Category: Purchase
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...
How to increase the value of your property with home improvement
Research from NAEA Propertymark has found that that UK homeowners have spent a total of £48 billion on home improvements over the last five years. With ever-increasing house prices and high moving costs, many British property owners are choosing to spend their money on their existing property, rather than sell up and move on. Estate...
Brexit ‘Leave’ constituencies see best levels of house price growth
As Brexit turmoil continues, research by OkayLah.co.uk has found stronger house prices in areas that voted to leave the EU. In the nearly three years since the EU referendum, house prices have slowed as the market stagnates in response to continued uncertainty. Post-referendum price growth Property sale portal Okaylah have identified weaker price growth in...
Can I buy the freehold for my flat?
Flat owners often don’t own the freehold to the building they live in – it is held by the landlord. But legislation exists giving leaseholders the right to buy. When you own a flat where the leasehold is owned by an individual landlord or a company not related to the flat owners, you are liable...
Comparing conveyancing fees
Since December 2018, registered conveyancing lawyers are required to publish their fees so that the public can compare prices when choosing a solicitor. The Solicitors Regulation Authority carried out research which found that only 27 percent of people shop around for legal services, partly because in the past, fees haven’t been published so it has...
How property owners can improve their EPC rating
A good EPC rating is a great selling point for your home and an essential if you’re a landlord. The EPC, or Energy Performance Certificate, rating is a measurement of how energy efficient a home is. Since 1st April 2018 it has been unlawful to let a property with an energy rating below E, on...
Making the most of your social media accounts.
Making the most of your social media accounts. You’ve set up your social media accounts but can’t think what to post or share. This is a common occurrence for many firms. You certainly don’t want to be solely pushing your services, as people will soon switch off.Try to mix-up your social media activity so you...
The effect of Japanese knotweed on property
The invasive plant Japanese knotweed can cause serious problems for those wishing to sell their home. Japanese knotweed is an invasive plant species which is exceptionally hardy, spreads quickly and can cause property damage. It spreads via a large underground network of roots, going as deep as ten feet. It can push through concrete and...
