Welcome to your monthly property update!

Welcome to your monthly property update!




Home sales figures are looking strong for summer 2023

 
You are relaxing with a drink in the garden, and the summer scent of flowers and sweet grass mingles with whatever you are cooking on the barbeque. You take a long sigh and feel so happy that you have made the effort to move. Perhaps you have not experienced this feeling for a while. It could be that you are a first-time buyer and are eagerly awaiting this special and unique feeling. As the market stands, there is more than just nice weather and pretty houses to tempt you into moving.

Strong sales
With the UK housing market currently sitting at 500,000 sales, many analysts expect to see these figures rise to more than one million by the end of the year.* This is good news; it means that your home will sell quickly if you put it on the market. And is more proof that the property market is vibrant and far more resilient than the gloomy picture painted by the mainstream media.

The summer rush
Many people are hastily getting on the move in time for summer, not wanting to move during the colder months of winter. Summer is a beautiful time of year to move to your ideal home and is traditionally a busy time of year. For sale signs start appearing as quickly as summer flowers, giving you more choice. But it’s best not to wait for a sign to go up; keep in touch with your friendly agent, as homes can disappear from the market as quickly as they appear. Your agent will alert you the moment the right property for you becomes available.

Surging choice of homes
With 65% more choice in homes than this time last year.* The buying process today is far more enjoyable. You no longer have to worry about making offers over the asking price. From large and small energy-efficient homes that ooze character to new builds, and interesting period properties in a multitude of rural and urban locations, the choice on today’s market is more varied than ever. Homes across the market have undergone a massive amount of improvement during the home improvement boom of recent years. That said, there are plenty of projects waiting for you to put your mark on.

Summer is a great time of year to move
The kids are off school, the days are longer, the weather is not as harsh, and moving your belongings in more clement weather is a nicer experience. It’s also a great time to meet the new neighbours for a drink in the garden or a barbeque after you move in.

Good timing
Timing counts for a lot when it comes to selling your home, and right now the market is a hive of activity. A good agent will have their finger on the pulse and have a buyer waiting for your home to make its appearance on the market.

A vision of summer living
Bright and breezy rooms with seasonal flowers, drinks on the decking as the sun goes down, or the smell of something delicious cooking on the barbeque, or a simple, more compact space with a few candles and soft music soothing you after a hard day’s work are worth making the effort for.

Don’t waste any more time and make your move this summer?

Get in touch to see how we can help.

Zoopla*



It’s a buyer’s and a seller’s market

 
The property market always has a good deal for everyone, and right now, this has never been truer. The news tends to paint a bleak picture; however, on closer examination, it’s clear to see that the moving market is well balanced. If you are selling, buying, or both, then you are sure to find what you are looking for at the right price.

If you are selling
The property market is still benefiting from the rapid growth in prices over the past few years. With UK house prices rising on average by 3% in the year to May 2023, there is no doubt that things have returned to a healthier state.* Steady, solid growth creates confidence and stability. This means if you are selling, you are going to get a good price for your home, and if you move, you most likely have great levels of equity.

Buyer demand
Demand from buyers is up by 14% compared to 2019 and is 42% lower than a year ago.* It’s completely unfair and unrealistic to get downhearted by comparing today’s figures with those of last year. This was an exceptional year due to the hyperinflated market caused by COVID and other factors. The figure to concentrate on is that of 2019, which was a more realistic market, and with the increase in demand this year, you will sell your home quickly.

If you are buying
The property market is not exclusively a buyer’s market, as perhaps it has been in past years. But there is definitely a lot of scope for haggling, making an offer, or getting a good deal. Whatever your preferred term for saving money is, the trick is not to overdo it. You don’t want to miss out on the home you love by making too low an offer. This is where a good estate agent can help guide you through what can be a nerve-racking time.

A friendly face
Moving home is becoming more of a seamless experience. But having the right agent helps with this process. There is no substitute for a living, breathing person who spends day in and day out dealing with virtually all that is property related. Estate agents tend to know what is going on in your local market, can answer all your burning questions, put you in touch with anyone else you may need, and often have a list of buyers ready and waiting. Buying a home is an emotional experience, and when you are making big life-changing decisions, you don’t want to deal with a robot!

