Category: Purchase
Property market has peaked as prices start to slide downwards
Data analysis by property management business Apropos has found that average house prices in the UK, England and Scotland peaked in the second half of 2018. Wales is now the only UK country with an increasing average house price. In August 2018, average property prices in the UK, England and Scotland peaked at £232,194, £152,411...
Buying A Second Home: How Much Stamp Duty Will You Pay?
When you buy a residential property, you are usually liable to pay Stamp Duty Land Tax (SDLT) on any amount of the purchase price over £125,000 (at rates that increase in bands proportionally to the purchase price, rising from 2% of the portion from £125,001 to £250,000, to 12% on any amount above £1.5 million)....
Owning A Listed Property: Things To Consider
For many people, owning a listed property is a long-standing dream: the idea of living in a home with such a long heritage – that has been certified by the state as representing a part of British history which needs to be preserved for future generations – is an incredibly romantic one, and those lucky...
What are digital mortgages?
Earlier this year, the first digitally signed mortgage was lodged with UK Land Registry. But what will this mean for the future of property transactions? Today, very few aspects of our lives don’t involve technology. And, for our finances, this is especially true. But despite the prevalence of tech, the world of mortgage lending has...
Selling a home? Make sure you have kerb appeal
If you watch property programmes, you will have heard of kerb appeal – the first impression that a home makes from the outside. But does it really matter? And if so, how can you get it? Today, many people make up their minds about buying a property before they’ve even walked through the front door....
Buying a home? Use this handy checklist.
If you are buying a property, use our handy checklist to avoid potential problems and make the process as smooth as possible. Understand the conveyancing process Typically, it can take months rather than weeks to get the keys and move in. Once you know what to expect, there is less chance that you will panic...
Buy to let: what do you need to know?
Purchasing a buy-to-let property can be a financially rewarding investment. But, all too often buyers delve in without understanding what is involved. So, if you are considering becoming a landlord, what do you need to know? Costs As well as the purchase cost, and any associated interest rates, taxes, and legal fees, you will also...
Conveyancing case could see enhanced buyer protection against fraud
The outcome of a recent case could be good news for home buyers worried about the threat and impact of property fraud. The rising problem of property fraud Property fraud is on the rise. In fact, according to HM Land Registry figures, property hijackings (where criminals pose as owners) are escalating, with the value of...
Tips to make your home more attractive to buyers
First impressions count and it only takes minutes for prospective buyers to make up their minds about your home. So, if you want to sell quickly and get the best possible price, it pays to put a little effort in before you put it on the market. Here are our top tips to ensure your...
