First Time Buyers

Second Homes Boom Continues

Boom in demand for second homes as the residential housing market returns to ‘normal’ levels The number of homeowners buying a second home – a trend that started in 2020 with the first lockdown – is set to continue even though the housing market is settling down after a busy summer.

Essential Items for Moving to A New House

When you're moving house, you tend to focus on getting the larger, more obvious things into your new home, like the sofa, beds and that fifty-inch LED telly you treated yourself to last year. But it’s often the smaller things that really can make your first night, or even the first few days, in your new home easy and stress-free. Whilst you might well need that sofa and telly on your first night,...

Estate agent website traffic well above pre-pandemic levels

Estate agent website traffic well above pre-pandemic levels While the number of sellers visiting estate agent websites rose marginally and buyers remained flat, there has been a significant surge in new tenant enquiries as the number of landlords remained below levels seen over the past two years, according to analysis of estate agent traffic up to 27 June 2021. The Yomdel Property Sentiment Tracker,...

More than a third of homes are sold for the asking price or higher

A record number of homes in England and Wales are selling for the asking price or above, according to new analysis of data on marketed and sold homes. More than a third (37%) of properties completed in January 2021 were sold for either the final asking price, set by estate agents advertising homes on Rightmove and listed as sold on the Land Registry, or higher. House buyers were paying an average of 98.1%...

New-builds: the advantages of buying off-plan

Buying a property ‘off-plan’ – before it has been built – could save you money, as developers want the certainty of knowing they have a buyer and are sometimes prepared to offer benefits such as ‘early bird’ discounts. Even if they don’t, you’re likely to have more say in the choice of interior finishes and bathroom tiles and fittings than if you bought it further down the line. And if...

Demand for flats up by 39% since January

Growing demand for city-centre apartments fuelled by first-time buyers Buyers are now seeking out smaller properties, such as flats in city centres, according to new analysis of more than 1.6 million properties on the market. Demand is shifting from larger family homes to apartments, which saw a surge in demand from buyers requesting more details from estate agents – up by 39% between January and...

Speed your house buying up with virtual tours and online research

With annual house price growth up to 7.1% in April 2021, and prices up by 2.1% month on month – the largest rise since February 2004 – the outlook for the housing market looks “fairly buoyant”, according to research by Nationwide. It also reported that the stock of homes on the market is “relatively constrained’, which means that if you are searching in sought-after areas, you may find that...

Waterfront and seaside homes are more popular than ever

Always a popular choice for homeowners, homes with views of the sea, river, canal, estuary, or docklands are now even more sought after than living inland – one of the knock-on effects of the pandemic and subsequent lockdowns. With more people continuing to work from home, it’s easier to pick a property to suit your lifestyle. You can move to the seaside and enjoy coastal walks, surfing and sailing or...

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