Your home’s location
Location is a key factor in determining the value of your home. So make the most of it. Whether it’s proximity to local transport links, schools, or beautiful countryside.

Kerb appeal
From flowers to fences or widows to door frames. Anything you can add to make your home look attractive at first sight will always help.

Smart technology
There is very little you can’t use smart technology for, whether it’s for entertainment, heating, or security. Make the most of it for a comfortable and modern way of living that will help you relax.

Energy-efficiency
Buyers like cost-saving and environmentally friendly features. Highlight any energy-efficient features, such as energy-rated appliances, LED lighting, smart thermostats, triple-glazed windows, or insulation upgrades.

Build a garden office
The proportion of property listings that now mention a garden office is now 11 times higher.* With so many of us working from home today, this is now high on the list of desirable features for many people.

Add bi-fold doors
By creating space while adding lots of light, you can really alter your indoor and outdoor living spaces as they seamlessly blend, allowing you to add real desirability to your home.

Open-plan living
Open-plan layouts have been on trend for the past few years. By increasing the size of your rooms by physically removing walls, your kitchen and dining area will seem so much bigger, with more light and a better feeling of space.

The kitchen
A new kitchen fitted with energy-efficient appliances is the central hub of any home. Doing this could add up to 15% to the value of your home.*

Create off-street parking
Off-street parking can add up to £50,000 to the value of your home.* So if you can create it where it did not exist before, many more home buyers will want to buy your home.

Does your home have any special features?
Whether we are talking about traditional architectural features such as an original fireplace, staircase, or stone walls, celebrate them. But do so in a respectful, neutral way that does not alienate potential buyers.

Outdoor living space
From great decking to the perfect patio, add lights, candles, an outdoor dining area, and a fire pit. Outdoor spaces, big or small, add to the value of your home and to the quality of your life.

Garden
Making the most of your garden is just as important as making the most of any room in the house. And this can not only add value to your home but also greatly increase its attractiveness to buyers.

Sell your property’s potential
Whether you have planning permission to build an extension or loft conversion, this is always worth mentioning to your agent as it could attract buyers.

Get in touch today to discuss moving to the place you really want to be

 

Zoopla*

 

The rental market is highly lucrative and full of opportunity, with soaring demand and lists of people looking to rent. As a landlord, you are set to gain a good return on investment; it’s just a bit more complex than it used to be.

Not conducting tenant screening
It’s vital to carry out the right background checks. The last thing you need is to place a tenant who is problematic when it comes to damage to your property or paying rent. Credit checks and references are good ways to ensure you are letting your property to the right tenants.

Not keeping on top of maintenance
It’s imperative to keep on top of your property. Small issues can very quickly become expensive problems if not dealt with quickly. If tenants live happily in a well-maintained property, then this reduces the risk of accidents, claims, or losses in revenue if your tenant decides to leave.

Not conducting inspections
A great way to prevent expensive repairs is to conduct regular inspections of the property. This will help you identify any potential problems before they become repairs. It's vital that you give your tenants at least 24 hours' notice before conducting viewings. It’s less about checking up on tenants and more about keeping your property in good condition.

Neglecting legal obligations
From the right safety checks to the correct level of insurance, there is a lot to remember. Having the right tenancy agreement is also vital, and you don’t want to skim over the details of this. It’s important to define the cost of rent and what it covers to notice periods. It’s also important to maintain records of rent payments, and while some things may not be a legal requirement, they can help your case if legal disputes arise.

Incorrect pricing
When deciding how much rent to charge, it’s important to strike the right balance. You don’t want to charge too much, which could lead to your property being vacant. On the other hand, you must factor in your maintenance costs and the area where your property is located.

Not using a letting agent
A letting agent can take care of as much or as little of all these processes for you, which helps protect your investment and ensures your rights as a landlord are protected. Managing your own buy-to-let property is a time-consuming business. But more than that, you don't want to get caught out or increase your costs due to poor management.

Contact us today to find your buy-to-let property

 

Buyer demand in July was 3% higher than in 2019, but the number of available properties for sale was 12% lower than the same period in 2019.* This means that your home is in demand. While there is a healthier choice of properties than in recent years, demand still exceeds supply.

The housing crisis
There is a backlog of 4.3 million homes that are missing from the national housing market because they were never built.** With so much talk of high interest rates and the cost of living, it’s easy to forget that the housing crisis has not gone away.

Some good news about inflation
Inflation is finally falling, as it dropped to 7.9% in the year to June.*** This is the lowest level for over a year and will impact the base rate, meaning lower mortgage interest rates should follow. As this happens, the property market will revitalise, but without the sudden upsurges of the past.

