Buying property is an expensive undertaking, and even more so since the Stamp Duty Land Tax (SDLT) surcharge was introduced in 2016. First announced in the Chancellor’s 2015 Autumn Statement, the extra 3% tax applies to anyone purchasing additional residential properties worth more than £40K such as a holiday home or a buy-to-let property in the UK. Mobile homes, houseboats and caravans are...
Buying Property
I've always dreamed of being able to build my own Texas lake house. This could be a place where my wife and I can spend the rest of life; something I can eventually pass down to my children, to be kept in the family for future generations. It gives you the ability to design and plan every aspect that goes into building your house. You'll also be able to make it entirely customizable, high ceilings, large...
It’s no secret that many homebuyers are looking for green homes or homes that are eco-friendly. This comes as more and more people are beginning to realize the importance of sustainability. As far as the planet’s survival goes, people are looking to do their part in terms of reducing their carbon footprint. Moreover, a green lifestyle is also a healthy one, as eco-friendly solutions allow you...
Congratulations! You are finally moving into the lavish house you craved for all these years. That is what brought you here. Where to start the search of your dream house is the first question. The cost of land is exceedingly subject to the area and neighborhood that the plot of land, house, or apartment suite is arranged in. Add the importance of an architect to that, who remains the sole design expert...
House rehab is a very lucrative part of the process. However, it has its ups and downs when it comes to the financial aspect of the job. Now people may have different approaches to these but I still hold that having a budget on this is the most important approach. Get to have a budget and I will show you how in this ten little steps. 1. Evaluate the property This is necessary so as to know what you are...
Congratulations, you're ready to buy a new home! You've decided that you're tired of your old property, or you finally want to break free from your parent's home. However, before you can start exploring new real estate options, it's crucial to make sure that you know what you're getting into. Buying a home is a huge and expensive commitment and not something that you should be taking lightly....
Are you going to be buying a home? This can often be one of the most exciting times of your life, but it can also be quite nerve wracking. After all, you are going to be making what is likely to be one of the largest purchases you will ever make. Therefore, you want to know that you are buying a home that is worth the money. You want to have a professional that can inspect the home, but rather than just...
Do you have some spare cash that you’re thinking of putting into a property investment? Whether it’s come from the sale of a previously owned house or a divorce that just got finalised, we all want to put our money to work. Ideal Ownership Period for a Buy to Let Property? The shortest buy to let investment is usually 3-5 years. There are certain costs involved with purchasing an investment...
Although there is a housing shortage throughout the entire UK, many potential homebuyers are afraid of getting in over their heads financially. Even with government incentives available, the average consumer isn’t aware of all the ways in which they can keep the cost of buying a home within their means. If you are one of those who would love to step up onto the property ladder, it’s time to...
Using a specialist mortgage broker can make a positive difference in the complex world of buy-to-let. Buy-to-let investment can offer attractive yields. But, the industry and process of securing a mortgage has become more complex than ever in its history. The number of mortgage products emerging to respond to the changes adds further intricacy. The number and type of buy-to-let mortgages...