Beautiful buying weather
This time of year is perfect for moving. The birds are singing in the trees; it’s warm, and the prospect of being moved in time to enjoy the summer tempts many home movers into selling and buying. As a result, prices stay buoyant, and the choice of property flourishes. It’s a busy time of year, which adds vibrancy to an already good market.

Happy homes
Many homeowners keep their homes in tip-top shape during the summer. The result is that homes become happier places. Whether you are relocating to the countryside or to a new street, this time of year lends itself well to making some everlasting memories.

Browse our properties to take a glimpse inside your future happy home.

Zoopla*



Are you interested in inviting nature into your garden this summer?

 
This time of year is perfect for unwinding in the garden. So many people like to make the most of their outdoor living spaces by sharing them with their friends and family. Having a few extra guests around to make it more of a social occasion is always a good idea. But don’t forget to invite a bit of wildlife, which adds a touch of magic to your garden during these wonderful summer months.

Pick the right flowers
Flowers produce pollen for the birds, bees, and butterflies, which adds an orchestral soundtrack to your garden. Birds and butterflies are a spectacular sight to behold as you unwind in the garden with loved ones after a hard day’s work. And thanks to their hard work, the birds, butterflies and bees encourage more flowers to grow in your garden as they fulfil their role of fertilisation. Choose the flowers you love, adding the colours that make you happy, then let nature take its course.

Trees and shrubs
Whether bushes, hedges, trees, or shrubs are your thing, again, grow whatever you are most passionate about. Each will provide a great home for various forms of wildlife, from birds to insects. Growing a good amount of these things will create a better visual appeal for your garden and give the wildlife more choice when it comes to finding their nesting place of choice.

Build a pond
Building a pond can be great fun and is a relatively inexpensive way to add a whole new dimension to your garden. Buy a prefabricated pond and put it in the ground, or use a liner; either way, you are in for a little digging. All the hard work is worth it though, if you do it yourself. You will be able to sit back and drink your morning coffee while watching the birds, possibly even a toad, wash themselves before singing their morning songs. A good tip is to build a sloping side, almost like a beach, so that wildlife can get in and out of your pond. Perhaps fish are more your thing; either way, add some flowers to your pond, such as waterlilies, and watch them blossom.

Grow a meadow
Scatter flower seeds and create a meadow. Don’t worry if you don’t have the space to do this; you could grow small areas of long grass. These will also add to the visual appeal of your garden. Making it unique and different. This can encourage voles and caterpillars, and wildflowers have a unique beauty that is another feast for your eyes.

Create a rock garden
If you have areas in your garden that have poor soil quality, rock gardens are an ideal solution and don’t cost a lot to build. In fact, you may be able to build it for free. Build it next to your pond or wherever you feel it makes the biggest impact, and you will encourage pollinators and other forms of wildlife to thrive.

Added value to your home
While having more wildlife in your garden will not directly add value to your home it will enrich your garden, making it more attractive. This will add value to your home, and a well-presented garden with various features, flowers, trees, and shrubs will be far more appealing to buyers than a property with less visual appeal. Combined with the right outdoor living space; the perfect viewing point to appreciate all your hard work, you will have undoubtedly added significantly to the value of your property.

Are you looking for a home with an idyllic garden this summer?

Get in touch to see how we can help.



How to evoke emotion with your home's colour palette 

 
Perhaps you have just moved, or maybe you are thinking about moving. It could be that you are decorating a recently acquired buy-to-let property. Whatever your reason for decorating, sometimes the hardest decision to make is deciding on colour schemes. There is an eternal spectrum to choose from, and matching and creating rooms that are visually what you were hoping for is no easy task.

Did you know?
Some research suggests that we associate certain colours of inanimate objects with certain emotions. Here are a few examples: orange: happiness or energy, yellow: cheerfulness, red: love, passion, or danger and blue: relaxation, to mention but a few.

Are you selling your home or letting your home?
If you are renting out your home, neutral, warm colours are the best. That way, you can play it safe and not run the risk of decorating to your tastes and alienating potential tenants or buyers. Paler, softer colours that encourage as much light as possible will make your home appear larger. While it is tempting to opt for two-tone effects, do so in a conservative manner, if at all.

