How Long Does It Take to release Mortgage funds from a mortgage lender?

How Long Does It Take to release Mortgage funds from a mortgage lender?

As an aspiring homeowner going through the process of getting a mortgage, one of the most common questions is “how long does it take for the lender to release the mortgage funds?” This is an important question, as having access to the mortgage funds in a timely manner is crucial for completing your new property. …

How quickly can conveyancing in Scotland be done?   

How quickly can conveyancing in Scotland be done?   

In Scotland, how long does it take to purchase a home? The conveyancing process can be finished in as little as six to eight weeks from the time your offer is accepted; occasionally, it happens much sooner. Of course, you must also account for the time spent looking for a home and the other preparations…

What time do you get keys on completion day in Scotland?

What time do you get keys on completion day in Scotland?

The conclusion is getting close. The date for concluding the transfer of ownership of your home has been established, and contracts have been exchanged. But what precisely happens on the day of completion? What must you do if you are the vendor or the buyer? Continue reading to learn how the process of purchasing or…

How Long Are You Liable After Selling a House in the UK?

How Long Are You Liable After Selling a House in the UK?

You might be curious about how long you’ll be responsible for any potential issues with the house after purchase if you’re considering selling your home. In this post, we’ll examine how long you are responsible in the UK after selling a home and offer some advice on how to lower your risk exposure. As a…

What Do You Legally Have to Disclose When Selling a House

What Do You Legally Have to Disclose When Selling a House

When you sell a home, there are several items you are required by law to disclose to the buyer. These factors would determine if the buyer decided to move forward with the transaction. This includes any declarations or suggestions, issues with the environment, and structural difficulties. Additionally, it’s critical to document any disputes and complaints….

Do you have to declare damp when selling a house?

Do you have to declare damp when selling a house?

Selling a House With Damp Damp poses significant challenges when selling a property, as it tends to deter potential buyers. No buyer wants to buy a home with damp issues, and it can greatly affect their interest in making an offer. In fact, a study conducted by YouGov revealed that 87% of homebuyers would be…

Property and income tax adjustments outlined in the Scottish budget 2023-24

Property and income tax adjustments outlined in the Scottish budget 2023-24

The Scottish Government has announced a devolved tax and stated that the Additional Dwelling Supplement (ADS) charge for Land and Buildings Transaction Tax (LBTT) will increase from 4% to 6%. Scotland’s equivalent of stamp duty is called LBTT. Both residential and commercial property transactions in Scotland are subject to this property tax. In addition to…

The Significance of new fire alarm and smoke alarm laws while Selling Scottish Homes

The Significance of new fire alarm and smoke alarm laws while Selling Scottish Homes

There have been changes and the introduction of new rules to the fire and smoke alarm that every home must in Scotland comply with. This blog will discuss the interlink of smoke and heat alarms and what you need to do to meet the new standards of the Scottish fire and rescue service.  Changes to…

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