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Showing posts from March, 2023

How to Buy a Repossessed House Using a Mortgage in 2023

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Purchasing property has always promised to be a lucrative investment. As such, if you have some money and would like to use it in a way that guarantees a good return, then it may well be the case that you are looking at real estate. If this is the case, once you start researching, you will see several different types of property you could look towards purchasing. One option which will be discussed in more detail below is purchasing a repossessed house.  You need to look into the rates, taxes and levies that will apply to the property you are considering purchasing. This is because often purchasing a repossessed property comes with the benefits of waived rates, taxes and levies until the final registration date. Be sure to check the kind of sale, though, as if you purchase a property through a Court auction, the responsibility of settling any outstanding amounts will fall to you.  Another way you can save money when considering purchasing a repossessed property is that these sales often

Key Reasons to Invest in Real Estate in 2023 in the United Kingdom

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When you have money you’re looking to invest, it can be difficult deciding what you should invest in. There are several different lucrative markets, and property has always been a relatively safe bet. Of course, there is doubt at the moment, given the market in the UK has become a bit more unpredictable in recent years thanks to the pandemic and political unrest.  You might be more hesitant to invest in property than you would have been a few years ago. The fact is that, yes, the economy has had it tough over the past few years, and it still has a way to go; however, property is still a good investment in 2023. Throughout this article, we will discuss in more detail why property investment is a good idea this year.  It’s an ideal time to invest in real estate at the moment. House prices will probably rise over the next few years, so by buying now you are purchasing during a dip. Prices have dropped by 5.5% in 2023, and once the market stabilises, which it is expected to do in the next