Services
People
News and Events
Other
Blogs

Residential Property

The popularity of equity release is growing, but is this a good move?

Gillian Hawley
  • Posted
  • Author

Equity release is no longer the niche lending area it once was with more and more homeowners over 55 choosing to release cash tied up in their homes and there are few signs of this trend subsiding. Lending in 2018 increased by 27% compared to the previous...

Andrew joins the team to help you make it a smooth move this summer

Andrew Rodbourne
  • Posted
  • Author

The thought of moving home is an exciting prospect - spring and summer are times for making changes, it’s when houses go on the market with flowers in the garden and a range of bank holidays and long weekends to unpack. Similarly winter, in particular...

Why You Might Want To Purchase Your Freehold?

Rakhsana Noreen
  • Posted
  • Author

As property lawyers we are often asked about freehold, what does it mean, can I buy it, is it worth it, why would I want to? Freehold property can be defined as any estate which is "free from hold" of any entity besides the owner. So the owner...

Conveyancers 'too close' to developers, MPs claim

  • Posted

Conveyancers 'too close' to developers, MPs claim   MPs are claiming that Leaseholders, who are too cosy with developers, are instructing conveyancing solicitors to act on their behalf by offering incentives. A report published recently by...

Spring Property Moves

  • Posted

Spring is always a busy time for making changes, it’s when houses go on the market with daffodils in the garden and a range of bank holidays to take advantage of a long weekend to unpack. At Pearson Solicitors we have a new solicitor joining our team...

Recent Poll finds support for 100% Mortgages

  • Posted

RECENT POLL FINDS SUPPORT for 100% MORTGAGES Considerable support for 100% mortgages has been shown in a recent YouGov report showing that some 48% think that reintroduction of 100% mortgages is a good idea. 100% mortgages let people buy homes without...

Were you recommended the best solicitor for your house move?

  • Posted

A job well done is the best way to please clients, according to property lawyer, Victoria Marshall. Choosing a conveyancer for your house move is a big decision and in a recent survey our clients reported high levels of satisfaction and were pleased to...

Assistance available for first time buyers

  • Posted

The thought of buying your first property can be both an exciting and daunting prospect. Luckily there is a range of options available to aid first time buyers wanting to get their foot on the property ladder. A first-time buyer is defined as an individual...

Moving home? The importance of an experienced solicitor

  • Posted

Buying your first property, or even simply moving from one home to another can be stressful, especially as for most of us, it could well be the most expensive purchase we make.  It’s important that you choose the right solicitor to take the stress...

Property fraud is on the rise

  • Posted

Property fraud is where fraudsters try to ‘steal’ your property by pretending to be you and selling or mortgaging your property and leaving you to pick up the pieces.  It mainly affects residential and commercial landlords.  You will...

Spring is here - bringing out the daffodils ... and the house hunters!

  • Posted

The daffodils are blooming, the days are getting longer and spring is officially here. Traditionally, this time of year sees a pick-up in the housing market as more people start to get serious about finding their new home. If you’re house hunting...

Landlords - are you prepared for the new EPC regime?

  • Posted

The rules on Energy Performance Certificates (EPC) are about to change. Landlords only have until April 2018 to prepare for a tightening of the rules. Failure to do so could mean they will not be able to rent out their properties. What is an EPC? Whenever...

Registering Your Property for the 1st Time if Unregistered Title

  • Posted

We all know that when purchasing a property you want it to be a smooth and stress free experience.   Buying a property which has not been registered with the Land Registry can cause huge headaches and delays in a property transaction. Our experienced...

House Hunting? Some Early Prep Could Speed up the Process

  • Posted

The conveyancing process in the UK can be frustratingly slow for those keen to get moving. But it's not all about waiting for the paperwork to be sorted by the solicitors: the house buyer and seller can both do a lot in advance to speed up the...

Why Manchester Should be on Your Radar for Property Transactions

  • Posted

Following an analysis by the HomeOwners Alliance, it has been revealed that Manchester property sales are three times faster than London.   The free EstateAgent4ME tool tracks the speed of the property market, providing homeowners with a greater...

