Mortgage rates continue to tumble, making borrowing more affordable
As estate agents, we stay up-to-speed with finance news, as mortgage rates have a huge impact on buying and selling activity. As a rudimentary reminder, the lower the mortgage rate, the cheaper monthly repayments become. We know many home movers have delayed buying a property until mortgage rates eased and that has definitely happened as we start 2024.
Is a renovation property right for me? Your questions answered
When Rightmove decided to compile a list of the top 10 most in-demand features among buyers, it looked at more than 600,000 property listings to establish which aspects led to the highest number of enquiries. Forget a garden or being near a station (they languished at the bottom of the list), the most in-demand feature among purchasers is a renovation project – a home classed as a fixer-upper in need of work.
The new Mortgage Charter: your questions answered
Keeping up with the latest property and mortgage news can feel like a full-time job, and that’s why our team does the reading and research for you. Something homeowners may have missed is the launch of the Mortgage Charter. It got a very brief mention in the press, so we’ve provided some more details in the shape of this Q&A article.
Reasons for moving? Connections are king
Moving home is one of the most physically, emotionally and financially challenging milestones in life and very few people decide to relocate on a whim. That was until the pandemic.
Home improvement trends: prices & popularity
Improving a property can be done for a variety of reasons. Some have their eye on a ‘fixer upper’ property that needs work, while others may want to make changes ahead of a sale. Whatever your motivation, it’s good to know how much the work will cost, what’s in fashion and what might tick the boxes of potential buyers. Luckily, the latestRated People Home Improvement Trends report sheds light on all these aspects.
When is a ‘sold’ property really sold?
If you are looking for a new home, you may browse online portals, see details in an agents’ branch window or look at the boards outside houses, noting a variety of different terms used to describe the property’s status.
5 feng shui basics for the keen seller
Whether you have an open mind at the start of the sales process or have been on the market for some time and are looking for any extra advantage, the art of feng shui can be deployed to help sell your home.
Heat pumps: 6 burning questions answered
Heat pumps are still a relatively new way to power residential homes but their fuel savings, eco credentials and ability to improve your EPC rating isn’t going unnoticed. We answer the top six heat pump questions so you can make an informed installation decision.
7 things home movers should know about bamboo
The tall, slender canes of bamboo are appealing to many gardeners. The plant brings a tropical, tranquil vibe to outside spaces, gently rustling in the breeze and quickly screening undesirable views. It’s also the fastest growing plant on earth, making it a problematic issue in UK gardens.
Your guide to garden stumperies
Stumperies date back to Victorian times when rotting stumps, exposed roots and tree trunks were used as a decorative way of showing off one’s collection of ferns and other shade-loving plants. King Charles III is a stumpery fan and his Highgrove garden is home to reportedly the biggest stumpery in the UK.
Should vendors commission surveys before they sell?
The buying and selling process in the UK hasn’t changed for decades. Most home movers understand a survey that examines the condition of a property is commissioned by the purchaser as part of ‘caveat emptor’ – let the buyer beware.
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