Shared equity lender Proportunity has launched a pilot with a small group of estate agencies including Jeremy Leaf & Co and Edward Ashdale. The lender offers home buyers equity loans to help them onto the property ladder with deposits as low as 5%. Proportunity’s loans sit alongside a traditional mortgage in a
Buyers across the UK are paying over the asking price for their properties, as the current demand to move combined with a lack of available homes has resulted in competitive bidding wars.
More than a third of property sales were subject to multiple offers during the first three months of 2021, according to research by Hamptons.
A huge 36 per cent of homes sold by the Countrywide estate agent group, which has 58 offices nationwide, received offers from at least three buyers.
London is the UK s least competitive property market at the moment - although more than a quarter of sold properties in the capital have still had offers from three or more buyers
I let my buy-to-let flat through an agent on a one-year tenancy agreement and paid them 7 per cent commission for references etc. Now the agreement is about to end in a month’s time and the tenant wants to renew for another year.
My lettings agent tells me I have to pay 7 per cent commission for a new one-year agreement. Is this correct?
Letting agents usually insist on landlords signing an agreement before finding a tenant
MailOnline Property expert Myra Butterworth replies: It is may be tempting to sign up to a letting agent without reading your contractual agreement with them.
London may be deep in lockdown but the housing market has still managed a strong start to the new year. The average asking price of a property in the capital is now £604,000 according to the latest figures from Rightmove. But it is the suburbs which have seen the biggest price surges, as buyers clamour for more space – inside and out – for their cash. Where are house prices