Those of us living in towns and villages outside the big cities often take our gardens and private outside spaces for granted. These areas have become much more important during the coronavirus lockdown, and it is no surprise that gardens and private patios or balconies have become essential requirements for many people looking to move…
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Property and Conveyancing
The government gave the green light to freeing up the housing market from Covid-19 restrictions on May 13th. Since then we have seen conflicting reports of surging interest, as the pent-up demand built up over the previous two months was released, offset against claims of falling prices as buyers try to take advantage of job…
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Conflicting messages on the current state of the residential property market have emerged in the last few days. On May 27th Rightmove, Britain’s biggest internet-based residential property agency, reported more than 6 million visits to its website. This was an 18% increase on the same day last year and the highest daily figure since the…
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Restrictions on moving home have been relaxed by the government, but buyers and sellers should remain alert to the dangers they face when in close contact with other people. Ensure you are Covid-19 free and check others involved in viewings are too. Limit any contacts with people outside your household, whether you are buying or…
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The Government has announced a limited lifting of coronavirus restrictions in the last few days in order to get people back to work and kick-start the economy. This has now been extended with the sudden news that the housing market is to be re-opened with immediate effect. This means that estate agents can open their…
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It is hard to put a positive slant on the residential property market during the coronavirus lockdown. Sales had been strong in the first three months of the year, after the uncertainties around Brexit and December’s general election had been resolved. Now the current advice from the government regarding moving house is effectively to avoid…
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Definition: Gazumped – agreeing a house purchase, then finding the property is sold to someone who offers to pay more for it. Here’s some top tips on how to avoid it happening to you. 1. Get a mortgage offer in principle The best position to be in when buying property is to be a cash…
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This is a dilemma that many people face when it comes to residential property. Is it better to rent a property and so avoid the cost and hassle of maintenance, as well as retaining the flexibility of being able to move quickly? Or should you buy your home at the earliest opportunity and start to…
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Much publicity has surrounded Help to Buy, the government equity loan scheme aimed at helping first time buyers to get on the property ladder. Help to Buy offers homebuyers a five-year interest-free loan of up to 20% of the purchase price of a new-build property, with home owners contributing a deposit of 5% of the…
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News reports tell us that these are uncertain times in the housing market, with property prices levelling off, or even falling, in some areas, while other parts of the country see continued growth. Calls to reform the conveyancing system to make the process smoother and cheaper, stricter regulation of estate agents, and demands for changes…
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