Property Solutions to Sell Your House Fast For Market Value
If a seller lied on their property information form the seller may be liable to pay damages to the buyer for misrepresentation. But it’s important for buyers to beware and to do their own due diligence by carrying out a survey, searches and other checks to make sure the property has no issues.
You may own an ex-council house and you might be wondering if it is worth extending it. Ex-council house or not, the same question applies to extending any property. For any building work that’s done on a property, it’s about weighing up the cost of building an extension vs the additional value the extra space […]
Most ex-council houses are freehold properties, which means you’ll have permanent and absolute tenure over the land and property included on the title plan, which means you will have freedom to dispose of it at will. But many council houses are bound by restrictive covenants you need to abide by.
To avoid the pitfalls of buying rural land and what you need to know includes to make sure the land is in good condition with good drainage, to make sure the boundaries are clear and these match the legal title plans and that you have access to the farmland to a public highway for vehicles.
Estate agents will allow gazumping, but the decision to gazump is not made by estate agents but by sellers. Estate agents are legally bound to put all offers and viewing interests forward, but it’s the seller’s decision whether to accept any new viewings or offers after already accepting an offer.
If your offer is accepted by a seller who is still looking for their next property, you are better to wait until they find somewhere before you start the buying process and incurring costs. There’s a risk the sellers don’t find a place to buy and you could be left high and dry and be out of pocket.
