Bradwell Part Exchange Event
Aldreds are delighted to be supporting Persimmon Homes at their Bluebell Meadow site this Saturday for their part exchange event.
Chris, Tim, Dan and Tracie will be at the Bluebell Meadow show house between 10am and 5pn to offer help and advice to house hunters who think part exchange may be for them.
No need to book in just pop along for a chat. The Aldreds & Persimmon teams look forward to seeing you.
Performer of the Month for April.
Congratulations to Tracie Ablitt who is Aldreds Performer of the Month for April.
Tracie was literally everywhere in April. She worked in all offices covering holiday, sickness working weekdays, weekends and after hours whilst delivering excellent service to our clients and customers.
Just back from a well earned break!
Well done Tracie and have a great May!
Duffles Pond in Winterton
Lovely to receive a thank you card today for supporting this wonderful project and congratulations to the volunteers who helped raise £958 over Easter!
Property all sells the same…right?
It is a common misconception that properties sell broadly at the same rate and same timescale.
Generally speaking, there are more buyers for properties in lower to middle price brackets, however, there are also more properties for sale. Higher priced properties are available to less people but often a smaller number are for sale over a larger area!
There has been some interesting statistic released this week regarding different trends regarding different properties in various parts of the country. It has revealed the fastest selling properties in the UK currently are semis in Scotland going under offer in 37 days whilst the slowest selling are detached homes in Wales. Terraces in the west Midlands and semis in the North East are the fastest selling in England. Bringing up the rear are flats in London (often suffer in more challenging markets).
We are finding a real bounce has returned to the housing market in 2024. We are definitely seeing the strongest part of the market between £125,000 and £260,000, however, we have seen buyers return to prime property to with sales currently agreed at figures over £700,000. With more stable interest rates and predictions of a falling base rate it appears 2024 will be the year the housing market settles and recovers after the challenges of late 2022 and 2023.
Landlords – are you concerned about the Renters Reform Bill?
No doubt you have seen in the press that the oh so controversial Renters Reform Bill is being pushed through the House of Lords next week.
The headline is removal of Section 21 notices and supposedly ‘no fault’ evictions. This is probably the most concerning for landlords as many may simply believe that getting their properties back will be next to impossible.
That is not the case, landlords will be able to get their properties back on one of four grounds; If they want to sell; if they (or a family member) wish to move back in; rent arrears or if there is antisocial or behaviour in the property.
With so many changes to the Private Rented Sector over the last 15 years landlords have developed a thick skin and are used to change. Inevitably there will be some who feel this is the last straw and sell which will inevitably reduce the available stock of rented accommodation. For those hardy landlords who remain they are highly likely to reap the benefits of the supply and demand imbalance which will no doubt push rents even higher.
If you are a landlord and have any concerns please speak to one of our lettings experts for sound practical advice. Talk to the experts, talk to Aldreds.
