Buy-to-let has been a hot topic recently with the concern that UK landlords (both individual and commercial like First Urban ) will face tougher lending conditions on top of tax relief changes that are scheduled to come into force next year. So just how tough is it going to get? Below are some of the key challenges landlords will face: Higher stamp duty According to This is Money, as of April 1...
Whether you’re already a landlord or you’re looking to take the plunge and invest in buy to let property for the first time, you’ll no doubt want to keep track of the latest developments in the industry. With this in mind, you may be interested in a new eBook that’s been launched by rental sector experts HomeLet. The company, which specialises in tenant referencing,...
The arguments from the ‘Leave’ and ‘Remain’ camps have been flying backwards and forwards for weeks, with only a few days left until the all-important vote. But, crucially, how would Brexit affect the housing market? The Chancellor, George Osborne, has said that a UK vote to leave the European Union would cause an "immediate economic shock" that could stunt any growth in house...
The conveyancing process when buying a home is about the legal transfer of ownership from the selling party to the buyer. The process begins when an offer is accepted for a property and is concluded when the buyer receives the keys. While it is technically possible for anyone to carry out conveyancing work, anyone who has received a mortgage to buy a home will usually find that the terms and conditions...
In the housing market of today, selling a home can be a lot more difficult than you may think. With many potential buyers looking for increasing home features and others finding it difficult to sell their own homes before they commit to buying a new property, it’s not uncommon for a house sale to take months or even years to complete. If you are trying to sell your home and need to get a quick sale...
Slow broadband speeds in rural areas could put off homeowners in London looking to swap life in the city for a more peaceful rural existence An increasing number of London homeowners are taking the advice of BBC2 show Escape To The Country on board and swapping life in the city for a more peaceful rural existence. Wimbledon estate agent Robert Holmes & Co reports that it has seen an increase in the...
New research reveals less than 5% of tenants who hope to get on the housing ladder will be able to take ownership of a discount starter home Housing reforms put forward by Prime Minister David Cameron’s government will do little to further the home ownership dreams of many first-time buyers, says rent guarantee specialist Assetgrove. The Housing and Planning Bill The Housing and Planning Bill,...
Summer has finally arrived and we couldn’t be more ready to roll out the barbeques and line up a few long lazy days at the seaside soaking up the sunshine. But this season doesn’t have to be all about getting outdoors, as we can bring the spirit of summer inside as we take refuge from the rays…or even those pesky British summer showers. If you’re looking for some great DIY...
Finding the perfect property is about discovering that sublime mix of affordability, needs met, and location. That makes it sound pretty simple. I’ll leave you to figure out the second and third points in that short list. What I want to discuss is the first one: affordability. The price you are able to pay (or shall I say, the price that you should pay) is not determined by the list price of your...
In today’s housing market, getting buyers interested in your home can be a mammoth task in and of itself, never mind getting a quick sale. But, sometimes a quick sale is necessary – perhaps you have already found your dream home that you need to sell your current one in order to buy, or maybe you’ve made plans to relocate to another country and have the dates all set. No matter what your...
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