Landlords – Changes to Buy-to-let today and in future years From 1st April 2016 – Last Friday saw the Stamp Duty thresholds increase by an additional 3% for Additional Residential Property Transactions. Purchase Price Band Completions on or after 1st April 2016...
Read moreA survey conducted by LV= shows it now costs parents more money to raise a child than buy the family home. And despite child costs rising to a record £231,843 from birth to age 21[i]. The average cost of raising a child now takes up more than a third (38%) of annual...
Read moreStamp Duty (SDLT) charges are changing for purchases of additional residential properties in England, Wales and Northern Ireland completing on or after 1 April 2016. An ‘Additional Residential Property’ could be a Buy to Let, a Holiday Home or a property purchased for...
Read moreWhat type of property is classed as a ‘House of Multiple Occupation (HMO)’? A HMO has: at least 3 tenants live there, forming more than 1 household there are shared toilet/bathroom and kitchen facilities with other tenants[1] A large HMO is defined as: the property...
Read moreCambridge’s local newspaper, the Cambridge News, reported on Saturday 19th March 2016, that the city of Cambridge house prices have risen faster since 2010 than any other town or city in England or Wales[1]. According to data from the Office for National Statistics...
Read moreAccording to the Sunday Times newly-published guide ‘Best Places to Live 2016’, De Freville Avenue in Cambridge has been given this award based on its location in the city and its proximately to flourishing “café culture”. The villages of Great and Little Abington...
Read morehttp://www. cambridge-news. co. uk/Road-narrowly-misses-Best-British-High-Street/story-28270017-detail/story. html http://www. cambridge-news. co. uk/Road-narrowly-misses-Best-British-High-Street/story-28270017-detail/story. html We are proud to be members of...
Read moreTurney & Associates is located on Covent Garden, off the busy, proudly independent and cosmopolitan Mill Road in Cambridge. Mill Road is one of the main arterial roads into the historical city centre of Cambridge and Covent Garden is situated nearer to the area of...
Read moreEquity release is a way of getting cash from the value of your home without having to move out of it. The value or equity you have in your home is its open market value less any mortgage or other debt held against it. Although the value of houses has risen over the...
Read moreIn the final months of your current fixed or discounted rate, it is time to contact us here at Turney & Associates to avoid paying your existing lender’s standard variable rate for your Residential or Buy to Let mortgage(s). We would be pleased to discuss your...
Read moreDue to high competition in the mortgage market, the number of products available has soared, however you still want to know that you are getting the best deal. It is vital to assess the overall value of a mortgage, i. e. the initial rate and any fees for obtaining...
Read moreThe number of interest-only borrowers who chose equity release as the answer for their debt rose by a high 68% last year[1]. According to a study by Age Partnership, in 2014 1,605 interest-only borrowers took the option of equity release, which soared to 2,697 in...
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