LATEST BLOG POSTS
Welcome to Peter Barry’s blog posts. You’ll find a range of topics focussing on issues that are important to our clients where we try to answer the questions that we regularly get asked.
Interest Rates Cut in Response to Coronavirus
Wednesday, 11th March 2020 | by: Peter Barry
The Bank of England has cut its base rate from 0.75% to 0.25%. The last time there was a cut was back in 2016 but rates have been at a very low level since the financial crash of 2008. Some mortgages will get cheaper but not all: Fixed-Rate: as the name suggests, your rate cannot change during the fixed period but you can generally start looking at a remortgage 6 months before the end of ...
The Bank of England has cut its base rate from 0.75% to 0.25%. The last time there was a cut was back in 2016 but rates have ...
Who Pays the Party Wall Surveyors’ Fees? An Exception to the Rule
Monday, 9th March 2020 | by: Peter Barry
Until recently it was a general rule of thumb that the owner benefiting from the works that are the subject of party wall ...
Party Wall Notice Options – The Basics
Thursday, 13th February 2020 | by: Matthew Price
Here at Peter Barry, we serve hundreds of notices in any given year. Once a neighbour receives a notice they are a range of ...
Buying your Freehold – A Simple Example
Tuesday, 4th February 2020 | by: Matthew Price
We have previously covered worked examples of how a typical lease extension works but never freehold purchases ...
Loft Conversion Valuation – A Simple Guide
Thursday, 30th January 2020 | by: Matthew Price
Here is our simple 3 part guide to valuing your loft space. Part One - Who does this affect? If you own a house or are the ...
Why so Few Neighbours Consent to Party Wall Notices
Monday, 27th January 2020 | by: Peter Barry
The desired outcome for any owner serving party wall notices is a consent - it allows them to take advantage of the benefits ...
The Great Stamp Duty Gamble
Tuesday, 21st January 2020 | by: Peter Barry
Budget day has been announced for March 11. Will the Chancellor go ahead with the 3 percent surcharge on non-resident properties? Will he realise the Prime Minister's pledge of removing the stamp duty (SDLT) burden from buyers of properties below £500,000? What about the possible cut in the current 10% paid between £925,000 and £1,5m to 7%? Who would win? Last year, 88% of all property sales ...
Budget day has been announced for March 11. Will the Chancellor go ahead with the 3 percent surcharge on non-resident ...
UK Housing Market gets Boris Bounce
Friday, 17th January 2020 | by: Matthew Price
The recently published RICS Residential Market Survey has found that the Conservative's December election victory is now ...
Selling Your Property Privately
Monday, 13th January 2020 | by: Matthew Price
Selling your house typically involves placing it on the open market with an Estate Agent where there are thousands of ...
A Fair Lease Extension?
Friday, 10th January 2020 | by: Matthew Price
One common type of enquiry we receive at Peter Barry, involves a leaseholder who's freeholder also resides in a property in ...