First-time buyer homes
The national average asking price for these types of homes decreased by -0.4% from June to July, with an annual change of +0.3%.* The demand for first-time buyer-type properties is high, with many people still managing to get a footing on the ladder despite all the challenges. The mortgage guarantee scheme, which ends in December, has helped, as has a competitive range of mortgages from high-street lenders.

Second-steppers homes
The national average asking price for these types of homes decreased by -0.5% from June to July, with an annual change of +0.6%.* With many home movers getting a good price for their first-time buyer-type homes, they are taking advantage of good levels of equity and moving to something bigger. Whether it’s a house in the suburbs or a townhouse, the figures show that these types of houses have increased in value over the past year.

Homes at the top of the ladder
The national average asking price for these types of homes decreased by -0.1% from June to July, with an annual change of +0.8%.* Homes at this end of the market had not been quite as buoyant in terms of sales as those in the first-time buyer market. However, overall, as with all house types, the value of these types of properties looks healthy on an annual basis.

Spend some time with your agent
It’s easy to listen to the news or look at average house prices and arrive at the wrong conclusion. Agents know your local market intimately. Better still, they have the right approach when it comes to pricing your home at the correct level. Properties that need a reduction in asking price are 10% less likely to find a buyer compared to a property that was priced correctly in the first place.* Your situation will differ from that of the next person. You may have high levels of equity in your home, but even if you don't, agents today can put you in touch with mortgage providers and advisors who will create a solution that is right for you.

Get in touch today for advice on all aspects of your move

Rightmove*
centreforcities**
Office for National Statistics***

 

It’s worth talking to your agent this August as the housing market is in good shape for many reasons. So, whether you are on holiday or looking for a holiday home to buy, downsizing or moving to something better, here are a few good reasons to do so.

Every home is different
The location of your home is important, as is the property type. First-time buyer-type homes, for example, have been selling very well. But with all that said, your individual home stands for a lot too. Every home has its own personality and unique features that make it desirable to a buyer. And the chances are, if your home is in any way attractive to certain buyers, they will not be alone.

Demand for your home is strong
Buyer demand is 3% higher than it was in 2019.* It’s completely unfair to compare these figures to the unsustainable levels during the pandemic. But every cloud has a silver lining, and much of that rapidly gained equity will still be in your home. This means that if there is a crash, you are still in a good place.

Your situation is unique
The number of homeowners who own their homes outright in the UK stands at 35%, while the number of homeowners with mortgages stands at 30%.** If you are one of the majority that does not have a mortgage, you may be less apprehensive about making a move now in the face of fluctuating interest rates.

The long-term view looks good
In the long term, house prices increase, and if you are concerned about the short-term fluctuations in price, they will be absorbed by the long-term increase in the value of your home.

How much time have you invested in your property?
Many homeowners in the UK who buy a home will live in it for well over ten years. So, if you bought your home before the pandemic, you have a double layer of accumulated equity to fall back on. Many people are in this situation, and this, combined with good demand, sures up the property market.

Home movers are on holiday
With so many people enjoying their holidays at this time of year, the market may lose a bit of momentum. So often, these changes in price can come about because of seasonality. Now is a good time to get out and have a good look at the home you may want to move into. There is a lot of choice, and with the market being less frantic, you may have more flexibility when it’s time to make an offer.

Conclusion
So, what does this price change mean? Not a lot, and with years of equity, you are in a good place even if there is a sudden drop in prices. But as things stand, prices are steadily declining only slightly, which means you will not get caught out in the middle of your move. After all, you want to live in the home you want; you are not playing the stock exchange.

Contact us today to see how far your money could go towards buying your property dream

 

Rightmove*
English Housing Survey**

 

 

If you’re in the market for a new home this summer, you’ve timed it just right. According to data from Rightmove’s house price index, this summer saw the highest number of homes for sale in eight years.* As a result, it comes as no surprise that sales increased by 13% between May 2023 and May 2024.* Additionally, because the number of homes for sale has increased at a slightly faster rate than sales agreed, there is a strong supply of available homes for sale.

Why is the market growing?

Post-pandemic rebound

The economy has recovered after taking a hit during the COVID pandemic, and as a result, we are seeing a rebound in housing market activity. Homeowners who may have put off selling their home during the pandemic now feel more confident in putting their property on the market.

Lower mortgage rates easier

The decrease in mortgage interest rates is another factor contributing to the high number of homes for sale. With interest rates falling in 2024, many potential buyers are taking advantage of favourable borrowing conditions to buy a home. This increase in demand has led to more homes being listed for sale as sellers look to capitalise on the surge in interest.

