Buying and Selling Property - Frequently Asked Questions

  Embarking on the journey of buying or selling a property in Northern Ireland can be both exciting and overwhelming. Whether you are a first-time buyer or a seasoned property investor, navigating the intricacies of the property market requires a solid understanding of the process. 

What is Stamp Duty

  Stamp Duty, also known as Stamp Duty Land Tax (SDLT) in England and Northern Ireland, is a tax levied when you purchase property or land. The amount you pay depends on various factors, including the property price, and whether it is your primary residence or an additional property.

An Overview on Buying with Co-Ownership

  Co-Ownership, is an organisation that helps people become homeowners, especially when they might not be able to afford full ownership on their own. Co-Ownership presently offer three forms of assistance to perspective buyers:

Selling Property at Auction

  Selling a property at auction is becoming increasingly common place, no doubt due to the various television programmes based around the property auction process. But why would you sell a property via auction and how do you go about it?

A Guide to Buying at Auction

You will all have seen popular daytime television programmes which follow a property as it is sold at auction and its subsequent regeneration by its new owner.  These programmes often show that there is a profit to be made either by selling the property on following its refurbishment or by placing same on the rental market.  If however you are considering purchasing property at auction there are two main things which you must consider.

I want to sell my property what should I do

  There comes a time for most of us that our families have outgrown our home, or that it isn’t suitable for your needs anymore and you need to consider selling and moving elsewhere.

A Guide to Management Companies

  If you have bought a property such as an apartment or a house within a new development, there are likely to be common areas for you and other home owners to enjoy. 

The Do's and Don'ts of Instructing a Property Solicitor in Northern Ireland

Are you embarking on a property transaction in Northern Ireland? Securing the expertise of a seasoned Property Law solicitor is pivotal for a smooth and successful process. To ensure you make the right choices, here's a guide to the do's and don'ts of instructing a specialist Property Law solicitor in Northern Ireland.

Top tips for first time buyers

  You’ve decided that now is the time to take the plunge and set your feet firmly on the property market by buying your first home. Though buying property can be an exciting time for many, it can also be a daunting experience and will be one of the largest financial commitments you will make in life.  So what kind of issues should you be considering when house-hunting?

Property Surveys To Invest or Not to Invest

  Buying a new home can be both an exciting and nerve-wracking experience – exciting because it marks a new start in a new home, and nerve-wracking because buying a house is a big expense and commitment. 

It's With The Solicitor

  You’ve been looking for months and you’ve finally found your ideal property. You’ve made a bid via the estate agent and it has been accepted.  You’ve been to see a financial advisor and you’ve been accepted for a mortgage.  Now it’s time for you to appoint a solicitor for your purchase and you’re told it may be another six to eight weeks before you get your keys! What does your solicitor do in this time?

To survey or not to survey

Buying a new home can be both an exciting and nerve-wracking experience – exciting because it marks a new start in a new home, and nerve-wracking because buying a house is an enormous expense and probably one of the biggest commitments we will ever make. 

When is a Good Time to Re-mortgage

We are all aware of the cost-of-living crisis at present, and the rising interest rates that accompany it. Is remortgaging now a good idea?

The Importance of Energy Performance Certificates

Although they have been in place since 2008, there is a renewed interest in Energy Performance Certificates, but what exactly are they and why are they important? 

Our Guide to Planning Permission and Building Control

So,  that dream home you bought years ago no longer feels like much of a dream – in fact, it may be turning into more of a logistical nightmare as your family grows and the house seems to shrink in size!

Stamp Duty for First Time Buyers

Thursday 30th September see the level at which stamp duty become payable revert to its pre-pandemic levels.

Stamp duty holiday tailoring off

June 30th 2021 marks the beginning of the reduction of stamp duty thresholds to pre-pandemic levels. 

An Update on Stamp Duty

A welcome stamp duty holiday until 31 March 2021 has been announced as part of a packet of measures to stimulate the economy.

Northern Ireland Property Market To Reopen On Monday

We welcome the news that the Northern Ireland Executive have announced that people can buy, sell and move home, as from 15 June 2020. 

An Update on Reclaiming a Stamp Duty Surcharge

The government is preparing to relax the rules surrounding when you can apply to reclaim a stamp duty surcharge.