For the majority of buyers, their conveyancing transaction is complete on completion day (when they buy a property), or the day you move into your new home which is the day of completion. It represents the goal you have been striving towards and the end of all legal actions. But in reality, your solicitors or…
What Documents do you need to sell a house? Selling your property can be a stressful endeavor. Finding an experienced real estate agent, refreshing up your home to add value to your property, and scheduling open houses are among the many considerations that must be made. There are documents you need to sell your home…
Covenants are rights or limitations that govern how to make use of a piece of property. They can be positive or negative and are transferred with the title to a new homeowner. ‘Restrictive covenants’ tend to be beneficial and can be located in both ownership and leasehold titles. These are regulations prohibiting certain uses of…
I’ve agreed to purchase my first property; what’s next? Moving is distressing for everyone, regardless of their level of experience. To clarify the home buying process for a first-time buyer, we have broken down a typical purchase price into seven step-by-step guide to buying your first time home, outlining what must be accomplished before buying…
Want to locate a good deal on your next home? Or have you recently learned that the house of your dreams will be under the hammer? If you are well-prepared, property auctions can be an excellent method for buy a home. Fortunately, the procedure is not too difficult to grasp. Let’s go over the fundamentals……
What is Gazundering? We are all familiar with the notorious method known as gazumping, in which a house seller accepts an offer for their property despite having already sold it to another party (subject to contracts being exchanged). But not all estate agents act unethically. Try and avoid being gazundered. gazundering is when a buyer…
As we all understand, internal features such as a brand-new bathroom or an open-concept kitchen can surely increase the value of your home. However, it’s not called location, location, location for nothing, and if you are fortunate enough to own a home with a sea view, you can anticipate a substantial increase in property value….
Even if the property has been built to an excellent standard and appears to be in good structure, you should always arrange for a qualified property surveyoror to inspect the property whilst you are in the process of purchasing a new home. Although a property survey is not a requirement in the UK, every property…
The Scottish Government has announced a devolved tax and stated that the Additional Dwelling Supplement (ADS) charge for Land and Buildings Transaction Tax (LBTT) will increase from 4% to 6%. Scotland’s equivalent of stamp duty is called LBTT. Both residential and commercial property transactions in Scotland are subject to this property tax. In addition to…
Selling a house can be an exciting but complex process, especially if you are in Scotland. There are several unique aspects to consider, from engaging an estate agent, making a property questionnaire and energy report to navigating the legal procedures involved. At Clarity SImplicity solicitors, we understand the intricacies of the buying and selling process…
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