Buying a leasehold flat; how to avoid the problems with high service charges or costly repair bills.
What to look for when you're buying a leasehold flat; how to avoid large repair or service charges.
Have you ever read a lease? If you havenâ€™t, youâ€™re not alone. Every year thousands of people buy leasehold flats without having much idea of what theyâ€™re letting themselves in for. In many parts of England and Wales, if you want to buy a flat, the only option is to buy one thatâ€™s leasehold. The lease is the legal contract you sign up to when you buy but many people don't see a copy of theirs until after they've bought the property.
Getting the best from an estate agent: how to get an estate agent on your side.
If you're buying a property, you can still get the seller's estate agent to work for you.
Many of us find out whatâ€™s available and how far our money will go by searching online. But when it comes to getting to the front of the queue for properties coming on the market, itâ€™s worth remembering that buying and selling houses is still a â€˜peopleâ€™ business. Estate agents are paid by sellers but you can still get them to work for you, if youâ€™re a buyer. Estate agents Iâ€™ve spoken to all say the key is to meet them face-to-face.
How would Nick Cleggâ€™s â€˜pensions for propertyâ€™ idea work?
Nick Clegg says he wants parents and grandparents to use their pensions to make mortgages more affordable. How?
On Sunday Nick Clegg, the deputy prime minister, announced that the government wanted to let parents and grandparents use their pensions to help first time buyers onto the property ladder. To say the details are vague is an understatement, but from the information thatâ€™s available, I think itâ€™s fair to say that thereâ€™s a reasonable amount of scepticism about how it would work.