Bill Tandy's latest market update

Bill Tandy's latest market update




Top 20 New-Builds For Sale

New builds, with their high energy efficiency and glossy, modern finishes are amongst the most coveted property types in the UK.

Click here to read Top 20 New-Builds For Sale.



Transform Your Bedroom on a Budget

For many of us, our bedroom is our sanctuary and the personal, designated hideaway of our home, and so it only makes sense to curate a design that elicits peace and joy.

Click here to read Transform Your Bedroom on a Budget.



Mavesyn Ridware, Rugeley, Staffordshire, WS15 3QE

The Old Hall, Mavesyn Ridware is an exquisitely beautiful Grade II* country house set on the edge of this beautiful ... 
 
£1,750,000

Click here to read Mavesyn Ridware, Rugeley, Staffordshire, WS15 3QE.



Harlaston, Tamworth, Staffordshire, B79 9HT

Opportunity to purchase outstanding properties such as Haselour House are particularly rare, and this wonderful example of a gorgeous...
 
£1,700,000

Click here to read Harlaston, Tamworth, Staffordshire, B79 9HT .



Top tips on creating key selling points for your home

 
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*



Six mistakes landlords should avoid making

 
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 remains strong this summer

 
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 not all about house prices

 
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**



Abnalls Lane, Lichfield, WS13

The accommodation comprises impressive dining hall, two generous reception rooms, kitchen...

Offers Over £995,000

Click here to read Abnalls Lane, Lichfield, WS13.



Shute Hill, Chorley, WS13

Bill Tandy and Company, Burntwood, are pleased to present this outstanding individually...

OIEO £850,000

Click here to read Shute Hill, Chorley, WS13.



Haselour Lane, Harlaston, Tamworth, B79

Opportunity to purchase outstanding properties such as Haselour House are particularly rare, and this wonderful example of a gorgeous Georgian country home is a true delight.
 
£1,700,000

Click here to read Haselour Lane, Harlaston, Tamworth, B79.



Gaiafields Road, Lichfield, WS13

This stunning detached family home built in the circa 1930's by the renowned Lichfield builder J R Deacon stands in a most significant plot at the end of Gaiafields Road.
 
£950,000

Click here to read Gaiafields Road, Lichfield, WS13.



Social Light, LichfieldSaturday 1st February 2025

A new night for music heads in Lichfield. Djs playing an eclectic mix From Dub to Disco and everything in between - all on vinyl.

Click here to read Social Light, LichfieldSaturday 1st February 2025.



Hanch, Lichfield,Staffordshire

This beautifully restored farm house has been thoughtfully renovated with quality and luxury in mind. From the stunning herringbone flooring...
 
£945,000

Click here to read Hanch, Lichfield,Staffordshire.



Good news for tenants in 2025

The year 2025 is shaping up to be a positive one for tenants, with a series of policy changes, technological advancements, and market trends offering improved living conditions, enhanced affordability, and stronger tenant protections. For years, renters have faced challenges such as rising rents, lack of transparency, and limited legal protections. However, 2025 brings a wave of reforms aimed at addressing these longstanding issues.

Stabilised rental prices

One of the most significant developments is the stabilisation of rental prices in many urban centres. Governments across various regions have implemented stricter rent control policies and increased incentives for developers to build more affordable housing units. These measures have begun to ease the financial burden on tenants, offering more predictable and manageable monthly costs.

Enhanced tenant rights and protections

With the Renters' Rights Bill passing through Parliament, tenants are set to benefit from stronger legal protections. The bill introduces measures to prevent unfair evictions, regulate excessive rent hikes, and provide extended notice periods for tenants facing eviction. Additionally, renters will have improved access to legal aid and mechanisms to address landlord misconduct, ensuring fairer treatment across the rental sector.

Rise of sustainable and affordable housing

A major focus in 2025 has been on sustainable housing developments. Governments and private developers are working together to create energy-efficient rental properties, reducing utility bills for tenants and contributing to environmental sustainability. Many new rental buildings now come with smart home features designed to minimise energy waste.

Digital solutions for better transparency

Technological advancements are also benefiting tenants. Digital platforms now offer greater transparency in rental agreements, automated rent payment systems, and streamlined dispute resolution processes. Prospective renters can easily verify landlord credentials and property details through secure online platforms.

Increasing supply of homes  

In response to rising demand, governments have incentivised property developers to increase the supply of rental properties. Additionally, underutilised commercial spaces are being repurposed into residential units, further expanding housing options.

Focus on community living and amenities

Modern rental developments are placing greater emphasis on community-orientated living spaces. Amenities such as shared workspaces, fitness centres, green spaces, and recreational areas are becoming standard offerings in rental properties, enhancing tenants' overall living experience.

Support for vulnerable renters

Special programmes have been rolled out to support vulnerable groups, including low-income families, senior citizens, and individuals with disabilities. Subsidies, rental assistance programmes, and social housing initiatives are playing a critical role in preventing homelessness and housing insecurity.

Looking ahead

While challenges still exist, 2025 marks a turning point in the rental market. With a combination of policy reforms, innovative technologies, and a commitment to sustainable living, tenants can look forward to greater stability, affordability, and overall quality of life. As these changes continue to take effect, the outlook for renters appears brighter than ever before.

