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23Jul
Over the past year, average property prices in Nottingham have increased by 18%, with the average property now worth £216,446*
As the Stamp Duty Holiday price threshold drops, the demand for properties still remains above pre-pandemic levels!
Rising demand coupled with a record sale to stock ratio, has contributed to 13.4% annual house price increase in June, the highest level since November 2004.
With many households undertaking a lifestyle re-evaluation following the pandemic, huge demand has been caused, leading to record house price growth.
27Oct
The UK housing market starts Autumn with momentum, a post-lockdown mini-boom making summer 2020 busier than usual.
Click "read more" to download the full report.
30Sep
In line with the new government guidelines confirmed on 24th September, we have implemented some further measures to the way in which we are operating.
Customers are welcome to visit our offices (both West Bridgford and Keyworth) but in the interests of continuing to put our customers and employees safety first, as well as controlling the number of visitors, our front doors will be locked. Please make an appointment in advance, or give us a call prior to popping in. Should you have an appointment to visit our Lettings Department, please enter via the steps at the side of our office.
We continue to offer valuations, viewings, move-ins and move-outs – adhering to the strict government but in addition to this, our virtual viewings and valuations will remain, should you prefer to use these services instead.
On entering our offices, we request that you wear a mask and where screens are not available, our staff will be wearing masks as well.
We are displaying the official NHS QR code and would request that on entering the office, you ‘check-in’ using the NHS Track & Trace App.
The latest Government Guidance on home moving can be found here https://www.gov.uk/guidance/government-advice-on-home-moving-during-the-coronavirus-covid-19-outbreak .
Please do not hesitate to contact us should you have any queries, on 0115 9811888.
01Sep
The Government introduced legislation to both the private and social rented sectors in England on Saturday 29 August 2020, meaning landlords must now provide tenants with six months’ notice seeking possession of their property, under the Coronavirus Act 2020, until March 2021, except in the most serious cases, such as anti-social behaviour four weeks’ notice instead of six months; domestic violence (two weeks’ notice); rent arrears over six months (four weeks’ notice); and tenancies gained through fraud (two weeks’ notice). Also, where the grounds for eviction relate to the tenant’s immigration status or the tenancy is an assured tenancy and possession is sought following the death of the former tenant, it will be three months’ notice.
The validity of a Section 21 Notice has been extended from 6 to 10 months to accommodate this change.
It is important to note: notices served on and before 28 August 2020 are not affected by the above changes, and must be at least three months.
In addition, should you have to apply to the courts for possession of your property, new court rules have been agreed, which will come into force on 20 September 2020 meaning landlords will need to set out in their claim any relevant information about a tenant’s circumstances, including the effect of the COVID-19 pandemic. Where this information is not provided, judges will have the ability to adjourn proceedings.
When courts do reopen for eviction proceedings, the 'most egregious cases' will be prioritised, including those where crime is involved or where the landlord has not received rent for a year.
24Jul
We are delighted to have just presented the Royston & Lund Sporting Achievement Award to Emily Hughes at Abbey Road Primary School. At a time when Year 6 pupils have missed out on so much during their last year in primary school, it was a great honour to be able to present the award, bringing some positivity and sharing this fantastic accomplishment!
The deserved winner, Emily, is a great example to us all and it would appear there is not a sport that she doesn’t throw herself in to. The award was made on the school fields on a beautiful sunny day, with everyone at a suitable social distance.
Huge congratulations to Emily from all of us at R&L!
30Jun
Nearly 6 weeks ago the government opened the doors to the housing market. At the time, there was an estimated £82 billion of property transactions on hold due to coronavirus.
The immediate effect of the reopening of the property market has been seen clearly on the property portals – with a distinct spike in searches for properties the day after restrictions were lifted. Rightmove recorded over 5 million visits on 13th May and reported that sales demand doubled from Tuesday 12th May (when restrictions were still in place) to Wednesday 13th May.
The spike in property searches can be attributed to the many people who have had to put their property search on hold due to coronavirus and are now looking to move quickly in order to avoid their own chain collapsing, or just to take advantage of current circumstances.