Do what makes you happy
If you are decorating for your own home, then this is a different matter. When it’s time to sell up and move, the chances are that your buyer will have their own ideas and tastes when it comes to decorating. Instead, have faith in your own tastes. Learn to trust yourself while seeking the right advice. Experiment with colours, and don’t buy until you try. Use the samples you are provided with and paint until you are happy. If you are not happy, today any colour can be matched with some clever mixing technology. So, if you can’t find the right colour, you can have it made.

Soothing spaces
Bathrooms, bedrooms, and sitting rooms are often places where feelings of tranquilly are at the top of the pecking order of desired emotions. Shades of blue and green can be useful in creating such feelings. The softer the shades, the less impact they will have. A good way to make these themes work well is by adding the right complementary furniture. In the case of a bathroom, a contrasting suit will accentuate these emotions and may distract your eye from the intensity of large painted areas. A good tip is to break up walls with mirrors, plants, pictures, shelves, or tiles to create a greater sense of serenity.

Furniture and finishing touches
A great way to add colour to create your desired mood is by not paying too much attention to the walls and focusing more on your furniture, features, and finishing touches. Gone are the days when it was all about wallpaper and paint, with furniture being a simple afterthought.

Neutral and darker colours are great for a feeling of cosiness. Then, if you want to add a dash of colour with yet more cosiness built in, use mustard shades or whatever colour you love. Neutral colours work with everything, and when you get to the end of your decorating expedition, the impact of small plants on a simple, free-standing table can be pleasantly surprising. So, when it comes to creating the perfect mood for each room in the house, start with your furniture.

Browse our properties today to find a home that matches the life you want perfectly.



Some Guys Have All the Luck27 January 2024

Endorsed by Rod Stewart’s own family, Some Guys Have All the Luck: The Rod Stewart Story is back in Chelmsford...

Click here to read Some Guys Have All the Luck27 January 2024.



What does a modern estate agent bring to the table?

 
 


There is so much more to your local estate agent than meets the eye. The skill set, depth of knowledge, and range of skills that are needed to succeed in the industry today are staggering. It’s little wonder most people still use a traditional estate agent over an online-only estate agent, and much of this is down to market knowledge and technology.

Technology
Your home will get great exposure to ready-and-waiting buyers thanks to connecting home buyers and sellers like never before. With access to databases of home movers, property listings, market analysis tools, and customer relationship management (CRM) software, your agent has the technology to sell your home quickly. Additionally, your agent may use virtual reality or 3D tours to provide immersive property viewings for remote clients. Add to this the huge social media reach, and you are on the move in no time.

Great personal service
There is no substitute for the friendly face of your local estate agent. It’s comforting to have a professional person to offer assurance and emotional support through what is an exciting time but is also a little nerve-racking. When you are moving, you have a lot of what-ifs. There is a lot to do, and having someone on the other end of the phone to guide you through all aspects of your move is very comforting.

Valuation
Valuing your home at the right level is critical in today’s complex and fluctuating market. If the asking price is too low, you could cost yourself some serious money. Too high, and your home will not sell. Potential buyers start to ask questions like; How long has the property been on the market? Your house sale becomes stale. This can lead to achieving a much lower price, as you are forced to sell at a lower price to regenerate buyer interest.

Market and area knowledge
Your local estate agent will know your local property market better than anyone else. Modern agents are made up of a talented team of people, from valuers to marketing strategists and property experts. Staying on trend with everything to do with property, they will know your local area as well as you will after living there for years.

Mortgages and other services
Modern estate agents have a broad network of contacts within the industry, from mortgage brokers and conveyancers to removal companies. Putting you in touch with a good mortgage advisor could be the difference between finding the right road to your new home and getting lost. This all makes for a seamless, less stressful move.

Marketing expertise
Gone are the days of traditional marketing methods. Modern estate agents are well-versed in digital marketing strategies, including social media, online listings, and virtual tours. They know how to present properties in the best light, creating eye-catching listings that attract potential buyers. Their marketing efforts extend beyond just listing a property; they also know how to stage homes for viewings and use professional photography to highlight your property's strengths.

