August is traditionally the month for holidays but the property market didn’t take a break. Action from the Bank of England (BoE) and changing mortgage rates both had an impact on moving activity. In fact, high summer was a period of high interest among home movers.
Bridging loans have long been viewed as specialist products used by niche borrowers and those in distress but the finance sector has noted a new trend. The image of bridging loans has undergone somewhat of a rebrand and their appeal has become more mainstream.
How much will dirt cost you at the end of a tenancy? If new research by SpareRoom is accurate, UK renters are forfeiting £724 million every year thanks to poor levels of cleanliness. In fact, the data showed an average of £250 of cleaning-related deductions per tenancy.
Small can definitely be perfectly formed but in the case of property, potential buyers are often motivated by space. Floor plans can be deceptive so purchasers will instinctively rely on photographs and then a viewing to decide whether the property warrants an offer.
Every summer brings a unique set of property conditions and July 2024 has been no different. While sporting tournaments, school holidays and the small matter of a General Election were predicted to sway home movers, what do the official statistics reveal?
It was back in October 2008 that EPC certificates became a compulsory requirement for privately rented properties and since then, their standing among landlords and tenants has grown.
For many home movers, a garden is a must have and new research has revealed just how important this feature is. A survey by Home Sale Pack found 90% of prospective purchasers considered outside space important when looking for a new home.
The election is over and a new Government has formed. As we enter into a period of adjustment and anticipation, it’s good to identify who the new movers and shakers are when it comes to the property market.
June is often a liminal time in the property market. The spring Bank Holidays are a distant memory, vacations are drawing closer and attentions start to turn elsewhere. Rest assured, deals are still being done and home movers remain active in the market.
The saying ‘good things come to those who wait’ is partly true for those selling a property. While many aspects of a successful sale are in the hands of third parties, the waiting part is something sellers have some control over.
According to the People’s Dispensary for Sick Animals, 53% of UK adults own a pet, therefore a large proportion of sellers will have a cat, dog or other domestic animal. While we are a nation of animal lovers, not everyone wants a furry encounter when they’re searching for a new home.
When filling in the Property Information Form (TA6), sellers need to be open and honest about a number of aspects. One of those is neighbourly disputes and things that may prove to be contentious in the future. This can be a grey area, so we’ve provided the answers to the most commonly asked neighbourly dispute questions.
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