Tag: property purchase
10 top ways to improve your credit score before buying a property
If you are hoping to secure a mortgage to buy a property, it is crucial to check that your credit score is as healthy as possible. We look at how to improve your score, giving you access to the best possible mortgage deals. Securing a good interest rate for your mortgage can save you a...
Rental market red hot
As landlords sell up to take advantage of sky-high house prices or rent their properties on a short-term basis to those looking to holiday in the UK, a reduction in available rental homes has meant fierce competition among tenants. Potential tenants are finding themselves in bidding wars and are being gazumped at the last minute...
Eight steps to a successful mortgage application
Applying for a mortgage can be one of the most stressful parts of buying a home. We take a look at how to maximise the chances of your chosen lender saying yes. Obtaining a mortgage in principle before you make an offer on a property is a good way of showing the seller that you...
Budget tips for DIY property renovation
For those looking to renovate their home without spending a fortune, these budget tips will give your home a thrifty makeover. Lending experts Ocean Finance consulted with property and interiors experts for advice on budget DIY home renovations, reducing the average professional cost from £14,500 to £2,940. Kitchen – saving £7,000 Parminder Mew, Construction Director...
Tips for successful home buying in a seller’s market
The property market is exceptionally strong at present, with continuing price rises and reported tussles for properties in some locations. We take a look at how to give yourself the best chance of success as a buyer in a seller’s market. House prices have risen almost 9 per cent during the year ending April 2021,...
Can I buy my parents’ home below market value?
It is open to children aged 18 or over to buy their parents’ home for less than it is worth, however this can have serious financial implications. Selling a home to children is often desirable, helping the next generation onto the property ladder, passing on the home without incurring estate agency fees and keeping a...
Right To Buy Eligibility
Council and housing association property tenants, if eligible, can help secure their home for their family, as well as purchase a property at below the market value. Local Authority Tenants and some non-charitable Housing Association Tenants have, by law, they right to buy their property provided they meet the certain conditions of the Right To...
