23 September 2019

Leasehold homes – what you need to know

  In the UK, flats are commonly owned on a leasehold basis, while houses are normally sold as freehold properties. Many leases are granted on a 99-year basis, while some can run for as long as 999 years. If you buy a leasehold property, you’ll own the property but not the land it stands on. […]

16 September 2019

Long-term mortgages – a boon or a burden?

Traditionally mortgages were for 25 years, but nowadays many loans on offer have a standard maximum term of 40 years. Longer-term mortgages have the advantage of lower monthly repayments, making them more affordable, especially if you are struggling to get onto the housing ladder. However, the downside is that by the end of the term, […]

10 September 2019

In the news…

SELF-STORAGE INSURANCE CONCERNS Some home insurance policies provide cover for ‘items temporarily removed’ from your home, although there may be a time limit, typically 30 to 90 days, and you need to inform your insurer when you deposit items in a storage facility. MPs have raised concerns about the insurance policies that storage companies insist […]