Tag: estate agent
New standards expected in the Autumn for estate agency listings
Improvements continue to be made to estate agency listings, aimed at giving house buyers more information upfront. National Trading Standards Estate and Letting Agency Team (NTSELAT) have set out more details of what information must be included by estate agents, as of Autumn 2023, when drawing up property listings. What do estate agents currently need...
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...
Buying a Welsh home following surprise Land Transaction Tax increase
As well as the Welsh Government’s surprise raising of the rate of transaction tax on the purchase of second homes, the Land Transaction Tax (LTT) holiday in respect of main residences is due to end on 31 March 2021. For those thinking about buying a property in Wales, tax is likely to be a hot...
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...
What Do The Stamp Duty Changes Mean For You?
The announcement of a temporary stamp duty holiday on the first £500,000 of all property in England and Northern Ireland has been done in an attempt to boost the economy, but what will this mean for many people either considering buying or in the process of buying. Stamp Duty in England and Northern Ireland is...