Property Market Boom
Property Market Boom leads to more sales and higher prices The average UK property price has risen by 8.6%, which is roughly £20,000 in the past year. This is the highest annual rate since 2014 according to the Office for National Statistics. Over the year, house prices in England […]
Mortgage agreements for early 2021 at their highest since 2007
Mortgage approvals have reached a 14-year high, propelled by last year’s property market boom. The Bank of England’s mortgage data from the end of last year shows a 24.2% increase in mortgages agreed compared to the previous year, and at any time since the global financial crisis, with £87.7 billion worth of mortgages […]
The key trends we have noticed during the pandemic
A year of being homebound has given us a lot of time to reflect on what’s important in our personal and professional lives, and we’ve seen a huge shift in attitudes within the property sector too. Over the last 12 months, there has been a huge change in the way homeowners and tenants view their […]
Chelmsford now one of the most in demand locations!
Following the Chancellor’s decision to temporarily cut Stamp Duty, there has been a surge in property searches. Property portal Rightmove experienced a record surge in property searches – showing just how effective a stimulus the Stamp Duty cut could be. The website attracted 8.5 million visits on the day of the Summer Statement, when the Chancellor’s changes […]
Home improvements to help boost your house price
Whatever your budget, there are plenty of ways you can add value to your property before selling this year. For inspiration on where to start, have a look at these home improvement suggestions, ranging from high cost to low: Conservatories or sunrooms – adding a conservatory or sunroom is one of […]
What you need to know when investing in a buy-to-let property
Investing in a buy-to-let property is a dream that many of us will have at one point or another. Property has always been a dependable investment option, with successful landlords able to set up their rentals to run like clockwork whilst benefitting from an additional source of income. Before […]
Top Tips for First Time Buyers saving for a deposit
Buying your first home is an extremely poignant event in anyone’s life and being able to put down a significant deposit is vital to stand you in good stead for your future repayments. However, in light of the pandemic, we appreciate that it can seem more daunting than ever to imagine yourself taking that […]
Five top tips for a stress-free move
Buying a new property has the potential to be stressful, and we get it! To help you out, we have put together this guide of helpful tips, based on real buyers’ experiences. 1. Planning It might seem obvious, but lack of preparation can be the biggest hurdle for homeowners […]
Good News for First Time Buyers
Over the last 12 months, first-time buyers have found it more difficult to move forwards with their purchase plans, as low-deposit mortgages became increasingly scarce. Now that lenders have begun to re-introduce their 10% deposits, the current situation is looking up for new homeowners, as the number of available products at 90% loan-to-value […]
Stamp Duty Holiday Extended
It’s been estimated that 600,000 homebuyers agreeing a sale from May 2020 onwards will not pay any stamp duty at all and are set to be saving £5 billion in total – that is an average of £4,660 each, according to Zoopla. Last month, many questioned whether the further 140,500 waiting to complete would be […]