Home staging is a specialised skill which involves creating the perfect atmosphere in your home using furniture and accessories, plants and lighting, to garner buyer interest for your property and sell it faster, for the best price.

Home staging is still a fairly new concept, but this doesn’t diminish the importance of it on today’s housing market, here’s why:

The evidence

As evidenced in the research by the Home Staging Association UK, staged properties sell, on average, twice as fast and for up to 10% more than properties without staging. Therefore, if you had a property valued at £300K before staging, it is likely to sell for between £24,000 and £30,000 more once staged. *

Visual appeal matters

Most prospective buyers will not be able to imagine living in a home that’s empty or on the flip side, cluttered. If a property is vacant of furniture, or is not looking at its best, potential buyers will struggle to envision its full potential or imagine making the home their own. If buyers can’t picture themselves living in the property, they are unlikely to commit to buying it.

Selling more than just the property

When looking for their next potential home, prospective buyers will seek out a place that the reflects the lifestyle they aspire to, rather than the lifestyle they currently have. The type of property most people choose to buy and how much they are willing to pay is directly related to how good the property makes them feel when they browse through images and step inside. If the property represents a lifestyle that a buyer aspires for, then they’ll most likely be willing to pay more for it.

Playing to its strengths

Every property has its setbacks, which is why it’s important to highlight its key selling points until they overshadow any of the downsides. Staging focuses the eye and attention of the home’s strengths and detracts from anything that could be deemed unsightly. If a potential buyer falls in love with your home, they are likely to turn a blind eye to any minor repairs and improvements they’ll need to make once they move in. In an empty property, everything is on display and even minor defects can become a major sticking point.

Get ahead of competition

For every attractive home, there’s another one right around the corner, and staging could be the thing that sets yours apart from the rest. The first thing buyers do when looking for a home is browse properties online, and the listings with most attractive images will be the ones that garner the most clicks. If other properties in your area are on board with the concept of property staging and your listing photos haven’t been staged, your home could fall behind in the ranks as your property’s pictures may not match up to the same standard.

Hiring a property staging specialist will cost you short term but the profits will be abundant when your house is sold. Staging specialists can offer useful tips and advice on how best to prepare your home for sale, and can also help with other important details from clearing and decluttering, to moving furniture, and finishing with those all-important final touches for a viewing.

Looking for advice on selling your home? Get in touch today and let us help you.

While the market continues to change and grow in today’s climate, in order to look forward and predict future trends, it’s important to look back. New research from GetAgent tracked house price data going back as far as the 1970s, adjusting for inflation, to see which decade has been the most fruitful for the nation’s homeowners. *

The research delves back into January 2010, when the average UK house price was £167,469, and climbed to £231,792 by the end of the decade at a 38.4% increase. However, after adjusting for inflation, the rate of house price growth recorded between January 2010 and December 2019 sits at around 14.8%, which was the second lowest rate of house price growth in any of the past five decades.

In fact, it’s only been the 90s, when the market has posted the worst performance, with house prices increasing by just 9.7% after adjusting for inflation.

The noughties was by no means, a bad decade for homebuyers, but it still ranks just third where inflation-adjusted house price growth is concerned, with the average UK house price rising by a notable 66.8%.

The research placed the 70’s in second place of the ranking, with house prices climbing by 69.8% after adjusting for inflation, leaving the 80’s to be crowned the best decade to have bought a home.

After adjusting for inflation, the average UK house price was just £66,783 back in January 1980. By the end of the decade, the cost of buying bricks and mortar had climbed to £127,207, a 90.5% increase.

Colby Short, Co-founder and CEO of GetAgent.co.uk, commented: “There’s plenty of reasons why we may argue one decade was better than the rest, but when it comes to house price appreciation, the eighties takes it by some margin.”

"Even after adjusting for inflation, today’s generation of homebuyers may well find it unfathomable that the average home cost just shy of £67,000 back in 1980. So, while today’s buyers have had to contend with some of the lowest levels of housing affordability in history, they may well spare a thought for those who saw the cost of buying increase at such an alarming rate during their lifetime.”

"With the market currently running red hot and no end in sight despite the wider economic landscape, it will certainly be interesting to see where we finish by the end of this decade, and if the eighties will finally be relieved of the crown when it comes to the highest rate of house price appreciation in a single decade.”

Do you know how much you could achieve for your home? Book a valuation with our local experts today.

Emergency property issues aren’t good for tenants or landlords, and the best way to safeguard against these potential nightmares is to take preventative measures before they arise. Then you can sleep soundly at night in the knowledge that you have done everything you can to drastically decrease the odds of a costly, dangerous, or life-threatening emergency. 

