Category: Transfer of Equity
Enforcing restrictive covenants in respect of a property
Many properties have restrictive covenants included in their title. These restrict what can be done at the property. If a restrictive covenant is breached, then it is open to the person with the benefit of the covenant to bring enforcement action. What is a restrictive covenant? A restrictive covenant is a clause included in a...
What are your rights when your new home isn’t up to scratch?
Problems often arise with newbuild properties and it is standard practice to compile a list of snagging items that need dealing with when you move into your new home. But what happens when the problems are more serious? It is expected that there will a number of small issues to be corrected when you move...
Lending by bank of mum and dad reaches a record £10 billion
Research by estate agent Savills has found that the bank of mum and dad will finance nearly half of all first-time buyer purchases this year. The study found that total contributions are likely to reach £9.8 billion, which is equal to an average of just over £58,000 each for an estimated 169,000 first-time purchases. This...
Eye tracking study reveals what people look for in your home
A new study from Confused.com has revealed what people look at when they visit a home. By using eye-tracking technology, the financial services comparison platform has discovered where people’s gaze is drawn to when they look at a property interior. The study was able to pinpoint where viewers were looking, how many times their gaze...
Service charges and dealing with your landlord
If you own a flat or apartment, you will be required to pay service charges to your landlord. We take a look at what can be included and what to do if you are not happy with the amount requested. Your lease will include a provision that you must reimburse your landlord for the costs...
Selling your home over the Christmas period
For many people, the idea of selling their home over the Christmas period sounds impractical, with festivities to arrange and family visits to organize. However, buyers are still looking over the Christmas and New Year period and you may find that with fewer other properties available, you have a higher level of interest. With people...
Buying a property at auction
Buying a property at auction can give you a wider choice of homes to choose from and the chance to pick up a bargain in a quick purchase that avoids months of conveyancing. You do need to be aware of certain issues before you take the plunge however. Because of the fast nature of the...
Is it a good idea to raffle your house?
Selling your home can be a long process, involving viewings, waiting for offers and then dealing with the conveyancing. For some people, raffling their house has offered a quick alternative. The idea is that tickets are sold for a modest sum, often between £5 and £25, with the raffle winner taking the property, while the...
The 10 most searched property trends
Financial services comparison website Confused.com has conducted research into the most popular interior design trends on social media platform TikTok. The study analysed hashtag data to see what people are searching for as inspiration for their own home aesthetic. In first place is Bauhaus, an art and design movement dating from 1919 to 1933 that...
