On the 1st April, the government altered Stamp Duty thresholds, increasing the tax burden on those purchasing homes. For traders whose business revolves around the buying and selling of property, this has added a significant cost to the process. However, there are still ways for property traders to make the […]
Fee-free mortgage broker Mojo Mortgages has asked its in-house expert mortgage advisors to share their top seven strategies for helping someone stand out in a property bidding war. Mortgage brokers share 7 proven tactics to win a property bidding war Here are Mojo Mortgages’ top tips to help you make a winning […]
From April 1st, significant changes to Stamp Duty Land Tax (SDLT) will take effect, particularly impacting first-time buyers. The nil-rate threshold for first-time buyers will decrease from £425,000 to £300,000, with a 5% rate applying to properties priced between £300,001 and £500,000. Additionally, the maximum property value eligible for first-time […]
The accelerating property market is enabling cash buyers to secure average discounts of over 13% compared to the prices paid by buyers needing a mortgage, new analysis by MPowered Mortgages reveals. The study of Land Registry records of sales completed in September 2024 found that across Great Britain, cash buyers paid £28,189 […]
As property prices continue to increase, many people – particularly those who aren’t yet home owners – are concerned about whether they will be able to afford to buy or move home. While getting together a deposit is one part of affordability, the other is the level of income you […]
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 […]