Negotiation skills
Negotiating the price of your home can be a complex and emotional process. Your agent will make sure you get the best possible deal in the time frame that works for you. They act as intermediaries, helping to bridge the gap between buyers and sellers and ensuring that both parties are satisfied with the outcome. And this experience and knowledge make their fees worth every penny.

Legal compliance
It’s easy to fall down a legal pitfall when moving. This is why a modern estate agent is imperative for a smooth sale. Complex legal documents are included, from exchanging contracts to local regulations, and their expertise will save you time and money. Then you can enjoy the excitement of moving property to the fullest without any worries.

Contact us to see how we can guide you to a smooth home move



Chelmsford Half Marathon,Mar 03 2024

Chelmsford Race Weekend / CM Half is the major road closed running event in Chelmsford Essex. 

Click here to read Chelmsford Half Marathon,Mar 03 2024.



The National Flower ShowFriday 17th - 19th May 2024

Celebrating the very best of our homes and gardens, our 2024 event will be back bigger and better than ever with incredible flower displays...

Click here to read The National Flower ShowFriday 17th - 19th May 2024.



Why are so many people getting on the move again?

 
The best time to move is the time that best suits you. But whether you are a first-time buyer, looking for your perfect forever home, or a property investor, it seems now is a good time to move.

Many early birds are moving home
Many people have been watching the market closely and were preparing to move well before Christmas last year, getting their homes’ sale-ready, and addressing anything that helped to maximise their selling prices’. As interest rates stabilised, home movers decided to get an early start and take advantage of reasonably priced homes, thanks to a slower 2023 market, before prices start to rise again.

Sellers know they will find a buyer quickly
In January, the number of homes for sale was 13% higher than the previous year and agreed sales were up by 16%* in the first six weeks of the year compared with 2023. This momentum is growing, increasing demand for your home. Spring home movers make this time of the year one of the busiest and with early bird buyers kicking off the beginning of the year, the market is in better shape than is often described in the news.

Home movers who delayed their move last year are moving in 2024
An increasing number of buyers who were waiting to see what happened last year have been entering the market. Eager to move and start enjoying a better property means homes are not on the market for long. Wanting to take advantage of lower stamp duty rates at 0% for homes up to the value of £250,000 and for first-time buyers up to the value of £425,000,** is also a big factor.

The market is ripe for picking properties
With house prices generally not increasing last year while maintaining good levels of value, many people are getting on the move. They know that they can get a good price for their current property without overpaying for their next. As more and more 'sold' signs sprout up under the warming sky, more buyers return to the market. They bring fresh, sale-ready, and often move-in-ready homes that attract a lot of interest.

Springtime is a good time to move
Springtime is perfect for moving. Summer is on the horizon and your garden will be foremost in your mind. As warmer, lighter, and longer evenings appear, you have more time for house viewings and making your home look beautiful. You don’t want to move when the weather is too cold, but you want to move in time for summer. And as the economic climate improves, a positive mood purveys without the franticness of previous years.

Better mortgage deals and an acceptance of a new normal
You buy a home because you love it and will be happy living in it. It is also an investment. Since January, mortgage approvals have been increasing as mortgage rates decrease. It’s little wonder more people are moving. While interest rates are not as low as in the past, many people are accepting that they will not return to super-low levels. Waiting for interest rates to fall will probably mean paying more for the home you want as house prices rise.
 
Contact us, and we'll help you find your dream home today

 
Rightmove*

GOV.UK**

 

 



How can I find the perfect home to rent?

 
Looking for the perfect home to rent can be a challenging task, as there are a wide range of factors that you need to take into consideration. Here are seven top tips for making the process much more streamlined and stress-free.

Determine your budget
The first step in finding the perfect home to rent is to determine your budget. You should aim to allocate around 30% of your monthly income to paying your rent, as any more than this could cause you financial strain. Knowing your budget will then allow you to narrow down your search and only consider properties that you can realistically afford. This saves you time and prevents you from falling in love with a home that is way out of your price range.

Give yourself plenty of time
When it comes to finding a new home, rushing the process can lead to poor decisions and frustration. Giving yourself plenty of time allows you to thoroughly research different locations, compare rental prices, and view multiple properties. By starting early and taking the time to carefully evaluate your options, you can ensure that you find a rental property that aligns with your lifestyle, preferences, and financial situation.

