Terry The First Home scheme has been launched by the government in July 2022 with the purpose of making it easier for first time buyers to buy new homes. The First Home Scheme will do this by providing part of the purchase price of the new home. Key points about this new initiative are: It is … Read more
The obligations of landlords and tenants, and the statutory basis for the Private Residential Tenancies Board which deals with disputes, are set out in the Residential Tenancies Act 2004. The obligations of landlords are set out in section 12 of the Residential Tenancies act 2004: Obligations of landlords. 12.—(1) In addition to the obligations arising … Read more
The BCMS (Building Control Management System) was brought about by the Building Control (Amendment) Regulations 2014 (S.I. no. 9/2014). The purpose of these regulations is to strengthen the previous regime for the control of building activity. It does this by providing statutory certificate of design and construction, lodgement of compliance documentation with the local authority/building … Read more
Many people are unaware that there were extremely useful planning regulations introduced in 2018 which allowed certain commercial properties to be converted to residential, without planning permission. The regulations-The Planning and Development (Amendment) (No. 2) Regulations 2018-were due to finish in February 2022. Not only are they not finishing in 2022-they have been extended to … Read more
It is common practice in a conveyancing transaction for the solicitors acting for the vendor and purchaser to transfer the closing documents of title and purchase funds to the other side to be held ‘on trust’ pending completion. Put simply, if I am acting for the buyer of a property, I will transfer all the … Read more