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Shared Ownership

Shared ownership allows the buyer to purchase a percentage of the property with the remaining amount owned by the housing provider. The buyer then pays a mortgage on the share that they own and rent on the remaining percentage. Shared ownership also provides the...

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House prices fall: Is it the right time to buy?

Knowing when to buy a house can be difficult, especially during a cost-of-living crisis. Household budgets remain under pressure from high inflation however, confidence is beginning to returnto the property market as house prices fell 3. 1% on an annual basis in...

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What is Stamp Duty?

Stamp duty is a tax which is paid when you buy a property, the amount will depend on the purchase price of the house. It is crucial that you consider stamp duty as part of your budget if your home is costing a quarter of a million pounds or more. Stamp Duty Rates You...

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What Is An EPC?

An EPC refers to Energy Performance Certificate. An Energy Performance Certificate provides an energy rating for your home on a scale of A-G. A means the most efficient rating and G is the least efficient. An EPC also highlights areas to improve the energy efficiency...

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Should you be in on the remortgage boom?

The number of remortgages have increased by more than a quarter between March and April. Over 50% of borrowers took out a five-year fixed rate product. With rates on the rise, it’s essential you take the time to review your current mortgage. If you’re currently on a...

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Closing tax loophole on second homes

Owners of second homes in England who claim exemption from council tax byreporting them as holiday lets will in future have to provide evidence of actual letting. The current rules allow owners to pay businessrates instead of council tax if they simplydeclare an...

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What eco improvements can add the most value to your home?

To mark this year’s Earth Day on 22nd April, Rated People has revealed that record numbers of homeowners are set to install energy-saving eco home improvements in 2022 in a bid to save money on their bills. Requests for roof insulation increased by 419% in 2021 when...

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Homeowners turn to new builds to beat the gas price rise

A family in a modern home pays 52% less for their energy Rising energy prices have driven homeowners towards new-build properties as older and wealthier buyers spurn properties that have become too expensive to run. Applications for unbuilt properties was 50% higher...

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A Beginner’s Guide to Property Investment

Figures from ONS have shown that house prices in the UK have increased by £31,000 in the past year (2021). Average rental prices are forecasted to increase by 12% from 2020 to 2024. It is estimated that the number of renters in the UK will surpass the number of...

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