 

Get in touch to discuss a better way of renting



Why 2025 could be your year?

As we step into 2025, the UK property market is showing strong signs of promise, making it an ideal time for prospective buyers, sellers, and investors to make their move. With more competitive mortgage rates, improving market conditions, and a wide selection of fabulous homes in fantastic locations, the year ahead looks set to offer solid value for money and exceptional service from property professionals. Here's why 2025 could be your year in the property market.

More competitive mortgage rates

Over the past few years, mortgage rates have been a significant concern for buyers, with economic fluctuations creating uncertainty. However, as we enter 2025, mortgage lenders are offering more competitive rates, making property purchases more affordable for first-time buyers and seasoned investors alike. With interest rates stabilising and lenders eager to attract new customers, securing a mortgage has become a more appealing prospect.

Improving market conditions

The property market is showing clear signs of recovery and resilience. After a period of volatility, stability is returning, and confidence is growing among buyers and sellers. Experts predict steady growth in property values, and many regions across the UK are experiencing renewed interest from domestic and international investors. This improved market sentiment is creating a healthier environment for transactions.

Fabulous homes in fantastic locations

From city-centre apartments to countryside retreats, the UK offers a diverse range of properties to suit every lifestyle. In 2025, developers and estate agents are focusing on delivering high-quality homes in prime locations. Whether you're searching for a family home in a top school district, a modern city apartment, or a picturesque rural escape, the choice has never been better.

Solid pricing and value for money

One of the standout factors for 2025 is the balance between property prices and the value on offer. While some areas are experiencing moderate price rises, many properties remain competitively priced, offering strong investment potential and long-term value. Buyers can expect their money to go further, with opportunities to secure properties in up-and-coming areas poised for future growth.

Excellent service from property professionals

Navigating the property market can be challenging, but in 2025, buyers and sellers will benefit from outstanding service from experienced property professionals. Estate agents, mortgage brokers, and conveyancers are more focused than ever on delivering transparent, client-focused services. With cutting-edge technology and personalised support, property professionals are making the buying and selling process smoother and more efficient.

Conclusion

Make 2025 your year with competitive mortgage rates, improving market conditions, stunning homes, value for money, and exceptional professional support, 2025 presents a unique window of opportunity for anyone looking to step into the UK property market. 

 

Don’t let the opportunities of 2025 pass you by, your dream property might be just around the corner. Book a valuation



Positive ripple effects: Why now is a good time for first time buyers?

 



Hanch, Lichfield,Staffordshire

Forming part of the luxury development at Hanch, this stunning single storey barn conversion offers the best of all worlds..,
£795,000

Click here to read Hanch, Lichfield,Staffordshire.



Tips on making the most of an improved moving market in 2025

As 2025 begins, the UK property market is showing encouraging signs of growth. With house prices on the rise and significant changes to Stamp Duty on the horizon, both buyers and sellers have a unique opportunity to make great moves. Whether you're looking to secure your dream home or a seller preparing to capitalise on market momentum, understanding the key trends and preparing effectively is essential. In this article, we’ll explore practical tips to help you navigate the improved moving market and make the most of the opportunities ahead.

A promising start to 2025

The UK housing market has kicked off 2025 with promising momentum, as new data reveals a steady rise in property prices. House prices increased by 4.7%* year-on-year in December, marking a strong end to 2024 and setting an optimistic tone for the year ahead. Stamp Duty changes from 1st April 2025 for first-time buyers will drop from £425,000 to £300,000.** Additionally, Stamp Duty will rise by 2% from 0% on properties from the portion priced between £125,001 and £250,000.** This is encouraging people to move now.

Capitalising on market momentum

With property prices rising and the Stamp Duty deadline looming, both buyers and sellers should act decisively to make the most of the current conditions. Buyers can benefit from locking in favourable mortgage rates and securing properties before the tax increase. Sellers, on the other hand, can take advantage of increased demand driven by buyers eager to save on taxes. Strategic planning and swift action are key to navigating the evolving market landscape.

Preparing your home for sale

For sellers, presenting your home in the best possible light is crucial to attract potential buyers in a competitive market. Start by decluttering spaces, making essential repairs, and enhancing kerb appeal. A fresh coat of paint, well-maintained gardens, and clean interiors can make a significant difference in how your property is perceived. Professional staging and high-quality photos also play a key role in making your home stand out in online listings and viewings.

Financial preparation is essential

Whether you're buying your first home or looking to invest in property, having your finances in order is crucial. Start by consulting mortgage advisors, getting pre-approval for financing, and understanding your budget limitations. Staying informed about local market trends and acting early can help you avoid unnecessary delays and additional costs. Proactive financial planning ensures you're well-positioned to capitalise on the current market momentum.

Looking ahead in 2025

The UK property market is set for an eventful year, with rising house prices and significant tax changes on the horizon. Both buyers and sellers have a unique window of opportunity to act before the Stamp Duty changes take effect. By staying informed, planning strategically, and acting promptly, individuals can maximise their advantages in this evolving market. With careful preparation and timely decisions, 2025 offers exciting prospects for those ready to make their move.

Book a professional valuation today to understand your property's market potential

Nationwide*

GOV.UK**