6 weeks in and the housing market has continued to gather pace with significant volumes of buyers and sellers returning to the market. “Searches for purchases are now at 44 per cent of pre-lockdown highs, up from lows of 15.6 per cent in mid-April” explains James Tucker, chief executive of Twenty7Tec.
Miles Shipside, Rightmove director and housing market analyst, said: “The traditionally busy spring market was curtailed by lockdown”.
However, at Royston & Lund after returning 6 weeks ago, bringing our entire sales team back a full 3 weeks earlier than we intended to, we have witnessed the market bounce back in a way we could not have imagined.
In the first weekend that the property market was released, we were in receipt of approaching 450 enquiries just by email for property which had been on the market pre-lockdown. We had a backlog of circa 200 viewings logged by interested parties throughout lockdown and over 100 enquiries from potential vendors looking to get valuations on their properties.
Fast forward to the end of June, we are now witnessing a market similar to that we would expect in a ‘normal’ spring market.
The immediate effect of the reopening of the property market has been seen clearly on the property portals – with a distinct spike in searches for properties the day after restrictions were lifted. Rightmove recorded over 5 million visits on 13th May and reported that sales demand doubled from Tuesday 12th May (when restrictions were still in place) to Wednesday 13th May.
The spike in property searches can be attributed to the many people who have had to put their property search on hold due to coronavirus and are now looking to move quickly in order to avoid their own chain collapsing, or just to take advantage of current circumstances.
6 weeks in and the housing market has continued to gather pace with significant volumes of buyers and sellers returning to the market. “Searches for purchases are now at 44 per cent of pre-lockdown highs, up from lows of 15.6 per cent in mid-April” explains James Tucker, chief executive of Twenty7Tec.
Miles Shipside, Rightmove director and housing market analyst, said: “The traditionally busy spring market was curtailed by lockdown”.
However, at Royston & Lund after returning 6 weeks ago, bringing our entire sales team back a full 3 weeks earlier than we intended to, we have witnessed the market bounce back in a way we could not have imagined.
In the first weekend that the property market was released, we were in receipt of approaching 450 enquiries just by email for property which had been on the market pre-lockdown. We had a backlog of circa 200 viewings logged by interested parties throughout lockdown and over 100 enquiries from potential vendors looking to get valuations on their properties.
Fast forward to the end of June, we are now witnessing a market similar to that we would expect in a ‘normal’ spring market.
Despite both buyers and sellers seemingly understanding there is a recession coming – at some point, we are seeing properties having numerous offers made from numerous buyers, best and final offers are being asked for as they would have pre-lockdown and property continues to sell for above the guide price.
Furthermore, demand in West Bridgford in particular and Rushcliffe as a whole has been consolidated by a good amount of new property coming to the market during the last 6 weeks. This has had a knock on effect on bringing more and more potential buyers and sellers to the market place and assessing their own options.
If you find yourself wanting some advice or have seen a property come to the market which you are interested in, give us a call on 0115 981 1888 to discuss what we can help you achieve for your property.
23Jun
In accordance with government guidelines our staff are now back working from both our West Bridgford and Keyworth offices. We are doing this in a safe and secure manner, ensuring social distancing at all times. Customers are welcome to visit our offices but in the interests of continuing to put our customers and employees safety first, we will be managing a “one in one out policy”. We continue to offer valuations, viewings, move-ins and move-outs – adhering to the strict government guidelines.
The latest Government Guidance on home moving can be found here https://www.gov.uk/guidance/government-advice-on-home-moving-during-the-coronavirus-covid-19-outbreak and a copy of our Health & Safety Document can be read here.
Please do not hesitate to contact us on 0115 9811888.
09Jun
As we enter our fourth month of lockdown in the UK, unsurprisingly, many are considering moving home or relocating altogether. Whether you're looking for a home with a garden, a dedicated workspace, or more space in general, we've got you covered. We've provided some guidance to get you started on the search for your ideal home.
Look online
Start your home search by having a browse online at the properties available in your desired area and within your ideal budget. This will give you an idea of what is on the market and is realistic for your means.
