Statistics published by the Spanish government show that property prices in Spain have increased during the second quarter of 2018 by 6.8%. The current market value of Spanish housing is 2.6% higher compared to the second quarter of 2017. It was also reported that the national property price index is 23.9% higher than it was four years ago.
If you are lucky enough to own a property in Spain but unlucky to have squatters in it, you will be pleased to hear of the latest legal changes about to come into effect. Under the new rules a fast-track procedure has been introduced to allow owners to get squatters out in a matter of weeks; previously squatters rights allowed them to fight in court for an average of 15 months.
We are delighted to have been invited to attend the recent Your Overseas Home event in Manchester, where Susana Diez was able to speak to guests about how we can help you buy your property in Spain. It will be a big investment for you so it’s vital that you get expert advice and assistance throughout the process. The Spanish legal system is very different from the UK, you need to have a solicitor who can ensure the property
Cost of MEES Minimum Energy Efficiency Standards (MEES) for properties that are to be let, come into force on 1 April 2018. Residential landlords of properties with an EPC rating of F or G will be compelled by law to upgrade the energy efficiency of their properties, but under existing law only if this can be done at “no cost to the landlord”.
A word of warning from our Litigation Solicitor, Kate Austen. Many landlords may have lovely tenants, who pay rent on time, care for the property and leave it in a good condition. However, there are some landlords who will also have come across the bad tenant. In the last 12 months Kate has acted for a landlord during an extenuated possession procedure simply because the landlord had not carried out the appropriate checks on the tenant
The Government has announced that it is going to support a Private Members Bill, to enable tenants to sue for breach of contract, if their homes do not meet minimum safety standards. There have been many measures over the years, which have had the cumulative effect of increasing the burden of legislation on Landlords, so that:
"The U.K. witnessed yesterday a seminal moment in the evolution of the Rule of Law, when the Supreme Court ruled that the Government's previous actions in imposing fees on applicants to the Employment Tribunal were unlawful. The court went further, and said that access to justice was a constitutional right, so potentially its decision may be of far wider significance. On the downside this decision may trigger a surge of unwelcome claims
With more than four million homes in England being leasehold, it is vital that you fully understand the terms of any lease and the fees you may have to pay, if you are contemplating buying or selling a leasehold property. Although the government is considering reforms in this area, for the moment leasehold transactions are often complex and burdensome, and must be handled with care. Our experienced property team can help you to
Flooding is becoming an increasing problem and needs to be considered when buying or leasing a property. Things to think about: Flooding can cause "contaminants" to migrate from one property to another If you own property next to a river, then at law you are obliged to accept flood flows from elsewhere. You are also obliged to keep the banks clear from obstructions if they cause increased flood risk Insurers may
You are at your first auction, you get swept up with all the excitement, and make your bid. You have been successful. What can go wrong? The answer is plenty. Some of the legal problems that you may encounter include: Leases not registered at the Land Registry, so they are void which damages investment values Recent covenants blocking development Undisclosed legal proceedings to forfeit the main lease of the building Vat payable,
Given interacting on-line is an increasingly important part of our daily lives, there is a growing risk of your property being fraudulently sold or mortgaged by criminals. There are two things you can do to help protect your property from being stolen from you or used as security if your property is already registered with the Land Registry: Track changes to the register You can sign up with the Land Registry to
At Labrums, we know how stressful it can be to buy or sell a house. That's why we make it our mission to be as approachable and as helpful to our clients as possible. Take a look at our video below to find out how our Residential Conveyancer, Collette, goes the extra mile for our clients. If you would like any help or advice then call us on 01727 858807 and we’ll do everything we can to make sure
The latest property sales figures show that Murcia is one of the leading regions in Spain in terms of growth. Read more in the excerpt from Murcia Today below. If you have any questions about Spanish Property, contact Michael or Susana on 01727 858807 or email firstname.lastname@example.org
As reported by Murcia Today, the recovery of the property market in Murcia is spreading, with the number of sales rising by 16.3%. Source: Murcia Today If you have any questions about Spanish Property, contact Michael or Susana on 01727 858807 or email email@example.com
As reported by Murcia Today, mortgage registrations in Murcia, Spain, have increased in the first quarter of 2016 compared to the same period last year. Source: Murcia Today If you have any questions about Spanish Property, contact Michael or Susana on 01727 858807 or email firstname.lastname@example.org
Did you lose your deposit when purchasing a Spanish property off plan? You could be in line for a pay out following a landmark ruling in the Supreme Court in Spain. It is reported that up to 100,000 UK investors could be paid as much as £20,000 each. This would total £2bn owed to Britons who lost money before 2008. The deposits paid to developers when purchasing off plan should have been paid into a bank account
Choose your tenants very, very, carefully We’re starting with a really obvious one, but it’s still worth highlighting. Once tenants are in possession of the property it will take time, and possibly court action, to remove them. There is also the important issue of mandatory immigration checks, so Landlords should obey three golden rules: Obtain original versions of documents
It’s not long since we discussed the 12 metre wide sinkhole that suddenly appeared in St. Albans. If you missed it, take a look at our original article here. Since then, the residents have been forced to live in alternative accommodation whilst further survey work was undertaken on the cavity on Fontmell Close. It is hoped that the day of their return home is drawing nearer, as a report on the findings will be finalised within
St Albans is boasting Britain’s strongest house price growth over the past year, according to Nationwide. The average cost of a home in our historic town is now £494,777 after prices rose by 24% in the 12 months up to September 2014. This puts St Albans at the top of the table of “best performing” regional towns and cities, ahead of London, where prices are up by nearly 22% in the same period.
Labrums has secured membership to the Law Society's Conveyancing Quality Scheme - the mark of excellence for the home buying process. The firm has undergone rigorous assessment by the Law Society in order to secure CQS status, which marks the firm out as meeting high standards in the residential conveyancing process. Law Society President John Wotton said that the Law Society introduced CQS to promote high standards in the home buying process.