Repossessed properties and unhelpful solicitors
Repossessed property, it’s almost like a dirty word when your new client tells you that they intend to purchase one. The transactions are often fraught with difficulties and time constraints and more time is spent chasing outstanding points than in any other transaction, but why do our clients want to buy them? Dream home without […]
Solar panels: One more barrier for buyers?
Potential buyers are being urged to use caution when viewing properties that have solar panels fitted, according to RICS. Mortgage applications could be declined where the property’s roof space has been leased to a solar panel company. Buyers are already struggling to obtain the necessary mortgage finance needed to buy their new home but Banks […]
Record rainfall highlights future insurance issues
Over the past month the UK has seen record levels of rainfall, nearly twice that which we would normally expect for April. As of May 4th, the Environment Agency still has 82 flood warnings in force, 21 of these alerting homeowners that immediate action is required. Properties in flood risk areas can suffer devastating affects […]