Category: Purchase
Where in England is the safest and most economical place to live?
A study carried out by private sale portal OkayLah has named the best and worst district councils in England, ranked by a combination of low crime rates and affordability. The number of crimes per 100 residents in each English council region was assessed along with average house prices to give a combined score. Best places...
The HomeBuyer Report explained
When you buy a property it is always a good idea to arrange for a HomeBuyer Report to be prepared by a member of the Royal Institute of Chartered Surveyors (RICS). The HomeBuyer Report is more detailed than a mortgage valuation, which is only concerned with assuring your lender that the property is sufficient security...
Will letting agents be able to side-step new lettings fees ban?
As government gives the go-ahead for the new Tenants Fees Bill, industry body accuses some lettings agents of planning to avoid the fees ban. New legislation designed to ban the charging of administration fees to tenants is set to come into force on 1 June 2019. This is designed to remove the many charges that...
Why spring is the best time to sell your house and how to get that quick offer
Research has shown that the period from mid-February to the end of June is the best time to put your house on the market. With the festive season over and the slowdown of summer still months away, spring is the time many people think about moving house. Data collated by RightMove found that properties that...
Property market has peaked as prices start to slide downwards
Data analysis by property management business Apropos has found that average house prices in the UK, England and Scotland peaked in the second half of 2018. Wales is now the only UK country with an increasing average house price. In August 2018, average property prices in the UK, England and Scotland peaked at £232,194, £152,411...
Buying A Second Home: How Much Stamp Duty Will You Pay?
When you buy a residential property, you are usually liable to pay Stamp Duty Land Tax (SDLT) on any amount of the purchase price over £125,000 (at rates that increase in bands proportionally to the purchase price, rising from 2% of the portion from £125,001 to £250,000, to 12% on any amount above £1.5 million)....
Owning A Listed Property: Things To Consider
For many people, owning a listed property is a long-standing dream: the idea of living in a home with such a long heritage – that has been certified by the state as representing a part of British history which needs to be preserved for future generations – is an incredibly romantic one, and those lucky...
What are digital mortgages?
Earlier this year, the first digitally signed mortgage was lodged with UK Land Registry. But what will this mean for the future of property transactions? Today, very few aspects of our lives don’t involve technology. And, for our finances, this is especially true. But despite the prevalence of tech, the world of mortgage lending has...
Selling a home? Make sure you have kerb appeal
If you watch property programmes, you will have heard of kerb appeal – the first impression that a home makes from the outside. But does it really matter? And if so, how can you get it? Today, many people make up their minds about buying a property before they’ve even walked through the front door....
