Property News In Plymouth

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Interest Rates Cut! 06 February 2025

Today, the Bank of England announced a 0.25% reduction in the base interest rate, bringing it down to 4.5%—the lowest level since June 2023. This decision aims to stimulate economic activity amid a stagnant UK economy and global uncertainties.

Governor Andrew Bailey commented that the cut will be "welcome news to many" but emphasised that the Bank is "monitoring the UK economy and global developments very closely, and taking a gradual and careful approach to reducing rates further.... Read More

Top Tips For Selling Your Home During December 15 November 2024

Dressing Your Home for a December Sale in Britain: Tips for Success

Selling your home during December in the UK might seem daunting, with shorter days and frosty weather. Yet, it can be an excellent time to showcase your property as a warm and inviting sanctuary amidst the festive season.... Read More

Base Rate cut to 4.75%: but what could it mean for mortgages? 07 November 2024

Base Rate cut to 4.75%: but what could it mean for mortgages?

The Bank of England has announced that it will reduce the Base Rate by 0.25%, to 4.75% this month – the second reduction this year. Base Rate was held in September after being reduced in August, which had been the first drop since 2020.... Read More

Argyle Competition Terms and Conditions 23 October 2024

Terms and Conditions of Novahomes Competitions:

1. There will be no cash alternative offered
2. All entrants enter our competition on the knowledge that this is a prize which can be substituted at the sole discretion of Novahomes
3.... Read More

Property Market Rises in 2024 01 March 2024

Title: Riding the Wave: Rightmove"s 2024 House Price Surge and Why Homeowners Should Seize the Opportunity

In the dynamic world of property, news of rising property prices sends a ripple of excitement through homeowners and investors alike.... Read More

EPC Changes Major Update For Landlord 21 September 2023

Many landlords have been concerned about changes to the law for EPC"s on their rental homes needing to be upgraded to band C, however;

Under revised plans, the Government will:

- Scrap policies to force landlords to upgrade the energy efficiency of their properties, but instead continue to encourage households to do so where they can;

- Raise the Boiler Upgrade Grant by 50% to £7,500 to help households who want to replace their gas boilers with a low-carbon alternative like a heat pump.... Read More

Applying To View A Property 06 June 2023

Congratulations on starting your rental journey with Novahomes!

At present we are receiving anywhere from 50-200 enquiries per rental property. It is not feasible to show that many potential tenants around on a viewing and as such; we ask that you complete an application form, and if short listed by our client you will be offered the chance to view this home and take the next steps.... Read More

House Prices In South West Up By Nearly 30% In 4 Years 18 May 2023

The average square footage price in the UK has risen by 23.6% since 2019, with The South West seeing the largest increase over the last four years, up by a massive 29.9%, new research from TwentyEA reveals.

The East Midlands has seen the second highest hike in average square footage prices since 2019, with prices up by 29.... Read More

Landlords using companies to buy a property What are the pros and cons? 06 December 2022

Summary

Landlords are facing increased financial challenges as a result of the restriction in loan interest relief and increased cost of borrowing. Understanding the tax efficiency of holding property in a company could well reduce a landlord"s tax cost and therefore increase financial returns.... Read More

The Survey 11 August 2021

So you have agreed a sale and now it"s time for the surveyor to visit and look over the property. Sounds simple enough, however how can you be sure the advice you are about to get is accurate and will lead you to make the right decisions?

With 15 years industry experience I am pleased to pass on some of the lessons I have learnt, and the advice to both buyers and sellers over the years;

Ask someone what"s wrong and they"ll usually think of something!... Read More

Can an Extension Increase My Property Price 21 July 2021

Can A Single Story Extension Increase My Property Price

Many home owners have considered extending their property, especially in recent years with the cost of moving going up year on year. One question people often consider is "should this extension be one or two floors, and will I make my money back on a single floor extension".... Read More

COVID-19 Statement 05 January 2021

Updated 05 Jan 2021

Visitors:
If you need to visit our office please could we ask you contact us first as we will only be accepting visitors who have a confirmed appointment to ensure the very best level of service and safety for our team, customers and business associates.... Read More