Blog posts categorised: Property

Right to Buy

Right to Buy

The Right to Buy Scheme… …allows council tenants to buy their properties at a big discount. This scheme was introduced in the 1980’s and allows you to apply to purchase your council house if you meet the following criteria: It’s your only home; Its...
What is Help to Buy?

What is Help to Buy?

The Help to Buy is a government backed initiative which is designed to help people get onto the property ladder or buy a new home without a large deposit. The most common Help to Buy scheme in England is the Help to Buy Equity Loan (England). In 2018 it was reported...
“Help to Buy”: Is it helping?

“Help to Buy”: Is it helping?

Help to Buy Options For many home buyers one of the biggest hurdles to becoming a home owner is gathering that vital deposit together. Help to Buy mortgage schemes were introduced to overcome this and to give thousands of people a foot onto or up the property ladder....
The Tenant Fees Act 2019

The Tenant Fees Act 2019

With the average house price sitting around £125,397, in the North East, it is no surprise that the market has created a generation of renters.  Insufficient levels of home building has succeeded in driving up the price of a first time home to something not easily...
Solar Buyback –  Is it worth it?

Solar Buyback – Is it worth it?

Thomas Edison said “I’d put my money on the sun and solar energy… I hope we don’t have to wait until oil and coal run out before we tackle that.” There are currently 1.5 million homes in the UK with solar power systems, putting Britain fourth in the European solar...
What is Help to Buy?

Getting on the property ladder

How to buy a house with no deposit Often one of the biggest barriers to owning your own home is getting that all important deposit together. The Post Office believe they have come up with a solution to this, helping first-time buyers get on the housing ladder. The...

Are you eligible for a Power of Attorney refund?

Recently, the Ministry of Justice disclosed that almost 2 million people could be entitled to a partial refund of their power of attorney registration fees. Refunds are available to those who made applications to register Lasting Powers of Attorney and Enduring Powers...
The Tenant Fees Act 2019

Leasehold Property

A recent article from the Newcastle Chronicle highlights the importance of obtaining advice when it comes to purchasing a leasehold property. In this case homeowners in the affected streets need to extend their leases. Many mortgage lenders will refuse to advance...

Chancellor Announces Relief for First Time Buyers

Chancellor Philip Hammond yesterday delivered a hotly anticipated budget where he revealed relief for first time buyers by limiting the amount of Stamp Duty they will pay on their first purchase. Hammond hopes that a change to the Stamp Duty Land Tax (SDLT) will...