The latest data from the Land Registry House Price Index shows house prices continue to increase, with this year detailing an annual price increase of 0.8%. This takes the average property value in England and Wales up to £164,098 with an increase from June to July of 1.0%. London was the region in England and Wales which experienced the greatest increase in its average property value over the last 12...
August 2013
According to the latest survey by Move with Us, Homeowners are better off being out during viewings as they are likely to put off potential buyers. The survey entailed asking 100 independent estate agents if potential buyers prefer the homeowner to be present during viewings and a resounding 60% of agents said ‘no’. Further to this, it emerged that one in ten potential buyers were actually against the...
According to new figures released from the CML, first-time buyers accounted for 11,200 loans for house purchases in the second quarter of this year. This is the biggest quarterly sum since 2007. Data from the second quarter of this year shows that first-time buyers in London make up a larger proportion of house purchase loans compared to the UK as a whole. An impressive 56% of house purchase loans were to...
The latest data, according to a survey of 100 independent estate agents claims that unpleasant smells are the most common reason why potential buyers don’t commit to an offer on a home. The survey from Move with Us confirmed that 22 per cent of agents reported bad smells as their top turn-off, followed closely by a shabby, dated kitchen in second place with 21 per cent of the vote and a grimy bathroom in...
Over the last 10 years Britain has seen a dramatic rise in the number of tenant households, according to an article in the Daily Mail. They say the market has seen a rise from 1.9 million households back in 2001 to a staggering 3.6 million in 2011. That’s an increase of 89% in just 10 years. This rise has also resulted in a number of new ‘rental hotspots’ appearing across the country. If we look...
Located on the South of the River Thames in South West London, Battersea is a well located and leafy part of London which is popular with young professionals and families alike. This popularity can be largely attributed to the lifestyle that this affordably affluent area has to offer; leafy Battersea Park, Victorian style house and the modernity of the sparkling new apartment developments surrounding...