Longridge: 01772 783 314 | Garstang: 01995 602 129 | Lancaster: 01524 581 306 
 
Longridge: 01772 783 314 
Garstang: 01995 602 129 
Lancaster: 01524 581 306 

Posts tagged “Conveyancing Solicitors Preston”

Sadly, we live in a world where we have all heard of someone’s house being broken into and someone’s belonging being taken, and we are forever hearing the phase “if it isn’t nailed down, they’ll take it”. 
 
Our Property Department have recently noticed an interesting case in Plymouth where one lady reportedly had her house stolen. No, MG Legal’s Conveyancing Department aren’t suffering from sunstroke - that’s right she had her house stolen! 
First of all, for those of you who might not have heard of the concept before, when you buy a shared ownership property, you buy a share in a property, usually a new build, for a smaller sum than the whole value. For example, if a property was worth £200,000.00, you would buy a 25% to a 75% share, for between £50,000.00 and £150,000.00. 
 
To be eligible to purchase a shared ownership property, you have to meet certain criteria, which our team of property solicitors Preston have set out below:- 
 
You must be a first-time buyer, so you can’t own any property either abroad or anywhere else in the UK, whether that’s a buy-to-let, inherited property or a holiday home. 
 
If you are a previous homeowner, you must now no longer be able to afford to purchase a property. For example, you may have divorced from your spouse, and you need to re-house yourself and your children. In this case, after taking some advice from your local family law solicitors, you may decide to enquire about shared ownership properties. 
 
Your household’s income must be less than £80,000.00 per year – or £90,000.00 if you’re one of our clients living in the London area. 
MG Legal, Preston and Lancaster’s local property solicitors, have noted lots of new build developments cropping up along the A6, through into Longridge, Lancaster and the like to be fair though they are hard to miss! Local websites and forums have either dismissed or applauded the developments, and our team of property lawyers are staying firmly on the (garden?) fence. We can however, advise all buyers and prospective buyers alike of the benefits of New Build Home Warranties
 
NHBC are one of the leading suppliers offering protection for homebuyers when they purchase a new build property in the form of Buildmark warranty and insurance. It is NHBC who are reporting that 2019 has seen the highest number of new build home registrations in the past twelve years! 
Property Solicitors will always advise you to weigh up what is important to you. What property ticks the boxes for you? 
MG Legal’s conveyancing solicitors are well aware of the promises and expectations housing companies can often place upon their prospective buyers, to ensure that sale goes through. This is where the role of MG Legal’s expert conveyancing team come in. We will do all in our power to ensure that you are in that new home as soon as possible, and our expert team will ensure that this does not come at a cost to the standard of property you are acquiring. 
 
Unfortunately, one family in Swindon were met with a £400,000 property that was sadly shattered to pieces, literally in some ways, just weeks after the big move. The Tompkinsons have found themselves amidst an 18 month squabble with the housing company that sold them the property, finding an astonishing 400 faults which require rectification. The faults include a number of issues such as missing brickwork, paint defects, alignment issues and unbolted bannisters, for example. 
 
One major turning point was, just three weeks in, where a roof tile, which was secured using duct tape, fell from the roof and caused £3,000 damage to the family car which was parked outside the property. The family’s concerns were then raised even further as the issues were now causing problems in terms of safety. The family have three children who also reside at the property and, at this point, decided enough was enough. 
 
The housing company are aware of the issue, however, the same is yet to be attended to. Mr Tompkinson claimed that there had been an offer for the family’s expenses to be covered whilst the repairs were carried out, and for them to vacate the same during this time. This ‘offer’ has not been forthcoming since. The housing company have gone on to suggest that the roof tile falling from the roof arose as a result of an ‘Act of God’ by the wind. 
Next time you hear the words ‘any more for any more?’, our solicitors in Preston warn to be sure of exactly what you are paying for. Here’s why… 
 
Purchasing a property at auction can be an advantageous way of buying a property that is value for money and also promises a quick turnaround in terms of conveyancing. MG Legal’s solicitors in Preston deal with auction properties on a daily basis and work to help our clients reap the benefits of the same. 
 
In one recent American case, however, our conveyancing solicitors have been astounded to learn the facts of one particular case where the buyer most definitely got less than he had originally bargained for. 
Mobile network provider EE, have recently announced that they are taking the world of mobile data one step further. They will soon be offering not just 3G, not just 4G but 5G, to their customers at various sites around the UK. The upgrade is said to be particularly useful for the business sector in having easy accessible and reliable data, with significant speed increases, at all times. 
 
The proposals are set to be released to over 1500 sites over the next year, promising a faster network for their customers. One of the sites will be situated within Liverpool, where politicians are commenting this will be “a massive boost for the city”. Our solicitors in Preston, however, reveal at what price this may come at. 
With so many housing developments being built, especially in your local solicitor’s home county, Lancashire, we can all sympathise with the feeling of dread when you receive a planning application letter from your local council. But, when you receive a similar letter about your neighbour’s property, do many of us really pay that much attention? 
 
Well, for neighbours of Sophie Hicks, a renowned architect, they definitely paid attention, and said no! 
Recent research, finding that many prefer online contact as opposed to meeting with face-to-face with their solicitor, has come at a shock to MG Legal’s team. We are not the big, bad wolves you need to be scared of (or at least after we have all had our morning dose of coffee, that is!), and aim to ensure all clients feel comfortable with both online and face-to-face contact. 
Mortgage Freedom Day may not seem a likely part of your usual list of celebrations within your diary for this year, however, MG Legal’s property team can explain why you may want to note this date in red pen with stars and circles around. 
 
16th April was officially deemed Mortgage Freedom Day of 2019. Mortgage Freedom Day essentially means that borrowers have reached the point in the year where they have earned enough money to cover their mortgage payments for the year. 

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