Independent Legal Advice (“ILA”) is where a lender requires you to obtain specific advice in relation to their transaction documents from an independent legal adviser. When is Independent Legal Advice needed? There are many different types of transactions where you will be required [...]
Buying your first property is an exciting time but can also be a daunting experience. We’ve put together nine helpful tips to demystify the process for first time buyers and help you along the road to a smooth and stress-free purchase. Tip 1. Consider [...]
In this interview, Liz Searl and Steve Frost discuss keeping your house move progressing as smoothly as possible during the coronavirus lockdown. https://www.youtube.com/watch?v=cyaEvJs8sYg You can still carry on with your house sale or purchase Following her interview, Liz added: We appreciate that there is a lot [...]
For those over the age of 55 who consider themselves “property rich but cash poor”, a Lifetime Mortgage could help free up some of the money tied up in their home to raise funds without the expense or inconvenience of having to sell and downsize. Understanding [...]
An Energy Performance Certificate or EPC provides information about a property’s typical energy use and costs. It also includes recommendations on how to make the property more energy efficient, to reduce energy usage and save money. It gives a rating a scale from A (most efficient) [...]
Legal information library LexisNexis recently interviewed Liz Searl, Head of Residential Property here at Backhouse Solicitors about the state of the UK property market. The resulting article discusses the difficulties of getting onto the housing ladder in the UK, how the Government is attempting to solve [...]
Quarterly figures recently released by Equity Release specialist Key Retirement continue to show a strong demand for Equity Release products across the UK. Read on to find out more. What is an Equity Release Mortgage? An Equity Release Mortgage, also known as a Lifetime Mortgage, enables [...]
With UK house prices at historically high levels, you may be considering making home improvements instead of moving house. This can make great financial sense when you compare the relative costs, but before you start knocking down walls or extending your living space you need to [...]
From 1st April 2018, new Minimum Energy Efficiency Standards (MEES) mean that commercial property must have a minimum EPC rating of ‘E’ before it can be leased. This means that landlords must not renew existing tenancies or grant new tenancies if the property has a lesser [...]
So you’ve found the home of your dreams but it’s a listed building. Should this put you off buying it? Buying a Listed Property can mean owning a beautiful home, but you should be aware that it comes with a lot of rules and regulations. What [...]
