A 13ft by 13ft beach hut that contains no bedroom as well as no electricity has been put on the market for a record price of £225,000, indicating that the sale of beach huts may well be outperforming properties even in the most sought after boroughs of London…
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Category: Property Sellers Section
Does commuting save you money?
With the average house price in London’s Zone 1 and 2 currently at over £640k, it can make sense to live a little further away and have a cheaper property. Of course, the rail fare will cost you quite a bit, and there’s the travelling time to take into account, but will that add to your quality of life or detract from it?…
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In case you missed it…..
Woman moves house 56 times in 13 years
For many, moving house is a stressful ordeal to be avoided wherever possible. The average Brit opts to move house a total of around 8 times in his or her lifetime but for one woman, stress is evidently no obstacle as she’s racked up 56 house moves in just 13 years.
Statistics reveal that prospective purchasers can pay more than £10,000 per square metre of property in certain areas of the country
Recent figures released by the Halifax show have indicated that purchasers of houses in Chelsea, London could find themselves paying more than £10,000 per square metre as the average price for the area is revealed to be a staggering £10,854.
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Paying your mortgage off early – the pros, cons and pitfalls
Paying your mortgage off earlier than expected could be one of the biggest investments you ever make. You can be rid of your biggest debt fast, free yourself from ties to the mercy of the varying property market and put all the money you are no longer paying out to better use. With inflation and the base rate both low, we reveal why you should be thinking about overpaying on your mortgage obligations…
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New proposals made by the Bank of England aim to prevent housing boom
Proposals made by the Bank of England, including a cap of 15% on the number of mortgages that lenders can give to people who want more than 4.5 times their salary, are being recommended to prevent another housing crisis…
The Property Market Monthly Fact File – July 2014
The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the propertysurveying.co.uk team; collating survey data, statistics, trends and information from the property market. This aims to provide a single place where anyone with an interest in UK property can find the information they need.
A Tale of Two Countries
There has been much publicity over the last month regarding the state of the booming housing market. When closely analysed, however, the housing market itself has seen remarkable internal differences; with mild to modest increases in the vast majority of the country and the affluent South East surging ahead. The differences are sufficiently pronounced almost to suggest a tale of two different countries, rather than different areas within the same economy. What then can be done to rebalance this differential and bring the two halves of a broken country back into a single whole?
Whole idyllic village in South Devon put up for sale for £11.5m
After a year of speculation, the idyllic village of Bantham, South Devon has been put on the market for offers in excess of £11.5 million, causing many residents to fear for its future. With a price tag that high, it seems unlikely that too many British buyers will be interested…
Going In Blind – Nasty Surprises For New Home Owners
A survey produced by the insurance firm LV (formerly Liverpool Victoria) found that almost half of people (49%) of those who has bought a new home since the beginning of the year discovered unexpected damage after moving in. Almost a third of people (some 29%) of those who had bought a property already so far this year believe the seller deliberately concealed problems at the property during the sale.
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