Category: Purchase
1.4 million fixed-term mortgages set to expire in 2023
With 1.4 million fixed-term mortgages set to expire in 2023, we take a look at what this means for borrowers. For 1.4 million home owners whose fixed-term mortgage is due to expire in 2023, their mortgage payments are likely to rise substantially. The Office for National Statistics (ONS) says that 57% of the UK’s fixed...
LPL’s case management software Hoowla has successfully integrated Armalytix
LPL are committed to leading the conveyancing industry by utilising new technology, making buying or selling a home a fast and stress-free experience both for clients and conveyancing teams. LPL takes a fresh approach to conveyancing by delivering an unbeatable digital service. Louise Stephens-Pantoja, Head of Operations at LPL, said: “With a solid foundation of...
How an estate agent will value your property
If you are selling your home, the first step is usually to ask an estate agent to value the property. We explain what they look for and how they arrive at their valuation. The agent will take into account a number of points, from the area you live in to the likely work needed on...
How to keep your home free from damp and mould
Damp and mould can be damaging to property and in extreme cases, mould can cause health concerns. We take a look at how to reduce the risk of both damp and mould, which will help you keep your property in good condition. As well as allowing mould to grow, damp can also cause wallpaper to...
Spray foam insulation can make homes unmortgageable
Despite recommendations to insulate our homes, it is important to take into account potential problems. While foam insulation has been marketed as a means to save money, in fact foam insulation sprayed into a roof void can mean a property becomes unmortgageable and so loses substantial value. Spray foam has been around for over thirty...
Extending a residential lease
As a leaseholder of a flat, you have the right to extend your lease if you have lived there for two years or more. Even if you have not lived there for this length of time, the freeholder may still be prepared to agree to a lease extension, although you will not be able to...
7 points to take into consideration if you want to move to the coast
Coastal living is a dream for many property buyers. We take a look at what you need to take into consideration before making a move to live by the sea. Whether you choose to live in a popular tourist destination or quiet coastal region, there are several points to look at when buying a coastal...
Reasons why you may have red flags in your AML checks as a homebuyer
When you buy a property, your solicitor is required by law to carry out an anti-money laundering or AML check. They may ask a third party to do this on their behalf and report back to them. AML checks are intended to try and reduce money laundering that can come from illegal trade and could...
Buying a property with friends
With property prices remaining high, you might be considering buying a home or investment property with one or more friends. We take a look at the implications of doing this and the precautions you need to take. For many young people, saving for a deposit for their first home is a challenge. Without the help...
