Tag: Hamptons
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Landlords Selling Miss Opportunity for Maximum Profit
Landlords who are selling their properties this year might earn about £10,000 less than if they had sold earlier. Simply put, last year would’ve been a better time to cash out for the highest profit. That’s according to a report from estate agents Hampton’s. A Look at the Numbers: On average, landlords this year have…
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Half of Sellers Drop Asking Prices
Figures from Hamptons estate agents show that half of UK house sellers are cutting their asking prices. House Prices: Where are prices dropping the most? Interest and Mortgage Rates: Why are people dropping their house prices? How are businesses affected? In a nutshell, if you’re looking to invest, the property market is currently a bit…
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Mortgage Rates Drive First-Time Buyers Out of London
Research by Hamptons reveals that higher mortgage rates are the primary reason why more people, especially first-time buyers, are leaving London to buy property elsewhere in Great Britain. The percentage of Londoners buying properties outside the capital increased to 7.7% in the first half of this year, a slight decrease from the previous two years…