Estate Agent Talk
Data Is Not King
Our world seems to be increasingly driven by statistics and data harvesting. This information is being disseminated in ever more imaginative ways to theoretically enhance our knowledge and give greater insight into a specific sector. From graphs to percentage ratios, from analytical datasets to statistical predictions, our thirst for information is insatiable. No more is…

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AGENTS URGED TO PUSH FOR MORE ONLINE REVIEWS TO BUILD REPUTATION
Local business reviews are becoming increasingly important for reputation management, with recent research showing 90% of consumers read online reviews before visiting a business and 72% say that positive reviews make them trust a local business more (*Source: Invesp, 2018). Reviews are very powerful as they can influence buying decisions and this is reflected in…

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Only planning reform will fix the housing crisis
The Government should do more to promote best practice and diversify the housing market. The Institute for Fiscal Studies (IFS) reports that in London, just one in three young adults is able to afford a home, compared to 90% in 1990. According to the IFS, house prices have jumped 173% since 1997, while adults pay…

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Weekend news shows UK House Price Falls
“UK house prices post biggest fall since April as mortgage approval rates rise.” Alongside headlines such as ‘Average house prices cool‘ it has certainly been a few days of news to interest would be buyers and especially those outside owning their own property and likely to be sat in rented waiting for prices to fall….

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Only planning policy reform can solve the housing crisis
The NFB welcomes the Labour Party’s proposal aiming to future proof the planning system, but would encourage them to commit themselves to tangible policy more quickly. Building Magazine has reported that the Labour Party will undertake a “root and branch rethink” of the planning system, aiming to give local people a say over what their…

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Is the Number of Bedrooms Your House Has Decreasing Its Value?
When it comes to property values, there’s a lot of factors which come into play. However, one thing you may not realise could be impacting your houses value, is the number of bedrooms it possesses. The fewer the bedrooms the lower the value Buyers typically look for a house with at least 3 bedrooms. Obviously,…

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Communication and Credentials are the Key
In this fast paced, instant access world we seem to live in, communication in its various forms, seems to dominate our lives. Despite the plethora of mediums we can reach each other on – telephone, email, social media, newspapers or face to face, getting hold of people and communicating in the right ways with them,…

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Planning statistics demonstrate we need planning reform
We can’t solve the housing crisis without planning reform. The Construction Index reports that there were fewer planning applications made in the year ending June 2018 compared to June 2017. Statistics released by the Ministry for Housing and Local Government showed a decline of 2% in major residential planning applications, 3% in minor ones and…

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Industry experts join forces to host free workshop for Estate and Letting Agents
In the midst of a changing lettings market, three industry experts have joined forces to host a series of free one-off and exclusive workshops throughout October on ‘Restructuring Your Lettings Business’. Simon Duce, managing director of ARPM Outsourced Lettings Solutions, has teamed up with property business consultant and owner of Integra Property Services, Michael Day,…

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Why Manchester is So Popular for Property Development
Try to count the number of jib cranes on the Manchester skyline and you’ll quickly lose track. Property development is exploding across the city and expanding out into the surrounding areas. At the time of writing, there are 32 new developments promising to deliver more than 10,000 new apartments to the Manchester area. It isn’t…

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Characteristics to Look for in a Realtor
Selling your home can be an overwhelming experience but with the proper planning and market research, it could very well be smooth sailing. Another thing that is of utmost importance is landing a quality realtor. This person will help you analyze the market, throw open houses, price your houses correctly, and so much more. If…

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LonRes Opening Thoughts – Residential Review Summer 2018
With the arrival of Kit Malthouse as the seventeenth incumbent Minister of State for Housing since 1997, one could say that this time, at last, we have someone with real experience of local government – he was Deputy Mayor under Boris Johnson and previously a councillor for Westminster for eight years. Given that the important…

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Being Duped by Affordable Homes
Don’t be duped by ‘affordable homes’ or it could cost the earth Take a walk around some of our key towns and villages and I bet you will see more than a few mass-volume new home developments. The news is full of stories of first time buyers (FTBs) finding it difficult to get on to…

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1 in 3 chance of London’s property market crashing by 2019?
We can all see for ourselves that there is a slow down of price hikes in London and also out to some others parts of the country. Brexit and the scaremongering behind ‘a hard Brexit‘ and a ‘no deal Brexit‘ are making some fearful of a crash in the UK and of course a possible…

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Help To Buy – Is it just an excuse to inflate house prices?
There are snippets of good news for those hunting for their first home, those trying to get on to the property ladder, people after a home and not so much an investment. Prices of property are starting to fall in many places in England and especially in and around London, adjusting to the climate, slowing…

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