by Alec Hanson - Just Do Property Host | 23 Jun 2019
In property a chain refers to a sequence/chain of buyers and sellers all trying to buy a property while at the same time potentially trying to sell their own...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
This is simply when the owner of a particular property does not need to sell their own in order to buy a new property; hence they are ?chain free.? First time buyers are often chain...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
Same day transfer of funds between accounts. A bank will charge a fee for...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
Recorded at the land registry a charge registers a lender as a secured creditor and ensures they will be paid from the proceeds of the sale of the property in the event of the property owner defaulting on the loan. This is occurs when a property owner has used his...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
This is a certificate issued to the lender by the Land Registry that gives evidence of the lender’s charge over the...
by Alec Hanson - Just Do Property Host | 23 Jun 2019
Payment made on freehold land to the original freeholder forever. This differs from ground rent because ground rent normally has a limited...
