A-Z Jargon-Buster (Part Two)
Part two of our A-Z Jargon-Buster starts with the letter F First-time buyer – this relates to anyone who has never purchased a property before and can often take advantage of mortgage deals or government help to allow them to step onto the property ladder. Freehold – this means the owner has the right to […]
The A – Z jargon Buster of buying a house
Buying a house is probably the biggest purchase you’ll make, so you need to fully understand the jargon used in this process. We’ve put together an A – Z list of the most frequently used terminology and what it means. A – Agreement in Principal (AIP) – a mortgage advisor will provide this document for […]
Buying a New Home
The process of buying a new home needn’t be complicated in fact there are really only eight simple steps to the process. Our infographic below sets out the process of choosing your home to appointing a solicitor. At Allanwater Homes we try to make the process of buying a new home as stress free as […]
How to make more space in the bedroom
We spend a large part of our life in the bedroom so having a comfortable spacious room is important. A third of our life is spent sleeping with even more time is spent in the bedroom, so maximising the space can make all the difference. At Allanwater Homes the majority of our homes come with […]
Understanding How Mortgages Work
Buying a new home is a big investment and if you are taking out a mortgage for your home you will also be taking on the responsibility of that for the next 25 to 30 years. Therefore, understanding what a mortgage is and how it works is important. There are three parts to a mortgage […]
My First Home
Saving up to buy your First Home? The aspiration for many is to be able to take that first step into your own home, whether it’s a studio apartment or a villa with a back and front garden, but what should you consider as a first-time buyer. It’s OK to have a dream home in […]
Homebuyers are on the move
The current pandemic created a shift in the behaviour of homebuyers and the areas they are looking to move to. Families seek more rural, country, village, and coastal locations, while first-time buyers return to city properties as the lockdown eases. Many families tend to look for more space indoors and outdoors, with room to grow, […]
Housing market experiences mini-boom post lockdown
Despite the concerns for the economy as we come out of lockdown, the housing market is experiencing a bit of a mini-boom at present. The housing market is fighting back as many homebuyers look to find homes with garden space or an extra room to accommodate a working-from-home area. Also, with the reduction in the […]
LBTT Bonus for buyers
The Scottish Government have offered a bonus to house buyers by raising the threshold of LBTT from £145,000 to £250.000. This means that eight out of ten house buyers will benefit from not paying LBTT. The Government have also pledged a further £50 million investment into their First Home Fund initiative. Helping first-time buyers to […]
Trials and tribulations of home working
During the last few weeks, we have all experienced the trials and tribulations of working from home. While many of us thought we would find it difficult working remotely, some found it much more manageable. With the help of technology, and communicating through business software, we have been able to share ideas, deliver presentations and […]