After months of deliberation you finally decide it is time to sell your house – then the panic sets in about where all the documents relating to your home have gone. Moving house, as it is well documented, can be a very stressful time and with some people moving after living in the same house for decades paperwork can be a real worry. The passage of time makes it tricky to recall exactly what paperwork is kept where. One particular document that gives home owners cause for concern is the deeds. With very good reason many sellers are plunged into…Read more..
When we think of remortgaging a home it is usually in the light of choosing to make major changes – but the best reason to remortgage could actually be to get a better rate. A mortgage is usually the biggest financial commitment most people ever take on, often stretching to 30 years. With the long payment plan comes lower interest rates than might be found on high street loans. As a result of the repayment framework being in place, many people choose to add the cost of substantial renovations to their home onto their mortgage. Extensions, conservatories, loft conversions –…Read more..
Gazumping – it sounds like something that should have gone out of fashion in the 1980s, sadly it remains a very real problem in the housing market. Buying and selling a home is stressful enough without the risk of outside interference, or more specifically, someone upsetting your plans by swooping in and taking your ideal home from under your nose. Gazumping is the term that is used when you have had an offer on a house agreed but, before you are able to exchange contracts, another buyer makes a higher offer that is accepted by the seller leaving you empty…Read more..
Planning applications for new housing estates are always a hot topic in local communities. This is usually due to the loss of an amenity, which is all too often a green field, but there is also the undercurrent of the effect this new development could have on house prices. The loss of a view to be replaced by a number of brick properties is one factor to consider but the addition of new homes does not necessarily mean a negative impact on house prices. Indeed in the case of land that has been left to resemble a derelict wasteland, nearby…Read more..