What to ask when buying a property
To avoid any anguish or disappointment, it's important to know what to ask when buying a property. Knowledge is power. The more you ask, the better prepared you will be should you offer. Sellers motivations and timeline Take a deep dive into the sellers rationale behind selling. You aren't being nosey, okay
What happens on completion?
The big day has finally arrived! But ever wondered what happens on completion? Ownership of the property is transferred from the seller to the buyer. In the morning, final funds are paid across via a CHAPS payment from the buyer's solicitor to the seller's solicitor. Once the seller's solicitor is in
What happens at exchange of contracts?
Once your offer is accepted and your solicitor has done his due diligence, many wonder what happens at exchange of contracts? Below I outline what you will need to do to get you across the line, at this crucial stage. First off, you will need to forward a deposit, typically 10%,
What happens once an offer is accepted on a property
Getting an offer agreed is the easy bit. Many don't realise, that it's only now the real work begins, as they discover what happens once an offer is accepted on a property. Home Buyers Protection Insurance or Home buyers insurance Before commencing any sales progression you have to decide if you wish
How to get on the property ladder
To discover how to get on the property ladder you first have to find out what you can afford. Mortgages There is no point viewing anything till you know what you realistically can afford. To work out how much you can borrow, a good rule of thumb is 4-5 times your salary.
Permitted development for homeowners in 2021
What is permitted development? Permitted development enables householders or developers to implement structural changes to a freehold property without the need for planning permission from the local planning authority. When can’t you use permitted development? In some boroughs local planning authorities have suspended permitted development rights, by implementing an Article 4 Direction, meaning
5 ways to speed up buying a home
For many looking to take advantage of the stamp duty holiday, desperate for change post lockdown, moving home has become an obsession. The issue is you aren't alone. Bidding wars are rife out of City centres and many are finding prices have gone up since last they looked. For those
5 ways to speed up a house sale when selling property
For those looking to sell, now couldn't be a better time. Prices out of town or homes with gardens have sky rocketed due to the demand brought about by the pandemic, need for change. For those looking to also capitalise on the stamp duty holiday, time will be of the
UK House Price Index explained
It can seem at times like every property professional is a wannabe Mystic Meg. Predicting price rises, surges in demand or impending doom. If you'd like to join their ranks or understand how some of the data is collected to enable this soothsaying ability, the above chart features the UK's
What are searches and why do you need them?
You found your dream home, got your mortgage approved even got your survey back but still no sign of those elusive searches! I mean