Expert Advice

Ask the experts, a financial consultant gives advice on shared ownership mortgage lending, which has always been supported by a small group of lenders who understand and specialising in helping housing association candidates to become homeowners. Over the last seven years lender understanding has increased and shared ownership is now viewed as the 3rd way sitting alongside 100% ownership and renting.

Exploring Help to Buy and Shared Ownership schemes

Photo of new home example of available on shared ownership scheme or help to buy schemes in UK

Have you ever heard the words “shared ownership”, or “Help to Buy” but always wondered exactly what people were talking about?

The world of affordable home ownership might seem like a complex one, particularly for first-time buyers, but here at HomeFocus we strive to cut through the jargon and tell you exactly what you need to know.

Thanks to the sky-high prices of homes and houses nationwide, people right across the country are being priced out of the open market, and add that to the extortionate cost of renting, it’s no wonder that people are struggling to get a foot on the property ladder.

However, there are affordable home ownership schemes in place to help you buy your own home - and the key word there is affordable.

Seven helpful water tips for when you move into your first home

Two people stood in a water flood

Results from the industry-specialist Water Regulation Advisory Scheme‘s (WRAS) recent survey highlighted that many young people aged 18-24 have a lack of plumbing knowledge which could spell disaster when faced with an emergency problem at home. The report revealed that “82% of 18-24-year-olds don’t think to ask where the main stopcock is when moving into a new home”, vital information needed in order to switch off the mains water supply in the event of a leak or burst pipe.

Packing and unpacking hacks for first time home owners

Couple packing boxes for new home

Moving home can be both exciting and stressful, especially for first time movers. Keeping on top of packing is essential when moving and then there’s making sure that there’s enough storage at the new place for all the items that need unpacking…

Space-saving expert, Simon Glanville offers his advice top tips for a stress-free moving experience:

De-clutter – de-cluttering before you start packing will ensure that all unnecessary items are disposed of, arriving to your new home organised and clutter-free will make unpacking much easier. 

Pack wisely – use vacuum packs for clothes, duvets and pillows; sucking the air out helps fit more than double into the same size container which means less boxes to transport.

Follow TV property expert’s advice on future-proofing your new home purchase

Clive Holland advises on choosing a new home

It’s easy to get caught up in the whirlwind of buying a new home, but choose carefully – you may still live there for years to come and it’s important that your home stands the test of time for your family…

OK, so you fancy buying a spanking new build or maybe you already have? Possibly, you’ve sold an older property and made the switch or you are first time buyers that have taken advantage of the government’s Help to Buy scheme? It’s a brilliant option that helps give you a leg-up onto the property ladder. You can find plenty of details online, via mortgage brokers and house builders etc, of course you can source great information via this very magazine and associated website too.  

It's love at first sight for home buyers

Anna and Nathan, with their baby, went on many a house viewing  but fell in love at first sight with a Countryside home

With one in two UK homeowners partaking in just one house viewing before making an offer, home builder Countryside has teamed up with relationship expert, John Donlon, to uncover just what makes us lead with our hearts when it comes to buying a new home.

According to a recent survey by Countryside, it took just one house viewing for 53%* of homeowners before purchasing their home, describing the experience as ‘love at first sight’. An additional 25% stated that only a second house viewing was needed before making a final decision. 

How To Deal With Difficult Neighbours

How To Deal With Difficult Neighbours

Tom Christie, Associate Solicitor at Slater Heelis LLP discusses how to deal with difficult neighbours and what legal rights homeowners and tenants have.

Experiencing problems with a nuisance neighbour can often leave homeowners and tenants angry and stressed. Whether it’s a noise disturbance, anti-social behaviour or piles of dumped rubbish many people don’t know to resolve the dispute. 

The most important thing when dealing with difficult neighbours is not to let the problem become entrenched. Speak to your neighbour to discuss the problem and see if you can reach a mutually agreed solution. 

Keep an audit trail

Mortgages made easy with Help to Buy experts

Helen Pierson - The Mortgage Bureau

Getting a mortgage for the first time can be quite a daunting process – but not if you have the right advice and support. Here, Helen Pierson from The Mortgage Bureau answers some of the questions you might have about borrowing to buy your first home…

Is there a minimum income which you need to buy a home on Help to Buy?

There’s no minimum – you just need to make sure that what you earn gets you the mortgage you’ll need in order to buy. Generally this is 75% of the property value, so if the sale price is £150,000 you would need a mortgage of £112,500. Most lenders will calculate what you can borrow by multiplying your income by 4.5 – after deducting any loans and credit card balances.

