Q. Am I eligible for mortgage relief?

A. Your only eligible for mortgage relief if you are a first time buyer.

 
Q. Are there any hidden costs when buying a house?

A. There are four basic costs when buying a house. Most obviously is the purchase price of the house. Then we always recommend you hire an engineer to survey the property prior to buying. Finally your solicitor fee's and stamp duty must both be taken into account.
 

Q. Are there any hidden costs when selling a house?

A. When selling there are three areas you need to concern yourself with. The main two are the solicitor and auctioneer fees. If the property is not your principal private residence you may have to pay Capital Gains tax. 

 
Q. How does the selling process work?

A. Once you have decided to sell your property we will send an auctioneer to view your premises. The auctioneer will then give you a valuation as to its Open Market value.

The next step is to start advertising. This may can include a website listing, press adverts, brochures and a relevant sign placed on the property.

There are three different ways that we can sell your house - Tender, Public Auction or Private Treaty. When we have secured a buyer who has agreed to the terms of sale they may want an engineer to check the property for structural problems.

Q. Do I have to pay any VAT on residential properties?

A. You do not have to pay any VAT on residential properties.

   
Q. Do I have to pay any VAT on Commercial property?

A. Yes you need to pay VAT on a commercial property.