The first Labour budget for 14 years was the subject of much speculation in the press. But what has changed for homeowners, buyers and sellers? And is there anything property owners should do as a result? ‘There was a lot of hype surrounding the budget,’ agrees Cathal Murray, a solicitor with James McNulty & Co. ‘Whilst the impact on [...]
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.’ [...]
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 [...]
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. [...]
When a child is involved in an accident, the injuries they suffer can be severe and possibly life changing. As a parent all you want in this situation is to make them better, but this can be hard if the treatment they need is not readily available or if your family is under financial strain because of extra expenses [...]
One in five landlords plan to sell, citing increased regulation and less favourable tax treatment as reasons, according to recent research by a leading building society. ‘If you have a tenant, a key decision will be whether to sell with them in place or with vacant possession,’ says Cathal Murray, a solicitor with James McNulty & Co. Solicitors and [...]
Searching for your next home, car parking may not be top of your list of priorities. A recent survey by Uswitch reveals nearly one in ten people has knocked on a neighbour’s door to complain about parking. It is not just neighbours who can cause problems. Commuters, school parents, entertainment venue and other visitors, can easily turn a quiet [...]
We all have the right to leave our money and property to whoever we please when we die, but the decisions we make must be arrived at freely and without undue influence from family, friends or others who hope to secure an inheritance. Unfortunately, with elder abuse and oppression of the vulnerable on the rise, there are hundreds of [...]
Even if someone is wealthy their estate may have debts to be dealt with after their passing – it is reported that Michael Jackson died with around $500 million worth of debt. Find out how to manage expectations if there are debts following the passing of a loved one here. Dealing with estate debts If you are an executor [...]
