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Buy To Let Investors, Selling UP

Has Buy to Let had its Day? So many Investors or would be investors had a strategy that was on track and then new UK tax laws were introduced. The idea of buying a property now needs careful thought as Interest rates are still low.  With inflation rising interest rates will go up and the spare cash required to secure a robust property investment has to now work even harder. Many Investors are moving out of the expensive cities and using the equity to buy property in the North of England where pricing is lower and yields are higher. New laws mean that management companies if they do their job well can support these investors since they will need a hands off investment plan. Other new Buy to Let Investors are selling up and looking for new ways of investing. The new way of course is peer to peer but still have that property influence. Investors can enjoy high yields, hands off investments without the hassle. The single risk is having a loan that defaults. Much the same ...

Moving House Or Remortgaging

Moving House If you are moving house then you may want to consider using the same Solicitor for your sale and purchase. Choosing the right Solicitor can depend on criteria specified by your Mortgage Lender.  Many Mortgage lenders stipulate that you use a Conveyancer that is on their approved conveyancing panel. Good News! You can go online to the Homebuyer costs conveyancing calculator  and compare cheapest conveyancing fees and disbursements costs by price, location and by Mortgage Lender.  In your own time you can review the detailed conveyancing costings and decide which property Solicitor to choose. Knowing how much conveyancing will cost before you instruct is so important. Once your offer is accepted on a property you will need to order a Homebuyer Survey and valuation from a RICS Surveyor . You can do that easily by visiting the Homebuyer Surveying website. Remortgaging Some Mortgage Lenders do provide free legals so please do check b...

Flexi Smart Contingency House Insurance For UK Homebuyers

UK Homebuyers Can Look Forward To A Smooth Exchange Homebuyers are often contacted by a Solicitor when exchange of contracts is planned.  The Solicitor needs sight of a valid building Insurance policy for the planned property purchase.  Lender Requirement - Building Insurance  A lender requirement is that Building Insurance is provided by the Buyer on exchange of contracts. Avoid Delays This requirement can cause delays and Solicitors cannot move to exchange unless they have seen sight of the building Insurance.  If the Buyer already owns a property, then they would need to contact their insurers and discuss what would be required to get this new property covered. This situation doesn’t provide the Homebuyer with an opportunity to make an informed decision on which Insurance company to use going forward simply because the property may not get to exchange of contracts. Innovative Flexi Smart Contingency House Insurance opens doors for a s...