I’m buying a house with a restrictive covenant for a homeowner. What does this signifier?

I’m buying a house with a restrictive covenant for a homeowner. What does this signifier?

Covenants are rights or limitations that govern how to make use of a piece of property. They can be positive or negative and are transferred with the title to a new homeowner. ‘Restrictive covenants’ tend to be beneficial and can be located in both ownership and leasehold titles. These are regulations prohibiting certain uses of…

Does a sea view add to the value of your house price?

Does a sea view add to the value of your house price?

As we all understand, internal features such as a brand-new bathroom or an open-concept kitchen can surely increase the value of your home. However, it’s not called location, location, location for nothing, and if you are fortunate enough to own a home with a sea view, you can anticipate a substantial increase in property value….

What is Gazundering?

What is Gazundering?

What is Gazundering? We are all familiar with the notorious method known as gazumping, in which a house seller accepts an offer for their property despite having already sold it to another party (subject to contracts being exchanged). But not all estate agents act unethically. Try and avoid being gazundered. gazundering is when a buyer…

Does my solicitor still have work to do after my property purchase is complete?

Does my solicitor still have work to do after my property purchase is complete?

For the majority of buyers, their conveyancing transaction is complete on completion day (when they buy a property), or the day you move into your new home which is the day of completion. It represents the goal you have been striving towards and the end of all legal actions. But in reality, your solicitors or…

Seven steps as a guide to buy your first home

Seven steps as a guide to buy your first home

I’ve agreed to purchase my first property; what’s next? Moving is distressing for everyone, regardless of their level of experience. To clarify the home buying process for a first-time buyer, we have broken down a typical purchase price into seven step-by-step guide to buying your first time home, outlining what must be accomplished before buying…

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