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Category: OWNERSHIP
OWNERSHIP
Do resident parking permits affect property prices?
The impact of resident parking permits on property prices can vary depending on various factors, including the location, demand for parking, and availability of alternative transport options. Here are some considerations: 1. Convenience: 2. Parking Availability: 3. Local Amenities and Infrastructure: 4. Property Desirability: 5. Market Demand: Conclusion: Resident parking permits play a crucial role… Read more
The dangers of buying a property on a flight path
Buying a property is one of the most significant financial investments many people make in their lifetime. However, not all properties are created equal, and one often overlooked factor that can significantly impact quality of life and property value is proximity to a flight path. While living near an airport may seem convenient for travel,… Read more
Support for mortgage interest loans (SMI) explained
Support for Mortgage Interest (SMI) is a government scheme in the UK that provides financial assistance to help cover the interest payments on a mortgage or other home loans. The scheme is designed to support homeowners who are receiving certain income-related benefits and are struggling to pay their mortgage interest. Here’s a detailed explanation of… Read more
When is the best time of the year to sell a property?
The best time to sell a property in the UK can vary depending on various factors, including market conditions, seasonal trends, and individual circumstances. However, there are a few general considerations to keep in mind when determining the optimal time to sell: Spring (March to May): Summer (June to August): Autumn (September to November): Winter… Read more
Energy Performance Certificate’s (EPC) explained
In the UK, an Energy Performance Certificate (EPC) is a legal requirement for most residential and commercial properties that are sold, rented, or constructed. It provides information about a property’s energy efficiency and carbon emissions, helping prospective buyers and tenants understand the energy performance of the building. Here’s an explanation of EPC certificates, the different… Read more
The financial impact of selling a right to buy property
Selling a Right to Buy (RTB) property in the UK has specific implications, especially regarding payback or repayment requirements if the property is sold within a certain period after purchase. Here’s an explanation of the impacts and the payback rates associated with selling a Right to Buy property: What is Right to Buy? Right to… Read more
Understanding the risks of buying property on a flood plain
The Dangers of Buying a Property on a Flood Plain in the UK Purchasing a property is one of the most significant investments most people will make in their lifetime. While location, price, and property condition are key factors in making a decision, it is equally crucial to consider environmental risks, such as the potential… Read more