Due to the January rush and the changes to stamp duty for first time buyers, we are seeing greatly increased activity in new registrations.
In the UK, all commercial and domestic buildings available to buy or rent must have an Energy Performance Certificate (EPC). But what is an EPC? How do you get one? How is it calculated? We go through every possible question you could have about Energy Performance Certificates.
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.
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.
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.
There are 23.36 million properties in England and Wales with 64% being owner occupied and 36% being rented either from a private landlord, local authority or housing association.