Stable prices

Despite the increase in the number of homes for sale, property prices have remained relatively stable. This has provided a sense of assurance for both buyers and sellers, creating a balanced market where transactions can occur smoothly. The stability in prices has encouraged more homeowners to make their move, knowing that they can achieve a fair value for their homes.

How does this benefit buyers?

Increased options

With the highest number of homes for sale in eight years, buyers now have a wide range of properties to choose from. This means they are more likely to find a home that fits their specific needs and preferences.

Less competition

A surplus of homes on the market means less competition among buyers. This can result in a less stressful homebuying experience, as buyers may not need to rush into making an offer out of fear of losing the property to another buyer.

Potential price reductions

In a busy market with a high level of supply, sellers may be more willing to reduce their asking prices in order to attract buyers. This presents an opportunity for buyers to receive a good deal on their dream home.

How does this benefit sellers?

Faster sales

While an increase in available properties may seem like bad news for sellers, it can actually lead to quicker sales. With more options available, motivated buyers are more likely to make a decision and move forward with a purchase.

Increased exposure easier

More homes for sale means more listings for buyers to browse through. This increased visibility can benefit sellers because it attracts a larger pool of potential buyers to their property.

Competitive pricing

By pricing properties competitively, sellers can take advantage of the abundance of homes on the market. Sellers who set a reasonable asking price may attract more interest and receive multiple offers.

How a good agent can help you

As a buyer, a good agent can help you find your dream home among the abundance of options available. They will listen to your needs and preferences, then use their expertise to narrow down the search to properties that meet your criteria. An experienced agent can also help you make an offer, secure a mortgage, and close the deal. As a seller, you can benefit from an agent’s in-depth knowledge of local market trends as they help you price your property competitively to attract the right buyers. A reputable agent will also handle all the negotiations and paperwork, taking the stress out of the selling process.

 

Book a valuation today to start your move

 

Whether you are highly experienced in renting or not, there is always something new to learn. So here are a few tips to help make your move go as smoothly as possible.

Think about what you need from your next property

It’s much easier to find what you are looking for when you know what you want. Consider the area, the type of property and any additional features you require in your new home. Start your search in good time and get familiar with what’s on the market. By doing this, you can ensure that you are looking for the most suitable property for yourself.

Talk to your agent and be ready for

Now that you have decided what it is you are looking for, talk to your agent. They will be able to send you any properties that become available. When they do find a property suitable to your needs, it's best to be ready for viewings. It’s no secret that there is high demand for rented accommodation, so you want to be able to act quickly when the right property appears.

Have your paperwork to hand

Missing out on a property you really like because you were not prepared isn’t a nice feeling. To ensure this doesn’t happen to you, check that all your paperwork is to hand well before your move. You may need things like photo ID, proof of your address and employment. If you are using a guarantor, you need to have an important conversation with whoever you choose.

Prepare to leave your old property

Leaving your old property behind can become a lengthy process. If you are moving from another rented property, you want to get your full deposit returned. Cleaning, garden maintenance, and packing your belongings are often tasks that take much longer than you think. So, it’s important to plan your time carefully, as making an early start is worthwhile. Check gas or electrical meters before you leave because you don't want to get any bills that do not belong to you.

Understand your rights and responsibilities

You may already be familiar with your rights and responsibilities as a tenant. If you’re not, here is a reminder of the main points outlined on the GOV.UK* website.

Your rights include

• It is your right to live in a property that is safe and in a good state of repair.
• Have your deposit returned at the end of the tenancy and be protected from unfair evictions.
• Your right to challenge charges that are considered excessively high.
• See the property’s Energy Performance Certificate (EPC).

Your responsibilities include

• Granting your landlord access to the property to carry out repairs and inspections if they have given 24-hour notice.
• Taking good care of the property.
• Paying any bills that you have agreed to with your landlord that are your responsibility to pay. For example, energy bills or Council Tax.
• Paying for any damage or repairs that have been caused by you.

Get to know your tenancy agreement

Understanding your tenancy agreement is important. Some go into more details than your statutory rights and may include other points outlining the tenancy length, the date it began, notice periods, and so on. Your agent can guide you through any queries you have about your agreement or anything that is not outlined in it. A good rule of thumb is to check first, particularly when it comes to tasks such as decorating. You will also need to know which appliances and furnishings are provided; it could be that the property is fully or partially furnished.

Consider renting an agent-managed property

You don’t have to choose a fully managed property to benefit from deposit protection schemes or the continuous support of your agent. Many agents offer part managed properties. If you are renting through an agent, they will be a huge help. From finding your property, placing your deposit in a deposit protection scheme, arranging references, and more. If you choose a fully managed property, you will have 24/7 year-round maintenance support included.

