How is a home valued?

If you are looking to sell or let out your property and have contacted estate agents, chances are the first thing you are offered is a full property valuation. But how do agents determine the price of your property? The main aspects used to determine the price are the location, the size and comparable local prices. These however, are not the only aspects and there will be other factors considered...

House prices 2021

The average house price rose £3,000 in May

House prices have continued to soar across the UK with the average property price now sitting at £261,743. The month of May saw a huge increase of 1.3%, with an overall rise of 9.5% when compared to the same month in 2020. These figures average at a year-on-year price increase of £22,000 and £3,000 for the month of May alone. The housing market is now at its strongest position since August 2014 and...

Eviction

Emergency measures for tenants during the pandemic are coming to an end

The eviction ban is ending During the pandemic, the government implemented emergency measures to help tenants who may be struggling to pay rent or keep their home while the country was in such an uncertain state. The measures in place included a minimum 6-month notice period for landlords and a ban on evictions. The government has now announced that these measures are easing and the minimum notice that...

stamp duty

The Stamp Duty Rules – Explained

What are the current Rules surrounding stamp Duty? When the coronavirus pandemic first hit in early 2020, the chancellor announced the 'Stamp Duty Holiday' to encourage people to continue purchasing property during the uncertain time. This went down very well with house buyers and the market continued to boom throughout. After nearly a full year of savings, the Stamp Duty holiday was due to end in...

Rental demand booming

Houses are being let 30% quicker than this time last year!

Housing Portal Zoopla has released their quarterly rental market report which has shown that houses in the UK are being reserved on average 30% faster than this time last year. These figures equate to an average of nearly a week (6 days) and this shortening period has been seen across all cities. The situation with flats however remains similar to this time last year, with just 2% faster timescales....

2021 housing news

House Prices to rise 4% in January – Rightmove Predicts

The UK’s biggest property portal ‘Rightmove’ have weighed in with their opinions on the 2021 Housing Market, predicting a 4% rise next year. Experts have been divided on how the market will go in the coming 12 months, with 2020 seeing an incredible 7% rise in prices despite the coronavirus pandemic. The Stamp Duty Holiday has undoubtedly contributed to this rise, with prices and sales soaring as...

Property Decorating Tips (On a budget)

Redecorating your Property (In a budget-friendly way) If you are looking to put your property on the market for sale or let then it’s vital that the property is displayed in the best possible way to attract buyers and tenants. Here we explore some quick, easy, and budget-friendly ideas to ensure your property is shown to its full potential.   Paint the walls This may seem obvious...

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