Do you purchase property with one eye on adding value and potentially selling on for a profit? If so, you may be wondering whether that’s still achievable in 2025.
It’s easy to get caught up in the hype of buying a property – especially if it’s your first home – but there are some important details you should take time to consider. The ownership structure is one of them. Go into this ill-informed and it’s a decision that could come back to haunt you – literally!
The days of leasehold flats could be numbered if the current Government gets its way. While the proposed Leasehold and Commonhold Reform Bill - which would ban new build flats being created as leasehold properties - has been frequently written about, very few column inches have been given to its replacement: commonhold.
A clean home will not only increase your property’s appeal when it’s on the market, it also has the potential to increase its value. That’s the findings of a new study by trade finder website HaMuch.
The stats have spoken and Zoopla said it is now cheaper to buy a property than it is to rent. The key metrics include the average first-time buyer mortgage payment, the average UK rent and the average first-time buyer house price.
Spic, span and sparkling? No. Some home buyers pass up immaculate, modern properties and willingly head for the shabbiest house in the search results. If you’re on the fence about purchasing a fixer upper, here are four reasons why a wreck could be the right choice.
When it comes to selling a property, there is a fine line between ‘homely’ and ‘hoarding’. A quick scan of the internet reveals numerous surveys showing what buyers find off putting when searching for a new home. Something that crops up time and time again is clutter, with junk knocking anywhere between 10% and 20% off a home’s value.
If you are buying a property, every little helps – especially when it comes to finding enough money for a deposit. Just how much purchasers rely on a cash injection was revealed in 2024, when analysis by Uswitch found 37% of UK first-time buyers were only able to amass a deposit thanks to financial help from family or friends.
Did you know we have been making New Year’s resolutions for more than 4,000 years? The custom is thought to stem from the ancient Babylonians, who used their New Year in mid-March to reaffirm loyalty to the monarch, make promises to be good moving forward, pay debts to gods and return borrowed objects.
Getting your home on the market is easier and quicker than you may think – and there is every reason to order a ‘for sale’ sign this December. In fact, there are four indicators that now is a good time to instruct a sales agent:
The most recently published Land Registry data revealed 24% of residential property sales in 2022 were leasehold – that equates to around 207,000 transactions in total. If you own a flat or apartment, it’s highly likely you will have a leasehold agreement.
The nights are drawing in, summer flowers have faded and the temperature is dropping but instead of putting your garden to bed, now is a great time to reconsider how you use your outdoor area.
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