by Richard Lumborg | Oct 12, 2018 | Residential Property
FAQs for a first-time property buyer in Jersey First-time Jersey property buyer – looking to buy your first property? Not sure if you’re eligible for first-time buyer status? Need advice on share transfer, flying freehold or freehold purchase? Parslows residential...
by Richard Lumborg | Jan 23, 2018 | Residential Property
Jersey residential property jargon Jersey residential property jargon used by practitioners can be confusing. Here is a translation of some of the terms: Property – this can refer to both “immovable” and “movable” property. Immovables – immovable property is land and...
by Richard Lumborg | Jan 18, 2018 | Residential Property
First-time buyer guide to the different types of property ownerships In Jersey, apartments can be acquired in one of three ways; Flying Freehold, Share Transfer and, less commonly, Leasehold. So, for first-time buyers, what are the differences in these types of Jersey...
by Richard Lumborg | Jan 17, 2018 | Residential Property, Wills & Estate Planning
Residential property lawyers in Jersey explain why you need a Will when buying a home A house or flat is often the most expensive purchase anyone will make and most of us will want to ensure that our nearest and dearest will benefit when the inevitable happens....
by Richard Lumborg | Mar 20, 2017 | Residential Property
What is a share transfer charge against shares? If your new home is being purchased by way of share transfer and you are borrowing from a bank, then the Bank will take a charge against shares to secure its loan by way of a security interest agreement. They will take...
by Richard Lumborg | Mar 10, 2017 | Residential Property
What is a flying freehold charge over Jersey property? When you borrow money from a Bank, or other lender, they will invariably take a flying freehold charge over your property to protect their ‘investment’. If the property is a Jersey flying freehold, then the Bank...
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