At the start of each transaction, we ask clients to confirm details through a cyber-secure system and we also write to clients through the post with important information. We will NEVER contact you by telephone or email asking you to change our bank account details. ...
Latest News
Wallace Quinn sees latest trainee solicitor qualify and new trainee solicitor start
Wallace Quinn has always been keen to develop the next generation of solicitors through traineeships and ongoing career development; indeed, one of our Directors, James Reid, started as a trainee with the firm. The latest trainee to qualify while working with Wallace...
Job Vacancy – Commercial / Conveyancing Solicitor
Want to join our growing team in Livingston? We're looking for a solicitor and want to fill this position as soon as possible. Wallace Quinn are looking for a Commercial / Conveyancing Solicitor to join our busy team in our Livingston office. You’ll...
What is the Mortgage Guarantee Scheme?
High Street mortgage lenders have begun to offer mortgages to buyers who only have a 5% deposit, under a new government guarantee scheme. Many of these low deposit mortgages have disappeared in recent years. The policy, announced by the UK Government earlier this...
Changes to ‘Help To Buy (Scotland)’ funding from 5th February 2021
The Scottish Government unexpectedly made changes to ‘Help To Buy (Scotland)’ recently, cutting off access to the scheme for many new applicants from 5 February. While the news is undoubtably disappointing, some funding is still available and additional funds have...
January Lockdown – what does it mean for clients?
We're open for business - If you need help buying or selling property, preparing a Will or power of attorney, commercial work or general legal advice, get in touch. New Year, New Lockdown, New Rules The Scottish Government’s lockdown rules meant some frantic...
Quiz of 2020 answers
If you're at this page, you've probably done the quiz and are looking for the answers. If not, click here for the quiz questions. Answers (1 point for each correct answer) - JAN: Duke and Duchess of Sussex; Wuhan; Kobe Bryant; Imelda Staunton FEB: 10,000 episodes;...
Moving House still allowed Under Level Four Restrictions
The Scottish Government has announced that a number of Local Authority areas in Scotland will move into ‘Level Four’ Covid-19 restrictions from 6pm on Friday 20th November until at least Friday 11th December. The areas moving into Level Four are listed at the bottom...
First Home Fund finishing up early for 2020/21
The Scottish Government's administrators of the First Home Fund have announced the £200 million allocation for 2020/21 is almost spent, with final applications being accepted until 6pm on Friday 2nd October for property purchases due to complete before 31st March...
Blog – what do I need to do about the estate of a family member after a bereavement?
What do I need to do after someone has died? When a close family member dies, it can be an incredibly stressful time. There are some immediate needs to be taken care of – the funeral, for one. Then you have to inform people of the arrangements and deal with the...
Which is the right type of mortgage for me?
Which is the right type of mortgage for me? Whilst there are a wide variety of mortgages generally available, they tend to fall into three categories – Variable Rate, Interest Only and Fixed Rate. In this article, we’ll take a brief look at each type. (This is an...
Blog – Why NOW is the time to sell a property
If you’re thinking of selling your property, now is most definitely the time to be discussing this with our Estate Agency team. At Wallace Quinn we offer a full estate agency and conveyancing service, meaning we offer clients a one-stop shop for every step of the...
Podcast Five – What is conveyancing?
In our latest podcast, we go back to conveyancing basics with solicitors Mark McBride and John Quinn. We'll find out exactly what you are buying, from the bricks and mortar in the property to the airspace above. We'll find out why the Land Registry is so important...
Home buyers could save over £2000 in tax with temporary LBTT changes
The starting threshold for Land and Buildings Transaction Tax ( LBTT) on residential property sales in Scotland is rising from £145,000 to £250,000 from 15 July 2020 until 31 March 2021. This amounts to over £2000 in savings on a property bought for £250,000 and...
Further Guidance Issued on 29 June Property Market Restriction Easing
The Scottish Government announced last week that moving home would be permissible from 29th June 2020. It has now issued further guidance on what that means in practice for Scotland’s property market. The overarching guidance remains unchanged in that whenever...
Property Market Restart Begins To Gather Momentum
The Scottish Government’s review of the lockdown restrictions (Thu 18) has delivered some good news for property buyers: Construction will restart on new-build properties from Monday 22nd June. There will be a relaxation of the restrictions on moving house from Monday...
Capital Gains Tax Changes for 2020
Capital Gains Tax changes for 2020 came into effect on 6 April. This could have an impact on the amount owed to HMRC following the sale or gift of a property. Three principle changes to the legislation centre around CGT liability, lettings relief and principle...
PODCAST 4 – PROPERTY AUCTIONS AND TELEVISION SHOWS
TV Property Shows - what you need to know before going to a property auction. In this podcast, we find out why property shows on television are perhaps giving an unrealistic idea of what goes on in the conveyancing process and why buying a property at auction has some...