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Archive for the ‘conveyancing’ Category

To Buy Or Not To Buy

Wednesday, June 6th, 2012

Avoid Conveyancing Costs by Renting

If you’re looking to relocate, or perhaps move into your first property, it can be difficult to know whether you should buy or rent.

It’s a tough question, as there are positives and negatives to both sides of the argument.

Buying will give you an asset once you’ve finished your repayments, but renting often has extra flexibility, and could even work out cheaper in the long run.

If you do choose to rent, you won’t need to worry about maintenance, upkeep or conveyancing costs either.

On the other side of the coin, you will be more restricted in terms of decorating or any extensions you may want to add to the property.

While a tracker mortgage may seem appealing at the moment, as you will be actually own the property once your repayments are complete, the rates for these are likely to rise soon in order to counteract the effects of inflation.

This means it may actually work out cheaper to rent in the very near future.
The choice of whether to buy or rent is always a personal one, and the answer often depends on individual preferences.

If you’d prefer to be free to move around, renting’s probably a good option. If you’d rather settle down, buying a home is a good way to do so.

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Hiring a Conveyancing Advisor For The Sale Of Your Home

Friday, September 24th, 2010

You may be aware that a conveyancing advisor would be an indispensible person to contact when you are planning to sell your home. Lots of legal formalities are inevitably associated with a quick house sale. Thus, do not compromise on this point. A lawyer is capable of handling several legal issues that an amateur person is unable to handle effectively.

Therefore, consulting a legal advisor is almost unavoidable when you are looking for a quick house sale. You can get across an eligible person for your requirement by dint of an online search.  Many realty agencies now offer services for domestic house sales too. You can take help from them alternatively.

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How to Sell a House Fast Even When Using Conveyancing Solicitors

Monday, August 9th, 2010

Selling a house quickly when using conveyancing solicitors can be a difficult proposition. However, it is not impossible indeed. One of the greatest factors for a quick house sale is disassociating you and your family fast from the possession. It needed to be done both materially and psychologically.

Handle your emotions and try to consider the home as a product you are going to sell. A quick house sale largely depends on how fast you are in evacuating the house. Manage it systematically and handover the keys to the new owners within time. Try to finish over the legal formalities speedily so that you are able to sell your property fast.

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Conveyancing Solicitors Or Lenders Or Whoever, When It Comes To House Price Reports: It's A Finger In The Wind Jobbie

Wednesday, July 21st, 2010

We, like you, know that every few weeks, month or quarter there are new and conflicting house price reports out from estate agents, lenders, conveyancing solicitors and institutions. One will say prices are up, the other static and another down, leaving you to choose which way you think the market is heading. The latest report is from the Royal Institute of Chartered Surveyers (RICS) who say for the first time in a while, house prices are actually dropping.

This has, of course, made the news channels, press and media sit up and comment on what this means for the economy, raising the rather obvious question of the double dip recession. But not everyone in the info game thinks dropping prices are bad news, Tracy Corrigan of the Daily Telegraph has written a great article on why it could be just what the country needs, check it out here…

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Rural Property Prices At 12 Times The Average Income

Monday, July 12th, 2010

We know the tale of ‘City-folk buying second homes in the countryside and prices rising as a result and youngsters being forced out because they can’t afford to stay’ is an old one. But when you look into this issue, it does reveal some scary numbers, such as the average house price in some rural areas being 12 times the average income and a typical countryside property mortgage requiring the appliant to earn at least £66,000 per annum.

With the average income of people in rural areas at just over £20,000, it’s clear to see why this is a problem. Add to it the surge in property values over the last decade, as mentioned in a HFC post last week, and it becomes even tougher for young wannabe home owners to get a foot on the ladder in their back yard. BBC’s Newsbeat have done a nice little piece on this, if you fancy reading more you can check it out here…

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Conveyancing Solicitors Wait For Resurgence Of Housing Market

Friday, May 21st, 2010

If you are looking to make a quick house sale fearing a sudden decline in prices, it is best advised you hold off. This is because although prices may be down right now, it is only because this is a common occurrence after elections.

The property market and conveyancing solicitors too are keenly watching what happens with the new government once it settles in so prices have dipped. Even though experts state the market will be stagnant for the rest of the year, if you hold off on selling your house, prices will certainly rise above the present levels. It is all a matter of a little patience.

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Conveyancing Solicitors Have Less To Do As UK Housing Market Fluctuates

Monday, April 5th, 2010

The supply of houses is more or less inelastic in UK with conveyancing solicitors seeing less work than ever before. The prices of the houses are unresponsive to the fluctuating market prices. There is less number of homes being built as a result supply increases very slowly. Therefore a small change in demand will affect the prices of the house drastically.

A little increase in demand will result in a great rise in the price. The demand again is influenced by several factors like the interest rates, incomes of the people, increment in the population. Besides these all, there are two more reasons affecting the prices of the houses in UK. Those are the availability of mortgage houses and interest of the buyers to buy more houses to earn profit in the future.

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Conveyancing Data From RICS Shoves Sterling Below $1.50

Monday, March 8th, 2010

Just shows what an impact the UK housing market has… the Royal Institute for Chartered Surveyers (RICS) reported a dip in house prices last month and shortly after Sterling dipped below $1.50. The RICS data, gathered from conveyancing specialists, showed a drop to +17% in February from a +31% in January based on year-on-year figures.

February’s housing market prices decline is the most severe one-month fall since way back in April 2008 and as a side effect Sterling fell 0.4% to a 10-month low of $1.4781. Not good for anyone hoping the economy was back on track or if you’re looking to go on holiday and need some foreign exchange.

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