April 18, 2018 | Posted by :
J Morris |
Blog
Research conducted by the Federation of Master Builders (FMB) and the HomeOwners Alliance (HOA) suggests that homeowners have the potential to boost the value of their property by almost £50,000 by making a few choice structural and aesthetic improvements before they sell. By making comparatively small investments to improve various areas of your home – notably the garden, bathroom, kitchen, and living areas – you could add between £9,000 and £48,000 to the asking price!
So, if you’re thinking of selling up this year, it might be worth seeing if any of the following improvements are feasible for your budget and layout, and maximise the value of your home…
Add up ...
April 01, 2018 | Posted by :
J Morris |
Blog
If you’re a first time buyer you’re immediately at an advantage when it comes to negotiating the housing market. Not only are you free from relying on a chain but you’re also able to dodge stamp duty charges to a certain extent. As of November 2017, a permanent change was applied to stamp duty for first time buyers, raising the threshold to £300,000 (and up to £500,000 in more expensive areas such as London), saving you an extra 2-12% in fees!
First time buyers are required to declare that they have never owned property in the UK or elsewhere to qualify for the relief, and if property is being ...
September 25, 2017 | Posted by :
J Morris |
Blog
Look, we know you just want to go out and browse your estate agent’s list of lovely, shiny new houses, but there are a few legal issues to get in order before you can buy your dream home. One of the most important aspects of buying a property (and, incidentally, one of the most common pitfalls buyers encounter) is the conveyancing process. In simple terms, conveyancing deals with legally transferring the ownership of a property from one person to another. This process begins when your offer is accepted, and it ends when the keys to your new home are in your hands. The bit in between is mainly ...
April 27, 2017 | Posted by :
J Morris |
Blog
Under the current UK family law system, unmarried couples who live together (also known as ‘cohabitants’) do not automatically have the same legal rights as married couples, and this can cause particular problems when it comes to the ownership and division of property.
Married couples, and those in a civil partnership, are ascribed certain automatic property rights, regardless of how much each of them contributed to its cost or maintenance. However, for cohabiting couples the situation can be more complicated if a property is not jointly owned or they do not have a declaration of trust in place.
A declaration of trust details each party’s share in a property, and can be used as a way to protect the investment should ...