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Briefing quick find:

Major Residential Leasehold Reforms Proposed

The Law Commission has recently announced plans to reform the English leasehold property system. The stated intention behind the Law Commission’s proposals is to make the system easier to use and more comprehensive for the parties involved. The Leasehold Reform (Ground…

Stamp Duty Land Tax: temporary reduced rates

Reduced rates of Stamp Duty Land Tax (SDLT) will apply for residential properties completing between 8 July 2020 until 31 March 2021. The following rates apply for: First time buyers Purchasers who are not first time buyers but this being the only property…

A guide to purchasing leasehold property

In the UK there are two main types of legal ownership of a property: freehold and leasehold. As a first-time buyer, it is possible that you might be looking to purchase leasehold property. If you are looking to buy a…