Key points when negotiating a promotion agreement for your land
If you own land which may have potential for development, or you have already been approached by a developer, the chances are you have considered the pros and cons of a promotion agreement. This can be a great way for a landowner to benefit from a developer’s...
Bank of England Raises Interest Rate Again
What is the Bank Rate? The Bank of England raised interest rates to 0.75% this week, the third increase in four months, in an effort to combat the higher than expected rate of inflation. The Bank Rate (commonly referred to as the Bank of England base rate) is the...
Be Aware of Cyber-Crime – COVID19
As the COVID-19 crisis continues to significantly impact our daily lives, most communities are joining together to support one another. However we are receiving increasing reports that the cyber-crime community is doing the exact opposite and that attempted...
Source of Funds checks – why are they necessary?
As you progress through the process of buying a property, you should be aware that conveyancing solicitors are under a strict obligation to verify the source of the funds you use for the transaction. There are laws which dictate that the acting solicitor must verify...