Downsizing is appealing for all sorts of reasons. It’s an option often chosen by those who are later in life and are perhaps wanting to enjoy some of their equity while living in a home that suits their own needs rather than that of a family. Alternatively, maybe circumstances have changed within your family, and […]
For most people, buying a property is one of the most significant financial decisions they will ever make. From deciding where to live, to committing to that big mortgage, there are lots of reasons why it can be a tough, difficult choice. However, some people manage to buy properties without taking out a mortgage, and […]
When a family member, a next of kin or a loved one dies, it is of course a very difficult time. Adjusting to life without someone is hard enough – but then going through their estate and working out what needs to be done in terms of properties and estates can be even harder. In […]
Selling your home can be difficult and stressful at the best of times, particularly if circumstances force you to gain a quick house sale due to mortgage arrears or the risk of repossession. So it can be even more frustrating when other things go wrong or make selling even harder, and unfortunately, there are many […]
There’s always the urge to pop open the bubbly once you’ve received an offer on your property. You should, of course, hold off on doing this. Why? Well, quite frankly it’s not a done deal until you’ve both signed on the dotted line and the money has been exchanged. Up until that point, there’s still […]
Most properties experience problems at some point, and as a homeowner, it is a good idea to have a contingency in place in the event of any property problems as it is likely that you will have to cover costs of repairs or general maintenance during your time as the homeowner. However some problems can […]
There are many mixed opinions on when is the best time to sell a property, however, there are many different factors that can determine the best time to sell your home, as opposed to simply the time of year. Most people believe that springtime and early summer is the best time to put your home […]
Capital gains tax is something which is liable for anyone who owns more than one property which is not their principal place of residence. Every year a tax-free capital gains tax allowance is set for everyone who is liable to pay capital gains tax on their property. In 2012/13 this was set at £10,600 meaning […]
If you are looking to sell your property quickly, you may be considering making some improvements in order to add a little value or make it easier to sell. There are many ways to achieve both, without needing to spend excessive amounts of money, but you need to be selective over what you choose to […]
When buying or selling a property, one of the biggest expenses can be Stamp Duty which can end up costing thousands of pounds on top of the selling price so it is really important to bear this in mind when budgeting. The buyer is usually the person responsible for paying Stamp Duty, on properties over […]
