Mortgage stress tests are an important thing to consider when you’re thinking of borrowing money to buy a home. Factors such as economic conditions, your age, loan-to-value ratios, and income type all influence your borrowing options – making expert advice more valuable than ever.
Levels of Stamp Duty for property purchases are going to rise steeply from April 1st – and it’s no laughing matter. If you want to avoid being caught out, you can read more about it here.
Property chains can be a nightmare, as you depend on the decisions of so many strangers before you can move into your home. Is it possible to subvert the chain by waiting in between moves? We have a look at the options.
Resource list: our buying and selling property articles, with information on conveyancing service, freehold vs leasehold, the responsibilities of owning property, local conveyancing solicitor branches, property auctions and so much more. It is kept updated, so you can keep an eye on the subject.
Moving house is the most expensive thing that most of us ever do, and with all those costs flying around it’s important to try to keep up with the numbers. We take a deep dive into the true costs of buying your home.
There are many things neighbours can do that make you think of them as ‘problem neighbours’; we look at when you may have a valid misrepresentation claim against your property seller.
House buyers’ complaints about misrepresentation and being lied to – how not to fall victim to the same traps that could end up costing you a fortune. And you should dig deeper than the property information form TA6.
Delayed completion: what are your options when someone in your chain of property transactions is late? With a group of strangers all working toward completing on the same date, it’s a wonder it ever works out on time.
Conveyancing is one of the things you have to do to buy property in England and Wales – but what is it? Can you do it yourself? Read our guide to learn more
The new cabinet has reduced the rate of Stamp Duty Land Tax (SDLT) payable in England and Northern Ireland. This reduces homebuyers’ stamp duty liability – we explain the situation
In 2014 the Bank of England made it obligatory for mortgage borrowers to undergo a ‘Mortgage Stress Test’ in an effort to ensure they could afford their loan. This obligation has been removed.
Too many commentators are full of doom and gloom about the property market with the Covid-19 virus lockdown, thinking this situation will never end. Many people will be wondering why they should make the biggest investment in their life at a time of great economic uncertainty. As the government has requested that the housing market […]