Taylor & Co Property in Abergavenny

Saying that 2020 changed the way many companies do business is a massive understatement. Pivoting their strategies, businesses evolved and adapted to a new way of working with many people now working from home for the foreseeable future. With the adaption, we saw a surge of digital products and services to help businesses continue to work productively while employees worked remotely.  With a captive audience working from home and many people using digital platforms, it is easy to see why so many businesses have shifted their attention to digital marketing, Social Media, website optimisation and other online media. However, is there still a place for direct mail marketing in a world of remote working and virtual meetings?  Read more here.

Are you in the process of buying a property and are wondering about getting a survey? Don’t make the mistake that far too many homebuyers still make, thinking it’s an unnecessary expense. A study carried out by the Royal Institution of Chartered Surveyors (RICS) revealed that those who didn’t bother with a home survey faced unexpected repair work after moving in, resulting in £5,750 in costs on average, and for some, the cost can be substantially higher. So, do yourself a big favour and assess the risk of your investment before you sign on the dotted line. Read our blog post in full here.

 

Our latest newsletter with advice and information on the local housing market is landing in clients' inboxes now.  Have you missed your copy, you can read it by clicking here.

During the 2021 Budget on 3 March 2021, Chancellor Rishi Sunak announced that new 95% mortgages will be introduced in order to allow first-time buyers to get on the property ladder with as little as a 5% deposit.  In his speech, Sunak said: “[It is] a policy that gives people who can’t afford a big deposit the chance to buy their own home.” This will make a substantial difference particularly to those living in more expensive areas, such as London. For those in the capital, it is notoriously difficult to get on the property ladder as price houses are so high. Read more about the policy from The Guild of Property Professionals here and if you are looking to find a new home and make the most of the 95% mortgage scheme, get in touch so that we can help with your property journey.

The desire to move remains on the agenda for many as the housing market proved one of the bright sparks of the economy during 2020. Rightmove reported it had a soaring start to the year with buyer demand up 12%, and sales agreed up 9% in January year on year. Take a look at our latest Spring Housing Market Report here which showcases the positive emerging from this challenging situation which include; housing market defying expectations at the end of 2020 ending at its strongest since the summer of 2016, and the vaccination programme is on target. Headline figures:
7.6% Annual house price growth
129,000 Property sales in December
12% Buyer demand up start of 2021
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