How to Make Home Buying and Selling Cheaper, Faster and Less Stressful

  • Posted

The Law Society has responded to the Government’s proposals on how to improve the home buying process. In its formal response, which is broadly supportive of the proposals, The Law Society has made various recommendations. While it agrees...

New Legislation Planned to Deal with Leasehold Properties

  • Posted

The government has announced a package of measures to crack down on unfair leasehold payments and high ground rents. Setting out the proposals in a written statement made on 21 December, Mr Sajid Javid, London's Lord Mayor, said that: "It is clear...

Christmas Dinner and a Spot of House Hunting after Pud?

  • Posted

A recent article in The Times* reported a record rise in "festive browsing" on house hunting sites such Rightmove, Zoopla and OntheMarket. If you're thinking of moving house, the Christmas period is an ideal time to start searching for your...

Scrapping of Stamp Duty Welcomed by First Time Buyers

  • Posted

Following today's Budget, Chancellor Philip Hammond has abolished stamp duty with immediate effect for all first time buyers, recognising that house prices are increasingly out of reach for many and in a bid to put an end to the UK housing crisis. Mr...

Government Acts to Improve Home Buying Process

  • Posted

The government has launched a consultation into making the home buying process cheaper, faster and less stressful for those involved. Government consultation During the consultation process, the government wants to hear from all those with an interest...

Government Consultation to Stop Leaseholds Being a Property Trap

  • Posted

There was a furore over the summer about developers making unfair charges on leasehold properties. The government is currently consulting on how to stop these practices. With the consultation due to end on 19 September, you only have days to give your views....

Further expansion of our property team

  • Posted

The property market in the North is, largely, holding its own and enjoying a brighter outlook than most other regions in the UK - despite the impending Brexit and economic uncertainty. This has been reflected in our results this year: Pearson's property...

Help us help you! Important things to tell your conveyancer

  • Posted

As conveyancers, we want to make your house-move hassle free and as smooth as possible. When you first instruct us, we will ask you all sorts of questions about the property. We’re not being nosey – we just need to understand every aspect of...

Another example of property fraud ... and some tips if you are thinking of equity release

  • Posted

A recent fraud case has highlighted how important it is to take legal advice before releasing equity from your property*. Edwin McLaren and his wife Lorraine were found guilty of property frauds that came to a total of £1.6 million. The police inquiry...

Shortlisted for Conveyancing in National Award

  • Posted

Local law firm Pearson Solicitors and Financial Advisers have been shortlisted for the "Best Small Conveyancing Firm" of the year in the LFS Conveyancing Awards announced this week. The conveyancing team, which deals with hundreds of property...

Zip wire success to raise funds for Oldham Mayor's fund

  • Posted

Those of you who follow us on Twitter or read this blog will know that five of the Pearson team (Ian Wolstenhulme, Rosie Aldcroft, Marie Pauley and Jade Hegarty), set out to raise £1,000 by doing the Snowdon Zip Wire at Zip World in Bethesda on 14...

Pearson's on-going support for Action Oldham

  • Posted

Our support for Action Oldham is on a bit of a roll at the moment. As I write, we are just a few pounds away from reaching our £1000 target in our #zipwire challenge. Karen Piontek, Ian Wolstenhulme, Jade Hegarty, Rosie Aldcroft and Marie Pauley are...

Solicitors and Staff Scale Snowdon for Charity

Ian Wolstenhulme
  • Posted
  • Author

Our support for Action Oldham is on a bit of a roll at the moment and about to hit its highest peak as we set off to Snowdon. Thanks to the generosity of clients and friends of the firm we have recently reached our £1000 target in our #zipwire...

Help for house hunters over the bank holiday

  • Posted

May day bank holiday is here again! Whatever the weather, the extra day's break from routine will encourage many people to get out there and do some serious house hunting. If you are new to the process of buying and selling a property, we have lots of...

Recent House Price Index report brings good news for homeowners

  • Posted

The Halifax recently released its House Price Index report for February 2017 and I’m pleased to say there’s good news for the housing market! Here are the highlights: 0.1% monthly increase in house prices Prices in the three months to...

