If you’re renting in London or Middlesex and don’t currently own a home, you may qualify for the Homeownership Down Payment Assistance Program. It provides up to 5% of the purchase price, capped at $25,000, as an interest-free loan that can be forgiven after 20 years, as long as program requirements are met. This support […]
London’s Market Reality Check London isn’t cheap anymore—but it’s still one of the most liveable cities in Ontario. The influx of Toronto and GTA buyers over the last five years reshaped prices and pace. The good news? You still get far more house for your dollar here than in the big city. The bad news? […]
In Ontario, changing who owns a property—whether by adding a spouse, removing a former partner, or gifting a share to a child—is not as straightforward as it sounds. You can’t simply “add someone to title” or “take someone off.” From a legal and tax perspective, every change is considered a property transfer, and it often […]
In Ontario, a mortgage pre-approval is a lender’s conditional commitment to loan you a specific amount of money for a home purchase, based on an initial assessment of your financial situation. Here’s how the process works: 1. Applying for Pre-Approval You’ll need to provide the lender with:✅ Income Verification – Pay stubs, T4s, employment letter, […]
A Comprehensive Guide to Additional Dwelling Units (ADUs) in London, Ontario Are you interested in adding additional dwelling units (ADUs) to your property in London, Ontario? ADUs are becoming increasingly popular as a way to increase the supply of affordable housing, and recent changes in legislation have made it easier than ever. In this blog […]
Choosing the Best Real Estate Agent for you can have a great impact on your home buying and selling experience. This is a big investment, finding the best real estate agent at the beginning ensures you won’t have any regrets at the end. Things to consider when looking for the Best REALTOR®: You’re going to […]
Home staging can be an easy and affordable way to sell faster and show buyers your property is well worth the investment. Start with a fresh mindset and try to imagine you’re stepping into your space for the first time. Then use these tips to get your home in top shape and let the […]
Premier Kathleen Wynne today announced measures for controlling the real estate market in an effort to protect local buyers from getting priced out by escalating rents and swelling home prices 16 measures — most of which must be passed legislatively before being implemented were announced. They include: A 15% tax on home purchases by non-resident foreigners in […]
With Toronto and Vancouver home prices soaring to unprecedented heights amid years of historically low interest rates, regulators have stepped in to introduce new mortgage rules aimed at tightening up the market. Industry officials estimate that roughly 1 in 12 new home purchases could be impacted. Here are some examples of how these changes could affect you in our local London home […]