Archive for 'Property news'

Do I need unoccupied property insurance cover?

Do I need unoccupied property insurance cover?

It’s important to be familiar with the basic principles of unoccupied property insurance and its associated issues.

Defining unoccupied property

Whether you are a landlord or owner-occupier, your property insurance will typically only cover your property for limited periods when it is unoccupied.

The exact period over which such cover will apply is normally defined in terms of a maximum number of consecutive days when nobody is living in the property.  Although this may vary between policies, the maximum number of days is ...

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Landlord Tips: 6 Things Landlords Skip When Budgeting

Landlord Tips: 6 Things Landlords Skip When Budgeting

If you are in the buy to let business or a landlord, you must be aware that buying a property as an investment is something completely different from buying a property as a house you plan to live in, especially in London. Keep in mind that this is all about figures and so many landlords argue there is no emotional element necessary in their decision to invest in properties.

Yet, some landlords, such as residential buyers continue to make the mistake ...

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Milton Keynes – Not the Same old Town

Milton Keynes – Not the Same old Town

Recent pressure on Chancellor Philip Hammond to provide an impetus for housebuilding in the UK was rewarded in some respects, although perhaps Milton Keynes is not in need of too much of a helping hand. A recent report by Zoopla revealed the locations that featured the highest concentration of new builds, and Milton Keynes came out on top of the pile.

33% of new sales in the region were made up of new homes, which placed it 4% higher than any ...

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Will you get the asking price for your property?

Will you get the asking price for your property?

House prices – one of the UK’s favourite topics of everyday conversation.

If you’re waiting to get on the property ladder you’ll think they’re way too high; if you’re trying to sell they’re probably way too low and if you’re a residential property investor you’ll be watching anxiously for any signs of boom or bust.

It can be a volatile market – and a highly personal, selective one.

The problem with offloading a property is that your target market is much, much smaller ...

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More UK homes being built, but still not enough to hit half million target

More UK homes being built, but still not enough to hit half million target

More homes are being built across the UK in 2017, but there could be another large shortfall in supply if the government gets back into power, thanks to its ambitious promise of providing half a million new homes in the next term of office.

Theresa May’s Conservative party has been promising the construction of new homes across the nation for some time now, but in her manifesto for the upcoming snap election, the government said it will up ...

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How much does it cost to sell a home?

How much does it cost to sell a home?

Rising property prices in London are encouraging owners to carry out large-scale improvements on their homes, rather than face the expense of moving home, according to skip hire broker Proskips.

Central London estate agent Plaza Estates says the many of the properties in ultra-exclusive Knightsbridge have been remodelled to create some of the most spacious apartments in London.

And in the more affordable outer suburbs countless numbers of property owners are bringing in builders to create ...

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London property market stalls in the wake of Brexit

London property market stalls in the wake of Brexit

More information has emerged to demonstrate the implications on the London property market, as per the decision to leave the European Union on June 23rd, 2016.

The UK Prime Minister has invoked Article 50, allowing the UK to be the first country to trigger an exit from the European Union, with negotiations set to take place over the next couple of years.

Considering last year’s referendum result, the London property market has stabilized and many investors are now going back to buying ...

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Little Change Seen for UK house prices During 2017

Little Change Seen for UK house prices During 2017

2016 ushered in few major changes, some of them unexpected. They have, of course, had an impact on the UK’s housing market and prices and the general trend has been for house price inflation and activity to slow. With the whole of 2017 still ahead of us, we’ve taken a look at some of the expectations and forecasts for UK house prices over the coming 12 months.

According to data from lender Halifax’s monthly house price index, you can clearly see ...

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Thinking about investing in a property?

Thinking about investing in a property?

There are many factors that need to be considered before making an offer, these are;

1. Who to rent to?

Deciding upon who you are looking to target your rental property to is one of the most important first steps to make, as this will have a huge impact on the location and type of property you would be looking to buy-to-let. For example, if you are wanting young professionals to rent your property then you will need to find a property ...

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First home prices rise to record high

First home prices rise to record high

According to the latest report from estate agent Your Move & Reeds Rains, first-time buyers are paying record amounts for their first home purchase, despite the market’s weakening in anticipation of the EU referendum.

The report shows that average first-time buyer house price increased by more than £23,000 in the last twelve months, making current average prices the highest ever recorded. May saw a 15% year on year increase in average house price for first-time buyers to £173,282, from £149,645 ...

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