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Category: OWNERSHIP
OWNERSHIP
Can you buy a property without using a conveyancer?
In the UK, while it is technically possible to buy a house without using a conveyancer or solicitor, it is not recommended due to the complexity and legal intricacies involved in the property transaction process. Here’s a detailed look at the implications and considerations: Legal Requirements Advantages of Using a Conveyancer or Solicitor Options for… Read more
Living near good schools and how they affect property prices
Living near good schools can significantly increase property values in the UK. Several studies and market analyses have shown that proximity to high-performing schools is a key factor for many homebuyers, particularly families. Here are some key points on how much value this can add: The exact value added can vary depending on the specific… Read more
Pros and cons of buying a bungalow
Buying a bungalow, like any major financial decision, comes with its own set of advantages and disadvantages. Here are some pros and cons to consider: Pros: Cons: Before deciding to buy a bungalow, it’s essential to weigh these factors against your lifestyle, budget, and long-term housing goals to make an informed decision. Read more
NHBC 10 year guarantees explained
The 10-year NHBC (National House Building Council) guarantee, also known as Buildmark cover, is a warranty and insurance policy provided for newly built homes in the UK. This guarantee offers homeowners protection against certain defects and issues that may arise in their property. Here’s a detailed explanation of what the NHBC guarantee covers and how… Read more
A look at the closed bids process of buying a Scottish property
The closed bids process, also known as the “sealed bids” or “offers over” system, is a common method for buying property in Scotland. This system is designed to encourage competitive bidding and can often result in a higher sale price for the seller. Here’s an explanation of how the process works: This closed bids process… Read more
How good broadband speed adds value to your property
Good broadband can significantly affect property prices in the UK. While the exact impact can vary depending on the area and property type, here are some key points on how and why good broadband influences property values: 1. Buyer Preferences: 2. Market Trends and Data: 3. Property Listings: 4. Investment and Infrastructure: 5. Case Examples… Read more
Why you should set a long stop date when buying an off-plan property
Using a long stop date when buying an off-plan property in the UK is crucial for protecting your interests and ensuring that the developer is held accountable for completing the project within a reasonable timeframe. Here are the key reasons why a long stop date is important: 1. Protection Against Delays: 2. Financial Security: 3.… Read more
The most popular countries where Britons buy a holiday home
Many Britons purchase holiday homes abroad to enjoy better weather, different cultures, and potential investment opportunities. The most popular countries where Britons tend to buy holiday homes include: 1. Spain 2. France 3. Portugal 4. Italy 5. Greece 6. Cyprus 7. Turkey 8. USA 9. Bulgaria 10. Thailand Conclusion: These countries are popular among Britons… Read more
Should I be worried that my house has heave?
Heave in a house refers to the upward movement of the ground supporting the foundation, often caused by soil expansion due to moisture changes. This can lead to structural issues in a house. Whether you should be worried depends on the severity of the heave and its impact on your property. Here are some factors… Read more
Chancel repair liabilities – what you need to know
Chancel repair liability is an ancient and somewhat obscure legal obligation in England and Wales. It requires some property owners to contribute to the cost of repairing the chancel (the part of a church near the altar) of a medieval parish church. This liability can apply to both residential and commercial properties, and it stems… Read more