‘Spider season’ hits UK bedrooms
‘Spider season’ hits UK bedrooms – expert shares FIVE expert tips on keeping eight-legged visitors at bay As autumn sets in, millions of UK households are bracing themselves for ‘spider season’, the surge of male spiders entering homes in September and October in search for a mate. One of the most common places that spiders…
Want to Be in Your New Home by Christmas?
Moving house can be a complex and stressful process, with delays at various stages potentially putting completion dates at risk. Government data shows that the average home purchase takes around 120 days to complete, while around one in three property sales fall through, costing sellers an estimated £400 million each year. With Christmas now just…
Repossessed homes suffer 30% hit in value
The latest research from House Buyer Bureau reveals that there are almost 1,500 repossessed homes listed for sale on England’s housing market, with the largest numbers located in the South East and North West. House Buyer Bureau analysed England’s housing market to identify how many repossessed properties are currently for sale, where they are located,…
Price increase hints at usual Autumn bounce
Average newly-listed asking prices rise by 0.7% (+£2,441) this month to £367,440, the first monthly price increase since May: September’s above-average price increase for the time of year is a possible early sign of the usual Autumn bounce in activity, though there is considerable ground to make up after a somewhat subdued and distracted summer…
The Bank of England has held interest rates at 3.75% for the sixth consecutive time. Matt Smith, Rightmove’s mortgage expert, says: “The Bank of England’s decision to hold the base rate will come as welcome news to mortgage borrowers, particularly those on tracker mortgages whose monthly repayments move in line with changes to the base…
54,000 properties hit market during back to school rush
Over 50,000 homes have hit the market since the nation’s schools returned following the summer holidays, with the level of property for sale climbing by as much as 35% across some areas of England, according to the latest research by Yopa. The full-service estate agency analysed the number of homes listed for sale across each…
Fast track to London: The Essex villages offering country living and commuter convenience
For London buyers looking to exchange city life for more space, greenery and a stronger sense of community, Essex offers an appealing combination of countryside living and convenient connections into the capital. The rise of hybrid working has changed what buyers expect from a commuter location, and rather than simply searching for the shortest possible…
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Good-view homes command 81% premium
The latest research from UK Property Development (UKPD) reveals that new-build homes that boast a good view command an average price premium of 81.4% compared to overall new-build prices, with the premium in London approaching 110%. UKPD has analysed the estimated average asking price of new-build homes in England marketed as offering a ‘good view’,…
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Help Buyers to get Britain Building
Tim Foreman, Managing Director of Land and New Homes, LRG, comments: It is clear that Labour cannot meet its housing ambitions just through planning reform. It is imperative that Andy Burnham uses time at the upcoming Labour Party Conference to back a targeted successor to Help to Buy – one that restores demand without repeating…
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Landlords say managing rentals has become harder
Three-quarters of portfolio landlords say managing rentals has become harder The latest research from residential property management specialist, Rushbrook, has found that almost three-quarters of portfolio landlords say managing their rental portfolio has become harder in recent years, with the changing legislative landscape now prompting many to reconsider whether they need professional help with…
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Property renovations bringing housing prices down rather than up
Five renovations that might bring your house price down instead of up, according to a property finance expert Expert warns that not all home improvements add value Over-personalisation is one of the biggest risks Renovation mistakes could shave THOUSANDS off final sale price Homeowners can spend tens-of-thousands of pounds on renovating their home, but not…
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Scotland beats London for Britain’s rental market divide
London may be home to the highest rents in the land, with tenants in Kensington and Chelsea paying an average of £3,629 per month, but the latest research from London lettings and estate agent, Benham and Reeves, has revealed that Scotland is actually home to the greatest proportional divide between its most and least expensive…
Christopher Walkey