If you own a small plot of land which you no longer need or wish to maintain, now could be a good time to sell, especially if your plot has development potential. ‘The prospect of selling to a neighbour or family member may feel very different from selling to a developer, but it is important to consider all the [...]
‘Buying a park home or a static caravan is an increasingly popular option says Cathal Murray of James McNulty & Co. ‘It appeals to all sorts of people; retirees, downsizers, or those simply looking to make the most of their leisure time. It can be a major financial commitment, so it is important not to scrimp on professional advice.’ [...]
Delays in the Probate system have hit the headlines of late, with bereaved families having to wait many months to obtain a Grant of Probate – a stark contrast to the 16 weeks the Government says the application should take. Adding to this, further delays at HMRC mean that Estates are taking much longer to finalise before everything can [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
