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The introduction of new mortgage affordability rules last year restrict mortgage lenders lending unless they are certain that applicants are able to afford their mortgages even when interest rates start to rise. What does this mean for older buyers? To get a mortgage older applicants have to prove their retirement income from state pension […]
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Buying at auction is exciting and potentially rewarding if you can bag the property you want at a bargain price but it is also a frightening and potentially expensive experience for the unwary. If you follow these tips you will have at least a fighting chance of coming out on the right side. Finding an […]
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A comprehensive ‘Property Dictionary’ to help you understand the jargon whether you are selling, buying, renting or letting. Asking Price The price suggested by the seller and but usually considered to be subject to bargaining. Buying Agent Buying agents are people or companies that offer to buy property on behalf of another party. There is usually a […]
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