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Coronavirus increases demand for expensive real estate

Traditionally, sales of more expensive homes have always been slower than sales of other properties. However, this year, according to the UK’s largest real estate website Rightmove, homes worth £ 1 million or more are selling at the fastest pace since 2014 and are the leaders in the real estate market. The number of sales of such houses has more than doubled, and in general, the number of agreed transactions in the real estate market has grown by 61% compared to

Selling a residential property – the Timeline

If you’re selling a residential property, these are the steps you’ll need to take. The timeline below assumes there is not a chain on the property. Putting your property on the market – Week 0 The first step to selling your property is putting it on the market. Normally, this is done via an estate agent who will advertise your property, arrange viewings and put up a ‘For Sale’ sign outside your house. During this stage, people will come to your property for

Buying a residential property – whether you’re a first-time buyer or not, here is the Timeline for your purchase

Finding a property – Week 0 When you’re purchasing property, you’ll likely want to view multiple properties to make sure you find the perfect house or flat. If you do, take a look at our property search guide. In the UK, this process generally takes 8-12 weeks, at the end of which you’ll make an offer on a property. Making an offer – Week 8-12 Once you’ve made an offer on a property and it has been accepted, it’s time to sort out the

Tier 1 Entrepreneur – the rules are the rules

The Court of Appeal has made yet another unfavourable decision – unfavourable to applicants that is – about the points-based system, this time in connection with the Tier 1 Entrepreneur route. (This visa route is now closed to new entrants but still available for those applying for extension or settlement.) Mr Junied, a national of Pakistan, had applied in-country for leave as a Tier 1 Entrepreneur but the application had been refused by the Home Office. The reason for refusal was this.

Tier 1 Investor investment scheme fails

As many readers will know, the Tier 1 Investor visa enables “high net worth individuals” to invest large sums of money into the UK and acquire leave and potentially settlement on that basis. The rules about the investment – both the amount and the destination – have changed over the last few years. But it has always been the case that the funds that the investor has for investment must be “under his control” (legal drafting traditionally adopts the male gender

Brexit and Immigration

At last Brexit has happened. Some will breathe a sigh of relief and others will breathe a sigh of horror but at any rate it is done. But perhaps the sigh of horror will not be as strong as it might have been. So far the dread prospect of no deal Brexit has been avoided, and this has made things a bit easier for EEA nationals and their family members (of whatever nationality) than they would have been otherwise. Such people who

Meghan and Harry and British Citizenship

The international media is of course perennially fascinated by anything to do with the British royal family and there has recently been a lot of discussion about Meghan’s and Prince Harry’s decision to “balance” their time between the UK and Canada. There is a lot of no doubt exciting stuff attached to this issue but immigration lawyers, being fairly boring, have tended to focus their attention on how this is likely to affect Meghan’s chances of becoming a British citizen, and

Global Talent Visa

It seems as though Tier 1 of the points-based system is on the way out: the Tier 1 Entrepreneur, Tier 1 Graduate Entrepreneur and Tier 1 Exceptional Talent visa routes are all now closed to new entrants. Only the Tier 1 Investor route remains unscathed. The Tier 1 Entrepreneur visa was rather complicated but if you were a very clever person it was doable. The replacement Innovator visa, while not so obviously complicated, has attracted a far smaller proportion of successful

Family Law: questions & answers

We were inundated with your questions relating to divorce, separation, family homes and division of other assets. Let’s answer some of them: Do I have the right to stay at our family home, we do not have children, and the house is registered in my husband’s name? If you have no children and you are safe staying in your family home, agree with your husband the arrangements that you will be putting in place when you are able to. If your relationship

Buying a new-build- what if you can’t complete your purchase?

The legal process involved in buying an apartment in a new development differs significantly  from the purchase of an existing property from an individual seller. It is often the case that, at the time of exchange of contracts, when your signed contract is sent to the seller and you receive the seller’s signed version,  construction of the building and your apartment is not finished. Completion of construction normally takes place at a later date and is confirmed by a certificate sent to your property agent and your solicitors, together with a notice