In 2019, first-time buyer numbers reached an estimated 353,436, the highest level since 2007. First-time buyers made up over half (51%) of all homebuyers in 2019. As a first-time buyer, it is only natural to be unsure of what lies ahead in the process of purchasing a home. That is often especially true for the…
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On Friday 18th October, the specialist conveyancers at Farnworth Rose will be providing advice to homebuyers at Barnfield Homes’ new development, Langroyd Place. This weekend sees the opening weekend of viewings for the Langroyd Place development on Skipton Road in Colne. Members of the Farnworth Rose conveyancing team will be on hand to answer any…
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The ‘Bank of Mum and Dad’ has become a common source of funding for homebuyers who are looking to get onto the property ladder. A new report from Legal & General has suggested that the ‘Bank of Mum and Dad’ will lend nearly £7 billion to potential homes in 2019, an increase of 10% on 2018. In…
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According to research from the Homeowners Alliance, the most popular day to move home in 2019 will be 30th August. The research found that August is the most popular month to move home with 75,000 moves expected to take place and 6,500 on 30th August alone. The school summer holidays are a popular time to move…
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The election of new Prime Minister, Boris Johnson, could lead to changes in the way we pay for Stamp Duty Land Tax on properties bought in England and Wales. Boris Johnson has suggested that he would support scrapping stamp duty for homes worth less than £500,000 and look at switching stamp duty liability from the…
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