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.
If your seller lied about being chain free and said there’s no onward chain you can pull-out of the purchase of this property, or continue to completion on the basis you’ve invested time and costs in the conveyancing process. Otherwise you’ll be back to the beginning and costs will have been wasted.
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.
Maisonettes Vs Houses Vs Flats: House are usually freehold vs maisonettes or flats are normally leasehold. Houses tend to have their own gardens and lofts, whilst maisonettes and flats share gardens and only top floor maisonette have lofts. House owners don’t share the cost of the building, whereas flat and maisonette owners do
Estate agents should take a property off the market immediately after your offer is accepted and should update the Rightmove status to “Under offer sold STC” and update their website too. If the estate agent don’t take the property off the market wait to proceed with the purchase until they have.
