Category: Purchase
PHIL SPENCER ANNOUNCES TOP CONVEYANCERS IN THE UK
PRESS RELEASE 21st October 2019 LPL win 3 awards at The ESTAS; the most prestigious awards in the UK property industry sponsored by SearchFlow The Manchester based conveyancing firm received Gold in the Best in County (Greater Manchester) Best in Region (North West South) and George Bokuchava picked up a Peoples Award at the...
Rents expected to rise as letting fees ban comes into effect
A government ban on letting fees has taken effect, with agencies no longer permitted to charge for setting up a tenancy, giving viewings, checking credit, drafting inventories, obtaining references and carrying out other administrative tasks. Citizens Advice estimated that private renters have been paying £13m per month in agency fees, while landlord and tenant website...
Leasehold homes scandal to be investigated by the Competition and Markets Authority
As a report reveals the extent of consumer misery from escalating ground rent costs, the Competition and Markets Authority (CMA) has announced a formal investigation into the leasehold market. A recent report from estate agency organisation Propertymark has found widespread difficulty among leasehold property owners. In a survey of over 1,000 leaseholders, 36 percent said...
Is it cheaper to rent or buy?
With steep house prices and numerous associated buying costs, is there any merit in renting a property instead? Landlord and tenant website Bunk has assessed the expense of buying and renting a home over a 10-year period in the UK to compare the costs across different towns and cities. Rental costs Average monthly rent in...
How to effectively search an online property portal to find your perfect home
It is easy to get lost wandering round numerous property websites without accomplishing anything. We look at the most efficient way to approach an online property search. Websites offering properties for sale can seem overwhelming, with literally thousands of homes vying for your attention. But used strategically, property portals can help narrow your search and...
Best home improvements to add value to your property
As the housing market has slowed in the current political and economic situation, more home owners are choosing to carry out improvements rather than move house. Insurer Hiscox says that those choosing to work on their current home rather than move has increased by 12 percent over the last five years and stands at around...
Why house sales fall through
Research by home buying company Quick Move Now has found that almost half of all house sales fell through in the last quarter of 2018. A total of 49.8 percent of sales didn’t complete, with the overall annual rate standing at 30.6 percent. Most common reasons for a sale falling through Buyer changed their mind...
New data reveals where in the UK the millennial generation are choosing to live
18-34 year olds typically choose to live in areas that are thriving. New research from property buyer Good Move using Office of National Statistics data has revealed which towns and cities are topping the current trend. Coming in at number 1 is Coventry, where 32 percent of the city’s residents are millenials aged 18-34. The...
Leasehold explained
Property in the UK is either freehold or leasehold. If you buy a flat or a maisonette, you should buy a leasehold title. This means you will own the right to live at the property for the term of the lease, which could be anything up to 999 years. Often new flats are given a...