What is an EPC? (a must read for landlords!)

  • Posted

And why landlords should check their properties’ energy ratings as soon as possible ... Stricter rules about Energy Performance Certificates (EPC) are coming into force in April 2018: landlords should prepare accordingly or risk being banned from...

Victoria's conveyancing blog: I'm on the move - to Ashton!

  • Posted

I’ve got exciting news… I’m moving to our newly refurbished, Ashton offices to develop Pearson Solicitors and Financial Advisor's conveyancing services. From 13 March, I’ll be based in Henry Square Chambers on Old Street....

Landowners must take responsibility for knotweed blight

Christopher Burke
  • Posted
  • Author

Japanese knotweed, or  Fallopia Japonica  to use its formal name, was originally brought to Wales from East Asia. Once highly regarded for its beauty, it has spread throughout the UK and is having a devastating effect on plant biodiversity and hard...

Our new conveyancing FAQs

  • Posted

Are you house hunting? Have you got some questions about the conveyancing process? I recently blogged about what it was really like to move house. Those that followed that blog may remember I included added some notes explaining key words in...

Buy to Let Properties, A Pension, Portfolio or Headache?

  • Posted

Your Invitation to our latest Seminar Property for Profit, a Pension or a Headache? Where: Denton Golf Club - Manchester Road, Denton, Manchester, M34 2GG When: March 15th - 10am -11.45am RSVP: events@pearsonlegal.co.uk If you have a Buy to Let house,...

Tackling the housing crisis: starter homes and garden villages

  • Posted

The government has launched new schemes aimed at tackling the current housing crisis. Read on for some highlights. Starter homes - good news for first-time buyers Earlier this month, the government announced funding for new housing on brownfield...

A word about online forums

  • Posted

Free guidance from online forums might not be the reliable legal advice you expected. It never ceases to amaze me that people place their trust in online forums when they need advice about a legal issue! I suppose I should have started this blog with a...

An increase in fraud in conveyancing transactions

  • Posted

An increasing number of home purchasers are being conned out of their money towards the end of the conveyancing transaction. Cyber criminals pose as solicitors or banks and email house purchasers requesting account details. The purchaser, believing the...

Conveyancer's blog - tips if you're thinking of buying or selling your home over Christmas

  • Posted

As Christmas edges nearer and the year draws to a close, we're all busy buying presents and sorting the house for Christmas. But, once the turkey is eaten and the family starts to relax, many people start to consider finding a new home. Maybe,...

Conveyancing Blog: some tips (and a little bit of help) for first-time buyers

  • Posted

I have much sympathy with first-time buyers: most will have spent years saving for a deposit and hours deliberating on whether to take this huge step into home ownership. I can well remember getting my first mortgage offer: I was excited about being able to...

Commercial property update: fracking, flooding and interest rates

  • Posted

There’s mixed news for the property market in our latest round-up of recent property news Interest rates proving to be good news for property purchasers despite the Brexit effect While the low value of the pound might encourage foreign investors to...

Christmas Cheer as Conveyancers boost Property and Charity

  • Posted

Forward thinking solicitors Pearson are having a ‘Black Friday’ deal to help Action Together and spread a little Christmas cheer. As a one off special to all conveyancing clients instructing the firm this Friday Pearson Solicitors will offer 25%...

Charity begins in Oldham thanks to kind hearted Solicitors

  • Posted

The first charity cheque was presented to Action Oldham Fund managed by Action Together this week as part of a charity initiative with Pearson Solicitors and Financial Advisers. The year-long charity event begins and ends in Oldham.  For every house or...

HS2 route announced

  • Posted

The proposed High Speed rail link (HS2) has hit the headlines again after the government announced its preferred route on 15 November and started consulting on some of its plans. Yesterday's announcement relates to Phase 2b which proceeds from Crewe to...

A conveyancer's blog - what it's really like to move house

  • Posted

Victoria Marshall is one of our conveyancing team. In Autumn 2016, she shared her own experiences of moving house. By blogging about some of the issues and niggles that arose after she made an offer on her new house, Victoria gave...

