Remortgaging to Repay Your Help to Buy Loan – How ORJ can help
Categories: Conveyancing, New Build, PropertyRemortgaging to Repay Your Help to Buy Loan – How ORJ can help If you purchased your home using the Help to Buy equity loan scheme, you may now be considering your options as your circumstances change. Many homeowners reach a stage where remortgaging to repay their Help to Buy loan becomes an attractive and […]
Advice for families stuck with unsellable retirement properties
Categories: Conveyancing, PropertyConveyancing expert Nicola Fury has offered advice to families facing crippling bills after inheriting hard-to-sell, age-restricted retirement homes. A BBC investigation found that families are struggling to sell retirement homes they have inherited – even when they slash the price by six-figures or more. In an already challenging market, buyers can be put off if […]
Flood Risk in Telford, Shrewsbury and Shropshire
Categories: News, PropertyWhen purchasing a property in Telford, Shrewsbury or Shropshire you may want to consider whether that property is within a flood risk area, particularly those that may be in close proximity to the River Severn. Our expert conveyancing team carry out an Environmental Search as part of their standard searches against a property in Telford, […]
Buying a new build house in Telford
Categories: Conveyancing, New Build, PropertyBuying 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
Categories: Conveyancing, News, PropertyWhat are bridging loans? Bridging loans – also known as bridge financing or gap financing – are short-term funding solutions that bridge the gap between the purchase of a new property and the sale of an existing property. They ensure developers can move quickly to secure and develop properties. They are also used by real […]
Estate Rentcharge Issues With New Properties
Categories: PropertyNew properties are often subject to an estate rentcharge. However, if a buyer is not careful, they could find themselves subject to a rentcharge that puts them and their lenders at risk. In addition, rent charge can cause significant delays when a homeowner comes to sell their property. What is an Estate Rentcharge? An estate […]
Seeking justice without risking everything
Categories: Disputes, PropertyHow we can help you unlock the legal system, by Mike Smyth Justice should be for all. But we all know that it doesn’t work that way sometimes. You may have a strong case in theory – but unless you have the means and the confidence to risk everything in a costly court case, you […]
Early signs that the property market could soon return to some normality
Categories: PropertyWith today’s announcement from Nationwide that they will now be extending the expiration dates of all mortgage offers, there are signs that the property market could soon return to some normality. Nationwide have announced that almost all mortgage offers will be applicable to apply for a 90-day extension. Should your mortgage offer be due to […]
Changes to Help to Buy: Equity Loan 2021
Categories: Conveyancing, News, PropertyThe 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 […]
What are the benefits of shared ownership?
Categories: News, PropertyUpdated: 02/09/20 With even ‘affordable housing’ seemingly out of reach for many buyers, is shared ownership is the solution? There are thousands of people out there who desperately want a home to call their own. For many of them, the phrase ‘affordable housing’ has an ironic ring to it because, as hard as they try, […]