When buying a new build property there are a number of additional points to consider when compared to a purchase pre-existing property. You will often be buying “off plan”, the completion date may not be fixed when contracts are exchanged and you will need to know what, if any, warranties are in place.
What to Consider Buying a New Build Property
January 31st, 2011 HIP-Consultant.co.uk Posted in Property Market 5 Comments »
How landlords can make the most of the market in 2011
January 26th, 2011 HIP-Consultant.co.uk Posted in Guest Articles, Landlords 2 Comments »
Professional property landlords can look forward to seeing solid returns from their investments in 2011.The state of the housing market is pushing increasing numbers of people into renting while supply remains tight.
Different Types of Property Surveys
January 24th, 2011 HIP-Consultant.co.uk Posted in Mortgages, Property Market 3 Comments »
Before buying any property you are highly encouraged to have a survey carried out. In fact if you are buying with a mortgage then your lender will insist. If you don’t have a survey then you are accepting the property in whatever condition it happens to be in, regardless of whether the seller is aware of any defects. There may be problems with the property that are not apparent from just looking around.
Conveyancing Checklist For Property Purchase
January 13th, 2011 HIP-Consultant.co.uk Posted in Land Registry, Property Conveyancing, Property Market 9 Comments »
When you are using a conveyancer for the purchase of a property you may be forgiven for thinking that you are able to leave the whole thing in his or her hands; to a certain extent you are right, but you should remember that ultimately it is your purchase and there are certain things for which you must still take responsibility. This is more important these days since it is likely your conveyancer will never actually see the property and may not be from the area.
Validating Potential Tenants for Your Rental Properties
January 4th, 2011 HIP-Consultant.co.uk Posted in Landlords, Legal Comments Off on Validating Potential Tenants for Your Rental Properties
As a residential landlord, you need to be able to trust your tenants to pay their rent and to pay on time. It is likely you will be relying on their payments to enable you to pay your mortgage and so if your tenant falls into arrears you may go into arrears also and could end with the property being repossessed.
Improve Your Chances of Selling Your Property
December 16th, 2010 HIP-Consultant.co.uk Posted in Property Market 9 Comments »
These are challenging times for the housing market. Whilst we are just starting to see the green shoots of recovery, there are still probably more properties that there are willing buyers. When the market is in this state you need an edge if you hope to sell your property quickly.
Investing in Freehold Reversions
December 8th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Landlords, Property Market Comments Off on Investing in Freehold Reversions
All land in England and Wales, whether or not it is registered, has a freehold title. In addition the freehold of a particular property may be subject to a leasehold title. If this is the case then it is the leasehold title that has by far and away the greatest value since it is the owner of this title that has the right to occupy the property for the term of the lease, however the freehold does still have value.
Is the Property Ladder Broken?
October 28th, 2010 HIP-Consultant.co.uk Posted in Mortgages, Property Market 9 Comments »
Broken Ladder: 3 years without rent, food, clothing – then you can afford a deposit.
New research out today reveals that the average first time buyer (FTB) would have to save every single penny of their earnings for more than two years to have a chance of getting a foot on the housing ladder. In London it would take three years.
Record low housing numbers reveal scale of the crisis
October 21st, 2010 HIP-Consultant.co.uk Posted in News, Property Market 4 Comments »
Figures released today reveal that the net number of homes added to the housing stock in England fell to a record low in 2009-10, down 23% on 2008/9.
HIPs a shame for the property market?
October 13th, 2010 HIP-Consultant.co.uk Posted in Home Information Packs, Property Market 3 Comments »
Property prices continue on their downward trend in September for the third month in a row. This downward trend is evidenced from figures released from Nationwide, Halifax and today RICS and certainly not the news those who recently enetered the market will be wanting to hear.
The Truth About “How To Claim Free Land” Get Rich Quick Schemes
September 20th, 2010 HIP-Consultant.co.uk Posted in Legal, Property Market 5 Comments »
There are lots of adverts on the internet and even in the press for “get rich quick” schemes that promise, for a small fee, to reveal secrets that will allow you to claim acre upon acre of forgotten land legally and for free.