Sales

If you are using a mortgage to buy your first home, a deposit is essential. This cash sum is usually a percentage of the property price and it’s money the buyer needs before exchange.

What did you resolve to do when the clocks struck midnight on 31st December 2024? Did you vow to move more, eat less and stop looking at social media so much? Or did you make a New Year resolution to move home?

We wish you a Merry Christmas….and a happy New Home. The 2024 festive season presents us with a unique set of circumstances that potential home movers simply can’t ignore.

Despite successive Governments promising to reform the leasehold system in England and Wales (more on that later) – and the abolition of leasehold property status in Scotland – millions of homeowners only own bricks and mortar and not the land on which the property sits.

Garden rooms are a property asset that gained popularity during the pandemic but recent analysis of Google data by Legal & General revealed that searches for outbuildings are still incredibly high.

It’s amazing how quickly we amass personal possessions, paperwork, clothes and collectables. Before long, our homes can overflow with things we have got used to seeing and items we can’t bear to part with but too much of anything, however, can be a seller’s worst enemy.

Rather than an emergency measure, a bridging loan can be a sensible part of the home buying process. Independent financial advice and the support of your estate agency team can help you utilise this short-term cash injection.

It’s true that the property market cools slightly during July and August but if you’re looking to sell your home for a higher price, look no further than a summer sale, as a new survey has proven.