Blog - Residential sales
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First time around?
Friday, April 29, 2016
The chancellor’s Budget in March offered first-time buyers a generous bonus in the shape of a new Lifetime Isa, available from April 2017, to be used for a deposit on a first property. It has been suggested that more is needed for aspiring homeowners to make that all-important first step on the property ladder. Slow growth in salaries, job insecurity and rising house prices due to limited supply have delayed that first step for many first timers trying to accumulate a deposit. Many in their 30s are still unable to buy, with the average house price at ten times their salary, and the gap is increasing. For some a loan from the "Bank of Mum and Dad" is a possibility but others have to sacrifice a social life and live at home or rent whilst saving for a deposit.
OFSTED, Waitrose and odd numbers
Thursday, April 21, 2016
Asking prices for property across the South East are currently more than 30% above the national average of £299,287* with proximity to the capital having historically been the driving factor. Across the area that The Frost Partnership network covers there’s a host of factors pushing prices upward year on year. Bucks, Berks and Middlesex all have abundant park areas, leisure facilities, employment opportunities and transport links – road, rail and air. Commutability, (especially proximity to stations) is a key factor in sustaining both property prices and demand but what else creates the pockets where buyers are prepared to pay a significant premium for property?
Get your garden ready for summer.
Friday, April 15, 2016
Spring is here and as the evenings get longer and the days get warmer you can really start to dream about lazy days and sunshine. So what better time to give some serious thought to what you can do to get your garden ready for summer and make it a real haven for relaxing or entertaining? Whatever the size of your garden, even if it’s a small patio or roof terrace, a total transformation is almost instantly possible even if you’re getting your property ready to sell or are renting a property and don’t want anything too permanent. There’s something to suit every budget and ideas you can tailor to meet your needs.
A conservative budget for property?
Tuesday, April 12, 2016
With global finance risks and Brexit uncertainty influencing UK growth and limiting the options, George Osborne’s March budget was never likely to contain any major policy announcements. But the Conservatives have traditionally championed the homeowner’s cause and some meaningful housing initiatives were certainly hoped for when the Chancellor delivered his budget in mid-March. It was something of a disappointment for the UK residential market therefore to discover that previously announced Stamp Duty and tax relief changes were to go ahead with few bonuses UK homebuyers. No mention was made of plans to increase much needed housing supply despite previous budgets encouraging the use of public land to address the issue. So what was there in the Chancellor’s plans to make an impact on the property market?
Higher rates of Stamp Duty on second property may impact wider property market
Thursday, February 25, 2016
According to a recent estate agency survey, the proposed increase in Stamp Duty Land Tax on purchases of second and subsequent residential properties, may impact local property markets. In a national survey conducted amongst its members, Relocation Agent Network found 74% of respondents indicated that the proposed increase in Stamp Duty on purchases of second residential properties, may impact their local property market.
Home is where the heart is
Friday, February 12, 2016
If you are mid-property search for your ideal home and not finding your perfect property, its worth looking at things afresh and remembering that home is where the heart is, and with a little love and inspiration you may just find it’s closer than you think. Look again at the properties you’ve viewed. What did you love or hate about them? Could you keep the part you love and change the bits you hated? Is your best option not to move but to stay and improve? Here’s some great ways to rediscover the heart in your home
