What Is The Minimum Salary You Need To Buy a Home

The cost of purchasing a home has seen a notable increase in recent years, impacting potential buyers across the UK. This rise in required income raises questions about

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Do I Need A Solicitor For A Lease Extension?

Considering a lease extension? Wondering if legal assistance is necessary? Read into our guide to find out if you need a solicitor’s expertise for navigating the complexities of

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Renters Reform Bill: Your Essential Guide

The Renters (Reform) Bill, introduced in May 2023, marks a pivotal moment for private renters and landlords. Scheduled for its final House of Commons review in April 2024,

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Can Leasehold Be Changed To Freehold?

Since 1967, tenants with long leases on houses have been granted the right to either acquire the freehold of their property or extend the lease by an additional

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Who Owns A Property When The Lease Expires?

Leasehold arrangements are common in the UK, especially in flats and some houses. Each flat or property is owned by a leaseholder, while the building itself belongs to

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Should I Avoid Buying Leasehold?

Many individuals possess leasehold properties, a form of home ownership known for its complexities. Due to its negative reputation, the government is implementing reforms aimed at reducing lease

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UK Inflation Eases Amidst Declining Food Costs

Inflation in the UK has reached its lowest level in two and a half years, primarily attributed to a deceleration in the rate of food price hikes. According

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What Is The Risk Of A Short Lease?

Short-lease properties are becoming increasingly rare, catching many buyers off guard as they navigate the purchasing process. Among the most affected property types are flats, often leaving buyers

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What Are The Affordability Rules For Buy To Let?

Research conducted by Simply Business suggests that more than half of existing landlords utilize buy-to-let mortgages. This figure underscores the commonality of this financing option within the rental

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Do Landlords Need Special Building Insurance?

New landlords may overlook the need for specialized landlord insurance to cover their rental properties, often required by mortgage providers. Fortunately, there are numerous insurance options to safeguard

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