The Leasehold and Freehold Reform Act, which received Royal Assent in May 2024, aims to improve the rights and protections of leaseholders in the UK. Aims of the Act Ban the grant of long residential leases of houses unless permitted. …
Abolition of Multiple Dwellings Relief
What is Multiple Dwellings Relief? Multiple dwellings relief (MDR) was a tax relief introduced by HMRC. This relief reduced the amount of Stamp Duty Land Tax (SDLT) that was paid on the purchase of a property. It is applied when …
Boundary Disputes
Many property disputes arise between neighbours relating to matters like erecting fences, pruning hedges or overhanging plants and trees. Sometimes it may simply be a case of needing to determine a clear boundary between neighbouring properties. How is a boundary …
Transfer of Equity
What is the transfer of equity? The transfer of equity refers to when you transfer a part or all your shares in a property to someone else. This is commonly seen when someone transfers the shares to either their spouse …
Marylebone Property Deal Sheet
Marylebone Property Bond Adams Deal Sheet 2 Bedroom Apartment Aybrook Street Marylebone Central London – £5,000,000 Bond Adams secures the purchase for its investor client in the exclusive Marylebone district of London in 21 days. Our legal teams worked around …
Registered Office Copies Explained
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 …