Corporate & Commercial

Ferbrache & Farrell LLP’s corporate department offers full service corporate, banking and commercial cover and is able to advise on all aspects of Guernsey corporate and commercial law, including banking and finance, regulatory, investment funds, asset management and listings on The International Stock Exchange (TISE).

Latest Insight
21 February 2024
Insight
Many leases and tenancies contain provisions that restrict activity at, or use of, the property. Typically, use clauses may restrict what is permitted, such as…
Dispute Resolution

The dispute resolution department at Ferbrache & Farrell LLP has vast experience of local and international litigation and dispute resolution generally, gained from acting in complex local and international high-value disputes, both in Guernsey and throughout the world.

Latest Insight
21 February 2024
Insight
Many leases and tenancies contain provisions that restrict activity at, or use of, the property. Typically, use clauses may restrict what is permitted, such as…
Property

The Guernsey property department is dedicated to providing tailored solutions that meet and exceed clients’ expectations. In addition, the property department provides support to colleagues in the corporate and dispute resolution departments on real estate-related technical points of law.

Latest Insight
21 February 2024
Insight
Many leases and tenancies contain provisions that restrict activity at, or use of, the property. Typically, use clauses may restrict what is permitted, such as…
UK Real Estate

We are delighted to help in relation to providing legal advice for real estate in England and Wales. We listen. We learn what your needs are. We proactively respond. Whether it’s personal or commercial property, we always provide sound and pragmatic advice, adding value to the transaction.

Latest Insight
21 February 2024
Insight
Many leases and tenancies contain provisions that restrict activity at, or use of, the property. Typically, use clauses may restrict what is permitted, such as…
Private Client

Our services for private client matters include the drafting of realty and personalty wills, obtaining Grants of Probate, acting as professional executors and assisting foreign lawyers who have requirements in this jurisdiction.

Latest Insight
21 February 2024
Insight
Many leases and tenancies contain provisions that restrict activity at, or use of, the property. Typically, use clauses may restrict what is permitted, such as…

Today has been a busy day for property related news.  Not only do we have new information about house prices, but we also have positive indications about inflation.  The latter will come as a relief to many of us, as we have learned that the inflation rate is the lowest it has been for the last two years.

House Prices

HM Land Registry has today published the UK House Price Index for October 2023.

The October data shows on average, UK house prices have fallen 0.7% since September 2023. There has been an annual price fall of 1.2% which makes the average property in the UK valued at £288,000.

In England, the October data shows, on average, house prices have fallen by 0.8% since September 2023. The annual price fall of 1.4% takes the average property value in England to £306,000.

London saw the lowest annual price growth, with a fall of 3.6%.

For more details please click here

Inflation

The Office for National Statistics has confirmed today that inflation for the year to date has fallen to 3.9%, due in part to the reduction in average fuel prices, a commodity which so many of us rely on heavily.

Although the Bank of England target inflation rate is 2%, there are still many reasons to take encouragement from the news, and as a cause for some celebration.  From our property perspective, it is hoped that lenders will now have more confidence to offer lower mortgage rates since one of the metrics which determines mortgage pricing (swap rates) is also falling.  That is certainly a reason to be positive about the new year ahead, and we will be providing regular updates accordingly.

If you need any further information or legal advice, including conveyancing of a property in England, please contact our designated UKRE team Anna Douglass, Alastair Hargreaves, Caren Vidamour, Naledi Odiseng and Fiona Jeffries who will be delighted to assist.