Local Housing Market buoyant after Brexit

  • Posted

A national estate agency has recently completed analysis of the UK housing market post Brexit and says the outlook is positive The analysis, which is based on a daily sample of over 500,000 actual properties for sale in the UK over the last 3 months, does...

Shortlisted for the "Best Small Conveyancing Firm" of the year

  • Posted

We can report good news for our conveyancing team this week:  they’ve been shortlisted for the " Best Small Conveyancing Firm " of the year in the LFS Conveyancing Awards . The team had to submit a lengthy...

Stabilised interest rates good news for the housing market

  • Posted

Effect of a Brexit on the housing market Following the vote to leave the EU, there has been a pervasive air of “doom and gloom” in the news and talk about the housing market slowing down. There is no doubt that economic uncertainty caused...

INSIGHT: A Brexit it is then! What now?

Christopher Burke
  • Posted
  • Author

So there it is! The UK have voted to leave the EU. It’s the end of era – or will be once the government negotiates how the Brexit will actually work. We’ve set out below a few key points for businesses and some basic guidance on what to do...

DIY Landlords Need to Be Careful

  • Posted

If you are a landlord and manage all aspects of your tenancies you must be careful not to fall foul of the law, after legislation changes in the Private Rented Sector, warns an Oldham Solicitor. Investing in a Buy to Let was seen as the pension pot of the...

Beware bogus emails claiming to be from your solicitor

  • Posted

About to complete on a house purchase? Beware bogus emails claiming to be from your solicitor. There has been another incident of a house buyer being tricked out of her purchase money by a fraudster pretending to be her conveyancer. In a case we heard...

Solicitors Welcome Government Plans to Speed Up Conveyancing

  • Posted

The Government says it is looking to modernise the home-buying process to improve and speed up the whole process. These include a pre-contract financial commitment ‘which would be forfeit should the seller, without warning, raise the price or pull out...

Charity Begins At Home Thanks To Kind Hearted Solicitors

  • Posted

A charity initiative which begins and ends in Oldham with cash from conveyancing being donated to charity has been launched this summer, thanks to the property team at Pearson Solicitors and Financial Advisers. For every house or commercial premises bought...

INSIGHT: Making sure everything's "quite right" on a property transaction

  • Posted

As lawyers and conveyancers, we must ensure that all our “ducks are in a row” before we complete property transactions for our clients.  We aim to ensure buyers know what they’re buying and the seller gets their purchase money. We also...

INSIGHT: New head for our property team

Michael Pitt
  • Posted
  • Author

We are delighted to announce that Karen Piontek has agreed to head up our team of commercial property and residential lawyers. Based at our Hollinwood office, Karen is known for her pragmatism and excellent communication skills and has built up a...

Insurance cover relief for owners of flood risk properties

  • Posted

Flood Re – a new flood insurance scheme for private homeowners A new government scheme has been set up to provide affordable flood insurance to private homeowners with homes built before January 2009. The scheme, called Flood Re, launched this...

What is a House?

  • Posted

Another case on the definition of what constitutes a house for the purposes of the 'right to buy' legislation has been heard, providing further clarification on this contentious point. The premises in question were a small high street shop with...

Ignoring Legal Advice Proves Costly

  • Posted

When a woman ignored legal advice and lent more than £600 ,000 to her uncle without taking proper steps to protect herself, the outcome was always likely to be regrettable . While the transaction seemed straightforward – the advancing of a...

INSIGHT: The imminent stamp duty changes are causing concern

  • Posted

We have highlighted the Chancellor’s imminent changes to stamp duty a few times in the last few months (see the links below). To recap, an extra 3% of stamp duty land tax (SDLT) will be payable on investment properties and second homes over...

Help To Buy ISA Gets Thumbs Up From Pearson Property Lawyers

  • Posted

First time buyers are being encouraged to take up the Government’s Help to Buy ISA and Pearson’s property expert, Sarah Major, says she welcomes the move to encourage people onto the property market. “ January was a busy month for us with...

