Cash: money in coins or notes, as distinct from cheques, money orders, or credit. You may have come across the term “cash buyer” when buying and selling property. You have more than likely seen “cash buyers only” when browsing homes on property portals like Rightmove and Zoopla. But what exactly is a cash buyer? Drumroll …
They say that life’s only constants are death and taxes. But for many, being tangled up in a property chain seems inescapable when buying or selling a home. Property chains have the ability to delay – and even collapse – a house purchase, leaving both buyers and sellers feeling extremely frustrated. If you’re in the …
If you’ve opted for a fixed-rate mortgage, you will know that your interest rates don’t fluctuate and that you’ll be paying the same level of interest every month. Fixed-rate mortgages are usually not only fixed in terms of interest levels but also in terms of time. So what happens when your fixed-rate deal ends? How …
How do estate agents value your house? So you’ve decided to sell up and move on, but before you can buy that brand new home, you need to get the one you want on the market! Understanding the value of your current home will be a key part of your next mortgage, so it’s worth …
Your initial asking price is an important decision as it will impact the level of buyer interest you can expect to receive, as well as the eventual offer amounts. List your property for too much and you might put yourself out of some buyers’ price bands, resulting in your property taking longer to sell. Underprice …
Repaying your mortgage can seem a little daunting, but there are plenty of ways to lighten the load. And we’ve compiled this handy little guide to help you on your way with lowering mortgage repayments. Refinance your mortgage to a lower rate Refinancing your mortgage in order to take advantage of lower interest rates is …
So, you’re thinking of buying a new home? That’s great news! Is it a trendy three-bed terrace in a cul-de-sac? Or do you fancy a penthouse apartment with city views? Whatever the property type, we’re sure you’re excited about your soon-to-be new home. But wait. It’s not all plain sailing? You’re getting a bit tired …
Why a mortgage broker could get you a better mortgage deal than by going directly to the lender. I recently spoke to a client who had been a customer of the Halifax whose current mortgage deal was due to expire. They naturally assumed that being a loyal customer they would be offered a great new …
So you have found your forever home. It’s got those bi-fold doors opening up to a Juliet balcony and a sizeable amount of outside space that make it a a great deal . Good times. There’s a catch, though. You haven’t sold your current house and need to find a buyer before getting the keys …
If you are faced with the option of remortgaging for the first time, this guide is for you. Remortgaging is simply changing your current mortgage deal for another one and is usually something people do to lower their monthly repayments. Here’s everything you need to know about how your LTV (loan to value) can affect …
