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Business as usual for the property market ahead of the election
Tuesday, June 18, 2024
With just over a fortnight until the general election on July 4th, the majority of buyers and sellers remain unphased and are continuing with plans to move. The number of sales being agreed (6% above 2023 figures) and the number of buyers sending enquiries to agents (5% over a similar period in 2023) remain steady, with the vast majority of those already in the home-moving market continuing with their plans according to Rightmove data. Its recent poll indicated 95% of those planning to move home said that the election will not affect their plans. Mortgage rates continue to stretch affordability, with potential movers more likely to be watching for a Bank of England rate cut rather than pre-election housing market manifesto promises.
Summer’s on its way!
Friday, May 24, 2024
It may not feel like it, but summer is on its way and whether you are travelling to far flung destinations or staying at home, you will soon be enjoying lazy days and sunshine, at least some of the time! So take the time to transform your garden, so you can relax and enjoy summer when it arrives. It’s 80% inspiration and many instant changes are possible even if you’re thinking of moving. With careful planning, if you’re preparing your property ready to market or are renting a property, the changes don’t need to be expensive or permanent. Here’s some food for thought for every budget and ideas you can make your own.
Rent arrears decrease as lettings market stabilises
Thursday, May 16, 2024
In new figures released by Propertymark, it is reported that an average of 2.5% of properties managed by its member agents were in arrears in March 2024 compared to December’s seasonal high of 4.2% , a rate that has fallen month on month since.
The Spring bounce has arrived
Friday, April 12, 2024
Buyer demand has hit a four-year high with a spring bounce for the property market according to the Royal Institution of Chartered Surveyors (RICS) UK Residential Survey for March. The report highlights improvements in buyer demand and also in sales and house prices with the most positive figures for buyer demand since February 2022.
Spring into action - the great outdoors
Friday, March 22, 2024
One thing that winter teaches us is to appreciate the great outdoors and the benefits of having gardens, parks or open spaces nearby. Rightmove research shows that 39% of buyers and 49% of tenants have changed their priorities and, with many still working at least part of the time from home, are increasingly looking for bigger gardens, more space, access to parking, and access to green spaces nearby. Whilst our network area is prime commuter territory with easy access to London, we are blessed with extensive public parks, picturesque gardens and stunning open countryside. Here are just some of the highlights.
New Home, New Look for 2024
Friday, March 15, 2024
If you are thinking about moving house and making some changes when you move in or maybe planning a fresh new look for your existing home, then here are some hints and tips about ringing the changes. For expert inspiration and motivation, it’s worth a visit to The Ideal Home Show at Olympia, London from 22nd March – 7th April 2024 where exhibitors will be showcasing all the latest products and on-trend, high-tech solutions for your ideal home. You can “Explore the Dream Home - the biggest, most extravagant, and innovative property to ever feature at the Ideal Home Show.” And this year, for the first time ever, all the products on show in the Dream Home can be purchased at the show! Ahead of the show, here are some pointers for what’s trending in décor this year.