Investing in buy to let or a second home? Remember there are stamp duty changes ahead

  • Posted

Back in Autumn 2015, the Chancellor, George Osborne announced significant changes to Stamp Duty Land Tax (SDLT) that will come into force on 1 April 2016. The announcement that there would be no SDLT on the first £125,000 of a house’s value was...

We Will Check Out Flood Reports Before You Buy A House

  • Posted

As homeowners in the North West continue to mop up after the recent floods and keep a keener eye on weather forecasts we must also turn our attention to how it affects the long term property market. For those at risk recent weather events emphasise the...

INSIGHT: More Houses Less Landlords Who Knows What The Future Will Bring

  • Posted

New Recruits at Pearson Solicitors to tackle Housing Market Buoyancy At Start of 2016 The first week of 2016 has been a busy one for estate agents and for our conveyancing team at Pearson Solicitors as we look forward to another buoyant year amid changes...

INSIGHT: Christmas, Twixtmas and New Year House Moves

  • Posted

Moving house in the New Year might be your 2016 resolution, but Christmas, Twixtmas and New Year are popular times to search for new houses.  Last year there were 500,000 visits to online estate agents Rightmove on Christmas Day and 1.3 million on...

Landlords: new hoops to jump through if you want to seek possession from assured shorthold tenants

  • Posted

New regulations have been introduced that require English landlords to provide certain documents and information to those tenants granted assured shorthold tenancies (AST) after 1 October 2015. Failure to do so could mean that the landlord will not be able...

INSIGHT: Pearson Solicitors and Financial Advisers in Bake Off for Macmillan

  • Posted

Kind hearted solicitors from Pearsons had a bake off and coffee with clients on Friday across all their three offices in Oldham, Hollinwood and Ashton, and raised £500 for the nationwide Macmillan Coffee morning. Sarah Major, conveyancing...

INSIGHT: Saddleworth Makes It To Top Spot In Homes Survey

  • Posted

The North West is the top spot for families in a recent North v South survey, with one area on our doorsteps, Delph, Saddleworth, making it to the top five places in the UK to have a family. The Family Friendliness Index, by Property Detetective.Com, looked...

North West is Buy-To-Let Hotspot

  • Posted

Property investors are looking North according to HSBC and Manchester is top of the list when it comes to buy-to-let investments. Pearson’s advise many buy-to-let landlords as they build up property portfolios.  Commenting on the latest survey,...

North West is buy-to-let hotspot

  • Posted

Property investors are looking North according to HSBC and Manchester is top of the list when it comes to buy-to-let investments. Pearson’s advise many buy-to-let landlords as they build up property portfolios.  Commenting on the latest survey,...

Moving House Does Not Have to Stress You Out

  • Posted

Moving house comes at the top of the most stressful things to do in life, according to a recent poll, ahead of divorce and starting a new job. Based on adults who have moved within the past three years, the E.ON research found that almost 61% of those...

INSIGHT: The Bitter Truth About Low Cost Conveyancing

  • Posted

“The bitterness of poor quality remains long after the sweetness of low price is forgotten” is a mantra adopted by many businesses - often after they face the consequences of having made a poor purchasing decision themselves. When it comes...

INSIGHT: Pearson's Property Pitfalls - Free Seminar

  • Posted

Join us at a FREE Property Seminar Thursday March 26th – 8.15am at The Village, Ashton Pearson Solicitors and Financial Advisers would like to invite you to a FREE Property Pitfalls forum.  The aim of the event is to promote understanding...

INSIGHT: What is More Important In Conveyancing: Speed or Service?

  • Posted

A recent survey identifying ‘waiting’ as the most stressful element of buying a home may not offer us any surprises but it does raise a number of questions. The survey was conducted by Veyo, the joint venture conveyancing portal being launched...

Autumn Statement is good news for home buyers, says Pearsons conveyancing expert Victoria Marshall

  • Posted

In today’s Autumn statement Chancellor George Osborne announced a significant change to Stamp Duty Land Tax (SDLT), making massive savings for 98 per cent of homebuyers. “This is good news for not just for First Time Buyers but also expanding...