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.
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!
I have had the absolute pleasure of placing this stunning and enchanting detached property on the market for sale. This four bedroom family home offers elevated open views over the surrounding Marple countryside and the River Goyt. The property is sitting in a generous sized plot of approximately 1.25 acres and certainly has the absolute wow factor!!
For more information and to book a viewing, click here.
Please also watch my video to get a glimpse of this magnificent home.
Cracks, marks and stains leave the biggest negative impression on prospective buyers during a viewing, with a 76% turn-off rate. This is according to Sell House Fast who surveyed 1,266 people who have been to several viewings over the last year.
Flick through the pages of any
magazine these days or scroll through the popular Pinterest app and you’re
likely to see endless images of chic properties with timeless décor. For those
of us that are blessed to be able to colour-match and accessorise effortlessly,
this is an entirely attainable vision; however, for the rest of us who are a
little more challenged in the decorating department, it can be tough to know
where to start. Read through our basic guide to decorating and we will provide
you with some guidelines which are sure to help you turn your home in to a real
Property owners across the UK have spent almost £8,000 each on home improvements over the last five years, a staggering £48 billion in total, according to new research by the National Association of Estate Agents.