Deciding on what and how to bid for a property is one of the most challenging parts of the house buying process. There is no set formula and this is a straightforward commercial negotiation, made all the more difficult because the individuals involved may have widely differing standards and business experience.
Property expert Nick Lemming gives his advice..
Continue reading "How should you make an offer for a property?" »
The stamp duty paid on a home in the UK has reached an average of £4,950 this tax year, according to the latest research by propertyfinder.com, based on predictions using HMRC data.
This is up from £3,828 last year and just £709 ten years ago (a ten year increase of nearly 600%). During the tax year 2007/2008, the HMRC will have collected a total of £6,863m from home buyers.
Continue reading "Stamp Duty bills soar far above home buyers' expectations" »
Continue reading "Q&A: I've found the perfect home, what’s the next step?" »
After searching for so long to secure your dream home – and finally finding it - the desire to fast-track the contract and paperwork makes it really easy to overlook problems with the home, some of which may in fact be quite prominent.
The average home-buyer can save £55,000 by having a three bed home built for them, compared to buying a new build from developers, according to new research from propertyfinder.com. Buying a home in England costs approximately £267,600 whereas the cost of land, materials and labour would total only £212,850 - a saving of more than 20 per cent.
