An overage agreement may also be called a Clawback Agreement or an Uplift Agreement. It is a type of contract in which the seller would be paid extra by the buyer if matters specified occur within a specified timescale. These …
State Bank of India shock move to offer 3.9% interest rates on mortgages – Bond Adams overview
Nationwide Building Society and TSB have both cut selected residential fixed rates, effective today. The Nationwide are offering a five-year fixed-rate deal for purchase at sub-5%. Nationwide has made cuts of up to 0.31 percentage points. Now they are offering …
Can you get a UK mortgage as a foreign national?
Is it possible to get a UK mortgage for foreign nationals? Yes, it’s possible. You don’t have to have a UK passport in order to take out a buy-to-let, residential or commercial mortgage. You’ll have to apply for what’s called …
Buying property in the UK
BUYING PROPERTY IN THE UK: Real estate in the UK signifies reliability and stability for most people because it is a part of Europe but at the same time not a part of unstable continental Europe or the EU. Whatever …
Interest Rate Rises Continue
The Bank of England is set to raise interest rates for the 14th consecutive time this week in a move hoped to fight inflation. Rates look set to reach 5.25%, the highest since 2008. The monetary policy committee are expected …
Registered office copies explained
This article is going to explain the basics of the office copies and why they are so important. Here at Bond Adams solicitors, we work on your transactions with care. The best way for us to do this is to …
What does a Local Search reveal?
It is common for transactions to take a longer time than expected. One of the main reasons for this is receiving searches may take longer than expected. Here at Bond Adams, we appreciate the importance of these searches and would …
Post-Completion Registration Process
Once the property matter has completed, post-completion begins, where submissions such as Stamp Duty Land Tax (SDLT) and Land Registration applications are performed. This article will summarise what Land registration is, and the benefits of registering your title. The solicitor …
Islamic Finance
What is Islamic finance? Islamic finance or Islamic banking is finance or banking which comply with Shari’ah Law. Shari’ah law prohibits charging interest, which means that interest cannot be charged, nor can it be paid on savings. This is because …
New UK Laws- What you need to know as a tenant or landlord
New UK Laws- What you need to know as a tenant or landlord On April 6, 2022, new laws regarding renting a property came into force which are applicable to all tenants and landlords. A significant change is the end …