Monika Grzankowska

What is the difference between leasehold and freehold property

What is the difference between leasehold and freehold property?

When you begin searching for a new home, you are likely to notice that properties are marked as either freehold or leasehold. Whether you choose a leasehold or freehold property can have long-term implications and it’s important to understand the differences between them. Let’s find out more… What does freehold mean? When you buy a …

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house survey or snagging list

Home Survey or Snagging List: Which Is Best for a New Build Property?

One of the great things about buying a new build property is that… it’s new! For this reason, there shouldn’t be the structural problems or other issues you may come across with older buildings. However, you shouldn’t assume absolutely everything will be perfect. Often, builders overlook small details when finishing new builds and it’s irritating …

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valuations probate

Probate Valuations: How to Establish an Estate’s Value

‘Probate’ is the term used to describe the legal process for managing a deceased person’s estate, which often includes their property.When someone passes away, you will usually need to get a probate valuation to ensure the correct inheritance tax is paid, or face problems with the HMRC later down the line. At this difficult and …

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subsidence

What to do if you think you have subsidence?

If you’re thinking of buying a house, it’s highly likely you’ve come across the term ‘subsidence’. It’s something that homeowners and potential buyers are wary of, with good reason. But what should you do if you suspect a property has signs of subsidence? Encouragingly, it doesn’t necessarily mean the end of your property ambitions. What …

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JAPANESE KNOTWEED

Japanese Knotweed UK – Is it a real problem for the homebuyer?

It’s likely you’ve heard of Japanese Knotweed, although you may not be aware of the huge problems it can cause. Far from a mere dandelion or nettle, Japanese Knotweed can lead to structural problems, prosecutions and inability to secure a mortgage. So, what is Japanese Knotweed and how big a problem is it when you’re …

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What to do after you receive your house survey report

What to do after you receive your house survey report?

It’s very sensible to get a house survey for any property you’re planning to buy. Asking a professional to look into the structure to identify any existing/potential problems means there should be no nasty surprises post completion, and you can take appropriate action at pre-contract stage to protect your position in the transaction. What do …

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