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Royston & Lund are delighted to announce that along with other Guild Members in the Midlands area, on 17th October we will be holding an Exhibition at our associated Office in Park Lane, London. The exhibitions are part of the ‘London’s Looking’ campaign, which is designed to showcase properties to buyers looking to move out of the capital.
We are the exclusive members of the Guild of Property Professionals for the West Bridgford/South Notttinghamshire area and are hosting this property exhibition at the Guild’s Head Office on Park Lane. The Guild are a national network of approximately 800 independent estate agents, delivering local, regional and national property exposure.
Gary Lund, Director said “We are excited about bringing our properties to the London market. It’s a great chance for us to interact with London buyers, and for the buyers to see what we have to offer in the Park Lane setting. We urge any home movers to contact us in order to take advantage of this opportunity to access the lucrative London Market.”
Contact us today in order to arrange for one of our Valuer’s to visit you in your home with a view to discussing the marketing of your property, which will include showcasing the details at our London Exhibition.
It appears that the continuing rise in house prices and numerous reports on affordability have not deterred first-time buyers from entering the market.
According to new research from Connells, 49% of all property purchase valuations carried out in July were made on behalf of first-time buyers, a figure which has risen 6% on the five-year average.
The latest Survey and Valuation report from Connells detailed a considerable rise in transactions from first-time buyers as it showed 36,000 loans taken out in the month of June, this is the highest number seen from the demographic in 11 years with a huge 22% month-on-month rise and 6% year-on-year.
Corporate Services Director, John Bagshaw, commented on the findings of the report, stating that “Demand from first-time buyers is supporting the housing market at the moment. People are eager to get on the property ladder, with record high employment and competitive mortgage rates. But this doesn’t mean it’s an easy task to get a foothold in the market. Economic conditions are still tough”
Bagshaw suggests that while many first time buyers are eager to get on the housing ladder, the market can still be tough and feels they should receive further assistance; “With the value of a typical property rising £10,000 in a year, first-time buyers still need help. Perhaps they could be given an exemption from stamp duty”
This recent report also shows that there has been a small drop in new landlords entering the market, and suggests that “Government policies, including the stamp-duty surcharge and reduction in buy-to-let mortgage relief” have most likely made potential new property investors slightly hesitant to get involved in the buy to let market.
“People are still investing in the buy to let sector, but they’re typically existing landlords looking to expand their portfolio and increase profits to offset increasing tax bills. But the stamp duty surcharge, combined with the reduction in buy to let mortgage tax relief is potentially dissuading new small scale, amateur landlords from entering the market,” Bagshaw added.
The property market has also seen a rise in remortgaging to 36%, 10% higher than the five-year average as consumers are securing more long-term fixed rate deals as they take advantage of the competition amongst lenders when refinancing their home.
Propertymark, the go-to consumer organisation which helps people buy, sell, rent and let their homes, today launches its first national television advertisement to highlight the importance of using an agent who is ‘Propertymark Protected’.
The advert will appear across popular channels such as More 4, Home, Good Food, Eden, Discovery, Sky Sports News and Sky Living reaching approximately 30million adult viewers.
We are proud to be a member of Propertymark, which unites the know-how and experience of the five leading membership organisations1 for services in lettings, sales and auctions. The organisation creates a single voice which promotes professionalism and integrity among those working in the property industry. By holding its members accountable and by empowering consumers with knowledge and advice, Propertymark protects consumers and their money during their property transactions.
Val Shakespeare from Royston and Lund comments: “By displaying the Propertymark logo in our agency window we’re letting consumers know they’re in safe hands and their money is protected. The launch of the television advert will help to raise further awareness of the work Propertymark is doing to support consumers and we hope as a result, people will proactively look for the ‘Propertymark Protected’ logo when choosing an agent in the future.”
David Cox, ARLA Propertymark Chief Executive, and Mark Hayward, NAEA Propertymark Chief Executive, said: “At present, consumers don’t know where to go for property advice or can’t be sure if they are dealing with a professional. Propertymark is changing this by acting as a stamp of approval for consumers when they seek property expertise. With the help of our members, some of whom participated in the filming of the advert, we’re encouraging consumers to look for the ‘Propertymark Protected’ logo. This means they’re dealing with a professional who has opted for regulation in an unregulated sector and will ensure their money is protected.”
It appears that house hunters in the UK are prepared to pay considerably more for a house with a beautiful view located in a major town or city.
According to new research from HouseSimple, buyers are willing to pay an additional 30% for a nice view, which on average, adds approximately £78,400 to the price tag of the home.
The research found that in large urban areas where public green spaces are quite scarce, such as Sheffield, Liverpool, Cardiff, Glasgow and Middlesbrough, a great view can almost double the price of the home.
Properties that featured a view of Sheffield’s popular Endcliffe Park, were valued at a massive 121% higher than the city average. Similar statistics were seen in Liverpool, as homes with a view of Sefton Park saw property prices that were 112% higher than the city average.
Also, as expected, greenery in the country’s capital fetches a high price, with properties with a view of Hyde Park selling for 97% higher than the London average.
Although there were some areas throughout the UK in which being close to a major park had little to no effect on the price of the home, it’s clear that for most buyers, it seems to be near the top of their wish list.
These stats come as no surprise as only last month it was reported just how essential a bit of greenery is for home buyers, with almost half of them stating that they wouldn’t even consider a home that didn’t feature a garden.
CEO at HouseSimple, Alex Gosling said “In large urban areas where many properties don’t have a garden or access to a communal garden, living near public parks or green spaces is often one of the top wishes amongst buyers
“That high demand inevitably impacts on the price people will pay, but many buyers may not realise just how much of a premium they could be paying. That doesn’t mean there aren’t good value properties around some of the UK’s urban green spaces, but for real value, it’s probably worth looking at roads that are a short walk away”.
Some examples of available properties with views:
Trent Basin, Nottingham £395,000 - http://www.royston-lund.co.uk/property-for-sale/nottingham-portside-street-nottingham/ng2-4ds/1005078
Princeton House, West Bridgford £119,950 - http://www.royston-lund.co.uk/property-for-sale/nottingham-princeton-house-west-bridgford/ng2-7rf/1900778
Riverbank House, The Embankment £249,950 - http://www.royston-lund.co.uk/property-for-sale/nottingham-victoria-embankment-victoria-embankment/ng2-2jy/1680127
Boundary Road, West Brigdford £825,000 - http://www.royston-lund.co.uk/property-for-sale/nottingham-boundary-road-west-bridgford/ng2-7by/1886173
Melton Road, Tollerton £375,000 - http://www.royston-lund.co.uk/property-for-sale/nottingham-melton-road-tollerton/ng12-4en/1832588
Gotham Road, Kingston on Soar £765,000 - http://www.royston-lund.co.uk/property-for-sale/nottingham-gotham-road-kingstononsoar/ng11-0df/1531495
Our residential lettings department in West Bridgford are currently recruiting for a motivated and enthusiastic Weekend Assistant.
Duties will include;
Meeting and greeting the general public, answering and assisting with our busy phones for both the lettings and property management sectors.
Arranging viewings and valuations on a computerised diary system and dealing with minor property repairs as well as general office tasks.
Applicants must have first class communication skills and an excellent confident telephone manner. Computer knowledge of Windows is required.
Working hours:- Saturdays 8.45am – 4.00pm & Sundays 9.50am – 12.00pm
Please email your CV for consideration, with a covering letter to Stephanie Caine
We had a great response from our recent colouring competition with some lovely feedback from all who took part! Congratulations to Louis Wass aged 6 and Seb Riggott aged 7 who both won two passes each for Astroworld.