What Is Equity Release?

What Is Equity Release?

Equity release is a way of converting the equity in your property into cash. You may want to consider this if: You’re unable to obtain a high-street mortgage (due to age or income); You need cash to make home improvements; Or you need to pay for health care....
What Is Joint Ownership of Property?

What Is Joint Ownership of Property?

When two or more people buy a property they will hold it as joint tenants or tenants in common. What Are Joint Tenants? The first of these, joint tenants, is when each owner owns the whole of the property. If one dies, the property is owned wholly by the survivors....
What Deposit Do I Need To Buy A House?

What Deposit Do I Need To Buy A House?

When you buy a property you will need to pay a sum of money to secure the purchase on exchange of contracts. The deposit is held by either the buyer or seller’s solicitors on behalf of everyone involved. When Do I Need My Deposit By? You will need to work out what...
What Are Help to Buy Schemes?

What Are Help to Buy Schemes?

As it has become increasingly difficult to get on the property ladder, Help to Buy Schemes were introduced in 2013 to help first-time buyers acquire their first home. The schemes allow you to buy your first property with a 5% deposit, instead of the usual 10%. Help To...
Surveys and Why You Need Them

Surveys and Why You Need Them

Buying a house is usually the biggest investment you will make in your lifetime. So you have to make sure you do things right. Surveys are often the only way to find out exactly what you are buying, what repairs are needed, future maintenance and any other issues that...