Blog posts categorised: Property

“Help to Buy”: Is it helping?

“Help to Buy”: Is it helping?

Help to Buy Options For many home buyers one of the biggest hurdles to becoming a home owner is gathering that vital deposit together. Help to Buy mortgage schemes were introduced to overcome this and to give thousands of people a foot onto or up the property ladder....
The Tenant Fees Act 2019

The Tenant Fees Act 2019

With the average house price sitting around £125,397, in the North East, it is no surprise that the market has created a generation of renters.  Insufficient levels of home building has succeeded in driving up the price of a first time home to something not easily...
Solar Buyback –  Is it worth it?

Solar Buyback – Is it worth it?

Thomas Edison said “I’d put my money on the sun and solar energy… I hope we don’t have to wait until oil and coal run out before we tackle that.” There are currently 1.5 million homes in the UK with solar power systems, putting Britain fourth in the European solar...
Getting on the property ladder

Getting on the property ladder

How to buy a house with no deposit Often one of the biggest barriers to owning your own home is getting that all important deposit together. The Post Office believe they have come up with a solution to this, helping first-time buyers get on the housing ladder. The...

Are you eligible for a Power of Attorney refund?

Recently, the Ministry of Justice disclosed that almost 2 million people could be entitled to a partial refund of their power of attorney registration fees. Refunds are available to those who made applications to register Lasting Powers of Attorney and Enduring Powers...
The Tenant Fees Act 2019

Leasehold Property

A recent article from the Newcastle Chronicle highlights the importance of obtaining advice when it comes to purchasing a leasehold property. In this case homeowners in the affected streets need to extend their leases. Many mortgage lenders will refuse to advance...

Chancellor Announces Relief for First Time Buyers

Chancellor Philip Hammond yesterday delivered a hotly anticipated budget where he revealed relief for first time buyers by limiting the amount of Stamp Duty they will pay on their first purchase. Hammond hopes that a change to the Stamp Duty Land Tax (SDLT) will...
Can I make an electronic will?

Can I make an electronic will?

Making a will is one of those things that we all know we should do, but many of us don’t. It has been suggested by the Law Society that a staggering 40% of adults in England and Wales die without having made a will. In our experience, the main reason clients say they...
Residence Nil Rate Band (RNRB)

Residence Nil Rate Band (RNRB)

Spring is finally here. The weather is improving and everything in my garden has suddenly turned green and starting shooting upwards. It’s a season of big changes. April is also traditionally a time of tax changes- often tax rises. This year however the...

Northern Law Awards 2017

David Gray Solicitors LLP have been shortlisted for three Northern Law Awards.  The family, crime and property teams are celebrating after the shortlist of contenders were announced today (20 March 2017). The awards, running for the third time in the North East see...