Residential Property Archives | Sills & Betteridge Solicitors

Selling a property quickly to get out of a mortgage

Rising interest rates have dominated the headlines recently, with the Bank of England estimating a million households could see their monthly mortgage repayments increase by £500 over the next three years. If you are affected, you may even be thinking about giving up your property so you will no longer have the burden of a mortgage.

Office Expansion for Sills & Betteridge in Gainsborough

We have now opened the doors to our newly refurbished office extension at Marshall’s Yard.

Buying a Property with a Roof Terrace or Balcony

A home with outside space appeals to many of us, but it may be hard to find somewhere affordable with a garden and, even then, you may not want the responsibility of its upkeep. A balcony or roof terrace could give you that much coveted al fresco space without the maintenance headache.

Registering Your Property at HM Land Registry

HM Land Registry are responsible for managing the national register of land and since 1 December 1990 it has been compulsory to register land when certain events take place, including a change of ownership. There are lots of properties where these events still have not taken place over the last 30 or so years and, in fact, in 2019 14% of properties in England and Wales remained unregistered.

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.

Moving home and what to prioritise!

Do you value the expertise of your property legal advisor more than a fancy home entertainment system when you could be buying the biggest asset of your life? We do too!