A buy-to-let mortgage lets you borrow to buy a property you’ll rent out rather than live in. Most are interest-only, where each month you pay the interest, then repay the full loan at the end of the term, usually by … Continued
You can sell a house with a mortgage and use the sale funds to clear the outstanding balance. Depending on how soon you sell into your current deal, you may also have early repayment charges to cover, and these can … Continued
When buying a home in England or Northern Ireland, stamp duty is one of the highest upfront costs to plan for. You need to pay it within 14 days of completion, and in most cases, your solicitor handles it by … Continued
Quick Summary: Scenario IHT Due? Estate worth less than £325,000 No Home left to spouse/civil partner No Home left to children/grandchildren, estate under £500,000 No (RNRB applies) An estate worth more than £500,000 and left to children Potentially yes, on … Continued
For both landlords and tenants, there can often be confusion over who is responsible for the council tax bill. Renters normally pay council tax for the property they live in, but certain situations can arise where the responsibility for paying … Continued
Shared ownership can be a great way to take the first steps up onto the property ladder. Structured to help those who may be unable to afford a property outright, it offers an alternative route to homeownership with a smaller … Continued
As a landlord, you take on a tremendous amount of responsibility. From maintenance and marketing to rent collection and tenant disputes, there’s always something to manage. That’s why many landlords choose a specialist agent to help lessen the load. One … Continued
As a landlord, you have several responsibilities and chief among them is providing an energy-efficient home for tenants to enjoy. As of 2030, the majority of rental properties in your portfolio must achieve a minimum EPC rating of C. By … Continued
Property transactions are filled with an array of jargon. Understanding some of it is essential before buying or selling a home. This is particularly relevant for first-time buyers who may not have a comprehensive understanding of all the terminology. Leasehold … Continued
Buying and selling property is filled with a variety of buzzwords, jargon and terminology that is often confusing. “Under offer” and “Sold STC” are two such terms, and whilst both sound like they could allude to the same thing, they … Continued
