Featured Articles Archive for June 2007

Welcome to our archive of featured articles for the month of June 2007

• Bridging Loans And Alternatives [29.06.07]
  Bridging loans enable people to make a completion on their new home before they have actually sold their old property. They can be useful for those who are struggling to sell their home, or whose sale has unfortunately fallen through, but who have the home of their dreams just waiting for them to buy.
• Buy-To-Let Tax Law And Amnesty [18.06.07]
  Being a landlord is not really a part-time occupation, unless you’re renting out a room in your house. Coming as it does, with responsibilities with maintaining your property, managing your investment, and paying regular fees such as maintenance, service and accountancy charges, it really is not a way of getting a stress-free income.
• Fast Track Extensions On The Way [16.06.07]
  Home improvement programmes abound on television these days – and they make it look so easy! Planning permission issues, if mentioned at all, are normally dealt with in ten seconds flat – even if it might have taken months, it doesn’t seem that way.
• Ways To Avoid Tax On Your Second Home [13.06.07]
  More and more people are taking tentative steps to owning a second home. It may be a holiday home for themselves, a holiday let, a buy-to-let, but the property boom and changes in British society such as delayed marriages and increasing levels of divorce have all contributed to more people owning more than one property than ever before.
• Shared Ownership Schemes for Home Buyers [11.06.07]
  It is difficult for first-time buyers to get on the property ladder these days. Many are now looking to the option of "shared ownership". Most buyers would think of this as the consideration of buying a home with someone else you know, such as a friend, brother, sister, parent – or even someone you don't know. However, when the property industry use the term they’re talking about buying a home through a special scheme.
• Young Couples Face Work Bondage [09.06.07]
  The rise in house prices seen over the last few years is likely to have a detrimental effect on a generation of young couples. The huge mortgages that they have to take out to acquire their homes may have the effect of creating a society divided into haves and have-nots not seen in Britain for over a century.
• Doing Your Homework On "Free Legal Fees" [08.06.07]
  The process of moving house can be a costly affair. Legal fees and survey fees can easily reach £2,000, and then you have to take into account estate agency fees, removal costs and the ever-irritating stamp duty. But now lenders are beginning to come up with “fees-paid” loans that could slash some of those bills and cut the hassle involved as well.
• Endowment Policies Reviewed [06.06.07]
  Endowments were a popular mortgage accessory in the 1980s and 1990s. Combining life assurance with investment growth into one package, they were used as a method of repaying a mortgage and were sold on the basis that they cover the mortgage repayment at the end of its term and have some money left over.
• Further Interest Rate Rises Possible [04.06.07]
  If having a mortgage is sometimes described as being on a rollercoaster ride, then homeowners are definitely still firmly on the upward drag at the moment. Economists have warned UK homeowners that May’s interest rate rise is unlikely to be the last one in 2007.