Category: Purchase
How to effectively search an online property portal to find your perfect home
It is easy to get lost wandering round numerous property websites without accomplishing anything. We look at the most efficient way to approach an online property search. Websites offering properties for sale can seem overwhelming, with literally thousands of homes vying for your attention. But used strategically, property portals can help narrow your search and...
Best home improvements to add value to your property
As the housing market has slowed in the current political and economic situation, more home owners are choosing to carry out improvements rather than move house. Insurer Hiscox says that those choosing to work on their current home rather than move has increased by 12 percent over the last five years and stands at around...
Why house sales fall through
Research by home buying company Quick Move Now has found that almost half of all house sales fell through in the last quarter of 2018. A total of 49.8 percent of sales didn’t complete, with the overall annual rate standing at 30.6 percent. Most common reasons for a sale falling through Buyer changed their mind...
New data reveals where in the UK the millennial generation are choosing to live
18-34 year olds typically choose to live in areas that are thriving. New research from property buyer Good Move using Office of National Statistics data has revealed which towns and cities are topping the current trend. Coming in at number 1 is Coventry, where 32 percent of the city’s residents are millenials aged 18-34. The...
Leasehold explained
Property in the UK is either freehold or leasehold. If you buy a flat or a maisonette, you should buy a leasehold title. This means you will own the right to live at the property for the term of the lease, which could be anything up to 999 years. Often new flats are given a...
How to increase the value of your property with home improvement
Research from NAEA Propertymark has found that that UK homeowners have spent a total of £48 billion on home improvements over the last five years. With ever-increasing house prices and high moving costs, many British property owners are choosing to spend their money on their existing property, rather than sell up and move on. Estate...
Brexit ‘Leave’ constituencies see best levels of house price growth
As Brexit turmoil continues, research by OkayLah.co.uk has found stronger house prices in areas that voted to leave the EU. In the nearly three years since the EU referendum, house prices have slowed as the market stagnates in response to continued uncertainty. Post-referendum price growth Property sale portal Okaylah have identified weaker price growth in...
Can I buy the freehold for my flat?
Flat owners often don’t own the freehold to the building they live in – it is held by the landlord. But legislation exists giving leaseholders the right to buy. When you own a flat where the leasehold is owned by an individual landlord or a company not related to the flat owners, you are liable...
Comparing conveyancing fees
Since December 2018, registered conveyancing lawyers are required to publish their fees so that the public can compare prices when choosing a solicitor. The Solicitors Regulation Authority carried out research which found that only 27 percent of people shop around for legal services, partly because in the past, fees haven’t been published so it has...
