The UK construction industry is currently being affected by the soaring prices of timber, bricks, and steel. This is due chiefly to the combined impacts of Brexit and the coronavirus pandemic. Many of the building materials used here in the UK must be imported from various EU countries and recent lockdown restrictions have caused disruptions …

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The ban on repossessions and evictions has been lifted recently and nearly one million families in the UK are being threatened by homelessness. Authorities have already served about 400,000 households with eviction notices, while 450,000 others have rents that are in arrears. In the coming months, the UK court system could receive many more requests …

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  High street shopping was a profitable enterprise before the lockdown. People used to go out every weekend, and spend money in shops that would allow big businesses to thrive. However, that changed in a big way when the pandemic hit.   Suddenly, every high street and shop had restrictions. The number of people allowed …

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It’s not difficult to see that COVID-19 has impacted quite a lot of everyday life and the world as we are used to it. A lot of industries have seen financial impacts, and the property market is just one example of an industry which has been adversely affected by the coronavirus.   To really grasp …

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The political uncertainty of the country is affecting the sales prices for home owners. New data from GetAgent.co.uk shows that those selling up now are losing out on thousands in house prices. Another factor that is affecting home sellers are rising agent fees. The GetAgent data looks at a couple of factors. These are; the …

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House prices are one of the many things talked about which Brexit may affect. What is the current stance on renting properties? Zoopla’s recent survey found that today it is cheaper to rent than it has been in 10 years. This is due to an 80% increase in first time buyers, which has helped to …

Continue reading “Renting Is More Affordable Than The Last Decade.”

Buying a house and moving is one of the most stressful times in anyone’s life. This is the case for first time buyers, or those already on the property ladder. Now, thanks to stamp duty, it has become the most expensive it has ever been too. New Figures Show Rise in Moving Costs ReallyMoving has …

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  Money matters are one of the most stressful aspects of adult life. Ultimately, we have goals and aspirations in life to make as much money as possible to live a comfortable life. This includes buying a property, having holidays, supporting our families and putting money away for our future and creating a pension fund …

Continue reading “Tips For Your Future & Pension Fund”

  Section 24 is also known as ‘the tenant tax’. Announced in the Summer Budget 2015, Section 24 tax began rolling out in April 2017. The gov.uk website explains section 24; “The tax relief that landlords of residential properties get for finance costs will be restricted to the basic rate of Income Tax”. The new …

Continue reading “What Is Section 24 Tax? How Will It Affect Landlords?”

Life is uncertain and you may need money anytime. If you are into property development or investment business, this situation becomes very alarming.

Real estate business is no cake walk. You require a lot of patience and persistence to be successful. Most days, you may feel like hitting a dead end with no proper responses from all of the cold calls you made. Some days, you may be able to land a big client who brings in a major part of the revenue.

The specialist residential property lender has said it expects to see more brokers looking at this source of business.

The BPF told the Committee that the Government should abandon plans to extend capital gains tax and implement as early as possible proposed exemptions from the 15% stamp duty rate for genuine property businesses that were announced following the Autumn Statement last year.

The laws will be introduced to ban bailiffs from entering your property when only children are present, from entering into your home at night and will also prevent them from using force against people who owe money.

The new range also includes a new 5 year fixed rate (80% LTV) at 3.79% (previously 4.39%) and the 2 year fixed rate (70% LTV) at 2.39%.

According to the Tenant Deposit Scheme (TDS), the largest proportion of the disputed deposit was awarded to tenants (51.85 per cent) compared with 35.84 per cent to landlords and 12.31 per cent to agents.

According to a new report by homelessness charity Shelter, nearly 8 million people in the UK are struggling to keep up with mortgage and rental payments every month.

Research carried out by easyroommate.co.uk showed falling numbers of rooms available to rent and consistent demand from renters in the flatshare market has caused average rents to grow by an average of 0.35% a month since January 2012

A lack of first-time buyer loans is the root cause of the Scottish markets ills. Mortgage lenders have married high deposit requirements with strict credit scoring criteria, which are keeping would-be first-time buyers in rented accommodation.

The YouGov survey, commissioned by the HomeOwners Alliance, reveals for the first time the scale of the impact of the new rules on lending, which could see the end of most interest-only mortgages.

Many would no doubt chorus yes, they are And the terms private Rental Sector and Buy to Let market are often used interchangeably to describe the same important part of the UK’s housing stock.

The average monthly costs associated with buying a three bedroom house stood at £621 in December 2012; £120 (or 16%) lower than the typical monthly rent of £741 paid on the same property type.

Unsightly neighbouring homes reduce the value of a property by an average of 13 per cent (£21,000). Broken or boarded up windows named as the number one neighbouring property price killer

Gross mortgage borrowing of £7.7bn in January was above the recent monthly average. Historically, the difference between gross borrowing and capital repayment produced positive net borrowing data each month.

