Top five tips for buying overseas property
If you’re thinking of buying a property overseas, read these top tips to make sure you make the most of your money.
Read entry2008 Property Investor Show (UK)
This year’s Property Investor Show will be held in Manchester from 9-11 May. Entry is free for visitors and you can book tickets online (see link…
Read entryShould I buy a house with a ground-floor bathroom?
Is an unconventional bathroom location a reason not to consider buying a house?
Read entryOne building, three leaseholds – what to do?
The ins and outs of consolidating leaseholds in a converted house.
Read entryProperty ownership in England and Wales
An explanation of the most common forms of property ownership in England & Wales – and their respective pros and cons.
Read entryShared Freehold Ownership
An explanation of the ins and outs of shared freehold ownership – very common in flat conversions.
Read entryLease extension on freehold property
Sharon writes:
Read entryI am purchasing 1 of 6 flats in a conversion property (due to exchange this week). I am buying a share of the freehold but the lease is 71 yrs now. My solicitor said that as we are not renewing the lease at the same time there may be a problem with this after and if we can’t renew it the flat may be unsellable.
Is this the case and what are the obstacles that may prevent us from renewing it? All the flats have 71 yrs and nobody has applied to renew yet.
Completing and Moving In
All that remains after exchanging contracts is to pay over the money needed to buy the property, less any deposit already paid at exchange, on the…
Read entryExchanging Contracts
With your survey safely completed and the lender happy with it, you can move to the stage of getting a formal mortgage offer from your chosen…
Read entryInstructing a Surveyor
Once your offer has been accepted, a survey is required to assess the property’s condition and value. Your mortgage lender will require at least a basic…
Read entryChoosing a Mortgage
Organise your mortgage as soon as you think you have found a new home. A mortgage can take a few weeks to organise and process; you…
Read entryEstate Agents
Once you have decided a few options on the home type, where you want to live and what you can afford, it is time to start…
Read entryConveyancing – Choosing a Solicitor
If you are a first-time buyer, you need not worry about selling a property before you can move. But you will still need to find an…
Read entryBuying a property
The first thing you need to decide when you buy your new home is what sort of area you want to live in. Make a list…
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