Welcome to the Home Estate Property Blog.
Here we update you on all new events within the Home Estate company, along with lots of helpful and informative news within the UK property market.
Living next to a nudist beach is not what it’s all cracked up to be !
Homeowners near nude beaches getting a bum deal on house prices New analysis of house prices in the outcode areas of 39 of Britain’s best nudist beaches has revealed how carefree Brits are stripping thousands off the value of local properties as well as their clothes....
landlords must hit net zero targets or face ban letting properties
The government are now considering that all rental properties will need to hit an Energy Performance Certificate (EPC C or above by 2028 There is growing speculation that the deadline for landlords to meet new minimum energy efficiency standards for new tenants will...
UK House Price Falls
The UK’s house price falls to date – down by 4.2% or 3.2% since their peak in August last year, according to the Halifax and Nationwide respectively – look relatively mild in comparison with some of those locations. So what is behind the global mini crash, and are...
Understanding the new EPC laws
Too many UK businesses are largely unaware about new environmental legislation concerning the energy efficiencies of the buildings they own and occupy, according to a new survey commissioned by Irwin Mitchell: Redefining the Office – A report on office occupier trends...
Money saving measures around the home
Eye-watering price rises in fuel, energy, and food are continuing to have a dramatic financial impact on homes across the UK, causing significant concern and stress for UK homeowners who are also contending with increased mortgage costs, as the cost of running their...
Mortgage lenders cut borrowing rates despite Bank of England’s latest rate hike
Competition among lenders is hotting up with mortgage rates falling despite the Bank of England raising the base rate last week. Virgin Money has become the latest lender to launch a sub-4% five-year fixed remortgage deal, at 3.95%, undercutting HSBC which brought out...
Are mortgage interest rates about to go down again !
With major banks cutting rates on hundreds of mortgage deals, an increasing number of house-buyers are being tempted back in to the market. With major banks cutting rates on hundreds of mortgage deals, an increasing number of house-buyers are being tempted back in to...
Rightmove predict house prices to rise nationally by 5% in 2022
Unrelenting buyer demand and historically low levels of available property are predicted to push house prices further into unchartered territory during 2022, nationally by 5% and for 3% in the capital, according to the latest analysis from Rightmove. As always there...
House prices up 10% in the last year
Over the last twelve months, the average price of a home in England and Wales has increased by around £30,000, or just below 10%, according to the latest e.surv Acadata House Price Index. According to e.surv, the average price of a house in England and Wales now...
Sub-zero: Will negative interest rates heat up the UK housing market?
With the Bank of England's interest rate already set at a historic low of 0.1% (since 19 March 2020), the letter indicates that a once-unthinkable decision to cut the rate to zero, or even below zero, may be around the corner. A decision to turn the Bank of England’s...
House prices set to soar in post-Covid boom
Home price growth across the UK is forecast to pick up again in 2022, when values are set to rise 4%, and accelerate to 6.5% by 2023. The research revealed that UK house price growth in 2024 would rise again, albeit at the slower rate of 4.5%. According to the...
3 Separate bedroom house to rent in Strood, Rochester kent
To rent 3 bed terrace house Gordon Roads, Stood, Rochester, Kent lounge Double glazed and new boiler New carpets throughout Lounge dining room Utility room Rear garden Strood has high speed links to London via train and the M2 motorway ...
House prices are increasing at a fast rate
A rise in wages and continuing low supply has put UK house prices on the up again, according to the latest figures. This year has seen prices taper off, with many areas of London recording falls in sales prices. But today Halifax said house prices increased at the...
When England last won the World Cup house prices were a lot less !!! (They are now more than 100 times higher)
The average property costs 106 times more than in 1966. But wages are only 33 times higher. Unless, of course, you're a top flight footballer By contrast, 1966 England player George Cohen earned only £80 a week at Fulham. Cohen was eventually forced to sell his World...
The completion process when buying or selling a property
The completion process when buying or selling a property Once you have selected your solicitor or conveyancer, they will the guide you through the process of contracts. They will make contact with your buyer through their solicitor or conyancer to get the ball rolling...
The process of applying for a mortgage
With all the seemingly complicated terms that are thrown around when talking about mortgages, applying for one can be scary. That’s why at Home Estate, we have compiled the following guide in applying for a mortgage. If you want to read an introduction to mortgages...
Merry Christmas & Happy New Year
Merry Christmas & Happy New Year
Different Types of Mortgages
The different jargon and technical language of mortgages can often be enough to put people off from buying their own home, so here we’ll take a look at some of the different types of mortgages For an introduction to mortgages, see our previous post where we explained...
An introduction to mortgages
The UK’s mortgage industry is massive, with it recently being valued at £1.3 trillion, making it the largest in Europe in terms of the amount of money given out by lenders. In 2016, there was around 284,700 first time buyers and with the ever improving transport links...
Housing market packs up early for Christmas
ew property listings in November fell by almost a quarter (22%) compared to October, suggesting the "housing market has already packed up for Christmas", according to HouseSimple. More than two thirds (67%) of UK towns and cities saw fewer new sellers marketing their...
