Let’s face it: We all know properties websites like Rightmove and Zoopla, and there’s no question that these portals are great tools for both estate agents and property buyers/sellers.
Blog & News About Birmingham Property
As expected, plans to help the housing market and first-time buyers in particular, were included in Chancellor Philip Hammond’s Budget. What were these policies, and how could they affect the property market? We discuss the inaugural autumn budget in this blog.
When someone dies, their executor or administrator needs to work out how much the estate is worth for probate, including the value of their property.
Birmingham is a city and metropolitan borough in the West Midlands, England standing on the small River Rea. It is the largest and most populous British city outside London, with a population of 1,101,360 in 2014.
An experiment conducted by insurance company AXA has revealed how sloppy photographs can alter the perception of a property in the eyes of the public – and can therefore make a home harder to sell, and possibly fetch a lower sale price.
Soaring house prices in the UK mean that one in every 76 Britons is now a millionaire, up from one in 84 last year.
The tightrope of being a Birmingham buy-to-let landlord is a balancing act many do well at. Talking to several Birmingham landlords, they are very conscious of their tenants’ capacity and ability to pay the rent and their own need to raise rents on their rental properties (as Government figure shows ‘real pay’ has dropped 1% in the last six months). Evidence does however suggest many landlords feel more assured than they were in the spring about pursuing higher rents on their Birmingham buy-to-let properties.
The most recent set of data from the Land Registry has stated that property values in Birmingham and the surrounding area were 6.12% higher than 12 months ago and 16.72% higher than January 2015.
Despite the uncertainty over Brexit as Birmingham (and most of the UK’s) property values continue their medium and long-term upward trajectory. As economics is about supply and demand, the story behind the Birmingham property market can also be seen from those two sides of the story.
So you’ve been preparing to sell your property, possibly for months, or even longer. You’ve cleaned up, decluttered, depersonalised, done some staging, and taken amazing photos. All those things are important when you’re selling. One thing that is neglected to be brought up with estate agents is the listing description. Writing a compelling listing will help ensure that your listing generates interest and produces showings that result in a sale.