Selling tips

Waitrose

According to the latest figures from Lloyds Bank, the value of your property can command an extra £22,000 on average if you live near a well-known supermarket chain. Lloyds found out that owning a home based by a premium branded supermarket will increase the value of your home further.  In fact, living within close proximity to a Waitrose store can boost the value of your property […]

Residential property transactions boomed in March 2016 with a staggering increase of 70% compared to the same month last year, according to HMRC. A huge influx of investment in buy-to-let properties and second homes ahead of the 1st April 2016,  was caused by the Government’s new 3% surcharge on the Stamp Duty Tax. There were also concerns of the anticipated Bank of […]

Asking prices reach their highest-ever level

Rightmove have reported their highest-ever average asking price level this morning at £286,133. Today the asking prices is 1.6% higher than the previous four weeks and have soared up from the last peak of £281,782, in May last year. Buyer demand continues to increase, and Rightmove have reported that their traffic has been up 20% annually for March, with 115m […]

Housing Market Too Demanding

Any homeowners looking to sell their property before Christmas will be glad to hear there is a stark increase in the number of actively searching potential property buyers. The National Association of Estate Agents (NAEA) September housing market report has declared the number of house hunters has risen to a ten-year high. The housing market report recorded the highest number […]

First-Time Buyers Boosting Sales Market

The number of first-time buyers completing the purchase on their first home increased 11% year-on-year for September (Moneyfacts.co.uk, October 2014), according to data from YourMove. Despite the rising housing costs, first-time buyers are boosting a slowdown in the property market, accounting for 30% of all transactions, according to the NAEA (estateagenttoday.co.uk, October 2014), . The number of new people joining […]

Scottish Referendum Leaves Uncertain Future in Property Market

The Scottish Referendum could have a steep decrease on property prices north of the border, so claim Zoopla (EstateAgentToday.co.uk, September 2014). The property portal state that house prices in Scotland have been rising for the last two years, however a Yes vote would almost certainly have an unfavourable effect on the Scottish economy. With uncertainty brewing in the market over […]

Time for Landlords to come clean

Landlords who have failed to declare their rental earnings to HMRC are being warned to pay up or face higher penalties. It is a well-known fact that HMRC have failed to identify who the 1.4 million landlords within the UK allowing a widespread tax evasion on property for the UK buy-to-let and other private landlords whom are not declaring their […]