Why choose Home Estate to sell your property
When choosing an Estate Agent to sell your home, it is vital to feel like you are getting a personalised and professional service, and that is exactly what we at Home Estate offer. Being an independent, family run business, we know the importance of valuing each and...
Preparing your property for a viewing when selling or renting
In an interview situation, it is often said that the interviewer has made his/her decision on the interviewee in the first thirty seconds. The same can be said for your home. Although you might have more than thirty seconds, first impressions count. A potential buyer...
Renting a property
The rental markets are becoming a more viable option for many people nowadays, even if it is as a stop gap until you can muster up a deposit to purchase your own house, and the rental market in Gillingham and its surrounding areas is no exception to this. In a highly...
Tenant advised to break back into landlord’s property by Council
It's not surprising that the landlords I work with are nervous about renting to DSS tenants ! It has been widely reported that in a bid to cope with Britain’s housing shortage, councils often advise tenants facing eviction, and in need of social housing, to stay put...
Bank of England hikes interest rates for first time in a decade
The Bank of England has raised interest rates for the first time in a decade to head off rising inflation putting the squeeze on UK households. The central bank's Monetary Policy Committee voted 7-2 in favour of increasing the base rate from 0.25pc to 0.5pc. However,...
Are mortgage interest rates about to go up ?
The bank of England have suggested that there will be small interest rate hike soon. However we are not expecting any great movement and in a recent meeting I shared with a representative from the bank of England who also implied this. Mortgage brokers I know and work...
Where can you afford to live?
Where can you afford to live? Click on the BBC link below for an interactive map http://www.bbc.co.uk/news/business-23234033?intlink_from_url=http://www.bbc.co.uk/news/topics/38a2903a-b068-486e-bda2-58c035e1490a/housing-market&link_location=live-reporting-story...
In 10 years some house prices have not recovered from their peak in 2007
The latest research from online estate agents, HouseSimple.com, has revealed that hundreds of thousands of UK homeowners who bought property before the crash in 2007 – while prices were at the top of the market – are still stuck in negative equity 10 years on. But...
Stormy waters for the property market in the South East
House prices are slowing down in London and the South East The rising cost of stamp duty is the main reason London and South East house prices are stalling, said NatWest senior economist Sebastian Burnside (pictured). Burnside reckoned the 3% stamp duty surcharge on...
House Prices increase in Kent and have out performed East Sussex, West Sussex and Surrey
Kent has experienced a bigger increase in house prices in the past year than its neighbouring counties, new research has revealed. Figures obtained from property website Zoopla show Kent's average house values have increased by 4.53 per cent since 2016. This increase...
Should rental payments be proof of mortgage affordability?
A petition that has so far gathered 144,343 signatures and argues that making rental payments is proof of ability to meet mortgage repayments is to be considered for debate in Parliament. The petition creator, Jamie Jack Pogson, says he wants "paying rent on time to...
Some mobile homes cost more than the average UK property
The mobile homes that cost more than the average UK property - and one carries a £500K price tag... Our pick of expensive mobile homes are priced between £250,000 and £499,950 The properties include kitchens with integrated appliances and ensuite bathrooms It compares...
Its still cheaper to buy your home than to rent
Buying a property is still cheaper than renting but at £705 a month to buy a three-bed house verses £759 to rent, the gap is narrowing The average cost of buying a three bedroom house is £705 a month, compared to £759 a month for tenants The gap between the costs of...
Would you buy this 1 bed house in Chelsea for £600,000 ?
A tiny house in London's Chelsea is on sale for £600,000 Outside of the tiny house in Chelsea A tiny one-bedroom "cottage" has gone up for sale in London for £600,000. The property, in one of London's most exclusive neighbourhoods, is described as "a proper Chelsea...
2 bedroom second floor flat
2 bedroom second floor flat Conveniently located near mainline train station with fast track Links to London Featuring Spacious living room Double glazed Fitted kitchen Spacious hallway Security entrance door Lounge 15’2x 11’5” Kitchen 12”2 x 7’9” Bedroom 1 12’2 x...
UK housing market falters as estate agents become less optimistic
UK housing market falters as estate agents become less optimistic Surveyors body Rics says market stuttered at end of 2016, with sharp fall in number expecting sales to rise in coming months A row of terrace houses Wales, the south-west and the north-west were the...
Zoopla says, houses at number 13 ‘are £9,000 cheaper
Property buyers willing to live at "unlucky" number 13 may be encouraged by paying £9,000 less than the cost of the average home, a website suggests. Search portal Zoopla has calculated that homes with this number are typically £8,974 cheaper than the average UK...
House prices increase by 4.5% in 2016
growth ends the year at 4.5% By Warren Lewis 29th December 2016 Property House price growth ends the year at 4.5% The latest data from Nationwide has revealed that house price growth ended the year at 4.5% - the same rate as year-end 2015. According to the report, the...
Merry Christmas
From Laura & Kevin
House price growth increases for first time in eight months
The latest data from Halifax has revealed that the annual rate of house price growth has risen from 5.2% in October to 6.0% in November - the first rise in 8 months. According to the report, house prices in the three months to November were 6.0% higher than in the...