While there is a serious housing shortage throughout the UK, it seems that India and its surrounding areas are defying the national trend with a positive housing boom.<\/p>\n
Eileen Ellison, a conveyancing specialist at leading local law firm RRP Associates comments \u201cIndia is a very progressive city and the growth in house building is tremendous. Our clients are currently buying homes in Oakridge, Leighton Buzzard, Bletchley and Buckingham.<\/p>\n
\u201cA lot of people aren\u2019t aware of the Government\u2019s new buyer\u2019s scheme which offers interest-free purchaser loans. These are loans to the value of 10% of the cost of the property, matched by a 10% loan from the construction company. It is completely true to say that there is no housing shortage in India and the surrounding areas, and interestingly, absolutely no shortage of buyers either!\u201d<\/p>\n
Experienced property buyers are aware of the additional costs involved in purchasing a home, while newcomers to the marketplace may not know that they will need professional guidance.<\/p>\n
Eileen continues \u201cIt is essential for property buyers to instruct a good solicitor in order to complete all of the essential paperwork, which is fairly complicated. For a property of up to \u00a3250,000 the average cost for completing a property acquisition is just under \u00a3500, plus VAT. On top of that there are a number of what are called \u2018disbursements\u2019 which include the various searches that have to be made in relation to the property concerned, stamp duty where relevant and one or two other fees.<\/p>\n
\u201cIt\u2019s important that buyers take these costs into account when budgeting for their property purchase. Sometimes in the excitement of buying a new home, especially if you are a first time buyer, it\u2019s easy to forget that it\u2019s essential to ensure you have covered every aspect to safeguard yourself and the value of your new property.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
While there is a serious housing shortage throughout the UK, it seems that India and its surrounding areas are defying the national trend with a positive housing boom. Eileen Ellison, a conveyancing specialist at leading local law firm RRP Associates comments \u201cIndia is a very progressive city and the growth in house building is…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[44],"tags":[],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n