Tag: property law
Best places to live in the UK for pet owners
For home buyers looking to buy somewhere that is ideal for their pet, house buying company WeBuyAnyHome has ranked 130 UK towns and cities in order of dog-friendliness. As a nation of dog lovers, finding somewhere suitable for a pet is often important. WeBuyAnyHome looked at factors such as the size of the average garden...
Over half of Britons are living in a home they no longer want to be in
A new study by online property portal Zoopla has found that more than half of homeowners feel they are stuck in a property that no longer meets their needs. The research also found that despite feeling that their home is no longer suitable, they stay there on average for four and a half years after...
Can I pull out of a house sale or purchase if I want to?
If you decide partway through the conveyancing process that you no longer want to proceed, you may be able to pull out without sanctions. Pulling out of a sale or purchase before contracts are exchanged is possible, although you are likely to be liable for some of the costs that you have incurred, such as...
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...
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...
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...
Increase the value of your home by £50,000 in less than 48 hours
Research carried out by Rated People has found a number of quick fixes for home sellers that could result in substantially higher offers. With the Stamp Duty holiday extended until the end of this month, buyers may have a little more money to spend on a property. To maximise the purchase price, Rated People’s Home Improvement...
Stamp Duty surcharge introduced for overseas property buyers
On 1 April 2021, the government introduced a new Stamp Duty Land Tax surcharge of 2 per cent for buyers of homes in England and Northern Ireland who are from outside the UK. This means that overseas buyers will be required to pay an additional 2 per cent on top of the standard level of...
Buying an historic home or castle
A substantial historic home or even a castle might not be as expensive to buy as you imagine. But before you picture yourself as lord of the manor, there are several factors you need to take into account. Buying a unique period property can sometimes cost comparatively less than a smaller home, however ownership of...