Top reasons for a delay in the conveyancing process

Top reasons for a delay in the conveyancing process

By Sara Hughes, Team Leader in the Conveyancing Department at national law firm Stephensons.

The conveyancing process can be delayed for a number of reasons which are often out of the control of your solicitor, mortgage lender or estate agent. Below are the top reasons for delay that are regularly seen by our residential conveyancing team and what you can do to minimise, or where possible, avoid any delays in the process.

Evidencing where your money and/or a gifted deposit has come from

3 things to check before buying a home

3 things to check before buying a home

Moving home marks an important step in someone’s life, whether it’s to upsize to cater for a growing family or to relocate for an exciting job opportunity. However, the moving process is renowned for being one of life’s biggest stresses. In fact, a recent study shows one in seven homebuyers said the property they bought was left in a poor condition when they moved in.

Matt Poll, CEO at Neos, the UK’s first smart home insurance provider, shares his checklist of things to look out for before buying a home.

Getting to grips with the buying process

Getting to grips with the buying process

Buying your first home will probably be one of the biggest financial commitments you will ever make, but also one of the most rewarding and exciting. 

For many first-timers, the homebuying process will often by unclear and confusing. Award-winning house builder, Cavanna Homes, share their top tips on the buying process from reserving your first new home, to arranging your mortgage and exchanging contracts. 

Step one

Before you make any decision or start browsing homes for sale, the first stage is to work out how much you can borrow from the bank and how much deposit you will require. Then you will need to agree the mortgage in principle. 

Looking to buy your first home through a housing scheme?

Looking to buy your first home through a housing scheme

By Melanie Mihill, Mortgage Consultant, Ipswich Building Society

There’s no shortage of media coverage around the problems faced by first time buyers. Taking the first step on the housing ladder can seem like an impossible task to some, which is why in the last ten years the government has introduced a series of low-cost home buying schemes, such as shared ownership and the Affordable Homes Programme 2016-21 aims to increase the supply of shared ownership and other affordable homes by March 2021.

Increasing property value second tier to boosting home comforts

Increasing property value second tier to boosting home comforts

The majority (65%) of British homeowners are more interested to spend their cash creating homes they really want to live in. Just over one in ten (12%) in comparison say increasing their home’s value is their top priority. 

To build on their ‘homely’ touches, nearly three quarters of homeowners (73%) said they revamp their homes at least once a year, with a ninth (11%) refreshing their rooms and gardens at least four times annually. 

The research comes from loans specialist Norton Finance as part of a new campaign to discover attitudes towards home improvements this summer.

Bathroom Basics - Creating a Safe and Stylish Sanctuary

Bathroom Basics - Creating a Safe and Stylish Sanctuary

As the bathroom has evolved to become much more than just a functional place, but rather a perfect retreat from the hustle and bustle of modern life, it may come as no surprise that it’s more of an interior design focus than ever before. When it comes to creating the perfect bathroom, however, it’s important to put safety first – after all, we all know that electrics and water do not mix and some work may even need to be notifiable. Here, Darren Staniforth, technical expert at leading electrical regulatory bodies, NICEIC and ELECSA, tells of the do’s and don’ts to ensure your bathroom is kept as safe as it is stylish.

Do

Sold! The Smell That Will Sell Your Home!

Sold! The Smell That Will Sell Your Home!

FOR BRITS looking to sell their home, new research has revealed the smell which could make their house more desirable to potential buyers.

A survey of 1,015 UK adults carried out by leading household appliances retailer, AppliancesDirect.co.uk, revealed a staggering 86% of those surveyed said the smell of a house could be the difference between putting in an offer or not.

When quizzed on the scents which would be a welcome surprise when viewing a property, 35% of Brits said the smell of fresh bread baking would be a selling point.

Revealed: Simple Interior Design Can Boost The Value Of Your Home

Revealed: Simple Interior Design Can Boost The Value Of Your Home

Trouva and Marsh & Parsons uncover homeware hacks and interior design tips to make selling your home a whole lot easier. For home owners planning to move up the property ladder in 2018, online platform for independent boutiques, Trouva.com and estate agents, Marsh & Parsons announce the surprisingly simple tips and tricks that boost the perceived value of a home in the eyes of a prospective buyer.

From stylish storage solutions to maximising mirrors, Trouva unveils the must-buy items to transform a space before selling.

