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A chain, when used in reference to the process of buying or selling a house, is a sequence of linked house purchases, each of which is dependent on the preceding and succeeding purchase. The term is commonly used in the UK. [1] It is an example of a vacancy chain.
With the suspension of HIPs from 21 May 2010, [1] Property Information Questionnaires are now redundant and not required when selling a house in the United Kingdom, except for Scotland, where they are an important part of the selling process. A house in Scotland, except for a few circumstances, i.e. new builds is not allowed to be marketed ...
There is separate legislation for Scotland that requires anyone selling a property to provide a Home Report. [1] The pack was a set of documents about the property: an Energy Performance Certificate, local authority searches, title documents, guarantees, etc. The introduction of HIPs was subject to delays and reduced requirements, but they ...
There was a fall in the numbers of house completions after the 2008 recession, but by 2015 it was back up to 169,000. [54] According to the Centre for Ageing Better 21% of homes in the UK were built before 1919, 38% before 1946, and only 7% after 2000, making the British housing stock older than any European Union countries. [55]
Domestic real estate represented the largest non-financial asset in the UK, with a net worth of £5.1trillion (2014). [3] Foreign investment plays a substantial role in the UK's real estate market, particularly in London, and foreign companies and individuals invested around £20billion in UK real estate in 2012. [4] [needs update]
Here are 10 tips for selling your home that Realtors say will separate you from the competition — and help you bring in a higher price. 1. Find a real estate agent
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