What is a remortgage? A remortgage is a new mortgage on a property a person already owns. Homeowners take this option for differing reasons, but predominantly it is either to replace an existing mortgage or borrow money against the property, be it for home improvements, consolidating debt, or another investment. According to some experts, around a third of all home loans made in the UK are actually remortgages. Is it as confusing as some make out? Not at all. And neither need it be a complex process. If you use an experienced firm of solicitors and conveyancers, they will both…Read more..
Minefield or more benign? Planning can seem a minefield, not just for large scale developers, but those seeking to build or expand on a more limited scale. We can pick up a local newspaper any day of the week and see talk of ‘The Local Plan’. It’s not too difficult to see it as overwhelming. Actually, a Local Plan is someway removed from that image. It is simply a framework within which planning in a region can be measured and regulated. It is no more concerned with stymying development than it is with encouraging it. What is a Local Plan?…Read more..
It is estimated that we need hundreds of thousands of new homes in the UK. That is a lot of building, and some of it, inevitably, will take place in areas not free of risk. And one of the biggest of those risks is flooding. Five million at risk According to the Environment Agency, more than five million people in England and Wales live and work in properties at risk of flooding from rivers or the sea. Throw in a worrying number of new developments being built on flood plains, and a climate that appears to be becoming more unpredictable,…Read more..
They say there’s not enough new homes being built in the UK, but that doesn’t stop plenty of new estates popping up in communities across the land. For some this offers a temptation - to be the brand new occupiers of a brand new house would be quite something. It’s the ultimate new start. But wait a moment, if you were purchasing anything brand new, you’d step back and weigh up the pros and cons, and a new build home is no different. New build it might be, but there are plenty of horror stories out there to remind us…Read more..