My South Wales Property Blog

What not to fix when selling a house

16th November 2022

Are you trying to sell your house in South Wales? You want to present your home in its best light. Potential buyers are of course more likely to opt for properties in good condition, after all. But take a moment before you begin fixing everything you see as being wrong with your house. There are […]

How much does an EPC certificate cost?

04th November 2022

If you’re in the South Wales area and looking to sell or let a property, an EPC certificate is a factor you should consider. Along with the countless other documents needed when selling property, an EPC is a vital document the new owners or tenants will require access to. In this article, we cover everything […]

Why are mortgage interest rates rising?

31st October 2022

Inflation causes prices of all commodities to gradually increase. As that happens, the purchasing power of the average person dwindles, especially if income doesn’t rise at the same rate – which often it doesn’t. Mortgage brokers, in response, have to increase interest rates to combat the hike caused by inflation. If inflation rates are high, […]

Why are Mortgages in South Wales Falling Through? 

31st October 2022

Hundreds of residential mortgage deal offer in the U.K. have been pulled after market chaos sparked concerns about base rates rising as high as 6% next year. Overall, 935 mortgage products were pulled from the market on Tuesday, according to data from money comparison site Moneyfacts. The company said this was the largest ever daily […]

How will the cost of living crisis affect house prices in Wales?

31st October 2022

The increase in the cost of living is likely to cause a slump in the property market due to soaring inflation and a squeeze in surplus funds for people.  This could be particularly problematic for first-time buyers seeking mortgages. Historically the areas that have had the sharpest increases in prices have often been the same […]

Negative Equity After 5 Years

08th October 2022

If you have negative equity after five years, it means that the value of your home is less than the value of the outstanding debt on it five years after you buy it. If you were to sell your home at that moment, you would lose money. Most people buy homes hoping that the price […]

What is included in a homebuyers report?

26th August 2022

When you are thinking about buying a home, there are so many things to consider, whether you are looking at a newer build or older property. One of the most important parts of purchasing a property for home buyers is the homebuyer report. Here, we will take a look at what the homebuyers report is, […]

What is conveyancing?

29th July 2022

Property ownership is often considered to be one of the greatest achievements – but there is a lot to think about before you sign that contract. When you are purchasing a home, you need to consider the legal process of buying, and you may hear many technical terms being used, such as conveyancing. But what […]

What is a homeowner loan?

27th July 2022

Homeowner loans are a type of secured loan that you can take out against the equity in your house to provide you with extra credit, usually at a lower interest rate than personal loans or credit cards. You should seriously consider them if you want to avoid making changes to your mortgage that could potentially […]

What Legal Documents & Paperwork do I Need to Sell My House?

26th July 2022

So, you have decided to sell your property; there’s a lot to consider and get into order, including the documents needed to sell a house. We have compiled a list that might help to get your essential paperwork organised as a starting point.  Contact Mark King Properties today if you are selling a house in […]

Everything you need to know about solicitor fees when selling a house in Wales, UK

26th July 2022

When you’re selling a house in Wales, it’s important to factor in solicitor fees.  There can be a lot of variation in what different solicitors charge, so it’s important to know what to expect.  In this blog post, we’ll take a look at the most common fee structures and what they cover. We’ll also give […]

Estate agent fees: How much does it cost to hire an estate agent?

26th July 2022

Estate agent fees vary from one agent to another, but you can expect to pay around 1.5% – 3% of the sale price of your home. This includes VAT and any other charges. Estate agent selling fees are typically paid by the seller to the estate agent for their services. These services include listing your […]

A Complete Guide to The Cost of Moving House

26th July 2022

Moving house is an exciting prospect, but it is rarely anyone’s favourite thing to do. It entails a lot of work, breaking social ties, looking for new schools for the kids, and such. Among those concerns is the cost of moving house. This article looks into the estimated cost of moving house and how best […]

How long does a mortgage application take?

25th July 2022

A question often asked by first-time buyers is ‘How long does a mortgage application take in the UK?‘  The length of time it takes to get a mortgage varies from lender to lender, but the average is 4-6 weeks. Some lenders can process your application in as little as 24 hours, but that is very […]

How much does a house survey cost?

25th July 2022

The question of “how much is a house survey?” is one that we get a lot. There isn’t a definitive answer, at least not one that works for every situation. There are a lot of variables that go into determining the cost of your house survey. The two main factors are the size of your […]

What to do when your house won’t sell

25th July 2022

Selling your home is a big decision, and even the most straightforward house sales can be stressful. Things can feel even more difficult if you struggle to sell the property. If all you’re thinking is “I can’t sell my house”, it might be worth looking at strategies to move things forward. There are many different […]

All You Need to Know About Remortgaging Your Property

01st February 2022

What does remortgaging mean? Remortgaging means moving your current mortgage to a different/new lender or product against the same property. This could mean applying to the same lender/bank or a new mortgage lender. Remortgaging can help raise money for home improvements or a special purchase, but it is important to consider whether it is an […]

When Was my House Built

02nd October 2021

How to find out the age of your house. A simple way to find out the age of your house is to check the HM Land Registry records, as they have historical ownership records called Title Registers, or Deeds. You can discover the age of any property by checking when the original transfer took place […]

How to Choose the Best Mortgage

27th August 2021

10 Helpful Tips & Things To Consider When Choosing a Mortgage  When buying a property, the majority of people require a loan to help pay for it. This type of loan is called a mortgage and is likely to be the most significant financial commitment you ever make. The loan is something that the applicant […]

Buying Or Selling A Leasehold Property

30th July 2021

The main things both buyer and seller need to be aware of when buying or selling a leasehold property Buying or selling a Leasehold property is not without its challenges, and we know first-hand the complications that can arise when dealing with this type of transaction. This post shares considerations for both the buyer and […]

How to keep your house cool during a heatwave

26th July 2021

The MET Office has issued a rare Amber, extreme heat weather warning after consultations with Public Health England. The warning says to prepare for temperatures to reach a staggering 35 degrees in some areas of the UK.There have also been concerns regarding people’s health and wellbeing during such extreme weather conditions. The vast majority of […]

Will The Property Market Crash?

20th July 2021

As UK house prices continue to soar, it seems that any hope for the property market to calm is a long way off. With each month that passes, new records are being broken, which fuels mass speculation that a crash in the property market is inevitable. The increase in property demand is down to incentives […]

The Modern Method of Property Auction Explained

30th June 2021

What is the Modern Method of Property Auction? The Modern Method of Property Auction has been a very popular topic of interest in the property market over the past few months, but for all the wrong reasons. After being asked many questions on this subject, I have decided that a blog post could be useful, […]

Benefits of Selling Your House to a Property Cash Buyer

24th June 2021

When it comes to selling a house fast, the golden ticket has to be when a Professional Property Cash Buyer comes along and makes you a fair, guaranteed, cash offer with minimal fuss. That is exactly what I do here at Mark King Properties, unlike an “amateur” property cash buyer who can offer no certainty, […]

Common Reasons a House Sale can Fall Through in 2021

16th June 2021

When a house sale falls through, it can be soul-destroying for all parties involved. Sadly, statistics show that for one reason or another, one out of three house sales does not reach completion, leaving many disappointed and out of pocket.  As this is so incredibly common, we thought it would be helpful to write a […]