Saving for a deposit and avoiding common mistakes

Saving for a deposit and avoiding common mistakes

Top Tips For First Time Buyers!

In the November 2017 budget statement, the government scrapped stamp duty for first time buyers on properties costing less than £300,000.

With the average first time buyer paying around £1.5k in stamp duty, this could make home ownership more affordable for thousands of people.

But there’s still a hefty amount to pay when you buy a home, of course, and the challenge of saving for it is still daunting for most first time buyers.

Top Tips For Home Buyers

Top Tips For Home Buyers

Tips for new Home Buyers!

FIND OUT WHERE TO MAINS SUPPLIES ARE

Be sure to check where your main supplies are located and where your shut-off valves are, so in the case of an emergency you know where your first line of defence is so you’re not looking for them in a panic. It’s also important to make sure all water pipes that may be exposed to frost are sufficiently insulated, or take preventative steps to ensure you don’t experience burst pipes during the colder months. It’s also important to make sure you know where the stopcock is in case a pipe does burst.

CHECK YOUR METRES

Energy Saving Tips For ‘Technophobes’

Energy Saving Tips For ‘Technophobes’

Five Tech-Free Energy Saving Tips: Smart meters, Hive, ‘Alexa’ – consumers can be brainwashed into thinking “tech” is the only way to ‘save’ on ever increasing energy and heating bills in the home.

But let’s not forget the ‘basics” when it comes to saving energy - and the millions of ‘technophobes’ out there that, quite simply, won’t ever link their smart-phone to their heating system!  

In fact a recent national survey revealed that 14.4% of people are looking for “disconnection” in 2018 – with less technology in their lives!

80% Of Brits Feel Their House Is Much More Than Bricks & Mortar

80% Of Brits Feel Their House Is Much More Than Bricks & Mortar

·         But admit it can take at least 15 viewings and three months of living in their new house for it to feel like home

According to research from M&S Bank, 80% of Brits feel their house is so much more to them than bricks and mortar. And nearly a fifth (18%) think their house feels like a home as soon as they pick up the keys, while it takes an average of three months for the majority of people.

The M&S Bank study, which was conducted to coincide with the launch of its first mortgage range, found a fifth of Brits look at more than 15 properties before finding ‘the one’.

Top Tips For Home Buyers

Top Tips For Home Buyers

FIND OUT WHERE THE MAINS SUPPLIES ARE

Be sure to check where your main supplies are located in your home and where your shut-off valves are, so in the case of an emergency you know where your first line of defence is so you’re not looking for them in a panic. It’s also important to make sure all water pipes that may be exposed to frost are sufficiently insulated, or take preventative steps to ensure you don’t experience burst pipes during the colder months. It’s also important to make sure you know where the stopcock is in case a pipe does burst.

Introduce a houseplant to clean the air and help de-stress

Introduce a houseplant to clean the air and help de-stress

Make the air in your home less toxic by introducing a healthy houseplant. Studies have shown that humans are generally happier and feel less stressed when surrounded by a plant.

Adding a houseplant to the office or bedroom is a simple yet effective way to increase positivity day to day. The home and workplace can be full of airborne pollutants, with carpets, mattresses, paint, household products, pets and even people harbouring toxins – especially in the colder months, when windows tend to be closed and central heating is ramped up.

As well as cleaning the air, a houseplant can help with mental wellbeing – reducing anxiety and brightening moods.

Haskins Garden Centre has a range of houseplants available to purchase:

Calathea mix – from £6.99 12cm pot

5 Easy Ways to Make Your 21st Century Home More Efficient

5 Easy Ways to Make Your 21st Century Home More Efficient

Increasing your home energy efficiency is beneficial in a number of ways but is often considered as being too much hassle or costly. Making changes to your home can reduce your bills, create a more comfortable atmosphere and also help the environment. So what is there to lose?

There are many things that can be changed, both big and small, meaning your home’s efficiency can be upgraded over a period of time that suits you and your budget. Here at five which can get you started.

The UK property market in 2018 - what does the future hold?

property
  • Investors to focus on commercial instead of residential opportunities
  • Properties of the World opening new estate agency as part of future-proofing strategy
  • High returns and capital growth will remain key when it comes to favoured investments

2018 will be a key year for the UK property market. In the run-up to Brexit in March 2019, much focus will be on what property prices are doing and why. Alongside the economic impact of the Brexit process, prohibitive levels of stamp duty have dragged the property market in 2017. This has led to a drop in the number of buyers purchasing residential buy to let apartments this year, according to innovative property investment company Properties of the World.