Estate Agent Talk
TV Town – here’s the cost of securing famous on-screen houses in today’s market
Leading property finance specialist, One77 Mortgages, has looked at the position buyers would have to find themselves in to secure a purchase on some of our best-loved TV and film homes. Based on the average deposit of 10% of property value and a required income of 4.5 times the required mortgage sum, One77 has looked…
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Game of Thrones properties will set you back 48% more than the UK average
With the final series of Game of Thrones almost at an end, leading national fast sale agent, Springbok Properties, has looked at the price paid across a number of GOT themed road names, for those hardcore fans who want to keep the legacy alive through a firm foundation of bricks and mortar. Springbok looked at…
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Every firm of Estate Agents should have one!
Partnership & Shareholder Agreements – Getting the business structure right. Why do you need a partnership or shareholders’ agreement? Whether your business is a partnership, LLP or limited company, unless you are the sole owner, you should have an agreement between the owners to cover the key issues that concern the ownership and management of…
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UK Mortgage Payers Billed £3.1bn in interest each month. But There’s Good News!
Leading property finance specialists, One77 Mortgages, has looked at the current mortgage bill of UK homeowners, how much of this is paid as interest, and how this has changed since a decade ago. Based on data on total loans and rates from the Bank of England, One77’s research has found that the total value of…
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Introducing a ‘clean and tidy’ clause for property buyers?
A recent news article shared us that was on the Daily Mail website speaks of the introduction of a ‘clean and tidy’ clause when it comes to selling and buying of property. Though an inventory will exist when it comes to knowing exactly what you are buying when you look to acquire a property, there…
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UK city regeneration – the next big investment opportunity?
UK High Streets have reached a ‘tipping point’. That was the view of a recently published parliamentary inquiry report on UK high streets.[1] The shift to online sales (now accounting for 20% of all retail sales); the upward revaluation of business rates, previous planning policies; and local authority financing constraints are impacting retailers and high…
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The 10-year shift of the north-south property divide
The latest research by leading automated property management specialists, Howsy.com, has looked at the changing face of the UK property market and how the north-south property divide has shifted over the last decade as property prices have increased. Howsy looked at the average house price across each county and chartered the physical north-south property divide…
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Interest rate increase to 1.5% could wipe £28k off the average house price
The latest research by the property finance specialists, One77 Mortgages, has looked at what a notable hike in interest rates could do to the UK property market. When looking at the correlation between changing interest rates and the average house price it’s clear that the two move in tandem and when rates go up, prices…
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The most affordable locations to buy a home revealed
The latest data from the Office of National Statistics has revealed where the most affordable places to buy a home are in England and Wales based on the ratio of the average salary and the average property price. The data shows that across England and Wales the affordability ratio has shown little change year on…
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We’ve had plenty of #Gazumping so why not #Gazundering now?
For many years there have been house price increases and with it comes the theme of gazumping and especially for within the world of those highly demanded property and locations… For the buyer it is a nervous waiting period scared that not only a chain collapse could hinder their chances of getting a dream property,…
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House prices fall in March and slump in demand continues…
A ‘cautious market’ is being used to describe the current situation in housing with a demand slump and price falls in varied news stories across the internet such as from City AM. Rightmove’s recent report stated that property prices fell in March 2019 with no ‘spring bounce-back’ that many investors had been hoping for –…
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Here’s what makes the perfect roommate as ranked by Londoners
The latest research by leading room share platform, ideal flatmate, has revealed what the most sought-after qualities are for those looking for that ideal flatmate or spare room. ideal flatmate uses scientifically-designed algorithms to match potential flat sharers with spare rooms and as part of this process, each person is asked to rank their feelings…
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Will the Spring Statement include much for the property market? Chestertons thinks not.
The Spring Statement is now the government’s public response to the forecasts from the Office for Budget Responsibility, with the full Budget delivered in the autumn. Falling just two weeks before Brexit, this is one not to be missed. But will the Chancellor announce any changes for the property market? Given what is happening in…
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What cost to live next to a Premier League football ground?
Living next door to a foot ball ground will be for some a massive headache and nightmare where others would see it as their lives fulfilled – Ultimately, it will boil down to if you are a lover of football or not I suppose! An interesting bit of research done by Ticketgum.com took a look…
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House price growth sluggish but homeownership continues to underpin the UK housing market
Property expert and Yomdel CEO, Andy Soloman, commented: “A sluggish start to the year for the UK property market and one that has become all too familiar as the wheels continue to fall off of our exit from the EU. Despite this lethargic market movement, the dream of owning our own homes continues to…
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