Tag: conveyancing services
1.4 million fixed-term mortgages set to expire in 2023
With 1.4 million fixed-term mortgages set to expire in 2023, we take a look at what this means for borrowers. For 1.4 million home owners whose fixed-term mortgage is due to expire in 2023, their mortgage payments are likely to rise substantially. The Office for National Statistics (ONS) says that 57% of the UK’s fixed...
How to keep your home free from damp and mould
Damp and mould can be damaging to property and in extreme cases, mould can cause health concerns. We take a look at how to reduce the risk of both damp and mould, which will help you keep your property in good condition. As well as allowing mould to grow, damp can also cause wallpaper to...
Extending a residential lease
As a leaseholder of a flat, you have the right to extend your lease if you have lived there for two years or more. Even if you have not lived there for this length of time, the freeholder may still be prepared to agree to a lease extension, although you will not be able to...
Buying a property with friends
With property prices remaining high, you might be considering buying a home or investment property with one or more friends. We take a look at the implications of doing this and the precautions you need to take. For many young people, saving for a deposit for their first home is a challenge. Without the help...
First time buyer questions answered
If you are planning on buying your first home, you probably have many questions. The process can be confusing and it is important to fully understand what you are taking on when you make such a major investment. We answer some of the most commonly asked questions of first-time buyers. How do I know which...
Joint buyer sole proprietor mortgages
With increasing financial input from parents and other family members to help young people onto the property ladder, joint buyer sole proprietor mortgages are a popular option. We take a look at how they work and what they entail. For many young people, buying their first home would be difficult without financial support from parents...
Options for silver movers
For those who are at the stage in their lives where they no longer need a large home, there are a range of options available. Moving to a smaller property can offer substantial benefits and the chance to live in a vibrant community with help available for the future. Many older couples end up living...
Exchange of contracts checklist
Once contracts are exchanged in your house purchase, you are legally bound to go ahead with your move. This is the point at which you will need to start seriously organising everything in readiness for completion day. Our checklist sets out some of the main issues to deal with. Insure your new property You should...
What you need to know about changes to leasehold legislation
Long-awaited reforms to law surrounding leasehold property will start to take effect in 2022 as the government seeks to make matters fairer for leaseholders. Problems for those owning leasehold property have increased over recent years, with the some newbuild companies imposing unfair ground rents that regularly doubled over time, leaving some homeowners unable to sell....
