It’s good to go back to basics to understand why registered office copies are so important. Here at Bond Adams Solicitors, we work on your transactions with care. The best way for us to do this is to write a …
Property law – Gifting a deposit to your children to buy a house – what steps need to be put in place?
Can you buy a house with Bitcoin? Will mortgage lenders allow your deposit to come from cryptocurrency? We look at this ever growing subject.
Registration of New Builds
Each time a new housing estate gets built, a lot of work is done both inside and outside of HM Land Registry (HMLR) to make sure the land registration process goes smoothly. To begin with, the developers of a new …
Transfer of property to a Limited Company
Transferring your property to a limited company can help you to reduce your annual tax bill as the corporation tax is only 19% and there is no national insurance payment. However, this may not be the case for most landlords …
The importance of physically inspecting a property of interest as a prospective buyer
Why it is important to physically inspect the property you are interested in? When buying a property, many may be surprised to learn that it is the responsibility of the buyer to uncover problems with the property. A seller’s responsibility …
Key changes in the proposed Leasehold and Freehold Reform Bill
The Leasehold and Freehold Reform Bill, which was introduced to the House of Commons in November 2023, and is currently being reviewed, proposes sweeping changes to legislation on leaseholds. Below are some of the key changes that the Leasehold and …
Understanding Property Auctions
There are two types of auction; the faster traditional method and the more flexible modern method. With traditional auctions, they tend to be favoured by experienced investors and cash buyers because they are less flexible and have a shorter time …
Transfer of Equity
The legal process used to add or remove someone from the title deeds of a property is known as the transfer of equity. There could be many reasons why one may decide to use this legal process: Upon a breakdown …
What Is An Overage Agreement?
An overage agreement may also be called a Clawback Agreement or an Uplift Agreement. It is a type of contract in which the seller would be paid extra by the buyer if matters specified occur within a specified timescale. These …
State Bank of India shock move to offer 3.9% interest rates on mortgages – Bond Adams overview
Nationwide Building Society and TSB have both cut selected residential fixed rates, effective today. The Nationwide are offering a five-year fixed-rate deal for purchase at sub-5%. Nationwide has made cuts of up to 0.31 percentage points. Now they are offering …