How Long Does it Take to Sell a House in 2019
The question of how fast you can sell your house in 2019 has been addressed by Rightmove who have reported that 28% of the homes advertised for sale on their property portal have remained unsold for over 6 months. Furthermore, 8% of homes listed have remained advertised for over a year. For those who don’t […]
Will The Property Market Crash After Brexit
The connection between the uncertainty of Brexit and a subdued property market has been the focus of much commentary in recent times. Brexit has received much of the blame for the stagnancy that we are currently seeing in the property market and many people are wishing to simply get the Brexit debate out the way. […]
Why Selling your House by Raffle Could be a Bad Idea
There are currently a number of home sellers who are attempting to offload their property by offering it as a raffle prize. It may seem like a strange alternative to selling your house via the usual route but whats really going on? Can you actually win a house for what seems like a relatively cheap […]
What could a No Deal Brexit Mean for the Property Market
With the Brexit debate currently dominating the news the question of what will happen to the property market if there is a No Deal Brexit is a concern for any homeowner and of even further concern for anyone who is currently looking to buy or sell. As Theresa May has said “it will bring chaos […]
Amount of Sellers Reducing the Price of their Home Increases
The leaves are falling around the U.K. and so are property prices according to new research from zoopla a property website. Around 30% of homes have seen sellers reduce their asking prices, with an average reduction of £26,000. Do the slowing property prices really indicate a declining housing market? The U.K. market has seemingly been […]
Have Landlords Caused the Recent Property Price Slump
We typically see a Autumn bounce and a slight uplift in transactions at this time of year but new data released from Rightmove shows that house prices in the last month have increased by less than 1%, whereby there has historically been a 1.6% rise during this month for the past 5 years. Many people […]
Do Landlords Have to be GDPR Compliant
In May 2018 the GDPR regulation became the successor of the 1995 Data Protection Directive, enhancing control and privacy protection over personal data for tenants and landlords. Enhancing tenants’ rights under the GDPR regulation, ensures greater control on the information shared proceeding and following a tenancy agreement. Therefore, as a legal responsibility all landlords must […]
More First Time Buyer Transactions than Existing Homeowners
The proof is in the numbers that the stamp duty tax is wreaking havoc on the property market. For the first time in 20 years, there are more first time buyers than those who already own a home. There were 170,000 people who moved house during the first half of 2018, this figure is down […]
Is this the End of Rising House Prices?
UK property prices have hit their lowest slump in five years according to the Office of National Statistics. The overall decline is driven by falling property prices in London where there has been four consecutive months of declining prices. London prices continue to drag down growth with a 0.4% decline from May 2017 to May […]
More Evidence that First Time Buyers Can’t Afford to Live in London
Rather than spending their money on high rent prices or asking the bank of mum and dad for a loan, young people are spending their money on flights out of London. According to London Stalling Report, Resolution Foundation report, more than 35,000 people in their early 30s have left London since 2009. The evidence suggest […]
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