Buying a house is a huge decision, and at David James, we know you’ll have a lot on your mind when checking out potential properties. Asking the right questions can help make sure you find a home that’s just right for you. Is the location right for your lifestyle? Location is everything when it... View...
Navigating the property market can be tricky, especially with all the jargon. Whether you’re new to buying a home or a seasoned homeowner, it’s important to understand key terms like freehold and leasehold. Here’s our straightforward guide to these two types of property ownership. What is Freehold? With a freehold property, you own both... View...
The housing market heatwave across Great Britain continues this month, as temperatures soar up and down the country. Property portal Rightmove reports that asking prices have hit a record-high for the sixth month in a row, rising by 0.4% (+£1,354) to £369,968. In London, the average is now £692,828. You can find out the value... View...
Money Expert, Martin Lewis, has issued a warning to homeowners and advises paying a booking fee to secure the best mortgage deal now amid the cost of living crisis. Returning to our screens, the finance expert calls the current situation a ‘ticking time bomb’ and said homeowners should: “Prepare in advance and... View...
Moving to a new home can be exciting, it can also be stressful times if you don’t do any planning. Read on for 5 Top Tips To Prepare For A Home Move You always think you have more time than you actually do and it’s easy for things to start to fall... View...
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...
For most of us, the most expensive thing that we ever purchase will be a property, and the prospect of saving for that all-important deposit can be rather daunting. However, the key to saving for that lump sum is simply good financial preparation and making a few changes to your outgoings which should reap big... View...
From the start of the new tax year (April 6th) Landlords will only be able to claim lettings relief if they share the property with their Tenant. Currently if you sell a residential property which used to be your private residence (and have subsequently rented it out), it is possible to deduct lettings relief up to a value of £40,000 from any capital gain.... 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
