realproperty – UK Property Law Blog

Leasehold changes

Firstly, sorry for the silence on the blog and Instagram page. The property market is so busy at the moment due to the stamp duty holiday and the first stage discount ending in June. You may have seen in the news that the Queens Speech contained the governments pledge to abolish ground rents in futureContinue reading “Leasehold changes”

Hydrogen Homes…the future?

The UK’s fire homes with household appliances fuelled entirely be hydrogen are to be built in Gateshead, funded in part by the Governments Hy4Heat innovation programme. These new homes provide us with a glimpse of future homes, with no carbon emissions. 2 semi-detached homes will open in 2021 in Low Thornley, Gateshead. The properties includeContinue reading “Hydrogen Homes…the future?”

Affordable Homes

Earlier this week the government announced the prospectus for the 2021-26 Affordable Homes Programme. The plans to build 180,000 new homes were confirmed in the budget in March. The announcement also contains plans on the new right to Shared Ownership scheme and the new Shared Ownership model. The plans will include around 50% for discountedContinue reading “Affordable Homes”

Out of office

Sorry been quiet recently with no new blog content. I’m officially now on holiday for a few weeks. We will be enjoying a staycation in England on the south coast. Hope you all have a great few weeks and watch out for new content soon.

Exchange of Contracts

I mentioned in a previous blog that exchange of contracts is the point in a conveyancing transaction where it becomes legally binding. But what exactly does that mean? I will go into more detail on the process up to exchange of contracts in the future, but what exactly is this magical point of the transactionContinue reading “Exchange of Contracts”

What exactly is Real Estate?

According to Wikipedia Real Estate is property, consisting of land and the buildings on it. Real Estate is often considered an American term, in English common law it is known as Real Property. So why the weird names I hear you ask? Property can be anything that is in your possession, the word has multipleContinue reading “What exactly is Real Estate?”