Index of Articles
What is a chartered surveyor?
Surveyors are highly-trained, property professionals who can offer expert advice on the value and condition of a building. Chartered is the mark that shows a surveyor has achieved the ‘gold standard’ of professional competence. In the UK, they are usually members of the Royal Institution of Chartered Surveyors (RICS).
What is a mortgage valuation?
Mortgage valuations are not in-depth surveys. They don’t take long (about 15 to 30 minutes) and involve only a brief look at the property to assess its value. The valuation report is prepared for the benefit of your lender – bank or building society – and not you, the borrower, even though you may have to pay for it.
What is a conservation area?
A conservation area is a neighbourhood of special architectural or historic interest “the character or appearance of which it is desirable to preserve or enhance” (Section 69 of the 1990 Planning Act, Listed Buildings and Conservation Areas). Typically, conservation areas are in historic cities, towns and villages, 19th century suburbs and large country estates. About 10,000 have been designated since the concept was introduced under the Civic Amenities Act 1967.
Local Surveyors Direct discusses what a listed building is and how to navigate the challenges of buying a home that is also part of the nation’s heritage
With the size and density of our urban centres increasing all the time and the competition for building plots in towns and rural locations on the up and up, we all need to come to terms with living in a more crowded environment. There are many social and practical advantages to living near to others, but there are some downsides too. As the concentration of people, transport, industry, hospitality venues and just about everything else imaginable increases, more and more of us are feeling the effects. Not just feeling them, but hearing them too. More and more people are stating that nois
WHAT IS THE NEW LIFETIME ISA? SAVE FOR A FIRST HOME AND A PENSION.
With rising property prices, first time buyers are finding it increasingly difficult to save for a deposit without asking parents for help. The new Lifetime Isa has been launched by Government as a way to get a foot on the property ladder and save for a pension at the same time. So how does it work and what is the catch?
A property solicitor or conveyancer needs to be instructed by the home buyer or seller to handle all the legal side of moving.
Every house purchase is different but in general they deal with drawing up contracts, transferring money during a house sale, stamp duty payments and the Land Registry.
Ten years ago, most people saw a local solicitor in their high street. Today is more choice. In addition to traditional lawyers with training in different aspects of the law, there are also licensed conveyancers who have less legal training but specialise in property.
Many people buy properties without having the electrics checked out. But is it a risk worth taking? Some home buyers feel it is another bill at an already expensive time while others think it is unnecessary, especially if the property is modern. But the reality is, regardless of the age of the property, it is impossible to be sure if the electrics are safe, or need upgrading, without inspection and testing by a registered electrician. Electricity is the major cause of accidental fire in the UK, so it is important to check if there are any defects or deterioration which could be dangerous.
HOW TO SAVE FOR A DEPOSIT
Home ownership has fallen to its lowest level in 25 years, partly due to rising deposits required to get a mortgage. House prices are more than five times the average wage - up from three in 1997. Unless you have family willing to stump up large cash sums, raising the deposit can be the biggest hurdle to homeownership. So how can you save for a deposit?
“A journey of a thousand miles must begin with a single step.” Chinese philosopher Laozi (c 604 bc – C 531bc) in the Tao Te Ching, chapter 64.
TEN TOP TIPS TO SELL YOUR HOME
First impressions really do count when it comes to selling property. Most prospective purchasers know if they want to buy a home within a minute or two of walking through the front door.
So what can sellers do to boost the attractiveness of their homes without spending a fortune? Follow these simple steps to present your home at its best.