According to the latest figures, since April, we have witnessed a record low number of individuals looking to purchase a new home – the lowest recorded in the last 8 years. The news was confirmed by surveyors who work in all parts of the United Kingdom. RICS (Royal Institution of Chartered Surveyors) has revealed that the number of surveyors who said that they have witnessed a reduction in enquiries was 22% higher than those who reported increased enquiries. In addition, surveyors have pointed out that they don’t expect any change during the summer period because of the upcoming EU Referendum…Read more..
Even though this topic has been discussed for many years, it seems that the government has finally decided to take some real steps to stop this practice. According to the latest news, offshore companies that want to buy properties in the UK will have to provide information about their true owners. This plan was created by ministers who want to end money laundering and tax evasion which is often associated with this practice. Some statistics show that there are foreign companies that own British properties worth billions and no one actually knows who is really behind these companies. The plan…Read more..
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..