Buying a home is an exciting journey, but it’s important to look beyond the surface and consider factors which will impact on the long-term running costs of your new property, such as energy efficiency. By focusing on key details like insulation, utility expenses, and solar potential, you can ensure your […]
Shared Ownership is still relatively young compared to most forms of property ownership and understandably there is some confusion about this tenure, especially when it comes to selling. In the Q&As below, we hope to address some of those questions. Is it more difficult to sell a shared ownership property […]
As a general rule of principle, the best time to buy a property is when prices have dipped down and are just starting to rise. The market moves in cycles, so if you can make a purchase at the start of a period of price growth, that should help ensure […]
Buying a home has always been seen as a life goal for many young people, often being favoured over renting and holding precedence over other ways for people to get onto the housing ladder. Some people see renting as throwing money away, or paying for your landlord’s mortgage while considering […]
Investing in the property market can be a highly rewarding venture if approached strategically. The allure of finding undervalued properties, often referred to as hidden gems, lies in their potential to yield substantial returns. These properties are usually overlooked by the general market but hold significant promise due to factors […]
2024 has seen house prices start to rise, the base rate continues to be steady, and a big focus on digital conveyancing. Because of this, Compare My Move has seen a 41% increase in people looking to purchase a house in the first quarter of 2024, compared with the last quarter of 2023. This […]
Buying houses at auction can be fantastic, helping you get properties cheaper than you would otherwise and also more quickly. However, you must know what you’re doing in order to invest successfully. We’re here with a full guide, from initially finding the properties through to the auction day, to help […]
If you’re moving home and have either plenty of equity or savings you can use for a deposit, plus a decent income, it can be straightforward to finance your next purchase via a traditional mortgage. This is how most people ‘consumed’ property in the past, but as lifestyles, earnings, investment […]
The abolition of Multiple Dwellings Relief (MDR) following Chancellor Jeremy Hunt’s Spring Budget, has brought into sharp focus the additional costs for investors when they purchase multiple properties in the UK. Property buyers now have to pay an increased amount of tax, with investors now having to purchase six or […]
Stamp Duty Land Tax (SDLT) is levied on property purchases in England and Northern Ireland, with thresholds determining the amount owed. Properties priced up to £250,000 (or £425,000 for first-time buyers) incur no SDLT, while rates of 5% apply to main residences priced between £250,001 and £925,000, and 8% for […]
