If you possess a leasehold property its ownership will revert to the freehold owner (landlord) when the lease expires. While leases are often renewed, this is not guaranteed.
Ever had a property sale fall through? 1/3 of sales do, so there’s a good chance you have. A cash buyer like Open Property group can be a godsend because they reduce the chain.
Retiring is an inevitable part of life, it bringing with it its own unique costs and expenses. Property often holds a lot of funds that need to be accessed to cover the twilight years.
People often underestimate the stress that comes with dealing with an estate after the death of a loved one - particularly when that involves an inherited property. Between sad memories, house clearances and tied up capital the process can be tough.
Getting on the property ladder is hard and the government Help-to-Buy scheme will stop by 2017 but there are still ways to step onto the first rung, particularly if parents decide to downsizing and provide the deposit.
Getting divorced is a sad reality for many couples and can lead to animosity and stress. Property is often a big sticking point in the process and deciding what to do with the house is an important step.
We share some top tips on how to best describe your property with local amenities and infrastructure in mind.