Carry out these safety checks regularly 

Gas: A Gas Safety Certificate is a legal annual requirement. It's perhaps the most obvious and well-known of all home safety certificates, but it's less known that it applies to all gas appliances, not just your gas boiler. 

Electrical: All fixed electrical appliances need to be inspected and tested every five years by a qualified electrician. 

Don’t forget the fuse box: If you are letting your property, you might find that the existing fuse box is obsolete and does not meet current safety standards, so it's best to check this with a qualified electrician. 

Smoke alarms: It's not expensive, and it's a legal requirement that there's one installed on every floor. The potential damage caused without them can be catastrophic, cause death, and if fitted and not correctly maintained, can affect insurance coverage. 

Plumbing 

Drains: Blocked drains cause flooding, which in some cases leads to costly repairs and uninhabitable homes. Prevention is simple – all you need is a bottle of drain cleaner, which you can buy from any supermarket. 

Pipes: Insulating pipes is another inexpensive way to prevent a potentially hugely costly disaster. In winter, pipes contract in the cold and then heat up once in use. This repeated process can cause them to crack, leading to an even bigger leakage of money! 

Regular inspections 

It’s always a wise move to have a clause in your tenancy agreement that, with written permission requested, you can inspect your rental property within 24 to 48 hours. You can’t legally enter the property without the permission of the tenant, and this allows you to regularly check the state of your property should you feel the need to do so. 

Landlord insurance  

Differing greatly from conventional house insurance, a private residence policy will not cover you if you let your property. A good landlord insurance policy is worth every penny in the face of devastating risk; it covers damage, loss of rent, and legal expenses, plus almost anything else you feel could be a risk. A good conversation with a reputable insurance company is time well spent in order to find the right level of cover to protect your investment property. 

Make it happen 

Taking these measures now will keep your rental property safe and keep you informed of any maintenance or repair issues that may be on the horizon before they become major issues, so in terms of investment, they are no brainers! The good news is that all of this can be carried out by professionals, from insurance brokers, gas engineers to electricians. Getting in touch now with the right people won’t take long and could save you a lot of money! 

Need help finding the right tenants for your property? Contact us today. 

When most people hear the phrase – interest rate rise, they immediately panic and worry about higher bills and extra expenses at the end of each month, then have a good rant about how horrid and expensive everything is getting. Every cloud has a silver lining, though, and the good news is this could do a lot of good for the housing market.

It’s no secret that we have had it good for a long time. Interest rates through the pandemic have been at an all-time low. In fact, many argue that they have been so good that it’s been too much of a good thing. We all know too much of a good thing has bad consequences!

Many experts have said that because interest rates have been so low, it has caused the instability that we have endured this year with nine consecutive rises.

So how is this good news for you?

Mortgage interest rates are falling and are set to fall further.

This small increase in the base interest rate should not affect your mortgage interest rate. In fact, interest rates for mortgages are steadily falling, with some experts predicting that five-year fixed-rate mortgage interest rates will gradually decrease in 2023, before settling below 4%. So don't worry about higher base rate interest rates, they do not always directly affect your mortgage interest rate.

Stability  

The base rate set by the Bank of England has peaked for this year. Therefore, 2023 should offer much more stability, certainly for the first quarter. This will mean a more stable housing market, which means buyers and sellers can remain confident about making their moves. It should also mean that the 2023 housing market will get off to a good start!

Confidence  

As mortgage markets rebalance, property markets stabilise instead of enduring instability. More realistic and stable interest rates returning to the levels of pre-pandemic norms encourage long-term confidence and investment. That means you can move and invest, taking the long-term view that there will be fewer bumps in the road.

Demand is still strong

Forgetting the world’s current obsession with interest rates, perhaps it’s easy to overlook the obvious. The demand for property is still relatively high compared to the shortage in supply. You don’t need to be an economist to know that this will keep house prices healthy!

The future is looking good

With strong demand, stability, and confidence all looking promising, now is a great time to start putting your future property plans into action.

Demand for rented accommodation is still growing and is likely to continue that way, offering very healthy investment opportunities, even if there are more challenging times ahead.

Even if house prices fall in the next 1-2 years, over the next five years, many expect house prices to gradually and steadily grow.

Putting the onus on quality and a healthy, long-term, and sustainable investment is the way of the future. Making houses and rented accommodations more desirable means improving the quality of life, instead of making a quick profit.

Are you looking to move home, make your first step on the property ladder, or want to invest in a great buy-to-let opportunity? Contact us today.

