What is an ‘AIP’? An ‘AIP’ is an abbreviation for Agreement in Principle, sometimes called a Mortgage in Principle. It is the first step, and a simple way, to find out how much you can borrow from a lender to buy or remortgage a home, without a full credit check. Think of it as... View...
We know that buying your first home is exciting. Your hard work and saving finally pay off when you get the keys to your home, but there are still things first time buyers moving in during the colder weather need to be aware of. Take a read of our tips: 1.... View...
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You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property. SDLT only applies to properties over £250,000. There are three rates of stamp duty for residential property, with a standard rate for people who own one property, a surcharge for those who own multiple properties and a relief element for first time buyers.
For more information visit the .Gov website HERE
