Repossessed Properties

The process associated with repossession or purchasing of repossessed properties are very appealing matters but dealt differently. Repossession is very stressful, but for those who would like to buy repossessed properties can benefit from a variety of different ways. Understandably, individuals in both situations have many questions, and this article covers some of the most common answers in both... Carry on Reading

Statutory Periodic Tenancy

A period tenancy is the default agreement if a tenant remains under tenancy after an agreed tenancy expires. One a tenancy reaches the end of its terms; two things will usually happen. Either the tenant vacates the property, or the landlord and tenant will form a new tenancy agreement. If after the tenancy has ended the tenant remains in the property, which they pay rent for, and the landlords... Carry on Reading

Unoccupied House Insurance

Unoccupied house insurance covers when the house is empty for more than 30 days in a row. Unoccupied house insurance is different from a standard house insurance policy. The company providing standard house insurance may stop its policy in the event of a house or property is no longer occupied. It would help if you had unoccupied house insurance in the following circumstance. An owner moving to a... Carry on Reading

Guarantor Mortgage

Guarantor mortgages are there to help you when you may not be able to get a mortgage in your current circumstances. They can help to secure a mortgage if a mortgage provider doesn't accept you. If you can't buy the home you want with a regular mortgage, a guarantor could help you to borrow more. If you can't secure a mortgage, a bank may approve your mortgage application if you have a guarantor.... Carry on Reading

Housing Ombudsman

The Office of the Housing Ombudsman is a non-ministerial public body of the United Kingdom government, established by the Department of Housing, Local Government and Local Government. The Housing Ombudsman Service is investigating complaints about registered social housing providers, such as housing associations, and other landlords, managers and brokers. The service is free, independent and... Carry on Reading

HMO Property

HMO stands for House in Multiple Occupation. A property is classed as a House in Multiple Occupation when it holds multiple parties with shared facilities. Shared facilities include a shared garden, bathroom, kitchen, other communal areas. Landlords may choose a House in Multiple Occupation rather than renting to a single party as there is potential for higher rent. When using House in... Carry on Reading

The Property Ombudsman

the property ombudsman: two people signing an agreement The Property Ombudsman Scheme (TPO) is an ombudsman in the United Kingdom. Since 1990, it has offered users and real estate agents another dispute resolution service. The Property Ombudsman System provides a free, fair and independent service to protect consumers from unfair practices. The plan receives more than 16,000 applications per year and provides users with an independent and impartial... Carry on Reading