As a mark of respect, we will be closing our offices at 2.30pm this Saturday, 17th April to observe the funeral of His Royal Highness, The Duke of Edinburgh. An extraordinary man who has led an extraordinary life. May he rest in peace.
Across the areas that Aldreds cover there are literally thousands of ex local authority properties. They often sit on good plots and offer generous accommodation at a slightly lower prices than properties built in the private sector. Many of these properties were built in the 1950’s to cover the post war housing shortage. However, in some areas the occupation of ex local authority properties can be restricted to people who are from that area so it is always best to check with the selling agent before viewing. From North Suffolk to Broadland we have ex local authority properties available to buy.
All Aldreds offices will be open 10am to 1pm Good Friday and normal opening hours Easter Saturday
A year after Estate Agents had to cease normal activities at the start of the first lock down it seems appropriate to look back over the last year. As many of our key and critical workers were fighting the pandemic during lockdown one nearly all property sales and letting activity went in to hibernation. We continued to run our operations remotely, however, valuations, viewings etc had to cease and the majority of our fantastic team had to be placed on furlough. Out of the blue in mid May it was announced that estate agents could return to work immediately. We had already put safe working procedures in place so were able to reopen quickly to deal with the pent up demand in the market. June was an extremely busy month. Then in early July the stamp duty holiday was announced. This really turbo charged the housing market. Activity rocketed. Coupled with the challenges of operating safely this put us under a degree of pressure but our team stepped up and performed amazingly. We saw some amazing activity levels through the autumn with offices hitting levels of sales consistently not seen since pre credit crunch days. Estate agents were able to continue working safely through both lockdown two and the current lockdown. With the extended stamp duty holiday and a more hopeful year in front of us the housing market is predicted to remain strong and robust. Here is looking forward to a more stable and healthy rest of 2021!
Although Capital Gains Tax (CGT) remained unchanged in the budget earlier this month there are rumours a foot that there are changes coming in the medium term. CGT is paid on house sales that are not the sellers primary residence such as buy to lets and holiday homes. We will keep you up to date with changes as they are announced so watch this space!