Tag: Hamptons
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Landlords Face 2030 Energy Efficiency Deadline – Are You Ready?
New research has revealed that landlords may struggle to meet the government’s ambitious 2030 target for energy efficiency in rental properties. While progress has been made, the rate of improvement needs to dramatically increase to hit the goal. The 2030 Target The government aims for all privately rented homes in England and Wales to achieve…
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Landlords Hit with £700 Fees as More Councils Introduce Mandatory Licensing Schemes
If you’re a landlord in England, you could be facing hefty new costs. A growing number of councils are introducing ‘selective licensing’ schemes, which require landlords to pay for a special license just to rent out their properties. According to a Freedom of Information request, the average cost of these licenses is a staggering £700.…
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House Hunters Back in Action as Market Set to “Kick Off!”
Experts predict a surge in house sales from September as pent-up demand and a boost in mortgage enquiries promise a busy autumn for the property market. Peter Brodnicki, CEO of Mortgage Advice Bureau, believes the stars are aligning for a much-needed market surge. Speaking on The Two Russells podcast, he pointed to the recent base…
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Election Jitters Fade and Home Sellers Return to the Market
After months of sitting tight, nervous homeowners are finally putting their properties up for sale, with areas that voted Labour and Lib Dem seeing the biggest increase. The recent election seems to have given people more confidence, with a 13% increase in new homes hitting the market across the UK compared to this time last…
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Flat Owners Struggle to Climb the Property Ladder
Owning a flat is meant to be a stepping stone to your dream home, but for many, it’s become a financial dead-end. Thousands of flat owners are finding their properties are worth less than they paid for them, making it impossible to sell and move up the property ladder. Research by estate agent Hamptons reveals…
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Detached Houses Now £170k Pricier than Semis – But Buyers Don’t Care!
The dream of owning a detached home is alive and well, even if it means digging deeper into our pockets. It seems Brits are happy to pay a hefty premium for extra space and privacy – with detached properties now £170,000 more expensive than semi-detached homes. According to Lloyds Bank, a third of movers opted…
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London Calling – First-Time Buyers Flock to the Capital Despite Pricey Market
They say London is impossible for first-time buyers, but new figures show a record number are taking the plunge. We reveal the hotspots they’re snapping up and how they’re making it work. It’s no secret that buying a home in London is a pricey endeavour. Yet, despite sky-high interest rates and property prices that seem…
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Landlords are Ditching Buy-to-Let, Leaving Renters in the Lurch
It’s not a good time to be a landlord, especially if you’re looking to expand your portfolio. New figures show that buy-to-let purchases are at an all-time low, with landlords snapping up just 10% of homes sold in the first half of this year. That’s the lowest share since 2010 and a far cry from…
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Londoners Priced Out of Space – Escape to the Suburbs Costs More Than Ever!
Thinking of ditching the Big Smoke for a bigger home in the ‘burbs? You might need deeper pockets than you thought! Londoners have always fancied a bit of extra space. But with house prices in towns and suburbs shooting up, bagging that dream home outside the capital is getting tougher. New research from Hamptons estate…
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Second Home Dreams Fading – Is the Party Over for Holiday Home Owners?
The dream of owning a British holiday home, once a sure-fire investment and a chance to escape to the coast or country, seems to be losing its shine. New taxes, soaring interest rates, and a mountain of red tape are making life tough for second home owners, and it’s starting to show. Holiday Home Sales…