Tag: estate agent
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...
What could you do with Boris Johnson’s make over budget?
With an investigation into the source of £58,000 said to have been paid towards the refurbishment of the prime minister’s flat at 11 Downing Street, estate and lettings agency Ascend Properties took a look at what the average UK homeowner could do with this sum. After a year spent largely at home, most people have...
Online property portal says January 2021 busiest New Year ever
Online property portal Rightmove has announced that January 2021 was the busiest start to a new year they have ever seen. The organisation said that the number of potential buyers contacting estate agents about properties was up 11 per cent on the same period in 2020 and rental enquiries were up 22 per cent. Visits...
Understanding Land Transaction Tax (LTT) in Wales
If you’re buying a home in Wales, you won’t pay Stamp Duty Land Tax (SDLT) like in England or Northern Ireland. Instead, the transaction is subject to Land Transaction Tax (LTT), which applies to most residential property purchases. This includes first homes, second homes, and buy-to-let investments. How Land Transaction Tax Works LTT is a Welsh property tax applied on the...
Why You Should Use A Solicitor To Buy A Property
Although thousands of house sales and purchase happen every week, not many sellers or purchasers will know the intricacies of what their solicitor actually does during the conveyancing process. The main reason a solicitor is needed when you are purchasing a property is to ensure that all the legal requirements are met, however they are...
