Estate Agent Today was interested to hear about the recent community initiatives that Naylors Estate Agency has been working on in the Market Harborough area, including the recent litter pick and Britain in Bloom entry. Read the full article:...
Property thoughts
UK house prices fall in May
This May, UK house prices dropped for the first time in three months, new data from Halifax reveals. The market is being characterised by and oscillating ‘push-and-pull’ effect as reduced supply forces prices up, straining finances and impacting sentiment....
Mortgage approvals at highest rate since April 2009
Despite uncertainty over the election, the amount of mortgages for new homes approved in April rose at the fastest rate since the same month in 2009, new research by the Bank of England has revealed. Approximately 68,076 mortgages approved for house purchase in April,...
Was the election a win for first-time buyers?
Whatever your view of the outcome, the 2015 General Election result may hold positive news for struggling first-time buyers. Under a Conservative Government, aspiring homeowners will have access to a variety of schemes to help them set out on the property ladder....
Rise in house prices could ‘spark sales’
Research commissioned by Halifax has found that consumer confidence that next year will be a good year to sell a property has reached a four year high. This comes amid expectations that prices will continue to rise in the coming year. 59% of people who participated in...
The end of HIPS
So, it’s happened at last. The demise of the home information pack (hip) and the return to agents being able to list properties as soon as they are instructed, subject to a few small and non time delaying administration points. As announced last week the new...
The Land Market
One property sector that continues to defy all expectations is the rural land market. In this respect we are referring to farmland for the growing of crops and keeping of livestock. There is also the smaller amenity land market which is targeted to horses,...
What is so great about Market Harborough?
It was driving back from a viewing on Saturday morning along Northampton Road that made me realise how fortunate we are to live and work in Market Harborough. I had just met a young couple who had not visited the area before; one of them works in Peterborough, and the...
The Language of Property
Like many businesses, for those of us that are involved in property transactions every day there are some terms and expressions that we use to denote a particular position. The purpose of this week’s market thoughts is to explain some of these terms. Cash buyer This...
Closing the Gap
Some people suggest to me that as an Estate Agent, properties sell themselves and that our role is overpaid and unnecessary. In some senses I agree that a well presented correctly priced property does sell itself. A good property in a fine setting at the correct...