Mortgages in Halifax and Huddersfield

In this interesting article from the Huddersfield Examiner it seems that both Halifax and Hudderfield are vying for a spot on the new Pennine edition of the popular board game Monopoly.

Huddersfield monopoly - housing mortgages

Most of us know what the game Monopoly is, where you move around a board, buying up property that you can then build houses and eventually hotels on. Doing this increases the rateable value of the land you bought. And you charge people when the land on your property, so the more houses the better.

Hudderfield is in West Yorkshire and has many outlying areas such as Longwood and Meltham. Halifax is smaller but popular housing areas like Todmorden and Ripponden are also close by.

Of course for most people buying a house in Halifax or Huddersfield, one of the most important things is to secure a mortgage, which is used to buy the house. Looking across the both areas, I notice that Manchester Mortgages have introduced a new mortgage brokering service in both Halifax and Huddersfield at

Getting the right mortgage is of course essential, as getting the wrong one – one with a higher interest rate and restrictive clauses such as not being able to make early repayments back on the mortgage should be avoided. I worked out that getting a 25 year mortgage in either Huddersfield or Halifax can cost you over £25,000 that you could avoid if you shop smart and get the right mortgage. I recommend you take a look at Manchester Mortgage’s new Huddersfield and Halifax brokering service – it should save you money.

Help the seller has died!

What happens when you are looking to buy a house but the person you are buying it from suddenly dies?

This is a question that not many of us encounter but some of us will, so it’s worth investigating in further detail.

buying a houseFirst of all, it’s necessary to look at who owns the home? Did the deceased person own it outright or was the mortgage shared? If they owned the home outright then the ownership of the home passed to whoever inherits it in the will. Also, is there any outstanding money left to pay the bank or building society in the form of a mortgage?

None of these matters are your direct concern obviously, but they will have a knock on effect: the sale of the house will be delayed significantly whilst the Will is read and acted on.

It could be that if the house was in joint names then the remaining party may no longer wish to sell the house meaning that the sale will fall through. Should ownership of the house pass to another person you may find that they are keen to sell it and wish to progress with the sale ASAP. This is often good news for the homebuyer, but sometimes, the superstitious amongst us will not like the thought of buying a house in which someone has died.

If contracts have been exchanged prior to the death then usually the house sale will progress, but if not you can expect lengthy delays. For those readers interested to know more on the subject of house buying where the seller dies, you can read this useful post:

Finding a new place to stay

As soon as the place you want to live, you have to start studying the properties in that location very well so you clearly get to know the local market prices. Then you want to butter up nearby property dealers.

You want to visit as many properties as viable when you a looking to buy a house, and ensure they are no hidden surprises. See top hints: matters now not to overlook whilst viewing a assets and top tips: smart questions to ask your estate agent
It’s additionally essential to recognize whether or not the property is freehold or leasehold, and that it isn’t on a quick lease. See Leasehold v Freehold – what’s the difference?

Make an offer for a house
Ensure you are in the strongest feasible position as a customer. See these hints:
– attending to the front of the customers’ queue
– decide how a lot you need to pay, including for fixtures and fittings.

See How do I recognise I’m not paying an excessive amount of?
– Make the provide to the property agent and a mortgage broker, and seal the deal. See Making a suggestion – and haggling over the fee
You will probably be requested to pay a small holding deposit of £500 or £one thousand to expose you are serious. it is going to be repaid if the sale falls via hopefully your offer could be prevalent by way of the vendor recall whether or now not to get home customer’s protection coverage