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Tag: BUYING

BUYING

  • All the costs involved in buying a property

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    Buying a property in the UK involves several costs beyond the purchase price. These costs can vary based on the property’s value, location, and type of transaction. Here is a comprehensive list of costs involved in buying a property in the UK: 1. Deposit 2. Stamp Duty Land Tax (SDLT) 3. Mortgage Fees 4. Survey… Read more

  • Navigating the pros and cons: Buying a ground floor flat

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    Buying a property is a significant decision that requires careful consideration of various factors, including location, size, and type of property. Ground floor flats are a popular choice for many buyers in the UK, offering convenience and accessibility, but they also come with their own set of pros and cons. In this article, we’ll explore… Read more

  • Should I buy a property that has rising damp?

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    Buying a property is a significant investment, and one of the most critical factors to consider is the condition of the property itself. Rising damp is a common issue in older properties in the UK, but what exactly is rising damp, how much does it cost to fix, and should it deter you from purchasing… Read more

  • The advantages of renting over buying a property 

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    The age-old debate of whether to rent or buy a property is one that continues to spark discussions among UK residents. While homeownership has long been considered a hallmark of financial success, renting has gained significant appeal in recent years, particularly as housing prices soar and the economic climate shifts. In this article, we’ll explore… Read more

  • Gazumping: How prevalent is it in 2024?

    amoore70

    What is Gazumping? Gazumping occurs when a seller of a property accepts a higher offer from a new buyer after having already agreed to a sale price with an initial buyer, but before the contracts have been exchanged. This practice leaves the initial buyer in a difficult position, often having invested time and money into… Read more

  • The advantages of renting over buying a property

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    Buying a home is one of the most significant financial commitments you’ll make in your lifetime. Navigating the complex mortgage market can be daunting, but using a mortgage broker can simplify the process and offer several advantages. Here’s why you should consider using a mortgage broker to arrange your mortgage: 1. Access to a Wide… Read more

  • A comprehensive guide to buying property at auction in the UK

    amoore70

    For those looking to acquire property in the UK, the traditional route of perusing estate agents’ listings or scouring online portals isn’t the only option. Property auctions offer a dynamic and potentially rewarding alternative, providing an efficient way to secure a property, often at a competitive price. However, navigating the auction process requires a good… Read more