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Finding Your Perfect Community

 

Location, location, location… There’s no doubt that there’s so much more to house hunting than the bricks and mortar themselves. The dream home is a combination of the house itself, and the community it’s in – but how do you find your perfect community?

 

It may sound simple, but it’s certainly worth putting some thought into it when looking for your new community – how urban or rural do you want to live? For some, the draw of the bright lights of a city will mean that living in a town is ideal – and it does come with its perks. Homes in Chester, for example, such as this riverside apartment or city centre townhouse offer an abundance of diversions right on your doorstep – theatres, independent shops, restaurants and bars are all within walking distance. With so many people in one place, towns and cities will also have a huge range of clubs and groups. From sports societies to book clubs, cities can be the perfect place for those looking to explore and find their new community.

 

The hustle and bustle of city life isn’t for everyone, though. Other house hunters place far more value on the peace and quiet of the countryside. From grand period farmhouses to quaint and cosy cottages, village and rural life can offer a very different community feel from cities and towns. Although it may not have as wide a range of places to meet and things to do, this only means that everyone can be found in the same place, so friendships can be forged quickly! For those looking for a close-knitted community, the country life is the place to find it – from meeting neighbours at the village pub to joining local meetings to organise activities, the countryside is ideal for those looking to get stuck in and make lifelong friendships.

 

But what about those who aren’t quite sure what kind of community they’re looking for, or who want a little of both worlds? There’s no problem there, as we also have plenty of suburban homes for sale as well – from Alderley Edge to Crewe to Northwich. Offering proximity to the amenities of larger towns and cities, but with a little more space with off road parking and gardens, and the fresh air of the countryside is rarely a long drive away! Suburban life is ideal for young families – the kids have space to run around, and safe cul de sac communities offer an ideal place for them to make new friends outside of school.

 

If you’re looking to find your perfect community, why not give our trusted experts with decades of intricate local knowledge a call?

Stamp Duty Uncovered

Are you a house hunter who’s looking to take their first step on the property ladder but put off by the concept of Stamp Duty?  If you’re new to the housing market, Stamp Duty may seem like an unknown entity and cause you to second guess your capability of buying a house.  However, we are here to put your mind at ease and fill in the gaps on everything you need to know about Stamp Duty Land Tax (SDLT).

 

Whether you live in England, Wales or Northern Ireland, you have a responsibility to pay a lump sum of Stamp Duty on a residential property or a piece of land.  The amount of Stamp Duty you owe is based on the price of your house and there are several rate bands to indicate this.  If your property is under £125,000 you are exempt from paying the tax but as house prices increase, so does Stamp Duty – the below table indicates the SDLT rates:

Stamp Duty Uncovered

 

*Source: The Money Advice Service 

When you buy a new house, the ownership of the land has to be officially signed over to you which requires a Certificate of Land Ownership from the HMRC – only issued upon payment of SDLT.  The certificate and Stamp Duty go hand in hand, without a land tax payment, ownership will not be signed over.

 

How do you go about paying your Stamp Duty?  A solicitor usually takes care of this for you or you can do it yourself – but it’s important to note, even if you’re below the threshold of paying the tax, you’re still expected to submit a return.  In terms of preparing your payment, you do have the option of subtracting the value of certain items (chattels) from the total price of the property, e.g carpets, light fittings and other similar items.  This method could be particularly useful if you were just over the threshold of a band.  If an asking price was set at £251,000, you would be in the 5% band but through negotiation of chattels outside of the transaction you could put yourself into the 2% band – saving yourself a lot of money.

 

Here at Wright Marshall we have an array of properties that are ideal for first time buyers, putting you in the 0% band for land tax.  In Wistaston we have a luxurious 2 bedroom ground floor apartment,  a 3 bedroom semi-detached house in Winsford – ideal for a young family – and a brand new 2 bedroom house in Tattenhall.  All three of these properties are exempt from the tax meaning your dream of buying your first house is well within reach.

 

If you’re a first time buyer and would like to buy your first house Stamp Duty free, get in touch with our team to discuss your property ownership goals.