What does "Subject to Contract" mean?

  Q.        My agent has written to me on a number of occasions about various different things and always seems to add the phrase “Subject t o Contract.” Why?   A.         Many...


Do I need my Building Societies permission to let my home?

I am thinking of renting out my home. Do I really have to inform my building society? The short answer is, yes - for the simple reason that ordinary residential mortgage agreements invariably require it. Failure to do so would therefore put you in breach of the terms of your...


Market Value vs Building Insurance Value

  Q. There seems to be quite a discrepancy between the market value of my home and its insured value, and I’m concerned that I may not have adequate cover. A. The market value of a property, and the value that is put on it for insurance purposes, are two very...


Estate Agents and Letting Agents Boards

  Q. Are there any rules governing estate agents’ boards and the way they are used? A.There are indeed – courtesy of the snappily-titled Town and Country Planning (Control of Advertisements) (England) Regulations 2007! These lay down pretty stringent...


Is Buy-to-Let a Viable Option?

  Q. In his will, my late father left me a sizeable lump sum, which I want to put to work. Is buy-to-let a viable option? A. Absolutely, yes! In fact, after a bit of a slowdown in the immediate aftermath of the credit crunch, the buy-to-let sector is booming once again...


Still not sold after 6 months!

Q . My house has now been on the market for almost 6 months, without success. Help! A. There is no denying the fact that the market is a lot tougher right now. Even allowing for that, however, 6 months is a long time. So – assuming, of course, that you’re still...


House hunting - where to start.

What advice would we give someone who is just starting their search for a new home? The first thing I would say is that if you are serious about moving, and you have the necessary funds at your disposal, then now is actually a really good time to be looking. There is a lot...


First time buyers. To buy or not to buy?

I am thinking of buying my first property, and the deposit isn’t a problem - but with the market the way it is, surely it’s better to wait? To buy or not to buy – that is the question! If you are not actually under any particular pressure to buy now, then why...


  Prime property prices see slight rise in November The prices for prime properties in the UK saw a slight rise in November, as prices improved compared to the month prior. According to the latest figures from Prime Location, the price of prime properties across the...