WHAT ARE THE WORST FEATURES THAT COULD DEVALUE YOUR HOME?

With many homeowners rushing to sell their properties and others looking to move thanks to the Stamp Duty holiday, homeowners have revealed the features they’re looking for, and the one’s they’re keen to avoid. According to new research from Hammonds Furniture, certain features could knock an average of £49,471 off your home. Noisy neighbours, pet smells, pebble dash, being near…

World Mental Health Day….

We hope you’re doing ok. It’s not been the easiest year has it.. I think everyone is feeling very drained from all the anxiety and uncertainty. Hopefully you and your friends and families are safe and well, and you’ve been able to keep going doing what you can. It’s important to take care of yourself and get the most from…

Worrying new research from Direct Line Home Insurance has revealed that nearly 100,000 home sales were completed in the 2019/20 financial year without a survey of the property. Despite 42% of surveys uncovering issues with a property, 9% of homeowners did not have one completed. 25% of homebuyers were later hit with an unexpected bill for repair work, at an…

TENANT DEMAND HITS NEW ALL-TIME HIGH

The latest data and analysis from ARLA Propertymark has revealed that the number of new prospective tenants continued to rise in August, hitting the highest volumes on record with 101 registered per branch. According to the figures, the spike in demand breaks July’s previous record of 97. ARLA data shows that the number of rental properties available per letting agent…

FIRST-TIME BUYERS LOSING OUT AS LENDERS DROP HIGH LTV (loan to value) MORTGAGES, ZOOPLA SURVEY SHOWS 

The share of homes purchased by first-time buyers in the UK has fallen for the first time in five years, according to the latest Zoopla House Price Index. The research shows their ability to buy property is starting to be hit by COVID-19, the recession, and reduced availability of higher loan-to-value mortgages. The drop-off in demand correlates directly with when…

RISING SENTIMENT IN HOUSING MARKET COULD BE DAMPENED BY FEARS OVER JOB SECURITY

New data from BSA’s Property Tracker consumer survey has revealed a strong rebound in housing market optimism. However, according to consumer views, longer-term fears about job security may dampen future activity. The survey found that 68% of respondents cited job security as a major worry, topping the list of barriers to homeownership for the second quarter running. This time last…

RENTERS ABANDONING COMMUTER HUBS IN FAVOUR OF THE QUIET LIFE….

Due to the ongoing pandemic, office-based working and rail commutes have become less frequent this year, fuelling a growing trend of people making the move to areas with quieter transport links. Newly released research from Rightmove has found that emerging rental hotspots are further afield from traditional commuter hubs, with more renters looking to move outside the capital. Across the…