How Bridging Loans Can Expedite Your Property Purchase

Bridging loans enable investors to secure properties 60-70% faster than traditional mortgage routes

How Bridging Loans Can Expedite Your Property Purchase Every investor always wants to buy a property with a buy to let mortgage, it’s the most affordable  way of expanding your property portfolio. On our side of the fence, we sell property at a good  amount of discount with the aim of selling them quickly. Investors… Continue reading How Bridging Loans Can Expedite Your Property Purchase

Understanding bridging loans – A Comprehensive Guide

A static simple design showing the bridging loan .

Understanding Bridging Loans: A Comprehensive Guide Bridging loans can be useful when a purchaser wants to buy a new home before selling the old one. It can help to ‘bridge the gap’ for a short period. Bridging loans can also be used if you buy a property at auction, where you need the money immediately… Continue reading Understanding bridging loans – A Comprehensive Guide

Common Myths and Misconceptions about Wills and Trusts

Common Myths and Misconceptions about Wills and Trusts Estate planning can be a daunting topic, shrouded in misconceptions and confusion. Wills and trusts, two key tools in this process, often get surrounded by myths that can hinder individuals from making informed decisions about their future. So, let’s debunk some common myths and misconceptions about wills… Continue reading Common Myths and Misconceptions about Wills and Trusts

Soclitors on the Vida Home Loans Preferred Conveyancing Panel

Vida Home loans Preferred Conveyancer Panel consists of conveyancing firms that have met their strict standards and that are accredited under the Law Society’s Conveyancing Quality Scheme (CQS). These solicitors are selected for their consistency and depth of experience in conveyancing. Ola Leslie Solicitors have approved/preferred conveyancer status with Vida home loans and we are… Continue reading Soclitors on the Vida Home Loans Preferred Conveyancing Panel

Conveyancing service charge apportionments and retentions

Understanding service charge apportionment for a smooth leasehold property purchase.

Conveyancing service charge apportionments and retentions What is a service charge apportionment? When a freeholder or management company arranges for shared maintenance and repairs of a building or estate this is usually charged back to the property owners on a monthly, quarterly or annual basis and an annual statement is usually produced. When the property… Continue reading Conveyancing service charge apportionments and retentions

Changing Conveyancer from Simplify Premier Property Lawyers, Advantage Property Lawyers, DC Law and JS Law

We have been receiving a lot of emails and calls recently from clients concerned about the recent cyber attack faced by the Simplify conveyancing group made up of Premier Property Lawyers, Advantage Property Lawyers, DC Law and JS Law. It is unfortunate that there has been such a severe breach of the group’s IT systems,… Continue reading Changing Conveyancer from Simplify Premier Property Lawyers, Advantage Property Lawyers, DC Law and JS Law

Difference between Leasehold and Freehold

Twitter Facebook Linkedin Envelope (Article courtesy of the Homeowners Alliance) Leasehold v Freehold – what’s the difference? It may seem like technical legal language, but there are few things more important about your home than whether it is freehold or leasehold. It makes the difference between owning your own home outright, and having a landlord… Continue reading Difference between Leasehold and Freehold

What is Stamp Duty Land Tax (SDLT)?

  Stamp Duty Land Tax Contents Overview Residential property rates Rates for non-residential and mixed land and property Land and property transfers Shared ownership property Reliefs and exemptions Overview You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland. The tax… Continue reading What is Stamp Duty Land Tax (SDLT)?

What is a Property Chain?

If you’ve ever bought or sold a property, then you have probably come across the term ‘property chain’ before. But what is a property chain and how does it affect you? What is a Property Chain? A property chain is a term used for buyers and sellers who are linked together in a sales transaction.… Continue reading What is a Property Chain?

Protection for client money held by solicitors following the collapse of a Bank

You should be aware that in the event of a failure of a bank:- It is unlikely that Ola Leslie will be liable in negligence if client money is lost following the collapse of a deposit-taking institution, as long as we have placed the money in accordance with the Solicitors’ Accounts Rules (SARs). However, any… Continue reading Protection for client money held by solicitors following the collapse of a Bank