 

Are you looking for a more agreeable tenancy agreement and a great property?

 

GOV.UK*

 

One of the most important components when selling your home is the expert agent valuation. It will inform you of your property’s value and a potential asking price you could set when placing your property on the market.

In this article, we discuss how your property is viewed and valued in a home valuation, allowing you to gain a better understanding of how an expert agent determines your home's overall value.

Is a home valuation important?

Home valuations can affect the entire selling journey of your property, so you need to ensure they are achieved correctly. If an inaccurate valuation is completed and it’s reflected in the asking price, this could delay the sale.

The first ten days of your property on the market are the most important, as it will receive the most interest during this time. So, with this in mind, it’s crucial to ensure you have an accurate, fair representation of your home’s value in the asking price.

Knowing your home's true value can provide you with a clear budget for searching for your next home, as well as allowing you to identify the current equity within your property if you were to sell.

How does an expert agent value your property?

The expert agent will use their own experience and knowledge of the local market, along with five main physical components, to determine the value of a property.

• Location
• Layout Size
• The property's condition
• Unique features

Ultimately, the interior and exterior of your home plays a huge part. If you have a beautiful, private home with incredible characteristics and uniqueness, its value will be higher than that of an average neutral-looking home that is the same size and location.

Another huge factor is location; this determines the local amenities, schools, opportunities, and jobs the property could provide, adding value.

When valuing a property, agents use the price of comparable homes that have sold in that area as their main guide. This allows agents to identify what potential buyers are willing to pay, helping to understand the local supply and demand for property.

A combination of various factors, including your personal circumstances and the current state of the surrounding property market, will determine the value of your home.

How do you decide which agent to go with?

Choosing the right agent can be a daunting process, as your home is your most valuable asset, so shop around and speak to a variety of agents. Never choose an agent based on how much they value your home, as some agents will quote you a slightly higher value than they believe simply to get your business.

It's critical to have a connection with your chosen agent, as you will spend a lot of time with them, and you want to make sure they love and respect your property as much as you do. Trust your gut, don’t rush, and ensure you like the agent you will be working with. By working with us, we can offer support from your first home valuation all the way to exchanging contracts and discovering your next dream home.

 

Book a free, in-person valuation today and allow us to support you throughout your entire selling journey

 

 

 

Moving house doesn’t have to break the bank. In fact, by planning ahead and taking tactical steps, you can get started on your next chapter with a clean slate and a well-organised home.
Here are some essential tips to help you save money and streamline your move.

Book promptly

When it comes to moving, timing is crucial. One of the best ways to save money is by booking your moving services well in advance as this gives you time to compare rates. Many moving companies also offer discounts for OAPs, key workers, and armed forces, so don’t forget to check if you’re eligible.

Get the timings right

Booking early also ensures that you get the moving date and time that best fits your schedule. During peak moving seasons, such as summer and end-of-month dates, moving companies can get booked up quickly. By planning ahead, you avoid the stress and potential extra costs of trying to find available moving services at the last minute.

Empty your cupboards

Before you start packing, take a good look at your cupboards. You might be surprised by how much food and household items you've accumulated over time. Instead of letting these items go to waste or lugging them to your new home, aim to use them up.

Meal planning

Create a meal plan that focuses on using the ingredients you already have. This approach not only reduces waste but also cuts down on your food shopping bill in the weeks leading up to your move. Be creative with your recipes and try to use as many of your cupboard staples as possible.

Sell unwanted items

Moving is the perfect time to declutter and make a bit of extra cash by selling items you no longer need. This will reduce the volume of things you need to move to your next home, while saving both time and money.
Use online platforms like eBay, Facebook Marketplace, and Vinted to sell your unwanted items. Whether it’s furniture, clothes, or electronics, there’s likely someone out there who will be interested in what you’re selling.

Declutter

Decluttering is one of the most effective ways of cutting down your moving costs. But it isn’t easy, so tackle your decluttering one room at a time. This method makes the task more manageable and ensures that you thoroughly go through each space.
Sort items into categories: keep, sell, donate, and dispose of. Be ruthless – if you haven’t used something in the past year, it’s likely you don’t need it.

Get your packing materials for free

You can save a great deal of money by getting your boxes and bubble wrap for free. Many shops and offices offer their used packing materials at no cost to reduce waste. You might even find someone in your local community offering their used boxes, so check online first before committing to paying out for your packaging.

Curious about what your home could achieve on today’s market? Book a valuation today