According to research carried out by AOL Money, there have been four in 10 homes sold for a loss in England and Wales since 2007, with an average loss of £24,430.
Homes Sold For A Loss
Why Sell For Less?
House being too cramped
No longer being able to affo...
From April 2013, the bedroom tax will introduce new rules for people claiming housing benefit for their council or housing association homes.
There will be a limit on the number of bedrooms housing benefit will help pay for.
Shelter have some great advice about the new bedroom tax...
What Is Cash?
Cash is the money in our pocket, in our change bowl, our bank accounts and savings.
But When Is Cash Not Cash?
When people go to buy a property, unfortunately.
The Estate Agents Dream Buyer
I have lost count of the number of times I have...
Let's face it, moving house shouldn't be too complicated.
A seller has a home to sell, puts it on the market with an estate agent (or opts to sell their house online) who finds a buyer and they come along and purchase.
A month or two later, a moving date is set and everyone is happy in the...
Like many industries, the property world is full of smoke and mirrors, marketing jargon, well-honed fast selling techniques all mixed with a little dash of mystery to make the business quite bewildering to the public at large.
In many cases this is quite deliberate because it makes the whole proce...
I suppose to some extent we all do it. We have a bit of time to kill and browse around shops when we have no intention of buying anything.
Some people are the same with cars.
They troll the ads in the back of the local paper and Autotrader to keep an eye on the cars, prices and ava...
Most towns have at least one estate agency for every 4,000 or 5,000 inhabitants all competing for a slice of the same property cake.
Use this to your advantage. When obtaining estate agents valuations, always get at least three and make each agent aware that they are in competition with the...
The 1st January sees the London Borough of Newham bringing licensing for private landlords - costing £500 for five years.
The reason for this is as part of their ongoing effort to drive out rouge landlords from the area or indeed the property market itself.
Newham have a part...
There are two forms of negative equity. Both unpleasant, but one worse than the other due to the limitations it puts on those who suffer it.
This can be described as cash negative equity and mortgage negative equity.
Cash Negative Equity
This is where a property has been purchased wit...
Want to find out how old your house is or when it was built? There are many ways to find the age of your property.
One easy way is to look at the architecture of the house. Look for indicators such as style of the doors, architraves around the doors, windows and roof or type of construction. Take o...