If you are a tenant of social housing you may have the ‘Right to Buy’ your property from the council. Below I will discuss what you should consider if you are eligible for this scheme. Firstly, you are purchasing…
Selling Your House Too Quickly
We all want a quick sale on our house when we put in on the market. The process dragging on means we have to put our lives on hold, not to mention the stress of cleaning and tidying every time…
New Build Leasehold Houses To Be Banned?
As of writing it has emerged that the government plans to ban the sale of leasehold new build houses. Under the proposals flats could still be sold under a leasehold arrangement however the ground rents charged would be limited to…
Attractive New Builds
New builds are an attractive proposition for many. Like with any purchase of a property they have a number of positives and negatives. Firstly you will be the first person living in the property. The property has a certain…
Misleading Numbers
Mortgage illustrations can be very confusing. There is an ever-growing amount of information which the FCA require to be shown on these documents. One peice of information is about how much money you will repay in total if you…
Help your credit score
Whether you are a first time buyer, remortgaging or purchasing your next property, your credit history will be checked. I will go over a few little things you can do to boost your credit score. Start by checking your…
Guess Who Mortgages
When I was younger I loved playing the board game Guess Who. In case you have never played it, it is the game where you ask questions and use the process of elimination in order to whittle down your options. …
Renting or Owning?
There is a common expression that is often bound around, “renting is dead money” but is that really the case when you think about? Let’s consider some of the ‘ups’ of renting prior to purchasing. I am not going…
The Case for a Private Survey
Every mortgage lender will want a minimum standard of a basic mortgage valuation report. This will check that the price you are paying for the property is reasonable and will hopefully point out obvious defects. Most of the time, you…
Help to Buy or Lifetime ISA?
From April 6th 2017 a new ISA will be made available called the Lifetime ISA (LISA). This is the government’s answer to two separate issues; the struggle first time buyers experience to save the deposit necessary to buy their first…