Buying a new build house in Telford

Buying a house is always an exciting stage of many people’s lives especially when it is a new-build property since you can personalise it to your taste and style. Depending on the builder, you may have the option of different flooring, tiling and bathroom fittings. As a young family, it also helps alleviate stress as […]

Bridging Loans

What you need to know. Bridging loans, also known as bridge financing or gap financing, are short-term loans that are usually used to bridge the gap between the purchase of a new property and the sale of an existing property. These types of loans are often used by real estate investors, developers, and homeowners who […]

Changes to Help to Buy: Equity Loan 2021

The Government has confirmed that the current Help to Buy: Equity Loan Scheme will be available to First Time Buyers and homeowners until March 2021.  Help to buy changes: Am I still eligible? Using the Help to Buy scheme, you can borrow up to 20% of your newly built home so that you will only […]

Purchasing a Leasehold house: Is it worth it?

A Leasehold property means that you have the right to occupy the property for the number of years attached to the lease. Once the lease comes to an end, the ownership of the property is returned to the landlord. This contrasts to purchasing a freehold property, where you own the land and the property outright. […]

Mineral Rights: New Build Developments

Mineral rights are defined under Section 132 of the Land Registration Act 2002 as any seam of minerals or substances in or under any land, and the rights to work and mine any such minerals or substances. The owners of mineral rights can differ from the landowner. This can be revealed within the title deeds […]

Online Estate Agents followed by Robotic Auctioneer

On 12th December 2018 the Law Gazette released an article labelled ‘Robot auctioneer sells first UK property in binding transaction’ showing how a property in Britain was the first to be sold by an automated auctioneer. The property was valued at £400,000 but was later sold at auction for £475,000. The whole auction was handled […]

Stamp duty abolished – what it means to you

ORJ’s new build specialist Sukhvinder Sandhu explains what the Chancellor’s latest announcement means in reality. The Chancellor Phillip Hammond has delivered the 2017 Budget in which he said: “The dream of home ownership should be a reality for all generations” and in line with this has abolished stamp duty for first-time buyers for house purchases up […]

All things Help to Buy

In recent years, the Government has introduced two schemes to help purchasers progress in the property market. Help to Buy ISAs were introduced to help boost a first time buyer’s savings pot. Individuals who meet certain criteria are able to claim a bonus from the Government towards the dreaded lump sum deposit that so many […]

Shared Ownership

What is Shared Ownership? Shared Ownership is a scheme introduced by the Government which allows buyers to purchase a share in a home they would otherwise be unable to afford. The arrangement is designed to assist those on lower incomes to become homeowners. The share in a property which buyers can purchase ranges from 25% […]

Stamp duty abolished for first time buyers – what it means to you

Chancellor Phillip Hammond has delivered the 2017 Budget in which he said: “The dream of homeownership should be a reality for all generations” and in line with this has abolished stamp duty for first-time buyers for house purchases up to £300K. Over the next 5 years, £44 billion will be provided to support the housing […]