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How Can I Extend My Lease?

By ms.admin

Extending the lease on your property can significantly increase its value, particularly if you are planning to sell or remortgage. There are two main routes available when extending a lease: Formal Lease Extensions and Informal Lease Extensions.  Below, our experienced team explains the key differences between the two and what you need to know before proceeding….

EWS1 Forms – What you need to know

By ms.admin

Do You Live in a Flat or Apartment? Understand EWS1 forms and Valuations  If you live in a flat or apartment and require a valuation—whether for Help to Buy, Housing Association purposes, Staircasing, a Mortgage Valuation, or any other reason—it is important that you are aware of a document known as an EWS1 form. What This Article…

Nil Valuations

By ms.admin

Could Your Home Be Impacted by a Nil Valuation?  Are you selling a house with Spray Foam in the loft, Japanese knotweed in the garden, or an apartment in a building with safety issues? If your buyer’s mortgage valuation comes back as zero, don’t panic.  A nil valuation doesn’t mean your property is worthless. Far from it. Instead, it usually indicates that the…

Staircasing – how to own more of your shared home

By ms.admin

To buy a shared ownership property, according to gov.uk, both of the following must apply your household income is £80,000 a year or less (£90,000 a year or less in London)  you cannot afford all of the deposit and mortgage payments for a home that meets your need And one of the following must be true:  You’re a first-time buyer …

Selling your leasehold property with a short lease

By ms.admin

I want to sell my leasehold property but I only have a short lease, what are my options? If you are in the position that you own a leasehold property (usually a flat / apartment or maisonette) and only have a short lease remaining your property is likely to be un-mortgageable and you will have…

What is dampness?

By ms.admin

Is your home damp? Don’t know what’s causing it? Dampness in buildings is a very common complaint and one that as surveyors we are faced with on a daily basis, there are usually many causes of dampness and rarely is there a ‘quick fix’ solution.  So when we came across this excellent video from our…

Help to Buy Valuations

By ms.admin

We are pleased to announce that our specialist website www.getvaluation.co.uk is now live where you can get an accurate help to buy valuation For more information on help to buy please click here for more information

Our guide to a freehold purchase

By ms.admin

Have you just brought your property on a leasehold basis? Or maybe you’re looking to gain more control over your home? In the long run, this process can help you gain control of your property, save yourself money on the financial costs and increase the saleability, especially if your lease is running short. Should you…

Property values dropping because of Japanese knotweed

By ms.admin

Japanese knotweed is an invasive plant that is known for the damage it can cause to homes, businesses and gardens. It’s bamboo style stem and roots will destroy all other plants in its surroundings by depriving them of their key nutrients. The roots can also cause damage to buildings and their foundations, but how true…

Is your building properly insured?

By ms.admin

Whether you own a single property or have a vast portfolio, ensuring you have the correct insurance cover for your building is imperative. For private sector landlords, insurance is a necessary business requirement. You may find that your rented properties are at a higher risk than the home you live in. As the tenants do…