If you are selling your home you way want to try and add value to your home. There are number of ways you can do this, some are more expensive than others but there is ways to improve your home that won't cost you a lot. In this guide we are going to go through all different ways you can add value to your home. Redecorate This is something most people who are selling their home will do. Painting your home will make it look fresh, clean and new. It is best to paint neutral colours so that it suits…

Repaying your mortgage sooner rather than later sounds like a good idea, but there are things to you need to consider before you choose to do this. The reason for this is because depending on what mortgage deal you have paying your mortgage early could result in you paying out more money than you want to, therefore not benefitting you. In this guide we are going to help you decide by looking at the advantages and disadvantages of paying your mortgage early, what to consider before making early repayments and the different ways you can pay off your mortgage. Advantages…

There are many different types of mortgages available on the market, and it can be confusing trying to work out which one is right for you. In this article, we'll take a look at different types of mortgages there is, to help you make an informed decision on which one is for you. Interest only vs repayment mortgages Most mortgages fall into the category of either interest only or repayment mortgages. So, the first thing to consider is whether you want an interest only mortgage or a repayment mortgage. Interest only mortgage: With an interest only mortgage, you only pay…

Properties are expensive and therefore usually require homeowners to borrow funds from banks in return for interest. As you pay back your loan, you gain equity in the house until, at the end of the mortgage term, you fully own the home. Typically, the more you pay as a deposit up front, the less interest and principle you pay and the more of the home you own. When buying a home you will most likely need a mortgage unless you are lucky enough to be a cash buyer. So, we've created a guide to mortgages to help you understand what…

Applying for a mortgage is stressful if you are unsure of the process involved. So, we have created this guide to applying for a mortgage to help you and to guide you on how long the mortgage application process takes. How to prepare for applying It's important to prepare before you apply for a mortgage as you want to get the best deal possible. Make sure you have all the relevant documents to hand, such as payslips, tax returns and proof of deposit. You should also contact credit reference agencies to make sure the information they have for you is…

Are you looking to sell and buy a home at the same time? It's definitely possible, but there are a few things you need to keep in mind. So, we have created this guide to help you understand the process involved in selling and buying a home at the same time. Can you afford it? One of the first things you need to consider when selling and buying a home is your finances. In your current home how much equity do you have? Also, how much money do you have to spend on a new home? You need to think…

Stamp duty may be something you will need to budget for when you buy a new home, but what actually is stamp duty? We've created this guide to help you understand what it is, who has to pay stamp duty, how much stamp duty rates are and how you pay it. What is stamp duty? Stamp duty is a tax you pay when you buy a home. It is the buyer who is responsible for paying for stamp duty and not the seller. Stamp duty from the 23rd September 2022 in England was changed. You will now not need to…

When buying a home, there are a number of costs that you need to factor in. The headline costs involved with buying a home are: stamp duty mortgage fees conveyancing fees house survey fees removal fees deposit redecorating/repairs redirecting your mail Stamp duty When you buy a home you will need to pay stamp duty tax. However, on the 23rd September 2022 stamp duty tax was changed. You now don't have to pay stamp duty on the first £250,000 of your home. If you are a first time buyer it is slightly different as you won't pay stamp duty on…

There's a lot to think about when when you buy a home. But don't worry, Homemove is here to help. This step-by-step guide will take you through the process, from deciding what you can afford and where you want to live, to signing the contract and moving in. So let's get started! Finances The first thing you need to do is make sure your finances are in order and work out how much you can afford. If you need to get a mortgage to buy a home then you will need to know how much you can borrow. The amount…

We’ve created this checklist so you know who you need to inform of your new address. Trying to remember all the companies and organisations you need to contact can be difficult, but with this checklist it should ensure you don’t miss any out.  Personal You will want to get in touch with all your personal contacts to make sure they know you have moved and don't send anything to the old address. This includes: Family Friends Work For your work you will need to tell: Your employer HM Revenue and Customs - it is very important you let HMRC know…