Nick Gardner Quotations

Many people will also want to commission their own valuations or surveys before proceeding - which will make the packs partly redundant.

Landlords are very bullish because they know there is still strong demand for rented accommodation. This stems from aspiring first-time buyers who cannot afford to enter the market.

Live/work units are more difficult to secure mortgages on because the proportion of the property given over to commercial use is typically much higher. However, they are a growing trend and lenders have to adapt. Halifax, for instance, says it is happy to lend on live/work units on a case by case basis.

You may be offered a low quote from a solicitor, only to find that they add a whole load of extra costs on at the end for 'disbursements'.

It is unusual for someone to take out a mortgage of that size, secured against their home, and to pay it off within a matter of weeks.