Property News in Plymouth

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SWLA Members – Plymouth Landlords – Free Energy Saving Measures 03 October 2018

Do you have a property in Devonport, Ham or St Budeaux electoral wards? (to include Devonport, Keyham, Morice Town, Ham, Weston Mill, Pennycross, North Prospect, Kings Tamerton, St Budeaux, Barne Barton and parts of Stoke and Beacon Park) To check which ward a property falls into, the postcode can be entered at https://mapit.... Read More

The Bank Of Mum & Dad 12 June 2018

The Bank of Mum and Dad is now an established part of the UK housing market. Parents helping their children onto the housing ladder are paying an average of £18,000 - but the amount varies considerably by area. In total for the year it will be the equivalent of a £5.... Read More

Moving Costs 13 April 2018

The Costs of Moving House If you are thinking of moving house, here are some tips to help you out when you are considering buying a house and thinking about some costs that may get overlooked. Conveyancing fees – A solicitor or conveyancer will carry out this work, this is the legal process involved when buying a property.... Read More

How To Speed Up Your Sale 11 April 2018

Increase your property"s kerb appeal The outside of your property is the first chance to wow potential buyers and to get them interested in seeing more. Little things can make a huge difference to the kerb appeal of your house, so make sure you cut the grass, sweep all of the paths, move your bins out of view and clean up anything unsightly.... Read More

How Much Should You Charge Your Adult Children When They Live At Home? 28 February 2018

The latest research by comparethemarket.com has found that a staggering 74% of parents feel there isn"t enough information on hand when it comes to knowing how much to charge their adult children for living at home, despite over half (53%) admitting to doing so.... Read More

First Time Buyer Number Rise 7.4% 14 February 2018

The latest data released from UK Finance this morning has revealed a dramatic surge in the number of people taking their first step on to the property ladder. According to the report, during 2017 there were 365,000 first time buyers, the highest volume for 11 years which equates to an annual increase of 7.... Read More

Will Your Buy To Let Interest Rate Go Up Or Down? Key Dates Coming Up In March and May 2018 14 February 2018

The Bank of England"s Monetary Policy Committee (MPC) recently voted unanimously to keep its base rate at the current level of 0.5%. The announcement is good news for buy to let landlords, especially those on tracker rate products, as historically base rate increases have preceded hikes in mortgage interest rates.... Read More

Landlords, Are You Aware Of The New Legal Requirements? 14 February 2018

As from the 1st April 2018 there will be a requirement for any properties rented out in the private rented sector to normally have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). The regulations will come into force for new lets and renewals of tenancies with effect from 1st April 2018 and for all existing tenancies on 1st April 2020.... Read More

10 Things You Need To Consider When Looking To Buy Your First Investment Property 14 February 2018

Make sure the property"s safe Safety"s paramount. Landlords have a duty to keep their tenants safe, failure to do so could lead to hefty fines or even prison. After recent legislation, landlords are now required to install a smoke alarm on every floor where there"s a room being used for living space while a carbon monoxide detector must be installed in every room where there"s a solid fuel-burning appliance.... Read More

Lets For The Disabled, and What You Should Know As A Landlord 14 February 2018

In December 2014, an article in The Guardian reported on the findings of a study conducted by Leonard Cheshire Disability – a leading UK charity for disabled people. Within their study, entitled ‘No Place Like Home", they looked at the country"s accessible housing and revealed that around 300,000 disabled people were ‘stuck on housing waiting lists across the UK" and were being ‘forced to make do in accommodation that does not meet their needs".... Read More

Rightmove House Price Index January 2018 14 February 2018

Highlights from the report: Busy start to 2018 with increased home-hunter activity Early traffic data indicates a busy start to 2018, with Rightmove visits up by an average of over 9% so far in January compared to same period last year, averaging over 4 million visits per day Average price of property coming to market is up 0.... Read More

New Generation Puts Marriage Before Home Home Ownership 25 January 2018

New analysis from price comparison website MoneySuperMarket has revealed that 68% of Brits taking out a wedding loan don"t own a house - suggesting the nation is prioritising getting married over getting on the property ladder. The figure shoots up to 76% for those in the 18-30 bracket and with 26 being the most popular age to take out a wedding loan, the data suggests that millennials in particular are prioritising marriage over mortgages.... Read More