2020

Stamp Duty holiday ends 31st March 2021, will it affect the UK housing market?

So, the Stamp Duty holiday ends 31st March 2021, will it affect the UK housing market in particular the purchase and sale of affordable homes? There is the worry that because the government is not extending this stamp duty holiday, house sales might fall through if they are not done in time. The first lockdown affected the housing market massively due to a number of reasons. These included, viewings not...

House seller has changed their mind after accepting my offer, what next?

So, the house seller has changed their mind after accepting my offer, what next?Finding an affordable home can be a lengthy and stressful process and finally finding the right one and it falling through can be heart-breaking. However, at least if you then know what you are looking for in a house and which areas you prefer, you already have a good idea of what to look for in the next...

Price comparison websites, any good?

You should always do your own research as well as using comparison sites as not every provider is using them. This should be the same for every type of service that you buy, whether that be insurance, gas and electricity etc. You should also ensure that you read the policy details correctly regardless if you go 3rd party or direct. Why isn't using comparison sites enough? Not all companies use them: This...

Is the new Help to Buy scheme for older properties too?

The Help to Buy Scheme closed at the end of October 2022.For affordable home ownership schemes please take a look at our shared ownership houses section.So, is the new help to buy scheme for older properties too? No, you are not able to buy second hand homes with the new help to buy equity scheme. We have outlined what it is and want you to know what this means and why older properties are not...

Offer accepted on your house, what next?

Offer accepted on your house, so what happens next? If you are moving yourself you need to find a new place to live and have an offer accepted yourself. When you've had an offer accepted on your house get conveyancing solicitors quotes Typically you compare conveyancing solicitors quotes and appoint a firm once you have had an offer accepted on your house. It is worth noting that some of these conveyancing...

A bigger deposit is needed to buy a house, how can you save?

So, a bigger deposit is needed to buy a house, how can you save? ‘Property reporter’ has reported that new research shows the amount needed for a deposit will greatly increase by 2045. Barrett and Forrester predict that house prices may rise by 51% with deposits also rising at this same rate. If this is the case, then the average house deposit would be paying a huge £36,235 for a 10% deposit. That is...

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