Selling a property to downsize
Downsizing is, at its most simple, moving to a smaller property. People often associate downsizing with retirement, although it can appeal equally to active empty-nesters attracted looking to release some of their equity. Sam Fahey, an Associate in the...
Taylor Wimpey doubling ground rent – Properties in Cornwall impacted
On 22nd December 2021 Taylor Wimpey entered into an undertaking with the Competition and Markets Authority in relation to doubling ground rents for leasehold flats and houses. The undertaking is a direct result of The Housing, Communities and Local Government...
Bank of England Raises Interest Rate Again
What is the Bank Rate? The Bank of England raised interest rates to 0.75% this week, the third increase in four months, in an effort to combat the higher than expected rate of inflation. The Bank Rate (commonly referred to as the Bank of England base rate) is the...
Mining & Mineral
Often your conveyancer will tell you that the ‘mining and mineral rights to your property have been reserved’. But what does this actually mean? To start with, the legal position set out by the Supreme Court in Bocardo SA v Star Energy UK Onshore...