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So far Cathal has created 78 blog entries.

Six reasons why you may need a cohabitation agreement

Moving in together is an important and exciting step in a relationship. Whether you are moving into a house or apartment that one of you already owns, or renting or buying a place together, it is a commitment that is financial as well as emotional. Unlike almost any other financial commitment, cohabiting is one that you are able to [...]

Selling a property when there is a problem or dispute

If you are selling a property, as part of the standard conveyancing process, your buyers will expect you to provide certain information about your property. There are set questions for this in what are called Pre Contract Enquiries that asks if you are aware of any problems regarding the property, or any complaints about the management company, or any [...]

Gazumping and gazundering – perils in an uncertain market

Research suggests that nearly a third of recent sellers have suffered gazundering, which property pundits attribute to a downturn in the market. But, in some areas, the lack of suitable properties means there is still fierce competition for homes, with buyers trying to outbid each other via gazumping. ‘It is certainly a challenging time to be moving home,’ agrees [...]

The information you must provide when selling your home

When selling your home, you may recall the expression ‘buyer beware’. But what does this mean and is it still relevant today? ‘Historically, the buyers in a conveyancing transaction have been responsible for satisfying themselves on a property’s suitability,’ explains Deirdre McSorley, residential property solicitor with James Mc Nulty & Co. ‘Nowadays though, the situation is more complex. There [...]

Selling a property quickly to get out of a mortgage

Rising interest rates have dominated the headlines recently, with banks estimating a many households could see their monthly mortgage repayments increase by £500 over the next three years. If you are affected, you may even be thinking about giving up your property so you will no longer have the burden of a mortgage. ‘Becoming mortgage-free would certainly help ease [...]

Buying a property with a roof terrace or balcony

A home with outside space appeals to many of us, but it may be hard to find somewhere affordable with a garden and even then, you may not want the responsibility of its upkeep. A balcony or roof terrace could give you that much coveted al fresco space without the maintenance headache. ‘It is certainly an attractive proposition,’ agrees [...]

Conditional gifts – allowing for everchanging future possibilities in your will

Deciding who should inherit from you in your will, how much they will get and in what shares, are big decisions to make. This can be made more difficult if you have particular concerns about a beneficiary and whether the inheritance could be at risk. ‘Second marriages, family disagreements, or children who have a lot of debt can all [...]

Charge on your property

What is the registered charge on a property? If you take out a mortgage to buy your home, your lender will almost certainly register a charge against it at the Land Registry. The charge does not transfer ownership. However, it will give the lender important rights, including the ability to sell your home if you default on your loan. [...]

Selling property if you are a residential landlord

As interest rates and economic pressures squeeze property investment returns, more and more landlords are leaving the private rental market. There have been claims in the media of a landlord exodus and if you are a residential landlord perhaps you have been thinking about selling up too. ‘The environment for landlords is certainly very different from a decade ago,’ [...]

Selling a property through the modern method of auction

Online auctions, especially the ‘modern method’ of auction, continue to grow in popularity. Last year saw a 40 percent rise in the value of property sold at auction, much of this online. But what exactly is the modern method of auction and is it something you should consider? ‘For a seller, there are certainly some advantages to the modern [...]

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