Last updated 26 March 2020 Hughes Solicitors is fully operational, with our lawyers working from home. Property partner Rod Hughes gives advice on how the UK lockdown will affect you if you are currently in the process of buying or selling your house with Hughes...
Property law
Changes to tax rules on property sales after 6 April 2020
From 6 April 2020, if you live in the UK and sell a residential property in the UK you will need to report the sale to HMRC within 30 days of completion and pay any capital gains tax owed. Capital gains tax (CGT) is a tax on any profit when you sell or dispose of...
How long will my house sale or purchase take?
How long will my house sale or purchase take? The time frame for an offer being accepted until you can move home will depend on a number of factors. The average process takes between 2-4 months, but it can be quicker or slower, depending on the parties in the chain....