Time to move on?

Time to move on?

Have you been considering making a move from your property recently? There has suddenly become a huge amount of pressure on us all to afford our homes and for many of us the decision to downsize has had to be addressed. However, this is not the only side of the story of the housing market. There still seems to be a ready demand for homes and certain schemes like help to buy or part rent part buy are still very much in evidence.

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However, it has to be said that moving is still a costly business. The first thing to do is to check that there is enough equity in the property. This is the value of the property compared to what your mortgage balance currently is. For example, if your property is valued at £255k and you still have £100k left to pay, your loan to value is about 40 percent. The only time things become complicated is when the mortgage is higher than the value of the property you are selling. This is called negative equity.

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There are also the extra costs of the use of solicitors and paying for a valuation of the property that you want to buy. One way you can make a saving is if you use the services of someone like the Removal Company Bristol based company https://www.get-moved.co.uk. With a removal team’s help you can totally take the stress of moving day out of the equation as you sit back and let someone else take the strain.

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