30% of UK tenants choose to rent rather than buy according to the latest data from leading online lettings agent, Upad.

Inspections are essential to check for both normal maintenance issues and to ensure that the tenant is treating the property as they should and no serious neglect is taking place.

There were 103,329 landlord claims in 2012 that led to an order for possession being made, which is the highest recorded rate over the last 5 years and represents a continuing upward trend. It is estimated that between 67 and 80 per cent of claims led to a possession order.

Unsightly neighbouring homes reduce the value of a property by an average of 13 per cent (£21,000). Broken or boarded up windows named as the number one neighbouring property price killer

Recent data from Home.co.uk found that the independent estate agents in the Move with Us Partner Network were not only gaining market share but also selling properties on average four days faster than their corporate counterparts and 23 days faster than the general market in the last six months of 2012.

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MPs have backed lenders concerns that the current government plans to pay housing benefits directly to the tenants could very well damage the ability of lenders to fund the social housing sector.

One of these was switching the mortgage to a part or full capital repayment basis after checking a customer’s affordability and gaining their consent.

The Chancellor has today set out the next stage in the government’s plan to return Lloyds Banking Group to private ownership by extending the Lloyds trading plan for a further six months.

Increasingly stringent credit conditions, the peak of the financial crisis and growing redundancies are believed to be some of the reasons why people have chosen to pay cash for property.

Moving to Dubai is appealing to most people as it is a completely different way of life to what most of us are used to. Moving out there to begin a new job or start a new venture is an exciting prospect and comes with all the suspected positives of moving to a new country.

Recent data from Home.co.uk found that the independent estate agents in the Move with Us Partner Network were not only gaining market share but also selling properties on average four days faster than their corporate counterparts and 23 days faster than the general market in the last six months of 2012.

One of the obvious ways to divide a room in half is to build a wall. If you do not own your home, you may think this option is not open to you. However, it’s always worth speaking to your landlord and asking if this is a possibility. If not, there are plenty of other ways you can create the same effect without structural change.

It isn’t every day that most of us consider the possibility of living in another country. In fact, it is true that a large quantity of us wouldn’t even have the guts to move so far. But what would be the benefits of moving to a hotter, much nicer country?

For new tenants from October 2015, the previous Section 21 Notice will no longer be valid and is replaced by Notice 6A. This new form brings some good news for Landlords as it is no longer necessary to consider the last day of a tenancy period so long as certain information on the form is included.

It is estimated that 42% of marriages in the UK end in divorce. It’s definitely not shameful or embarrassing to end up in that percentage, as it could be the best thing to ever happen to you.

Putting your house on the market is a lengthy and stressful process. As you may already know, the property market is highly competitive therefore you should be prepared for the possibility of not selling your property immediately.

Why is selling a house for cash such a popular thing in today’s world? Whilst more and more people sell their house quickly, we look into why it is such an attractive option.

Buy My Property is a skilled and professional investment company in the United Kingdom. We buy properties from those buyers who need to sell the property quickly. After purchasing the property we make sure that the process is completed within 4 “ 6 weeks.

Given this high number, thousands of people today are open to the idea of buying houses in cash something that wasn’t very popular few years back; and one could wonder why. Perhaps people have waked up to all the benefits that there is to buy properties in hard cash, or maybe its list of demerits has sh

Buy to let has been the best performing investments and many individuals are turning their hand to property as a major source of income. Market confidence is extremely high and the property market in the UK is looking bright, so for those considering property investment, now is the ideal time.

It is quite difficult to sell a derelict land or property which had once been developed but then remained abandoned for years and suffering many structure damaged in seclusion.

The property market in the UK is moving quite slowly. According to the research by the Office for National Statistics, it is found that the property market across the UK is rising at 6.9% in 2016, which is the lowest figure since the end of 2015.

The tax slab for landlords owning multiple dwelling residential properties is not changing in the near future but the single property landlords may now see a greater tax billing as they will be pushed into a higher tax bracket by the National Landlords Association (NLA). This ensues the initiation of new tax regulations for the buy to let market.

Homebuyers want to come up with the best deal and in an invariable manner often first think about purchasing a bank possessed a home or a foreclosure.

At the point when a man passes on, the Will figures out who will acquire benefits that they amassed amid their lifetime – short any exceptional obligations, charges, or home loans on the expired’s bequest. Relatives regularly acquire a property from a relative – frequently the family home, however once in a while, investment properties can likewise be acquired by individuals who want to be a landowner.

The Auction is one of the ways in which house or valuable things are bought in this modern world, where the highest bidder wins and takes the valuable. This auction has its own benefits as it will limit the conventional buying process. Anyone can go for auction with a motive of either buying or selling.