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New Build vs Second Hand – The Pros & Cons
Posted: 7th May 2024
There are advantages and disadvantages when it comes to deciding between buying a new build or existing property. You will need to weigh up what factors are most important to you from your list of “must-have” features and which type of property ticks the most boxes for you. To help you in making your decision, […]
Things to consider when buying a new home
Posted: 4th May 2024
Buying a new build home is a very exciting time, but can also be very daunting too, particularly given the timescales involved and the mountain of paperwork that comes as part of the purchase process. It is essential that you seek expert help and advice to make your purchase as smooth and stress-free as possible. […]
Key considerations when buying a new home
Posted: 16th February 2024
In recent times, new build properties have surged in popularity among home buyers, offering a blend of contemporary living, energy efficiency, and the appeal of a fresh start. Yet, like any significant investment, there are nuances to navigate. The process of purchasing a new build differs from buying an existing property, which is why it’s […]
Leaseholder Deeds of Certificate
Posted: 6th April 2023
Leaseholder Deeds of Certificate were introduced on 20th July 2022 by the Building Safety (Leasehold Protections) (Information etc) Regulations 2022 and act as evidence that a flat is a qualifying property for the purposes of the Building Safety Act 2022 (‘the Act’). Leases that qualify under the Act are afforded additional protections against issues such […]
Does having an unregistered property change the conveyancing process?
Posted: 23rd February 2023
The Land Registry is the platform responsible for the registration of title to land in England and Wales. The Land Registry hold information on registered properties in relation to the ownership of the land and any registered rights of way, covenants, leases and title extent. After a house purchase is completed, the Buyers’ Solicitor send […]
Can a freehold estate have a management company?
Posted: 15th February 2023
Typically, in the cases of flats and apartments, there will be management companies who will be involved with managing the services for the apartment block. Each leaseholder (flat owner) will need to pay for the services provided by the management company in the name of service charges. However, there is a common misconception that these […]
Shared Ownership explained
Posted: 1st November 2022
Following the opening of our Central Milton Keynes office in 1983 Franklins Solicitors LLP were directly involved with the new concept of Shared Ownership and as a result are experienced in dealing with both New Build and Re-Sale Shared Ownership purchases and sales as well as staircasing (explained below). Shared Ownership is sometimes referred to […]
What does my Solicitor mean by source of funds?
Posted: 21st October 2022
When you purchase a property, large sums of money change hands. This makes it susceptible to fraud and means that if you are purchasing a property, you will need to prove how you have obtained the funds to do so. When you speak to your Solicitor you may hear them saying that they await ‘source […]
A day in the life of…an Associate Partner, Conveyancing Department
Posted: 9th August 2022
I’m Denise Watson, an Associate Partner in our Conveyancing Department based at our Northampton office. I joined Franklins at the age of 16 on a Youth Training Scheme, which nowadays would be similar to an apprenticeship. The Scheme lasted a year and when it finished, I was taken on as a permanent member of staff. […]
Stayed possession proceedings: “No listing, relisting, hearing or referral in stayed claims without Reactivation Notice”
Posted: 23rd July 2020
The severity of the Coronavirus pandemic has led to all possession proceedings being stayed from 27 March 2020 until 23 August 2020. This has left many Landlords and Tenants alike unsure what will happen with their pending possession claim and how it will be dealt with after this date. Following the publication of the Civil […]
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