Tag: homebuyer
Buying a repossessed property from a lender or receiver
As figures reveal a rise in repossessions in 2024, we look at the option of buying a repossessed property from a lender or a receiver. It is often the case that a repossessed property is cheaper than buying from owners. Lenders will be keen to realise their asset, pay off the mortgage and return the...
Understanding public rights of way over private land
If you have a public right of way over your land or you are considering buying a property with a public right of way crossing it, you need to be aware of the obligations that accompany it. You may also have questions about moving the path. We take a look at the legal situation. Public...
Two-thirds of homebuyers avoid areas of high air pollution
A new study has found that 63% of those buying a home actively chose to avoid areas with high levels of air pollution. With increasing concern over the hazards of air pollution, buyers are looking for healthier homes. Long-term exposure to air pollution can reduce life expectancy as a result of cardiovascular diseases, respiratory diseases...
What to check during a second property viewing
Your first viewing of a property will give you a general impression of the condition of the home, its location and the layout and size of the rooms and garden. At a second viewing, it is time to take an in-depth look to make sure there are no nasty surprises later on. After your first...
Home buying: what to look for at a second property viewing
A first viewing is when you gain a general impression of whether a property is somewhere you can see yourself living. It is when people fall in love with a home. But at the second viewing you should take a more practical approach and conduct a thorough examination to see exactly what you will be...
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...
Research reveals which street names are most popular with buyers
New research into street names has found which type of road name is most popular with buyers and which streets are the priciest. Lucky homeowners living in a street ending with ‘Hill’ or ‘Garden’ have the highest average home prices, according to a study by estate agent comparison site, GetAgent.co.uk. The research looked at trends...
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...
Buying a Welsh home following surprise Land Transaction Tax increase
As well as the Welsh Government’s surprise raising of the rate of transaction tax on the purchase of second homes, the Land Transaction Tax (LTT) holiday in respect of main residences is due to end on 31 March 2021. For those thinking about buying a property in Wales, tax is likely to be a hot...
