James Rawes and his wife had been thinking about buying a holiday home in the countryside for some time and in January started searching in earnest. They thought it would be straightforward: they had remortgaged their London home and were using savings to purchase in cash, plus they had a wide search area of up to two … [Read more...]
Lenders put brakes on runaway house prices
House sales are stalling across the country as a surge of down-valuations pours cold water on the re-hot property market. For almost two years, house prices have been storming upwards, with the average home now worth £286,079 - up 10.8 pc in the past 12 months alone, according to Halifax. High demand amongst buyers … [Read more...]
Holiday lets and soaring house prices: why second homes are a hot election issue
Today holidaying crowds will gather in the sunshine on St Agnes’ beach for the annual Easter Sunday dog racing championships organised by the local surf life-saving club. The hounds have to chase a “grommet” — a beginner surfer — dressed as a rabbit. The local paper suggested that this year, after a two-year hiatus, … [Read more...]
Where to find the best value-for-money holiday homes in Britain
The pandemic-fuelled property rush and staycation boom amped up house prices in holiday favourites around Britain. A beach hut in stylish Wells-Next-The-Sea in Norfolk is currently on sale for £80,000 while in Truro, Cornwall, a plot of under half an acre of land is listed for £895,000. The solution for buyers who … [Read more...]
Lawn and Order
Astro or perfectly manicured natural turf? It can make a big difference when selling. Spring is in the air and gardens will soon be buzzing with the sound of lawn mowers as homeowners give their grass its first cut o the year. This is more than just a satisfying annual ritual - a carefully tended lawn pays … [Read more...]
Chancellor called on to Reduce VAT on Property Extensions
The Spring Economic Statement will present the Chancellor Rishi Sunak with a prime opportunity to help ease the dire housing situation by addressing the inequality in VAT between new build homes, charged at 0%, and renovations, rated at 20%, according to Carol Peett, managing director of West Wales Property Finders … [Read more...]
Will there be more Properties to buy in the Spring?
Why Rightmove is so rubbish at the moment, and why experts think there's a rush of homes coming to market. Are you sick of looking at the same houses on Rightmove? However many times you swipe, it’s the same properties that just keep coming up. The redbrick cottage you like but the family bathroom is on the ground … [Read more...]
What to do if your house is ‘down valued’ in 2022
The housing market emerged from a hectic 2021 with out of kilter pricing, which means buyers could need to find thousands of pounds more in cash to secure their dream home. However, bidding wars that drive up the price can have unintended consequences for both buyers and sellers. Down valuations occur when a … [Read more...]
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