The relationship between parents and their children is commonly lifelong but there comes a time when the apron strings are cut and the brood flies the nest. It’s a stage in life when many parents, perhaps reaching retirement age, make a number of lifestyle changes.
The latest Statistical Briefing from The Dispute Service – which uses data from the Tenancy Deposit Scheme, SafeDeposits Scotland and TDS Northern Ireland – has highlighted the top three reasons for deposit disputes across the UK during 2021-2022.
There can’t be a seller in the land that doesn’t want their property to sell for the highest price. Although a lot rides with the buyer, their budget and how much they’re prepared to pay, sellers can help themselves when it comes to achieving as close to the asking price as possible.
September was a month of disruption. With a new Prime Minister and Chancellor at the helm, changes marked the inauguration of this new partnership. First up alterations to the stamp duty thresholds.
From the 1st October in England and the 1st December in Wales, there are regulatory changes around smoke detectors and fire alarms that all landlords will need to implement with immediate effect, as there will be no ‘grace’ period and fines can be issued from day one.
Irreverently known as the ‘Bank of Mum and Dad’, cash contributions from parents and even grandparents are on the rise. In fact, an estimated £25 billion is expected to be lent to children over the next three years, with almost half of all first-time buyers having to rely on family to fund part or all of their deposit.
Subscribe to receive the latest property market information to your inbox, full of market knowledge and tips for your home.
You may unsubscribe at any time. See our Privacy Policy.
