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New Electrical Safety Regulations could cost each Portsmouth Landlord £350+ in the next 13 months
Portsmouth Electricians are going to very busy in the next 13 months as they will have to test the electrics of every private rented property in Portsmouth and potentially may have to install new fuse boards and wiring in some circumstances. New regulations set out in the Housing and Planning Act 2016 gave the Secretary […]
The Rights, Obligations & Responsibilities of the 8,980 Portsmouth Landlords & 22,181 Tenants During the Virus Outbreak
The last three or four weeks, unquestionably, have been one of the most life-changing times we have seen since WW2. The imminent threat of the Coronavirus has taken over the world, the UK and Portsmouth and will challenge you, our families, our relationships and test us all. The drive of this worldwide action of social […]
PORTSMOUTH RESIDENTIAL MARKET REPORT – FEBRUARY 2020
Welcome to the February market report, where we cover the following topics. Portsmouth Homeowners £1,047,060,300 Windfall Since 2014 In the latest, and most recently published, set of UK mortgage data (for the month of November 2019) 18,470 pound-for-pound re-mortgages were made (i.e. the borrower went from one rate to another with no additional borrowing). Looking […]
The ‘Account Manager’ approach to Estate Agency
As an industry, Estate Agency has one of the poorest reputations when it comes to perception of service and value for money. It can be so painfully frustrating to deal with estate agents whether you’re a seller, buyer, tenant or Landlord. The reason for this is that there is no common theme throughout the customer […]
Portsmouth Homeowners £1,047,060,300 Windfall Since 2014
In the latest, and most recently published, set of UK mortgage data (for the month of November 2019) 18,470 pound-for-pound re-mortgages were made (i.e. the borrower went from one rate to another with no additional borrowing). However, since the 1970’s, the British have seen their homes as cash cows and cash machines, with many homeowners […]
A decade in the Portsmouth property market
What has happened to the local Portsmouth property market in the last decade? The average Portsmouth property has risen in value from £165,400 to £240,900 in the last 10 years … meaning each Portsmouth homeowner has seen a profit of £145.19 per week for those last ten years. Rolling the clock back to the start […]
The £1.1 billion mortgage debt of Portsmouth homeowners
Irrespective of the shenanigans and political goings on in Westminster recently, the housing market (for the time being anyway) shows a striking resilience, fostered by the on-going wide-ranging monetary policy by the Bank of England. With interest rates and unemployment low, UKplc is heading into 2020 in reasonable condition. Additionally, despite the UK’s new homes industry improving […]
Are the Tory’s Selling Off the Final Part of the Family Silver? 6,708 Portsmouth Housing Association Households & the Right to Buy Their Homes
Are the Tory’s Selling Off the Final Part of the Family Silver? 6,708 Portsmouth Housing Association Households & the Right to Buy Their Homes In 1979, Margaret Thatcher was voted in on a Tory landslide with the ‘right to buy your own council house’ being a mainstay of Conservative policy. She encouraged people to buy […]
Residential Market Report – October 2019
Welcome to the October market report, where we cover the following topics. How long is an average Portsmouth property on the market for? If you are either selling or buying a property in Portsmouth, there are a few reasons why it may be taking some time to sell your Portsmouth home or find that perfect […]
How’s the Market? July 2019
Another month passed and another article on various aspects of the Portsmouth property market; welcome to the July edition of ‘How’s the Market?’ I’m becoming more and more reliant on the feedback from each of you, particularly those wanting some questions answered on a particular area – the more suggestions, the easier it is to […]
The Calendar of Generic Estate Agents’ Excuses
Being part of a new company, I am forced to work hard for my property listings; completely understandable as we work and live in a reputation-based society and it’s our job to ensure that clients see how we differ from other companies. This means that a large percentage of the properties I market have already […]
Do your clients instruct YOU or your Company?
If you’ve pressed on this article, like myself, you think you’re the best at what you do. You’re the business winner, the ‘lister’, the person responsible for ensuring that you and your company are the obvious choice in your patch. You know your competition’s strengths, weaknesses and costs; you know your market inside out and […]