Buy for Uni mortgages are now offered by three Building Societies. They allow students to buy a property while at university and pay the mortgage with the rent they charge other students.
Of the 2.3 million students in higher education across the UK, over three-quarters, 1.84 million are students studying on full-time or sandwich courses. The majority require student digs during their studies.
While nearly one in five live at home, 317,300 students, the equivalent to one in six live in their own residence, an additional half million more (531,715) in other rented accommodation. Together these two sectors account for nearly half (46%) of all student digs.
Students can borrow 100% of property value, however the 25% deposit required by lenders is put against their parents’ house and there are limits on the type of property that can be purchased.
Situated in the converted Ludworth Hall in the heart of Marple Bridge is this stunning apartment offering a fantastic finish throughout and great capital growth.
This ready to rent property offers a stunning interior, open plan living space with a vaulted ceiling, two double bedrooms and two separate bathrooms. Perfect for a professional couple wanting the perfect blend of rural and city living, a stone’s throw to the local pubs/restaurants and train station – giving you access to Manchester within 30 minutes.
You would look to achieve a premium figure of £900 pcm for this property due to its internal finish and convenient location.
Currently on the market for £250,000 with Edward Mellor, Marple. Please click here for more details.
Between the 24th October – 29th October at Lyme Park!
Carve the most frightening faces in your very own pumpkin. and take it home to keep the ghouls away. Join us for a session of slightly messy and fun creativity as we transform a pile of pumpkins into scary faces – or whatever you want! Pumpkins, equipment and templates provided, just bring yourselves and your imagination
One of the key things we focus on when we own a home is how to add value to the property and make it more sell-able for the future. However, a question which will also help you to achieve your property’s best potential is what are the top things that will devalue your home? Here are some of the key factors that National Association of Estate Agency (NAEA) members have experienced as having a negative impact on property value.
At £8.32 billion, Treasury coffers netted £750 million less in residential SDLT (Stamp Duty Land Tax) receipts across England in the financial year to the end of April, compared to 2017/18. This is despite just 16,000 fewer transactions taking place.
The number of first-time buyers in
the United Kingdom is now at its highest for over a decade. If you’re one of
the thousands of people who are looking to get on that first rung of the
property ladder, then finding the right home can be a daunting process. Follow
our tips and you could be moving in to your first home in no time at all!
1) Know your limits
Starting your search with a clear
idea of what you can afford is a key aspect in terms of finding the right home.
Oftentimes, first-time buyers are so excited at the thought of starting their
property search that they begin with expectations soaring. Knowing your
financial limit is key; before you start your search, we would recommend having
a mortgage-in-principal approved so that you know exactly what you can afford.
Starting your hunt by looking at homes twice your actual budget will only end
in disappointment and will unduly extend your search – be realistic, set your
limits and keep those finances in mind!
Situated in the local landmark of Springbank Mill in Woodley is this one bedroom apartment, perfect for first time renters.
Offering an open plan living space with kitchen area with ample worktop and storage spaces, a double bedroom and a bathroom complete the apartment. The apartment also comes with a parking space. Springbank Court includes lift access, a convenient location to Woodley train station and other public transport routes.
Currently on the market with Edward Mellor, Woodley for an attractive £89,950.00. If bought at the asking price you would achieve a fantastic 7% yield based on a realistic £525 pcm. Please click here for more details.