It’s important to love your home. Like any relationship, it shouldn’t be one-sided! The more love you show your home the more it will be reciprocated. Perhaps when you first laid eyes on your home it was love at first sight. As time has gone on things have become more complicated. You have discovered more things that need attention and work. The thought of addressing these things can be exhausting when you are struggling to find the time in your busy life. You have even forgiven yourself for thinking of moving on!

Or perhaps you are obsessed with your home, and you spend a lot of your time thinking about how you can improve it. You love the natural character of your property and have done so much already to improve it that you simply need some inspiration.

The little things you can do

Show your home you care by cleaning and keeping it in tip-top shape. A fresh coat of paint, new lamp shades, and some more collectables or accessories for the kitchen. Candles, flowers, plants, paintings, pictures and perhaps most importantly trying something new. To keep things fresh and vibrant take a departure from your norms.

Try something different

Have you ever painted your furniture? Try it – the kitchen table and chairs or sideboard. It’s on trend right now and the results can be room-altering. There is no such thing as right or wrong when it comes to interior design and decorating. It’s your home to make unmistakably yours. Restore furniture or find something a bit different, that tells the story of who you are.

Commitment – big renovations

Show how committed you are to making the most of your home by not putting off what you have wanted to do for ages. Your dream kitchen, a new bathroom, or both. If you need to borrow for one sometimes the smart thing to do is borrow a little more and give your house the complete makeover it deserves. This will add some serious value to your home.

Garden and outside

A great garden can truly become a magical place. The scope for ideas and to create your own unique world is endless. From decking and flowerbeds to ornate garden sculptures. Multilevel gardens with built-in seating. While it’s still wintry why not create a fire pit and plant some outdoor lights which will create a warm, romantic ambience outside?

A workspace

If like many people, you work remotely, why not create your perfect work-from-home space? If space is limited a balance between aesthetics and functionality can be difficult to achieve. Experiment with your set-up, perhaps put your desk near a window or hang some inspirational pictures, which will stop you becoming bored of the same four walls. The little things here make a big difference, even some flowers or plants. Keep things simple, a well-organised compact desk that does not make a statement but is functional and uncluttered so you can concentrate on the tasks at hand.

Do you want to love the home you live in? Browse our properties and find your perfect place.

 

Now that the property market is stabilising and weathering the stormy waters of last year, we peek at some predictions and influences, you can use, to gain more success as the 2023 property market gathers momentum. 

Legislation  

In 2022, legislation required, all new homes to produce 30% less carbon. With the cost of energy remaining a challenge, more energy efficient homes with efficient appliances, better insulation and building materials means new builds are raising the standards for all homeowners.  As a result, home movers and developers are really dialling in to the importance of meeting these greater energy efficiency expectations!                 

Green mortgages 

Some banks are now offering better interest rate deals for more energy efficient homes. Reducing the cost of your energy bills could lead to a cheaper mortgage. Combine this with adding value to your property and in some instances, cash back offers for greener homes from banks, going green is a no brainer. 

Embrace technology  

Making your property as compatible as possible with the tech age we live in is now becoming not just desirable but essential.  USB sockets, automatic and efficient lighting, superfast broadband, modern appliances and homes which offer and efficient and effective space to work from home is a trend showing no signs of waning.    

Don’t wait and see! 

With all the tumultuousness of last year it’s easy to sit on the fence. With interest rates stabilizing, the long-term view and the short to medium view, looks good. While it’s tempting to delay and procrastinate, this influences the housing market in a way that slows it down. So, keep the market moving by moving!   

Slow but steady  

It’s no secret that the property market has slowed down, but with slowness comes stability.  Many analysts suggest that the property market is now where is should be. Interest rates had been super low and perhaps prices increased too quickly. With less volatility, planning is easier.  It may take a little longer to make your move, but it will most certainly happen.  

Building blocks  

With the shortage of building materials and labour, property development generally is also at a slower pace. Whether a new build or refurbishment, it will take a little longer. If this slows down supply as prices fall a little, it’s not a bad thing. And with so many decisions to be made when undertaking a property development project, whether it’s a few rooms or an entire housing estate - Is it really such a bad thing to take a bit more time over such impactful choices? Not to mention this all helps stabilise the market.    

The good news 

The outlook is very positive in so many ways for 2023. Demand for rental properties will remain extremely high. Buyers and sellers are still keen and mortgage deals for first-time buyers are still good with many lenders offering 5% deposit deals until the end of this year.  With things happening at not quite a frantic pace as the quality of building, buying, selling and living improves then maybe things are on the up! 

Looking for a new home which combines beauty and efficiency seamlessly? Browse our properties.  

