Tag: find a conveyancer
What to consider if you are buying a new build home
There are many benefits to buying a newly built home, however there are also some points that you should consider before going ahead. New build homes are a popular option, offering the chance to move somewhere completely fresh and in pristine condition. You won’t have any DIY to do and the property will be clean...
Tips on how to deal with gazumping when buying a property
With the market for buyers difficult due to a shortage of available properties and a large number of people wishing to move, tales of gazumping are rife. We take a look at how to minimise the risk of being gazumped and what to do if it happens to you. Gazumping happens when you have had...
Finding the perfect home in a house buying boom
The housing market is difficult for buyers at present, with limited properties available for sale and numerous buyers anxious to make a move. But this doesn’t mean that buyers should settle for a property that isn’t right for them. By asking the right questions and being patient you can ensure that you still end up...
House prices in UK rising at fastest rate for five years
With the chancellor’s extended Stamp Duty holiday continuing to buoy the property market, the country’s biggest mortgage lender has reported that house prices are rising at their fastest pace in five years. Halifax says that there was a 1.4 per cent increase in the cost of an average home in April 2021, meaning a new...
Landlords selling private rental properties
Recent figures have revealed an increase in landlords selling their properties in the private home rental sector. Online property company Zoopla’s House Price Index report shows that the number of homes for sale that were previously rented has steadily increased throughout the past year. The south east and London show the biggest increase, with 13...
Government help schemes for first time buyers
Two Government schemes were launched in April 2021 with the aim of helping first-time buyers onto the property ladder. First-time buyers with small deposits will be able to purchase a home under the Help to Buy: Equity Loan scheme, set to run from April 2021 until March 2023. The scheme, which replaces a previous similar...
Mortgage approvals are up and low deposit mortgages are back
Mortgage approvals hit a 13-year high in the last months of 2020, while the return of low deposit mortgages means that first-time buyers will have a better chance of stepping onto the property ladder. Despite economic turmoil, the house market has been buoyant as buyers look to take advantage of the Stamp Duty holiday, set...
What the Stamp Duty Land Tax Holiday extension means
What is the stamp duty holiday? Last year, the government temporarily increased the amount at which stamp duty is paid to £500,000, for property sales in England and Northern Ireland. The move was aimed at helping buyers who might have taken a financial hit because of Covid. It could save them as much as £15,000,...
What are people looking for in a home post Covid 19?
Following a year of lockdowns and working from home, people are looking at their properties in a different light. Living close to their place of work is less of a priority, with other desirable qualities shooting to the top of the list. The Office for National Statistics has found that before 2020 around 70 per...
