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Most home sellers dream of a quick, stress-free process in which they list their house, get an offer, collect the cash and hand over the keys. If only it were that simple! In reality, selling a home involves various moving parts, including competition, inventory, and high mortgage rates. Hot markets may sell faster …
Step by step breakdown: How to sell your home in 2025 Read More »
By raising the energy efficiency requirements for private tenants, the UK government hopes to reduce their yearly energy costs by an estimated £240. According to the UK Government’s proposal, all private landlords would be required to make sure their homes have an Energy Performance Certificate (EPC) grade of C or higher starting in 2030. …
The UK Government reveals intentions to improve private tenants’ energy standards Read More »
At Oakwood Property Solicitors, we understand that buying your first home is exciting – especially when you’re eyeing a property with renovation potential. Whether you’re dreaming of turning a dated house into your ideal home or considering it as an investment, careful planning is key. We share a quick guide to help you get …
A homeowner has cautioned unmarried couples not to become ‘sucked into the dream’ of purchasing a home together before first executing a ‘mortgage prenup.’ Tom Lord, a 33-year-old PR Account Director from Leeds, acknowledges that he was ‘naive’ to ‘jump into’ purchasing a home with his first committed partner shortly after her graduation from …
Home buyers in England and Northern Ireland will pay more Stamp Duty Land Tax (SDLT) after rates are set to change on April 1, 2025. What is Stamp Duty? Stamp Duty Land Tax (SDLT) is a tax imposed by the government on the purchase of land or properties over a certain value in the …
Major changes to conveyancing: Stamp duty charges, starting April 1, 2025 Read More »
Zoopla has identified the most affordable towns and cities across Britain to help out those looking to buy or relocate for less. By analysing house price-to-earnings ratios for two-earner households on average local salaries, Zoopla has revealed where buyers can stretch their budgets the furthest. Izabella Lubowiecka, Senior Property Researcher at Zoopla …
This week, Chancellor Rachel Reeves delivered the Autumn Budget – outlining what the country’s finances look like and what changes we can expect to be made. Yesterday was Labour’s first budget for more than 14 years, taking place in the House of commons. In this article we look at how the Autumn …
Figures from RightMove have revealed that millions of rental properties will need £23.4billion spent on them to meet the government’s Energy Performance Certificate (EPC) target in 2030. The data estimates that around £8,074 will be needed per property for a landlord to improve their energy ratings. But concerns have been raised that without financial …
EPC Ratings: Rental homes will need £23.4 billion investment to meet government target Read More »
Interest rates have remained steady at 5.25% since August, and it may take time before they start to decrease. For the 1.6 million UK homeowners with fixed-rate deals expiring by the end of December 2024, remortgaging could lead to higher costs. Additionally, over 1.4 million people on tracker and variable rates are already facing …
Property experts have revealed how the upcoming general election could affect the housing market, and whether this will impact moving plans for both buyers and sellers. The general election will take place on July 4, to decide which political party will come into power in the next. Housing has been high on the agenda …
Will the General Election affect the housing market in 2024? Read More »
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