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Real Estate

Is Dilapidations an opportunity for tax relief?

Is Dilapidation an opportunity for tax relief?

Financially, this year has been a little more difficult for businesses due to the Covid pandemic, and companies are starting to feel the pinch of months of lockdown, which is adding to financial pressures. Dilapidation is one of the many ways that existing assets can be used to reduce tax burdens on businesses. Dilapidations are …

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What are my Party Wall Rights?

What are my Party Wall Rights?

The Party Wall etc. Act 1996 is a legal framework for preventing and resolving disputes involving party walls, party fence walls, excavation work, and building activity along or near a property’s boundary line. Any building works to a shared wall, excavations within three or six metres of a neighbouring property, and any new walls at …

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Top 3 Things Looked During Property Valuation

Top 3 Things Looked At During A Property Valuation

It is safe to say that there’s a lot to consider when it comes to property valuation. A valuation is a critical step because it helps you understand how much your property is worth and where you should set the asking price.   But, what can you expect during the valuation of property? And what …

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What Questions Should You Be Asking During a Building Survey?

What Questions Should You Be Asking During a Building Survey?

Most people will only buy a property a couple of times in their lives. Because of this, the process can be unfamiliar and seem intimidating or confusing at the start. The same can be said for employing the services of a Chartered Surveyor. Often, interested parties will request a quote, and then not know what else …

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How Long Does A Building Survey Take?

One of the most common questions asked is: “How long does a building survey take?“ The answer is usually, “It depends.” It can take anywhere from 1 to 8 or more hours, depending on the property, then the report is usually back to you within five working days, and sometimes sooner if you have an …

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Top 5 Things Every Homeowner Should Know About Their Property

Owning a home comes with a ton of responsibility. That’s why it’s a good idea to familiarize yourself with everything on the property so that you can stay on top of essential maintenance and upkeep. When you own a home, it seems like there’s always some expense coming up. Whether it’s a required plumbing repair …

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What to Do if Your Home Valuation is Less Than an Offer?

Most residential purchases rely on mortgage finance, and therefore a lender’s valuation is usually required to establish that the price being paid for a property represents the ‘market value’.   Paying a purchase price over the estimated market value can place the lender and buyer to the sale at additional risk. Therefore, the lender instructs …

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What Happens To A Property When The Owner Passes Away?

When someone passes away, their home is generally the most valuable item left in their Estate.  What happens to the property depends on how the deceased owned it and what the Will states should happen (if there is a Will).  Dealing with the deceased’s property can seem complicated and a little overwhelming, especially when dealing …

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What is Asbestos? Dangers and UK Regulations

What is Asbestos? Dangers and UK Regulations

Many buildings in the UK that were constructed in the past have used asbestos due to its desirable properties. The Main Benefit of Using Asbestos: Inexpensive Insulation Resilient and durable Asbestos is incredibly great and insulating heat and absorbing sound for insulation purposes alongside being fire resistant. However, only up until relatively recently the effects …

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