Digital tools
Once you've found some options that you're happy with, contact the estate agent to schedule a virtual viewing. The agent should have the available tools to help conduct a successful virtual viewing, guiding you through the property and answering any questions along the way. The benefit of viewing a property virtually is that you can decide whether you're seriously invested in the home before physically visiting it. You can even organise several viewings within a single day, all from the comfort of your home.
Follow up
Once you've viewed the property virtually, there may be questions that you've forgotten to ask during the viewing, perhaps you'd like a better look at a certain room or feature, or maybe you'd like to discuss your options with the agent. Do you need to know more about the area? Are you wondering about local schooling or transport? Take the opportunity to get back in touch with the agent to clarify any doubts or queries before you move on to the next stage.
Health and Safety
If you're serious about the property, you may want to visit it in person. Although some areas of the UK are still restricted, if you live in an area where lockdown has eased slightly, you'll want to ask the agent to provide you with their COVID-19 Health and Safety guidelines. This will give you insight into how they are conducting business and their procedure regarding physical viewings. Only when you are satisfied with the measures they are taking and reassured that they are operating in line with Government guidance, should you request a physical viewing take place.
11Feb
Valentine's day isn't far away and we will be giving away a bottle of fizz to celebrate the occasion!
To be in with the chance of find us on Facebook and follow the instructions on the post! https://www.facebook.com/roystonandlund/
The winner will be picked at random on the 14th February and will then be announced on our Facebook page.
T’s & C’s apply, see below for details.
1. This competition is open to residents of the UK, Channel Islands, Isle of Man and Republic of Ireland aged 18 years or over, except employees of Royston & Lund, their families, agents or anyone else professionally associated with the draw.
2. To be entered into the draw, comment on the competition posts that are associated with the Valentines competition. Closing date is 11am Friday 14th February.
3. Details of how to enter form part of the terms and conditions. It is a condition of entry that all rules are accepted as final and that the competitor agrees to abide by these rules. The decision of the Promoter is final and no correspondence will be entered into.
4. One winner will be drawn at random from all eligible entries received by the closing date. Late, illegible, incomplete or corrupt entries will not be accepted. No responsibility can be accepted for lost entries and proof of transmission will not be accepted as proof of receipt.
5. All entries must be received by 11am Friday 14th February.
6. The winner will be notified within three working days of the closing date of the competition and will be notified on the Facebook page. Winners will be required to confirm their acceptance of the prize within fourteen days of communication by messaging the Royston & Lund Facebook page. If unclaimed or declined fourteen days after confirmation, the prize will be cancelled.
7. The winner will receive a one bottle of sparkling wine.
8. All elements of the prize are subject to availability, non-transferable, non-negotiable and there are no cash alternatives.
9. The winners may be required to participate in publicity.
10. Events may occur that render the competition itself or the awarding of the prize impossible due to reasons beyond the control of the Promoter and accordingly the Promoter may at its absolute discretion vary or amend the promotion and the entrant agrees that no liability shall attach to the Promoter as a result thereof.
11. English law applies and the exclusive jurisdiction of the English Courts shall prevail.
12. The promoter is Royston & Lund, 3 Fountain Court, Gordon Rd, West Bridgford NG2 5LN.
11Feb
Senior Valuers Graham Sheardown and Steven Gray talk us through what's happening in the local property market and what we can expect for 2020.
If you are thinking of selling, why not arrange a no obligation, FREE market appraisal - https://www.royston-lund.co.uk/sales-valuation
Contact us
West Bridgford Office
3 Fountain Court, Gordon Road,
West Bridgford, Nottingham NG2 5LN
Keyworth Office
7 The Square, Keyworth,
Nottingham NG12 5JT
SALES: 0115 981 1888
LETTINGS: 0115 914 1122
PROPERTY MANAGEMENT: 0115 982 4949
Please note that calls may be recorded for training and quality purposes.
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About us
Royston and Lund are independent, award winning Property Specialists with branches in West Bridgford and Keyworth. We are passionate about the service we offer and are proud to employ the most experienced and professional group of people in the area.
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Royston & Lund Estate Agents Ltd. Registered in England. Company No: 4239895. Registered Office Address: 3 Fountain Court, Gordon Road, West Bridgford, Nottingham, NG2 5LN.
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