How To Go About Property Mortgage In The UK
General / May 17, 2017

If you are hoping to climb onto the property ladder, then you could be in for a rude shock–mortgage options are usually huge and often seems a little overwhelming in the initial stages. The most important factor to getting the best deal on your mortgage (and which is usually the most viable option anyway) is being armed with as much information as you possibly can.   First off, in order to reap from the best deal you need to make sure your money is in order. Better credit rating allows you for bigger deposit. This gives you more options when looking for a good mortgage deal. So it is important to first carry out a simple credit search on yourself before you delve even further. One question you should ask yourself is ‘how big is your deposit?’ This is one important factor when it comes to what mortgage rate you can get these days- It also translates to the percentage of the property’s value you can put down easily. Calculations such as analyzing the official shift from old-fashioned salary multiple lending to affordability calculations are important. However, in reality quite a number of lenders have been pushing for this shift…

On Rental Affordability For Young People
General / April 5, 2017

Whenever discussions shift towards housing affordability, the first thought that crosses many people’s minds is the ability to buy a house rather than rental affordability. In as much as we can go a long way arguing over whether or not youths need to give up their latte, or whether how worse or better the economy has grown or fallen over last 20 years or so, the issue of rental affordability needs to be equally paid attention to. In the recent years, rental prices have been significantly dragged to the general low inflation growth. It is true that housing prices have risen by a notable margin. In some parts of the world it is at 1.2%. Approximately two decades ago, almost 30% of first time home buyers were the young- just under 25 years of age. Currently, only 16% of first time home buyers are under 25 years. Following reports from recent surveys, it is reported that more homes are rapidly becoming overcrowded as a result of house shares. It has led to scenarios where many young people are paying rent equivalent to half their salary or even slightly more. Many young people find themselves paying a lot of cash commuting to…

A Guide On Investing In British Luxury Property
General / April 4, 2017

Landing the right property to invest in the UK sometimes is not a walk in the park. This is especially for those who are moving into the country. This article aims at giving you some heads up on what you need to know concerning Investment in British Property First and foremost, for any new investor in the UK, you need to do the following to be on the safe end; 1.     Make an inspection on the property   Having identified property that has caught your attention, it is wise to travel to the UK and personally make an inspection on it. Sometimes photos and written documents can be very misleading and can make smaller rooms look much bigger than they actually are. Besides, you can never be too sure of the locality of the property, not until you visit it yourself. If you ignore this step you may end up purchasing a property which isn’t what you bargained for. This may result to a negative influence on renters and consequently affect the return on investment. 2.     Investigate the demographics It is also important to look at the demographics of the area. It may be a wise move to choose localities…

How To Sell Your House Around The UK- A Step By Step Guide
General / April 4, 2017

1.     Make your house in great shape This doesn’t mean complete renovation- rather; ensure the house is clean, neat and free from clutter that may put off potential buyers. If it looks good on the outside, make it look good on the inside too. Survey the house to know what problems to fix when. By doing this, you will confidently demonstrate to buyers how good your house’s condition really is.  2.     Make at least three valuations Have at least three different local real estate agents value your house. Engage their expertise by asking them why they feel your home is worth the amount they have suggested. Also ask them what they would do to help you land the best price from the most appropriate buyer. You can use best Great Britain instant cash service PropertyCashBuyers.com and see your house value. 3.     Make a decision of who will sell your home Many people may prefer to use a traditional high street real estate agent. Another viable option which would potentially save you money would be using an online real estate agent or even selling privately if you believe you can do it. Of course there will be pros and cons to…