This is a question we often get asked and whilst it is possible and does sometimes happen, it can be very stressful for the parties involved. The reality of any move is that you need to plan for it and exchanging and completing on the same day makes it very difficult to arrange things such as removals and the forwarding of post. If the worse happens and things go wrong, you’re left with no time to put things right. You need to be in a situation where your house is all fully packed up, your ready to go, and your…Read more..
House prices in the UK are rising and, as well all know, the main obstacle for many people who want to become homeowners is to save enough money for a deposit. This is a very serious problem for young couples, but it seems that those who are single and interested in living alone are in an even more difficult situation. According to a report by Savills, only 5% of council districts in England and Wales contain single home buyers (with a salary that is average in the area) who are able to buy a decent (moderately priced) property. Of course,…Read more..
Impending changes to the help to buy scheme which are due to be implemented from April 2016 should give a significant boost to the housing market according to property experts. Help to buy schemes enable you to buy a share of your home (usually between 25% and 75% of the house value) and then pay rent on the remaining share. This means you can buy a new-build or an existing property on a leasehold basis through a housing association resale programme. To do this you can either fund the purchase through your savings or take out a mortgage to cover…Read more..
The prices of UK houses have stabilized in September and the number of sales has increased. However, experts believe that the increased demand for houses and the lack of available homes will lead to an increase in house values over the next few months. According to a recent report by the Royal Institution of Chartered Surveyors, only a small percentage of property valuers have found higher prices in September even though the overall number of sales has increased. As a matter of fact the number of sales has reached the highest level in the past 16 months. The report also…Read more..