When someone dies, the process to assume the legal right to handle their estate (land, property and any other assets such as money and personal belongings) is known as applying for probate. You can learn more about the process for applying for probate, when it is necessary and who is eligible to apply at the following
Whilst you’ll probably have heard about “gazumping” – when another buyer jumps in with a higher offer which the seller accepts – you may be less familiar with “gazundering”. Gazundering is when a buyer lowers the offer price that they have agreed with the seller at the last minute, just before contracts are exchanged. In
When contracts are exchanged in England and Wales (the law differs in Scotland), a property purchase becomes legally binding. At this time, the buyer and seller commit to a completion date when the property will pass to its new owner and list the fixtures and fittings that will be included. On completion, the seller’s solicitor
Solar panels are becoming increasingly popular with UK homeowners looking to save money on rising energy prices whilst also reaping the environmental benefits of renewable energy in an increasingly climate conscious world. But how can they save you money on your energy bills, and do they actually add value to your home? Whilst solar panels have long
When it comes to adding value to your home, we often think about large, kitchen-diner extensions or a brand new bathroom. However, there are many prospective homeowners who have a garage at the top of their priority list. Indeed, anyone with a highly prized motor or hobbies which take up a lot of space will
It isn’t called location, location, location for nothing! If you are lucky enough to own a coastal oasis which boasts that all-important sea view you can certainly expect this to add significant value to your property. Historically, sea view properties have always been valued higher than their inland counterparts and that has certainly been true
When it comes to property, surely an asking price is an asking price? Well, sort of. Terms such as “Offers in the Region Of” or “Guide Price” are designed as a starting point for offers, but they can easily confuse or irritate potential buyers. A property marketed with a price which includes “Offers in Excess
The popularity of wood burning stoves, or ‘log burners’, has increased steadily over the last 10 years and it isn’t hard to see why. Aesthetically, they provide an inviting, characterful focal point to your living space. Practically, they keep your home warm and toasty and are said to be three times as efficient as an
Whether you’re a first-time buyer or a seasoned property owner, navigating the administrative and legal red tape involved in buying a new home can be daunting. An important element of the purchasing process is understanding the various legal forms required. While you may be familiar with the TR1 form, which is used to formally transfer
Whether you’re moving to a new town, a new county, or even a new country, relocating can feel like an overwhelming task. There’s so much to think about – from deciding what to do with your existing home to choosing whether to buy or rent in your new area. Throw in packing up all your
One of the most important documents in the home buying and selling process is the TR1 form. The TR1 form is a legal document used to transfer the ownership of property from one party to another. It is typically completed as part of the conveyancing process, and its significance cannot be overstated. The TR1 form
Whilst many vendors choose to list their property with just one agent, it isn’t the case that you have to stick to just one. In the UK, you can list your property with two or more agents if you wish to, which is known as either a joint sole agency agreement or a multiple agency
