Estate Agent Talk
Stamp duty sums see sharp increase in Q3
The latest Gov figures on stamp duty tax receipts show that: – Transactions increased by 14% from 268,400 in Q2 2019 to 305,100 in Q3 2019. This is a similar increase to last year. Q3 2019 receipts were £3,150 million, 20% higher than in Q2, a sharper increase than for last year. This is…
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Cigarettes, cars and uni fees – the only things to outstrip rental growth this Millennium
Rental price growth has outstripped many of life’s day-to-day costs, like bread, eggs and fuel, research from online letting agent Howsy has revealed. The cost of renting a property in England has increased from an average price of £344 in the year 2000 to £858 in 2019, a 150% increase in just shy of 20…
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Brexit blues price drops and agent fees costing home sellers thousands on their sale – here are the most expensive areas
The latest research by estate agent comparison website, GetAgent.co.uk, has revealed the true cost of selling your home in current market conditions and the numbers show, it’s costing British home sellers an average of £21,721. GetAgent.co.uk looked at the current cost of selling across the UK based on the average estate agent fee on the…
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Time to sell hits 3 year high across UK cities according to the Hometrack Cities Index
The latest Hometrack Cities Index shows that: – UK city house price inflation is +2.4%, half the average growth rate over the last 5 years (4.8%). Slower house price growth and weaker demand has resulted in the time to sell hitting a 3 year high of 12 weeks while the discount to asking price…
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Renovating can cost UK homeowners £68k less than upsizing to a bigger home
Research by tradesperson comparison site, HaMuch.com, has looked at where across the nation homeowners are better of buying in order to upsize and where it’s more cost-effective to fork out for a DIY upsize extension. HaMuch.com looked at the price of a loft conversion at varying sizes to find the average cost of a DIY…
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Will You Get Fair Market Value During An Eminent Domain Case?
The worst thing a homeowner can hear is that the government needs to condemn their property for an Eminent Domain case. All the memories and money invested in your home will be gone in a flash. But, the government is supposed to offer fair compensation when they take your property, right? In theory, yes. That…
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New build figures at their best since Enya & Kylie topped the charts but worrying devil in the ‘home start’ detail
The latest figures on new build housing data have just been released by the ONS showing the number of new build homes to be started and completed across England. The latest data shows that: – Between April and June 2019 there were 38,020 dwellings started. During the same time frame, there were 46,960 dwellings completed….
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Mortgage figures continue to fuel market and exceed forecasted levels for September
Founder and CEO of GetAgent.co.uk, Colby Short, commented: “A number of industry-wide indicators have shown that there continues to be plenty of activity from the buyer side of the property market, at least where mortgage approvals and lending are concerned. This is extremely positive given the prolonged period of political uncertainty that has plagued the…
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Looking to Start Your Own Business? Here’s How to Get the Perfect Building
Looking for a building to start your business? First, educate yourself on what goes into renting a building. It’s a bit complicated, but your process of finding the perfect place starts with local research and knowing what you should look out for. Let’s go over the basics of finding a business property suited for your…
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The UK’s worst Halloween house price drops and the cost of buying with a Halloween road name
The latest research by national fast sale estate agent, Springbok Properties, has looked at where UK homeowners are in for the biggest fright this Halloween when it comes to the value change in their property since last year, as well as the sold price of properties on roads with a seasonally appropriate name. Springbok Properties…
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Nationwide shows political uncertainty still haunting the UK property market.
The latest Nationwide House Price Index shows house prices are up 0.2% on a monthly basis and just 0.4% annually. Founder and CEO of Springbok Properties, Shepherd Ncube, commented: “Much like the walking dead, the UK property market continues to plod on through the thick fog of Brexit uncertainty, showing little signs of resurrection to…
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Benefits of Consulting Architects When Designing Your House
A home is one big-time investment in a lifetime. That’s why every homeowner only wants the best design for a more beautiful, functional, and comfortable home. Consulting professional architects when designing your house is the right decision. Because of modern digital technology, architects can help you design your home and make your dream house come…
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Cheapest EU rental escape routes are Athens, Sofia and Bucharest
Whether you voted Remain or Leave it’s been a difficult time for Britons, as the Government continues in its failure to return any level of certainty to the UK property sector when it comes to our departure from the EU. If you’re unhappy with the deal being struck and want to remain in an EU…
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Unlucky number 13 still costing homeowners £20k on their property but the tide could be turning
With Halloween fast approaching, superstitions will be at an all-time high and one such superstition is the feelings surrounding the number 13. With 13 supposedly an unlucky number, having a property tarnished with it has long been a reason for lower asking prices and has even seen some big housebuilders remove it completely from their…
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Home is where the heart is: Letting to family members
For today’s younger generations, climbing the property ladder is becoming more difficult than ever before. Renting has become the norm, and the proportion of income now spent on rent varies widely across the UK. In London, the average is a staggering 85% for a single income, with Brighton (58%) being the next most expensive place…
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