2024

Property Details Glossary

When you’re searching for a property to buy or to rent on Hadsul, you’ll see there are lots of different terms used on the property details page. These describe how much it will cost and how long you can live there for. Sales Listings: Price Knowing the purchase price means you can work out the total cost of buying the property. Not only mortgage payments and deposit, but also any stamp duty,...

The advantages of renting

With the distinct lack of affordability in the sales market, over the course of the last decade more and more people are renting, up to a third of the population in urban centres.  Renting is an option of choice for many now because of the flexibility it offers: Long term tenancies start from as little as 6 months and you can move after this time if it doesn’t work for you. Being able to...

Introduction to renting

Moving home isn’t an easy task but being prepared can help to make the process smoother, saving you time and unnecessary stress. This guide to renting aims to provide you with the advice you’ll need to get the most out of renting as well as reassurance with answers to common problems and questions. The Ugandan rental market has grown significantly over the past few years. Though once reserved...

Selling a commercial property

Introduction to commercial property disposals If you have a commercial property to sell, there are numerous factors to be aware of. You will need to have an understanding of the legislation surrounding commercial property sales, local property values and an awareness of what commercial property buyers are looking for from sellers. Preparing to sell Just like you would with a residential property,...

Selling a property purchased through a Help to Buy scheme

There are different ways to purchase using the Help to Buy scheme and depending on which scheme that you have used will determine the process if you need to sell. If you purchased your home with an Equity Loan You can sell your home at any time and when you do so the Equity Loan and mortgage will need to be repaid on the completion of the sale. You can then sell the property on the...

Selling a tenanted (buy-to-let) property

If you own a buy-to-let property and want to sell it, you can either sell it as a tenanted investment or as a vacant property. If selling as vacant, you will have a larger potential pool of buyers as you won’t be restricted to just the investment buyers. Depending on the local market you may get a better price if the property is sold with vacant position but in many areas of the country,...

If your property has known issues

As part of the conveyancing process, you will need to answer questions about the property and are under an obligation to disclose any known issues. If you knowingly withhold information that would affect the buyer’s decision to purchase the property, they may well be able to claim against you further down the line if a problem arises. The sorts of known issues that need to be disclosed are: If...

Ensuring the sale goes smoothly

Conveyancing Conveyancing is not an especially quick process and can easily take anywhere between 6 and 12 weeks from the day you accept an offer to getting all the paperwork completed and queries answered, even where there is no chain. To get started, you will need to supply similar documents to instruct your conveyancer as you would your agent: Signed terms of business Photographic...

Negotiating offers

Offers are an exciting part of the process and are normally part of a negotiation and often includes a couple of rounds of offers and counter-offers back before an agreement is made. The agent is legally obliged to pass all offers to you and send a written confirmation. If you have very specific criteria for an acceptable offer, you may choose to instruct the agent to reject all offers below a certain...

Handling viewings

As your property goes on the market, make sure your property is prepared and speak to your agent to agree how and when you are able to do viewings. A full-service agent will normally offer accompanied viewings however some agents will offer the option of you undertaking the viewings yourself. Agree in advance any times that are difficult for you to accommodate a viewing, for example during...

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