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To buy or to rent? That’s often the question for many of us who are confronted with the difficulty of getting into today’s challenging UK property market. Deciding can be difficult, with myriad factors to consider. Here are some pros and cons to help you out.
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Recent research has revealed that there are eleven buyers for every available property on an estate agent’s books. This rather large number is primarily due to a surge in demand coupled with a slight decrease in available properties.
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Although the structural potential of a property, in combination with its geographical location, form the basis for its value, there’s one other big factor that’s easy to overlook when it comes to determining the price of a home: its interior design. From the layout and utility of each space, all the way down to the fixtures, fittings and finishing touches, the way that a property is decorated can make a massive difference to its price.
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Many of us dream of a period home that we’ve purchased for a steal and renovated to fit our exact requirements, giving us a great resale prospect the future. But renovations are seldom as simple as they seem. Here are some factors to consider before you commit.
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Buying a property is a massive commitment, and one that could affect your economic status and the quality of your life for decades to come. So it’s incredibly important to make sure that you’re making the right choice before you commit to a sale. There are some common major issues that arise in buildings, all of which should make you pause and reassess before considering moving ahead to make an offer: here are some of the most common. As with any issues that you’re unsure of when it comes to buying a home, your estate agent is an invaluable source of expertise and advice, so don’t hesitate to give them a call.
