With the surge in popularity of I Am Sold auction properties, it is crucial for potential buyers to tread carefully and be aware of key considerations. While these auctions offer enticing opportunities, there are important factors to keep in mind to avoid...
In 2022, equity release loans in UK totalled around £6 billion. In 2023, due to higher rates of interest, this is likely to fall to around £2.5 - £3 billion of loans being taken up. The managing partner of Martin Tolhurst,...
What you need to know when buying a New Build Property in the UK. Buying a new build property in the UK can be an exciting venture, offering modern designs, energy efficiency, and the opportunity to be the first owner. However, purchasing a new...
In the year to 31 March 2022, fraud became the most committed crime in the United Kingdom, with more than 4.5 million offences in a year. However, there is no evidence that the risk of fraud is being translated into police resources – fraud accounts...
Why homemovers need to tighten their trainers! Property continues to catch headlines, whether prices are up or down; city dwellers are moving to the country or back again; or how long it may take to get the keys to a new home. Following the dramatic 30%...
Garden predators are taking root in the courts, as householders take action to fight off plant invaders that can be highly destructive and undermine property values. One of the most common reasons for garden-related legal action is when Japanese...
With summer in full swing, many people are planning to make changes to their gardens. Some changes might be extensive, including decking, a garden office, fences or a total landscaping overhaul. While you generally won’t need permission to plant your...
Aspiring property host? Check the small print! As the shutters lift on life, with shops and bars opening and holiday planning underway, property owners may be thinking of cashing in on the demand for UK trips by offering their home...
Equity release activity climbs 24% year-on-year to £4.8bn as market returns to growth. Summary • Record amounts of property wealth were accessed via equity release products in Q4 and across 2021 by more than 76,000 new and...
A recent survey has given some insight as to reasons why a buyer withdraws from a transaction. The survey was carried out by a “quick buy” company that specialises in buying houses where transactions have recently fallen through. Almost...
Over the past 12 months, I have dealt with more equity release lifetime mortgage cases than in the previous 5 years put together. There is no doubt that equity release is becoming a more popular product and this is likely to increase as house prices rise...
Shared ownership could be an option. The price of properties, even so-called ‘first-time homes’ is completely out of proportion to the average income. To save for a deposit on your first home is now taking house-hunters...
A bump in the night for Airbnb landlords! Rule changes on short term lets could see part-time landlords hit by a new tax bill from next year if they let out their whole property. Homeowners can earn up to £7,500 per year...