1000s of new houses to be built in Harborough in next decade
It has been revealed that around 700 new houses will be built in the Harborough district within the next year, following the council falling behind its new annual housing target in 2014. With this in mind, the council has admitted that planning applications for...
Are interest rates set to rise in 2015?
Up until September of 2014 it was generally accepted that the Bank of England’s first interest rate rise would occur in the first quarter of 2015. However, in the past weeks there has been a significant shift in popular opinion regarding the rise, in part due to...
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...
Spring is in the Air
The spring and summer are without doubt the best time of year to be marketing residential and rural properties. Everything is starting to look at its best with the grass growing and leaves returning to the trees. It is also the time that the most determined buyers...
The Art of Buy to Let
Once again the Bank of England Monetary Policy Committee has opted to hold interest rates at 0.5%. This has been the case since March 2009 or to put it another way the interested rate have remained at this level for the last 32 months. There has been further...
House Price Statistics
Any reader of the newspapers will have come across a range of property statistics and surveys which indicate a wide range of different trends. We are faced on a monthly basis with surveys and analysis from the Land Registry, RICS, Rightmove, Halifax and the...