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Selling & Buying

Deposit Confusion

One of the property terms that can be confusing is the word “deposit”, especially among first-time buyers who have previously been renting. For example, consider this statement: “When Jake got his deposit back he had enough for his deposit, although this was not enough to cover his deposit.” There are three uses of the word Continue Reading

Low Uptake of Online Agency

Some local sellers have approached us to sell their property following a less-than-impressive performance by an online alternative to “proper” estate agency. Although it is always tempting to say “I told you so”, we wouldn’t be so harsh with someone who has just been through the mill with the wrong choice of agent.

Stamp Duty

Stamp duty originated in the 17th century when duty stamps could be purchased and attached to a transactional document to prove that any tax due on the transaction had been paid. Today, tax relating to the purchase of land is known as “Stamp Duty”, or, more correctly Stamp Duty Land Tax (SDLT).