How Much Deposit Do I Need to Buy a House?
Deposit-free mortgages that cover the full value of a house are a thing of the past. These days, deposits are essential to pay off a part of the amount upfront and show your commitment to the mortgage itself. Your deposit to buy a house plays a more significant role...
Dispelling the Myths
Many landlords often worry about letting out their properties to students, fearing that they will not receive rental payments, or that their houses will be destroyed during wild parties. However, issues like these are exceptionally rare. We thought we’d dispel some of...
Dealing With Damp
During the colder months damp and condensation can become a problem in your property. Here we take a look at ways you can avoid these issues… Condensation The most common cause of damp in a property is the build-up of condensation. It should be made clear to...
Should parents invest in buy-to-let to help their children with university?
A recent survey found a massive two thirds of parents are considering investing in buy-to-let Salford student houses to assist their child through university as fees and costs of living become more and more daunting. The rising price of rent as well as high fees is...
State of the market: Is now the time to invest in Salford property?
With lockdowns now firmly behind us and no prospect of them returning in full force any time soon the property market has come roaring back – could now be time to invest in Salford property? There is certainly plenty of evidence the housing market is booming –although...
How to avoid deposit disputes
What to do at the start and end of a tenancy to avoid a deposit dispute Less than 1% of all tenancy deposits end in dispute, but when it does happen it can end up being an expensive nightmare for all parties involved. Many potential disputes can be avoided and one of...
Property market continues to boom despite end of SDLT holiday
It’s fair to say the housing market is experiencing a remarkable surge at the moment. And in the words of our own agents; people are making up their own prices… and buyers are paying it, and then some! The unprecedented boom in the price of property has been put down...
Right To Rent changes from 30th June 2021
Changes to Right to Rent legislation in the UK come into effect from 1st July 2021, ending the grace period put into place following the country’s exit from the EU. The change means that letting agents will move from checking nationality to checking the UK...
End of Stamp Duty Holiday: first deadline fast approaching
The Stamp Duty holiday in England will end on 30th June 2021, lowering the nil rate band from £500,000 to £250,000 for all but first-time buyers, who have a threshold of £300,000 before stamp duty is due. The rates will then change again in October to return to the...
Mistoria Estate Agents expands with new Cheadle branch
Mistoria Estate Agents is opening its 6th North West based office, this time in the suburbs of Cheadle. The new branch joins the already successful Mistoria Estate Agents outlets in Manchester, Bolton, Liverpool and Salford. Parent company, The Mistoria Group,...
Two Views on the Ending of the Evictions Ban in the UK
For the pandemic period, a “new normal” has been in place. This new normal has included an unprecedented financial package from the government to help individuals who have lost their incomes to support themselves and find new work. One helpful measure has...
What’s Driving the Current Surge in Property Valuation Prices, and is it Sustainable?
2020 was undoubtedly a unique year by any standards. COVID-19 took the world by storm, forcing humanity to rethink its definition of normality and disrupting the global economy profoundly. In the UK, the housing market was one of the most affected sectors of the...