| Industry News |
|
| News » Residential Property Law » 'Don't cut corners' with property law |
|
08/07/2009
'Don't cut corners' with property law |
|
Those purchasing houses or office space should ensure they do not take any chances when it comes to residential or commercial property law, it has been suggested.
Content editor Michael O'Flynn of FindaProperty.com said there is perhaps too much bureaucracy involved in the buying process and it could probably benefit from being simpler.
However, it is "not surprising" that there is so much paperwork to deal with given how expensive transactions are and people should not be looking for ways to get around the system.
"Anyone buying should remember that in the UK it's still a case of caveat emptor [let the buyer beware], so don't try and cut corners," he remarked.
Mr O'Flynn made his comments following the news that the Land Registry was to increase property registration fees on all units by 25 per cent or more.
He said it is unlikely the changes will have any real impact on the market.
Written by Anthony Dyson |
| |
| Related Articles |
13/01/2010
Residential property prices show new rise
The price of residential property in the UK has continued to increase, according to new figures from the Department for Communities and Local Government (DCLG).
|
06/01/2010
Prime property supply 'set to rise'
The supply of prime properties is set to increase after the general election this year, it has been predicted.
|
04/01/2010
Opportunities to invest in new build properties 'to rise'
Those looking to invest in new build property will get more opportunities to do so in 2010, it has been suggested.
|
31/12/2009
London property investment demonstrates resilience
The residential property sector in London has demonstrated greater resilience compared with other regions over the course of the past 12 months, Land Registry figures have revealed.
|
30/12/2009
Mortgage market competition 'to increase'
Those investing in property will be able to enjoy an easing of finance in the property market in 2010, it has been predicted.
|
News Archive