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Category: OWNERSHIP
OWNERSHIP
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
Commonhold – a guide to property ownership
What is Commonhold? Commonhold is a form of property ownership in the UK that allows individuals to own a freehold property within a larger building or development, while jointly owning and managing the common parts and facilities. This system was introduced by the Commonhold and Leasehold Reform Act 2002 as an alternative to the traditional… Read more
The best websites to find your next home
Top Websites to Find Property in the UK Searching for a property, whether to buy or rent, can be a daunting task. The digital age has made it easier by offering numerous online platforms where you can browse thousands of property listings. Here’s a guide to some of the best websites in the UK for… Read more
Let to buy explained
“Let to buy” (LTB) is a property strategy where a homeowner rents out their existing home in order to purchase a new one. It is popular in the UK among people who want to move to a new property but don’t want to sell their current one. Here’s how it works: Key Benefits: Key Considerations:… Read more
What survey should I choose? A comprehensive guide to home surveys for UK buyers
Buying a home is one of the most significant investments you’ll make in your lifetime, and ensuring the property is in good condition is crucial to avoiding costly surprises down the line. That’s where home surveys come in. From basic condition reports to comprehensive building surveys, there are several types of surveys available to UK… Read more
Property ownership around the world: A comparative analysis
Property ownership rates vary significantly from country to country, influenced by factors such as economic development, cultural norms, and government policies. Understanding these ownership rates provides valuable insights into global real estate markets and the dynamics of property ownership worldwide. In this article, we’ll explore the percentage of property ownership in different countries and analyze… Read more
Pros and cons of buying a bungalow: A comprehensive guide
Bungalows, with their single-story layout, have long been a popular choice for homeowners in the UK, offering convenience, accessibility, and a unique living experience. However, like any property type, bungalows come with their own set of advantages and disadvantages. In this guide, we’ll explore the pros and cons of buying a bungalow in the UK… Read more
Joint tenants or tenants in common
In the UK, when multiple individuals own a property together, they can do so as either tenants in common or joint tenants. These two forms of property ownership have distinct legal implications and affect how ownership is structured, transferred, and inherited. Let’s explore the differences between tenants in common and joint tenants: Tenants in Common:… Read more