Share of Freehold Properties, Leasehold or Freehold?

February 15th, 2012 Posted in Land Registry, Property Conveyancing, Property Market, Top Tips | 5 Comments »

Generally when buying a property the sales particulars will tell you whether it is leasehold or freehold. If the property is a flat or maisonette however, you will sometimes see it described as “share of freehold”. This can be confusing to many buyers. Does it mean they will be getting a freehold flat with no lease? Does it mean you will be your own landlord? In fact it is just a term invented by estate agents to try and make a leasehold property seem more attractive.

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Property insurance – essential or an unnecessary expense

February 6th, 2012 Posted in Insurance, Property Market | 4 Comments »

The properties in which we live are generally our biggest purchases in life, they are the places we spend much of our time, the places we fill with valuable possessions and one of the things we would least like to live without. Taking these simple facts in to account, the questions we must ask are, do our homes need protecting? If so, what type of protection do they need?

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Selling Your Home Without an Estate Agent

January 23rd, 2012 Posted in Estate Agents, Property Market | 9 Comments »

Selling a property can be expensive. There’s removal costs, legal fees, utility bills to settle, but by quite a way the largest expenditure (after repaying your mortgage) will usually the estate agent’s fee. Estate agents charge a percentage of the eventual sale price, typically between 1% – 2%, plus VAT. This means that even on a relatively modest sale price of, say, £100,000 the estate agent’s fee will probably be somewhere between £1,200 – £2,400.

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Dickens Mania Brings Victoriana to Life

January 11th, 2012 Posted in Property Market | 2 Comments »

As London prepares to celebrate the 200th birthday of Charles Dickens, Victorian themes are dominating the cultural scene, (see from film and theatre to festivals, exhibitions, cultural tours and interactive shows.

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Tips on avoiding home repossession

January 4th, 2012 Posted in Financial Products, Property Market | 2 Comments »

Being at risk of having your property can be terrifying and can be very lonely. You are worried about what will happen if you lose your home and perhaps embarrassed about what people will think. The reality is you should not be embarrassed – tens of thousands of people are repossessed each year and as the recession bites harder they are on the increase.
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How will installing solar panels affect my home insurance?

December 20th, 2011 Posted in Energy Saving, Home Improvements, Insurance | 7 Comments »

You might think that installing something as large and life-changing as a solar panel on your home means big repercussions on your insurance premium, whether for the better or worse.

Well, there’s a balance at work: on the one hand, environmentally aware homeowners like yourself are usually less likely to claim and insurers can’t really penalise people for doing something that’s so eco-friendly and positive. On the other hand, the solar panels are both valuable in themselves and add value to your home, which means your payout might have to be larger if you were to claim.

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Guide to City-Based Student Accommodation

December 16th, 2011 Posted in Landlords, Property Market | 3 Comments »

Whether you’re an existing student or you’re looking forward to starting university next year, there’s always a lot to think about – modules to choose, loans to arrange, books to buy and people to meet! But you shouldn’t overlook your choice of city centre flats, or leave it until the last minute – places start filling up incredibly quickly, and if you don’t want to be left with a lack of options it’s always a good idea to plan ahead.

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Living With Parents Hits ‘Kiddults’ Where It Hurts

December 14th, 2011 Posted in Property Developers, Property Market | 1 Comment »

High house prices hit personal lives of Britain’s stay-at-home grown ups, reveals survey. Living with mum and dad is ruining the sex lives of Britain’s stay-at-home ‘kidults’ according to a survey commissioned by North West property development company, FreshStart Living.

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A Professional’s Guide to City Living

December 14th, 2011 Posted in Estate Agents, Property Market | 3 Comments »

If you’re a professional in a major city, the place you live has a major impact on your lifestyle. From access to transport facilities, amenities such as gyms and shops and even your job, most people want everything to be close by so they spend less time travelling and more time enjoying their lives. For this reason, city centre flats are the ideal solution for young professionals who want to have everything on their doorstep – not only because travel costs are lower, but because they feel more involved with the city they live in.

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Mates Mortgages – the First Time Buyer Solution?

December 12th, 2011 Posted in Mortgages, Property Market | 1 Comment »

These are tough times for first time buyers trying to get a foot on the first rung of the property ladder. The high loan to value mortgages of the noughties are consigned to banking history and these days, a deposit of 15% – 20% will need to be raised, along with legal costs, survey costs and all of the other expenses associated with moving in to a new home. In reality this means that first time buyers are needing to raise at least £15,000 to £20,000, often much more to have a hope of buying their first home.

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10 Top Tips When Selling Property

November 29th, 2011 Posted in Estate Agents, Property Market | 6 Comments »

The relationship between a vendor and their selling agent is often paramount to the success of a property sale; however there are many intricacies that are simply overlooked or forgotten, often to the detriment of the sale.

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