Buying with Finn's
Property Search
Stamp Duty Calculator
Simplify your journey to homeownership with our easy-to-use stamp duty calculator tool.
Buying FAQ's
Frequently Asked Questions
From understanding the nuances of the market to decoding legal jargon, Finn's Property FAQs is your trusted resource for all things real estate. Let's embark on this journey together, ensuring that you are well-equipped with the knowledge needed to make informed and confident choices in the realm of property ownership.
What is a mortgage agreement in principle, and why do I need one?
A mortgage agreement in principle is a preliminary offer from a lender indicating how much they might be willing to lend you. It helps determine your budget and signals to sellers that you are a serious buyer.
What is stamp duty, and how is it calculated?
Stamp Duty Land Tax (SDLT) is a tax on property transactions. The amount you pay depends on the property's purchase price and whether you are a first-time buyer, home mover, or purchasing an additional property. Stamp duty rates are tiered.
What is a property survey, and do I need one?
A property survey is an assessment of a property's condition. While it's not mandatory, getting a survey is advisable to identify potential issues. Types of surveys include Homebuyer Reports and Building Surveys.
What is the difference between freehold and leasehold properties?
Freehold means you own the property and the land it stands on outright. Leasehold means you have the right to occupy the property for a fixed period, subject to conditions outlined in the lease agreement.
