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.
The Stamp Duty Holiday, Villain or Saviour?
The Stamp Duty Holiday, Villain or Saviour? The stamp duty holiday extension debate will resume in Parliament on the 1st of Feb but has it been all good? Regardless of whether it ends on March the 31st or at a later date there will always be some kind of fall out. The
A to Z guide of property terms
An A to Z guide of property terms for those in need of a refresh or first-time-buyers looking to get on the property ladder. One of the most expensive things most people will ever do is buy a property. As a property buying agent, I spend my days wrestling the market
A to Z guide to Mortgage Terms
Mortgage terminology broken down into bite sized pieces. If you are just about to step on the property ladder, looking to increase a portfolio or just want a quick reminder, please click on the link below for a PDF guide to Mortgage Terms. A to Z mortgage terms
Freehold v Share of Freehold V Leasehold
Property tenures explained Ever wondered what the difference is between leasehold, freehold and share of freehold? You aren't alone. Click on the link below for a PDF breakdown of everything you need to know! Since creating this changes are afoot for leaseholders, please read my breakdown on new leasehold legislation here. Freeholdvleaseholdvshareoffreehold