Over half (51%) of private renters in England say their home has made them feel safe during the pandemic, Shelter research has found. A third (35%) live in poor conditions, with electrical hazards, pests or damp-related issues in their home. Meanwhile 43% reckon they pay too much for the quality of home they have. Mary-Anne […]
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The average void period for the UK held steady at 20 days during September. Greater London, the North East, West Midlands and South West all saw small reductions in void periods. The smallest average void time can now be found in the North East – at just 12 days. However, small increases in void periods […]
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People downsizing by a bedroom typically save the most in London, averaging a saving of £417,881, PensionBee research shows. Coming in second was Brighton and Hove, with a saving of £156,636, while in third was Bristol, at £148,609. The research analysed the price gap between 1, 2, 3, 4 and 5 bedroom homes in areas […]
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Some 30% of those who previously thought they would move to a city centre now want to live in the suburbs or towns and villages. What is more, PwC research found that 19% of those who previously thought they’d move to the suburbs now think they’ll move to a town or village. Some 20% of […]
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Lettings platform PlanetRent has partnered with virtual reality technology company The 360 View to offer virtual tours of rental properties. The partnership allows landlords and agents to create virtual tours that they can attach to the property listing through the PlanetRent platform. Renters who use the PlanetRent platform will be able to access a four-minute […]
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Nima Ghasri, director at regulated property buyers, Good Move offers helpful tips on how to get a mortgage approved when self-employed. Securing a mortgage when self-employed isn’t as difficult as some might imagine – although you will need to provide some proof of self-employment and demonstrate your incomings and profits. Lenders will look at your […]
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Today I published an article about lengthy lender wait times, which have become a frustrating part of Covid life. Potentially buyers can miss out on a property purchase if they leave it late to apply for a mortgage, given that it can cost well over a month for them to go from application to offer. […]
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Mortgage lenders are taking longer than usual to handle mortgage applications, much to the frustration of potential homebuyers and their mortgage brokers. This has been blamed on strong demand, Covid-19 heightening application complexity and, with buy-to-let, a difficulty in scheduling surveyor visits to tenanted properties. At the time of writing Santander is taking 26.2 working […]
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Scotland must encourage investors into its property market to support the economy once the coronavirus recedes, property management platform apropos has argued. David Alexander, joint managing director of D.J. Alexander and apropos, argued that Scotland should align its Land and Building Transactions Tax thresholds with Stamp Duty in England. He said: “Clearly there is going […]
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Almost a third (31%) of probate cases in the last 12 months have faced delays in closing an estate, research from Direct Line Life Insurance’s probate lawyers has revealed. The most common reasons causing issues when settling an estate were; one or more of the listed beneficiaries could not be found (33%), there were difficulties […]
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