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LBTT threshold must be implemented immediately

09 July 2020

In response to the Chancellor's Summer Statement at Westminster, the Cabinet Secretary for Finance, Kate Forbes MSP, has said that the Scottish Government will raise the threshold for Land and Buildings Transaction Tax (LBTT) from £145,000 to £250,000. Read More...

Electronic signatures for conveyancers

09 July 2020

HM Land Registry has today, 9 July issued draft guidance on the introduction of e-signatures in order to tackle the issues that legal formalities have caused during the COVID-19 pandemic. Read More...

Welsh Gov FAQs addresses five-mile travel rules

Monday 22 June 2020

Following the announcement on Friday of a partial reopening of the housing market in Wales from today (Monday 22 June), the Welsh Government have released further information via FAQs which provides detail about the lifting of the five-mile travel restrictions for the property sector.

The FAQs outline that people can move more than five miles away from where they live. However, they should only move to properties that are unoccupied and have been empty for at least 72 hours or have been deep cleaned.

Other issues in the FAQs from the Welsh Government include:

  • Moving from Wales to England
  • Viewing homes
  • Putting homes on the market
  • Allowing estate agents, surveyors or removal workers into homes

Importantly, letting and estate agents can now reopen their offices, but individuals can only move to an unoccupied property.

However, agents should be aware that they can now assist in-home moves if the sale or tenancy was agreed but not yet completed because of the coronavirus outbreak.

The marketing of occupied properties, including agents doing valuations, can begin but no physical viewings can take place. Valuations and other related activities should be carried out in line with safe working requirements

Further detail will be set out by the Welsh Government in guidance that is due to be published today, 22 June 2020.

FAQs document