 11, 2018

A general guide “Conveyancing” is the legal process of transferring home ownership from the seller to the buyer.  Whilst every transaction is different, there are a number of crucial steps in the legal process that are common to each sale and purchase transaction and we have outlined these below by way of a general guide….

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