*Propertyreporter 

 

This year is proof that life as a landlord is not as simple as it used to be. Reforms for tenants along with new laws and legislation will make it a bit more complex. That said the great news is that demand for rented properties is still extremely strong. There is a chance you could pick up a bargain as property prices slow. These changes help protect landlords and tenants so it should be another good year where standards across the industry rise.     

Better protection for tenants  

The renters reform bill could possibly become legislation this year if the government have their way.  Giving more rights to tenants will also force unscrupulous landlords to up their game and stop cutting corners. This will raise standards and rights for renters and stop your properties to let potentially suffering from bad landlords undercutting you.  

Higher capital gains tax 

The tax-free allowance for landlords selling a property will be reduced significantly from this April.  This means you could pay more capital gains tax, so if you want to avoid it, and you are thinking of selling, better to sell sooner rather than later. There will be further cuts in 2024, meaning your tax relief when you decide to sell will be halved.    

Buy-to-let mortgage rates  

Mortgage rates while higher than they used to be, are now much more stable than last year. This means you can plan for the future once again and calculate costs more accurately.  

Higher demand  

In 2022 demand for rented accommodation was huge. This year demand is still very strong.  Fewer people can afford to buy due to the cost-of-living crises and the hike in interest rates. It’s expected that landlords will increase rents in order to cover costs but also to reflect the huge demand and get a better rental yield.    

Add to your portfolio   

With house prices levelling out and falling now is the time to add to your portfolio. Rental yields are good, and demand is very high. Some landlords will choose to sell, while savvy investors will seek new properties to develop as buy-to-let businesses.  Asking prices are much more open to lower offers than last year so you might just acquire something that before was not as good as an investment.   

Financial help for energy efficiency upgrades   

Landlords who meet certain criteria might be eligible for government assistance with £1bn to help homeowners to insulate their properties. The aim is to improve energy efficiency which will help landlords with providing energy efficient, appealing homes. 

Outlook 

There is a lot going on in 2023, and if you are a landlord you are most likely to incur more costs. With rental demand growing now is the time to invest while providing great places to live for tenants. As the industry becomes more regulated, standards rise in so many ways, elevating the industry and creating a more stable investment prospect.      

Tenant demand has never been better. Browse our properties.   

*which 

 

We have all heard it before. “Moving is one of the most stressful things you can do.” Compared with many other more serious predicaments in life this is of course not true. Like flying to the moon or near-death experiences! However, it’s right up there with the big stuff like your career and relationships according to some experts.   

It’s got everything, back aching lifting large furniture through narrow spaces, to worrying about paperwork, to the emotional roller coaster ride of saying goodbye to friends and family you might not see for a while, then the elation and excitement of a new home and maybe a new life. With all this going on it’s easy to get stressed. There is so much to think about.  We have come up with a few tips to help you make the big move less stressful by breaking it down into manageable pieces.       

The sooner you start the better  

The longer you put things off the more they fester in your mind. Instead of simply packing a few things earlier you will become stressed thinking about the huge task ahead. Start with the little things. Stuff you don’t use often, an hour here and hour there. Don’t make it a task. Then you are already ahead of the game.  

Come up with a plan 

Make a nice cup of coffee or tea, or something stronger! Sit down and relax, then scribble down a plan. Don’t just write a list, instead in numerical or alphabetical order, perhaps using titles such as – the happy day, for when you move in.  Breaking your tasks down like this will help you keep calm and gives you a plan to stick to while reducing the chances of the unexpected. Perhaps have a packing section, a pre-move checklist and a post-move check list, to deal with change of address! 

Budget  

It’s always a good idea to create a budget. Moving can be expensive and the more time you give yourself to plan the costs and see where you could save the better. If you are using a removals company, shop around, while they will make your life easier, if the cost is more than you can afford you may find yourself stressing over money.   

Don’t forget yourself! 

Your mind will be teeming with everything to do with your new home. Remember to look after yourself, plan breaks on the big day - a time to eat and a time to rest.  When you get stressed, remember to breathe. When you move in, sort the bedrooms first. This process will take a few days and you will need to sleep well. Perhaps pack a self-care box, so you are not frantically looking for something that is essential to you.   

Say your goodbyes  

Regarding looking after yourself remember to set aside some time to say goodbye. It’s important to do this and if you do not plan it a little you may find you are trying to do too much at once; packing, while saying goodbye. It could cause an emotional and stress overload!   

Finally  

There is no doubt following these steps will reduce your stress levels massively and with a bit of luck you will be able to enjoy the big move! 

Can’t wait to move into your forever home or looking to make your first big move?  Get in touch. 

*Mymove