Buying your first home is a huge step to make and can be extremely daunting, after all it’s likely to be the biggest purchase you’ll ever make. There are clearly a lot of things you need to know, including where to start. Here is our advice to those setting out…
Conveyancing Costs 2019 The quotes that you receive from potential conveyancing solicitors can vary a great deal and are dependent on a number of factors. It is important to know how to decipher the conveyancing fees that you are looking at. Our guide will help you work out how to…
Making An Offer Once you have found the perfect property, you need to decide how are going to offer for it. You might be tempted to put in a higher offer in order to be confident of success. On the other hand, what’s the harm in starting off low and…
When you put one foot forward to buy your own home, you could be forgiven for thinking that the costs are limited to the initial deposit that you’ve spent years saving for. Unfortunately, it is so much more than just those costs involved to buy a new home. One such…
Manning Stainton estate agents recently carried out research concluding that Yorkshire and the Midlands are the best value cities in the UK in terms of property costs for first time buyers. Eight cities within these two counties offer the best deal to those looking to get on the housing ladder based…
Shared ownership was introduced to give lower-income families and key the opportunity to get on the housing ladder. Shared ownership, ie: initially owning between 25 and 75 per cent of your home, can open the door to home ownership but depending on your stake and whether or not you intend…
It will soon be possible for leasehold property owners to buy the freehold of their property more easily under plans for an overhaul of a stressful and costly system currently in place. At present as a leaseholder, you must wait two years before buying the freehold to your property and…
It is reported that Bank of England governor Mark Carney has told a cabinet meeting that house prices could drop by 35 per cent in the event of a no-deal Brexit. Clarifying these comments he said a housing slump was used as a worst-case scenario in for British banks. Mr Carney, who…
Changes to the Regulatory Arrangements and Code of Conduct – How to comply with the new regulations resulting from the CMA recommendations In December 2016, the Competition and Markets Authority (CMA) Published its Legal Services Market Study. It highlighted problems of transparency of price and quality and that consumers did…
The average UK property transaction takes on average almost 7 weeks longer than expected due to the absence of conveyancers, according to new research. 30% of homebuyers experienced an average delay of 6.4 weeks because their conveyancing solicitor was not in the office. 25% were not informed when their lawyer…
