The continued fall in property prices over the past couple of years has left many people feeling like now may be the ideal time to buy a new property. Whether you are a first-time buyer or an existing homeowner, the reduced prices, coupled with the money being invested by developers into producing the best quality properties, means that more and more people are opting to buy new.
Four Reasons to Move into a New Home
August 31st, 2011 HIP-Consultant.co.uk Posted in Property Developers, Property Market 4 Comments »
Estate Agents and the Conveyancing Process
August 30th, 2011 HIP-Consultant.co.uk Posted in Estate Agents, Property Conveyancing 5 Comments »
Estate agents have a notoriously bad reputation and unfortunately, it is sometimes with good reason! Nonetheless, like most professions, the majority are decent and honest. Finding a good estate agent can be a real asset when it comes to selling your property, not just in terms of finding a buyer but in helping to ensure that the matter proceeds to completion.
How to Master the Art of Property Negotiation
August 25th, 2011 HIP-Consultant.co.uk Posted in Estate Agents, Property Market Comments Off on How to Master the Art of Property Negotiation
Now is a great time to buy, with the majority of surveyors reporting a drop in house prices. If you are looking to take advantage of this market then you must first master the art of property negotiation.
Landlords Seek Greater Power Regarding Eviction
August 17th, 2011 HIP-Consultant.co.uk Posted in Insurance, Landlords, Property Market Comments Off on Landlords Seek Greater Power Regarding Eviction
There has been a lot of hubbub in the news lately surrounding the argument about whether social landlords are going to be given the power to evict troublesome tenants that caused mayhem during the riots last week. Ministers have revealed that they would back the decision for councils to evict tenants that were involved in causing wanton destruction on our streets. The general consensus of the public also seems to be that social landlords should be given powers to boot out unwanted, violent tenants.
Commonhold Property Ownership Explained
August 11th, 2011 HIP-Consultant.co.uk Posted in Land Registry, Property Conveyancing, Property Market 1 Comment »
Commonhold is a new type of property ownership. It was created by the Commonhold and Leasehold Reform Act 2002 (CLRA 2002) as a possible alternative to leasehold title. The CLRA 2002, together with the Commonhold Regulations 2004, came into force on 27 September 2004.
Property Ladders can be tricky to scale
July 15th, 2011 HIP-Consultant.co.uk Posted in Insurance, Landlords, Property Market 2 Comments »
With the recession still in full swing many people are struggling to get onto the property ladder. People across the UK have found that they simply cannot afford to invest in the property market at the moment, yet, of course, they still need somewhere to live. So what is the answer? Simple, more and more people are choosing to rent properties instead of buying.
Guide to Equity Release Schemes
July 7th, 2011 HIP-Consultant.co.uk Posted in Financial Products, Property Market Comments Off on Guide to Equity Release Schemes
Equity release schemes are a way for home owners to raise capital against the security of their homes without having to make any capital or interest repayments during their lifetime. Initially these schemes may seem too good to be true however as with any type of mortgage there are pros and cons.
Homeowners paying £765 million too much in legal fees
May 31st, 2011 HIP-Consultant.co.uk Posted in Property Conveyancing, Property Market 1 Comment »
The typical move for a homeowner will involve legal costs for both the sale of their old house and the purchase of their new one. And if they use a traditional high street conveyancing solicitor then, on average, they’ll pay almost twice what it would cost them if they went online.
Costs to Factor in When You Buy a Home
May 27th, 2011 HIP-Consultant.co.uk Posted in Property Market, Top Tips 2 Comments »
There are many factors to consider when you wish to buy a home, some of which include survey fees, arrangement fees, stamp duty and lender valuations; and these are before you have picked up the keys. Once in, further costs can include reconnecting the electrics, gas and water.There are many costs to factor in.
Dealing With Rent and Service Charge Payments
May 25th, 2011 HIP-Consultant.co.uk Posted in Property Conveyancing, Property Market 3 Comments »
Where a property is leasehold there will usually be a ground rent payable and if it is a flat, a service charge. They will usually be demanded annually or perhaps bi-annually or quarterly. When the property is sold the seller is responsible for amounts due up to and including the date of complete and the seller is responsible thereafter.
Leasehold Property Basics – what you must know
May 17th, 2011 HIP-Consultant.co.uk Posted in Land Registry, Property Market, Top Tips 3 Comments »
All land in England and Wales has a freehold title (including land that is not yet registered with the Land Registry). All land belongs to the Crown but the owner of the freehold has an exclusive right, in perpetuity, to use and occupy the land or receive rents from it and so for all practical purposes the owner of the freehold title is the absolute owner of the land.