What problems do surveyors look for?
Surveys play an integral role in the home buying process, but many people still overlook their importance. Let’s take a look at what surveyors can uncover, why having a survey carried out is often essential, and what to do if your survey flags up issues. Do I need a survey if I’m buying a house? […]
How to remove a name from a joint mortgage
When two or more people take out a mortgage together, they share both the responsibility of repaying the loan and the ownership of the property. However, life circumstances can change, and there may come a time when one person needs to remove their name from a joint mortgage. Let’s take a look at the potential […]
Rent collection: DIY vs. letting agent
Receiving rent in full and on time is integral to keeping your buy-to-let up and running. This is why many landlords opt for managed rent collection services – but how does it work? In this guide, we’ll discuss the differences between DIY rent collection and managed rent collection and how you could benefit from the […]
How to set the right asking price for your property
The most crucial choice you’ll have to make when selling is the asking price, so it’s important to consider it carefully. In this article, we’ll guide you through the process of establishing your asking price to ensure that you get it right the first time. The importance of realistic pricing Initially, you may have considered […]
The landlord’s guide to tax return
As a landlord, it is critical that you understand your tax obligations to remain legally compliant. You are required to pay income tax on your rental income, which is done by completing a self-assessment tax return. Let’s take a look at how to calculate your rental income and complete your tax return. Looking to expand […]
The risks of gifting property
Gifting your property to children or grandchildren is not only a lovely gesture; it also can make financial sense, but there are some risks to be aware of. In this article, we’ll take a look at some of the potential pitfalls of gifting property to help you decide if it’s the right choice for you […]
What to do if your mortgage application fails
Having your mortgage application rejected can be devastating, especially if you’ve got your heart set on a home. But mortgage application failures aren’t uncommon, and you certainly shouldn’t let it discourage you from finding your next home. Let’s take a look at the steps you can take to improve your chances for future approval. Why […]
What is ground rent?
If you’re a leaseholder, you’re probably familiar with the term ‘ground rent’. But what exactly is the purpose of ground rent, and how does it affect you? Let’s take a look at what ground rent is, its legalities, and its impact on property value. Contact your local Ellis & Co branch for expert advice and […]
Everything you need to know about surveys
The last thing you want is to discover a serious fault with the property you just bought. The best way to protect against this is by carrying out a home survey, which can flag up any issues with the home before exchange of contracts. Let’s take a look at the ins and out of home […]
What is a periodic tenancy?
With several types of tenancy agreements to choose from, it can be difficult for landlords to decide which is right for them. Let’s take a look at the specifics of a periodic tenancy, why they are used, and how they differ from other tenancy agreements. What is a periodic tenancy agreement? Periodic tenancy agreements run […]
How do instant online valuations work?
In today’s fast-moving world, time is of the essence. Thankfully, you don’t have to wait around to discover the value of your home, as online property valuations can give you an estimation in minutes. Let’s take a look at what instant online valuations are, how to get one, and how you can increase the value […]
Compulsory Purchase Orders: What you can do
If a Compulsory Purchase Order (CPO) is placed on your property, you may end up having to sell. However, this doesn’t necessarily have to be a bad thing, as wise negotiation and strong legal backing can result in you benefiting from the situation. Let’s take a look at what CPOs are, the reasons why they […]
