According to finance experts, Moneyfacts, nearly a third of all mortgage deals have been pulled from the market in just three weeks. On 31 March, there were approximately 3,654 residential mortgage deals on offer from banks and building societies in the UK. That’s 1,585 fewer...
The impact of COVID-19 is being felt by every industry around the world. And while current focus is on protection and containment, there will come a time when we can start to look ahead to renewed activity. For property investors, it’s a case of sitting tight...
With concern that coronavirus could be easily spread in the busy environment of a construction site, an increasing number of construction firms are stopping work. Government guidelines state that construction work can continue if workers are two metres apart. However, some construction companies feel that this...
Just as we were seeing a bounce back in the property market following last year’s general election, things have come grinding to a halt. Zoopla Cities House Price Index Report revealed that demand from buyers over the seven days to 22 March was down 40% on...
New legislation was announced this week to protect private and social renters affected by coronavirus from eviction. This emergency legislation is a result of the escalating economic situation and will ensure landlords can’t start eviction proceedings against tenants who struggle to pay rent for three months. Robert...
The solicitor you use will be dependent on the type of property investment you’re making. It’s essential to look for someone who can support you through all the legal aspects of your transaction and offer expert advice. Do you need a solicitor or conveyancer? Conveyancing is the...
Once negotiations are over, and your offer has been accepted, it can be tempting to sit back and let the legal process take its course. However, if you fail to keep your property deal on track, you run the risk of things going wrong at the...
First of all, you need to be clear about the type of property investment you’re making. Mortgage lenders will want to know what you are going to be using the property for. Is it a buy-to-let for students or regular tenants, a buy-to-let for tenants on...
If you’re looking to upgrade a property by adding on an extension, there’s now more flexibility than ever over what you can do. Temporary rules introduced by the government in 2013 that allowed owners more leeway in the type of extensions they could build without planning...
Climate change and our response to it is a subject that’s constantly in the news. As a consequence, the ecological impact of how we build and renovate properties is the subject of much debate. As a property investor, you may be keen to invest in more...