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Phew Conveyancing Blog

BUILD YOUR OWN HOME

Build-your-own-home

Looking for that perfect home can be a time-consuming process. Buying a home is not going to be something you do very often. So even if you like the first property that you see, property experts advise that you view … Continue reading

Five ways to save energy at home

As the cost-of-living crisis deepens, the size of potential energy bills is an important factor to consider when buying a home. After all, what you pay for electricity and gas will be one of the largest regular household expenses. Even … Continue reading

The Bank of Mum and Dad: How can I help my child to buy a property?

Giving money to your child to buy a property

With the average house price now being seven times an annual salary, it continues to become more difficult for first-time buyers to buy a property without help from parents or other relatives. If it were a mortgage lender, the Bank … Continue reading

What is the average cost of conveyancing in 2023?

average cost of conveyancing-2023

If you are thinking about buying or selling a property, you may be asking how much it is going to cost. Conveyancing is a service, not a product. Consequently, the cost of conveyancing will be affected by the property price, … Continue reading

Conveyancing at Christmas

conveyancing at Christmas

As we approach Christmas, a big question hits the minds of buyers and sellers. Between Christmas Day and New Year, conveyancing firms and estate agents tend to wind down, with many of them closing altogether. There is unlikely to be … Continue reading

Stamp Duty Survives Jeremy Hunt’s Mini Budget Tax Reversals

STAMP-DUTY

As political commentary revolves around whether Liz Truss will survive as Prime Minister, one thing that has survived of her economic plan or “mini-budget” was the increased stamp duty thresholds. If you are looking to buy a property in England … Continue reading

What is a Grant of Representation?

grant-of-representation

Usually, the person who transfers a property is the actual owner. But this is not always the case.  When the owner of a property has passed away, an intended beneficiary does not automatically take ownership of it. The property can … Continue reading

Should I be worried about radon gas at the house I want to buy?

Should I be worried about radon gas at the house I want to buy

If you are reading this article, your conveyancing solicitor has probably advised you that the results of the environmental search revealed that the property you want to buy is in an area contaminated by radon gas. Radon gas is a … Continue reading

There’s no executor – how do I make sure my loved one’s property is transferred?

There’s no executor – how do I make sure my loved one’s property is transferred?

If someone has possessions, particularly property or items of value, they should make a will clearly stating to whom they want their possessions to go after they die. A will should also say whom they want to manage their estate … Continue reading

I’m the Executor of a will – what do I do?

Conveyancing lawyer

Being appointed the executor of a will can be a great honour. If the owner has stated in their will that they want you to have this responsibility, it is a sign of the trust they had in you. However, … Continue reading

How to Transfer a Property after the Death of the Owner?

Transfer a Property after the Death of the Owner

If you are reading this article, you have probably lost someone you know, perhaps close to you. In which case, we are sorry for your loss. But, on top of losing your loved one, you are now faced with the … Continue reading

How should I choose a licensed conveyancer or a conveyancing solicitor?

How-should-I-choose-a-licensed-conveyancer-or-a-conveyancing-solicitor-

Most people don’t have much experience in dealing with licensed conveyancers or solicitors. So, in this article, we will look at things you should consider when choosing a conveyancer or solicitor to handle your conveyancing process. What’s the difference between … Continue reading

What conveyancing solicitors need to know about sanctions

economic sanctions

With the recent events in Ukraine, it is important for all conveyancing professionals who work with Russian clients to monitor the situation closely to avoid falling foul of the requirements of sanctions and anti-money-laundering (AML) rules. This is because the … Continue reading

What is a ‘gifted deposit’?

'gifted deposit' in UK

A gifted deposit is money handed to someone, usually first-time buyers, to help them purchase a property. The majority of first-time home buyers now rely on the generosity of family to gift them monies to help with their deposit. However, … Continue reading

What to Know Before Purchasing a New Build?

What to Know Before Purchasing a New Build

What to Know Before Purchasing a New Build? What is a New Build? New Builds are exactly as they sound: new homes that are built to supply the ever-increasing demand for housing. However, there is more to New Builds than … Continue reading

How the New Law on Ground Rents Affects Landlords?

How the New Law on Ground Rents Affects Landlords

The Leasehold Reform (Ground Rent) Bill introduces new law on ground rents affects leasehold properties. The government has effectively abolished ground rents for future long residential leases with its Leasehold Reform (Ground Rent) Bill. This means that the buyers of … Continue reading

Important First-Time Homebuyer Considerations – Phew Conveyancing

First Time Home Buyers

At face value, the term first-time homebuyer is quite straightforward. If you have never owned a home before and would like to purchase one now, then voila, you are considered a First-Time Homebuyer. But what if your spouse already owns … Continue reading

Transfer of Equity Explained – Phew Conveyancing

Transfer of Equity Explained – Phew Conveyancing

What is a Transfer of Equity? A transfer of equity is when there is a change to the ownership of a property. However, unlike in a sale or disposal of a property, in a transfer of equity one or more … Continue reading

Stamp Duty Land Tax for Limited Companies in UK

Stamp Duty Land Tax for Limited Companies in UK

A property lawyer will be able to give you multiple reasons for and against purchasing property through a limited company. More so if it is a residential property that you wish to purchase. Chances are, you might find yourself needing … Continue reading

Stamp Duty and the Effect of the Stamp Duty Holiday on the UK Residential Property Market

stamp-duty-uk-on-property

A stamp duty land tax (or stamp duty) is payable by a purchaser of a property, commercial or residential, to HM Revenue & Customs (HMRC). The government’s annual income from the collection of this tax amounts to £12 billion, around … Continue reading

Use of Cryptocurrency in Conveyancing in the UK – why and why not?

can you buy home with cryptocurrency

Let’s delve into the world of cryptocurrency and buying houses. Is it possible to buy a house using digital currency, taking the risk of using cryptocurrency into account?  Are there any practical examples to support the topic of discussion? Learn … Continue reading

Why is a priority search essential in conveyancing?

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Buying a home involves many important steps. You must be careful every step of the way because it could well be one of the largest investments you make in your life. Priority search is one of the key steps that … Continue reading

The Significance of Bankruptcy Searches in Conveyancing

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Conveyancing is the act of transferring the legal title of property from the current owner to another. Conveyancing also involves transfer of equitable interests or creation of easements in a property. Conveyancing Process usually involves huge sums of money, which … Continue reading

What is Online Conveyancing? Here’s What You Need to Know

Online Conveyancing Services in London 1

An Englishman’s home is his castle and being able to buy your own house is a dream come true for most homebuyers. It is, however, often a mixed feeling of excitement and nervousness. Buying or selling a house involves complex … Continue reading

What Makes Conveyancing Complex?

What Makes Conveyancing Complex

Conveyancing is the legal process of transferring title (ownership) of a property from one person to another. It is a lengthy process that takes on average around 12 weeks or more, based on the circumstances. The process includes legal and … Continue reading

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