Most of us do not think about our credit scores too often. We happily meander through life without giving it a second thought until we make a large purchase. Something that means we need to apply for finance of some kind, and it slowly dawns on us that we really should know our credit score. Whether it's for a credit card, car finance, or a mortgage, it all rests on that little credit score that you have, until this point, completely ignored.
Once you have a kitchen, dining room, living room, bedrooms and bathrooms, what else do large properties use their rooms for?? There comes a point when you run out of names for them all! Luxury properties will often have 'extra' rooms, over and above those that you would expect, and often it is these additional rooms that make us feel that a property is that little bit 'extra', setting it apart from the norm.
When marketing a property for rent, the biggest concerns for most landlords are usually the amount of rent they can earn from the property and the speed they can get a tenant moved in. If the property appeals to the target tenant, it will likely rent quickly and for a good price. If the property is not attracting the attention in the market you'd hoped, perhaps there's something that you could change to entice a tenant?
Rental price growth is anticipated to outpace sales price growth in the UK market over the next five years.Source: Dataloft, poll of subscribers March 2023
Mid-March marks the start of spring, long acknowledged as the best time to sell your home.
Since 2011, there has been a 6% rise in households and a noticeable change in their composition and size in England and Wales.
With price sensitivity increasingly evident in the property market, understanding local market conditions and pricing realistically are essential to achieve a sale. Zoopla report that while 59% of listings in February had no price reduction, four in ten did.
Nearly 200,000 new build homes were registered in the UK in 2022, the highest number since 2007 and up 26% on 2021, according to the latest statistics produced by the NHBC. Registrations increased in all regions of England and Wales.
As part of their Net Zero Review, the government is proposing that all homes sold will need to have an Energy Performance Certificate rating of 'C' by 2033.
Across the mortgage market product choice is increasing. According to Moneyfacts there are more than 4,300 different deals available. This is the first time since August 2022 that product choice has risen above 4,000.
Zoopla House Price Index February 2023
The 2021 census reports that just over 1 million more households live in accommodation classed as being under occupied than in 2011. This is 69% of households.