Shared Ownership

What is Shared Ownership? Shared Ownership is a scheme introduced by the Government which allows buyers to purchase a share in a home they would otherwise be unable to afford. The arrangement is designed to assist those on lower incomes to become home owners. The share in a property which buyers can purchase ranges from […]

Stamp duty abolished for first time buyers – what it means to you.

ORJ’s new build specialist Sukhvinder Sandhu explains what the Chancellors latest announcement means in reality. The Chancellor Phillip Hammond has delivered the 2017 Budget in which he said: “The dream of home ownership should be a reality for all generations” and in line with this has abolished stamp duty for first-time buyers for house purchases […]

ORJ acts on behalf of major bank panels

At ORJ, we have one of the largest conveyancing departments in the Midlands, completing about £200m of house purchases and sales each year and we are listed on all major bank panels in the country. Many clients who use a solicitor do not realise, if they are having a mortgage, that their lender needs a […]

ORJ join Barratt Homes panel

ORJ’s home buying team goes from strength to strength with its appointment to the Barratt Homes panel. New home buyers can now benefit from exclusive discounts negotiated by nationwide house builder Barratt Homes. This means if you are buying a new Barratt home you can benefit from ORJ’s expertise at an attractive discounted price. Plus, […]

What is conveyancing? Why do I need it?

Moving home? Buying or selling an investment property? We know there’s a lot of financial aspects to consider. The questions we’re asked most weeks are ‘what is conveyancing?’ and ‘why do I need it?’ Conveyancing is the legal process of transferring a property or piece of land from the seller to the buyer. Louise Palmer, head of […]

ORJ Joins Tesco Bank Panel

As ORJ joins the Tesco bank conveyancing panel Louise Palmer explains the benefits to clients, builders, brokers, agents and IFA’s of using or recommending a firm that is on every bank panel. ORJ has one of the largest conveyancing departments in the region. We complete about £200m of house purchases and sales each year and […]

New rules under the Mortgage Credit Directive 2016

New rules under the Mortgage Credit Directive (MCD) apply with effect from 21st March 2016. The rules introduce the requirement to give customers a minimum 7 day period of reflection once a binding mortgage offer is issued. This reflection period allows each customer to decide whether they wish to accept the terms of their mortgage […]

A guide to environmental searches when buying a property

The environmental search is a search carried out with an environmental agency (not the Environmental Agency) that gives details of the past uses of the land and the land in the vicinity of the property and whether such past uses are likely to have caused any potential contamination of the land on which the property […]

Changes to Stamp Duty Land Tax 2016

If you are considering purchasing an additional property which is not going to be your main residence, it is important that you are aware of the new Stamp Duty Land Tax (SDLT) rates which will come into force from 1st April 2016. The Government confirmed the changes to stamp duty land tax 2016 at the […]

A guide to The Party Wall Act

Do you own a building? Yes Do you know what the Party Wall Act is? No If you or your neighbours plan to undertake future building works (including repairs), please proceed with extreme caution! Have you ever woken from a nightmare to the realisation that it wasn’t just a dream? Our client owns a building, […]

The rules on house buying with gifted deposits

Many property purchasers, particularly for first time buyers  are increasingly relying  on a gift of cash, for all or part of the deposit, from family to help them get onto the property ladder. If you are house buying with gifted deposits, you need to alert your solicitor as early as possible as legal checks have to be […]