Homeownership is now seen as an achievable possibility, with millions of people owning homes across the world. It wasn’t always like this, and it wasn’t until building societies started to spring up in the Victorian era that everyday people could own homes. These building societies created secured loans, but they came with a catch: you only paid the interest for 3 to 5 years, and you paid the principal (the amount of money outstanding) at the end of the loan.
Moving into a care home is a stressful time for everyone, and it’s rarely a decision that’s taken lightly. There are also financial implications that need to be considered before making a firm decision on whether or not to move into a care home, some of which will be covered in this article. In the
It’s always a sad time when you realise that you or a loved one needs to go into care. And then there’s the thorny issue of cost… How are care homes financed? In the UK, care is financed partly through local authorities and partly through private finance – generally, that means those who can afford
On average, estate agents get between 96% and 99% of the asking price (Yopa averages 98%), and little touches can add significant value to your home. But, what do you do if you’ve done all that? A simple name change Okay, so this one is a fairly quick fix. Naming your house can make it much
A house has a lot of memories, whether it’s of time spent there as a child or more recent family get togethers. And when a loved one is just gone, it’s often hard to walk back through the front door. Yet it’s a vital part of the process of getting your loved one’s affairs in
From time to time, we all need help with our living arrangements, but for some, that help may be a daily necessity. What do you do when you need a level of assistance that your partner or your children cannot provide? It’s at that point you may begin to consider assisted living facilities with a
Capital gains tax is a tax on profits, and most people will never need to pay it when they sell a home. This is because if your home is your main residence, you are eligible for private residence relief. In short, any profits you make on your home are yours to keep. Where it gets
So, you’ve bought your first investment house, and you want to flip it quickly and easily. How do you make sure that you can get maximum return on your investment even if you don’t have much money left over? What is house flipping? House flipping means buying a house, increasing its value and making a profit on
Everyone knows the frustration of getting viewings: you do your house up, you ensure it looks as good as it possibly can, the prospective buyer looks around the house for five minutes and then nothing is heard again. That’s the way it goes for a lot of people, and it takes a number of viewings
Is there a good time of year to sell your home? To answer this age-old question, we decided to load up Excel, extract sales data from the Land Registry, and run some fancy calculations against the dataset. Before we get into the findings of our data, we should mention that the reason we’ve analysed Land
Selling your home is often a hard decision, and there are many factors that go into it. We’ve already discussed seasonal factors regarding when you’ll likely get the best price for your home and how quickly it might sell in another article, but we haven’t talked about is when is the best time for you to move.
Accurately valuing a property is a bit of an art form, as our own guide to valuing your own property goes into in some depth. If you want to get a rough estimate, an online house valuation is a good way to go. However, rather than just give you a list of websites where you can value your property,