Consider your location
One of the most crucial factors to consider when searching for a property is its location. Living close to work, school, or amenities can save you time, money, and stress, while living in a safe neighbourhood can give you added peace of mind. Before committing to a tenancy, you should research the area, visit the neighbourhood at different times of the day, and maybe even speak to people who already live there to get a feel for the community.

Define your must-have features
It's essential to take the time to define your must-have features before starting your search, as this will help you find a home that suits your needs and preferences. You can do this by making a list of desirable features, considering your lifestyle, budget, and long-term goals in the process. By clearly outlining what you are looking for in a rental property, you can streamline your search process and focus on homes that match your criteria. This can save you time and energy and help you find a place that feels like the perfect fit for you.

Speak to your estate agent
Your estate agent is the bridge between you and your next home as they possess valuable information about the properties on the market, as well as insight into the local property market. Effective communication with your estate agent can help them understand your needs and preferences, allowing them to streamline the search and present you with options that align with what you are looking for. Don’t be afraid to ask your agent questions or go to them for advice, as they are there to help you with whatever you may need.

Make the most of your viewing
Before you even step foot into the property you are interested in, it's important to do some preparation beforehand. You should be ready to ask some key questions about a range of topics including rent payments, the length of the tenancy, the area, and whether or not pets are allowed in the property. Take note of any signs of wear and tear, such as peeling paint or leaky faucets, and check the fixtures and fittings to make sure they are in good working condition.

Take the final steps
Once you have found a property you love and have decided you would like to live there, you need to complete the process with the help of your estate agent. It’s crucial that you carefully review the tenancy agreement to make sure you fully understand all the terms and conditions before signing. Once this is done, it’s time to arrange for electricity, water, gas, internet, and any other essential services to be activated in your name.

 
Looking for your perfect property? Contact our dedicated team of agents today





Ten reasons why now is a great time to move

 
Home buyers and sellers are coming back to the UK property market in droves, breaking records along the way. Some home movers are early birds; others have given up waiting, while many are seduced by a beautiful array of inspiring properties and reasonable pricing.

You have more daylight to enjoy viewings
Spring and summer are perfect for getting out in the garden, even if it’s not your own. Longer, lighter evenings give you more time to book and enjoy house viewings. According to Rightmove, January saw a record-breaking 23% increase in valuation requests compared to last year.*

Spring-summer surge
This time of year, often sees an increase in home-moving activity. Winter is over and the yearning for change is in the air. There are not many things that can change your life, like moving to a property you love. Many home movers choose spring, hoping to be in on time to enjoy summer.

0% stamp duty
Stamp duty is due to increase in April 2025. But right now, it’s at 0% for homes up to the value of £250,000 and for first-time buyers up to the value of £425,000, and just 5% between £425,001 and £625,000 on the amount over £425,000.** This reduces the cost of your move.

Sellers are back
Agreed sales were up by 16% in the first six weeks of the year compared with the same time in 2023.* And with the number of homes arriving on the market increasing as ‘For Sale’ signs appear in the locations you love; you know you are closer than ever to finding the property you really want.

Buyers are back
With buyer demand increasing by 11%*** in January compared with last year, buyers have been returning to the market for some time. Momentum is building steadily. Buyers are often sellers too, so they bring more choice to the market. All of this, combined with lowering interest rates, increases confidence in the market.

Best of both worlds with reasonable pricing
Make a good offer and you will be home in no time. This year is great for moving compared with previous years. You will get a good price for your current home with house prices inching up but, you will also get good value for money when buying due to the slowdown in house price inflation last year.

Good news for first-time buyers
With low deposit mortgages, the First Homes scheme offering discounts on new-build homes, affordable starter homes, and helpful savings schemes giving good interest to help you gather a deposit, it’s best to ignore the average house price in the UK mentioned in the news. Many homes are priced below this figure so you can get a footing on the ladder.

Positives for second steppers
If you are moving from a starter home, you will enjoy more demand than any other sector. This means you are in a good place to take a step up. With increasingly competitive interest rates and over 5,000**** mortgage products to choose from, from porting to buying something with the potential to improve, you have a lot of options.

Buy a home higher up the ladder
Homes at the higher end of the ladder are still enjoying lots of room for negotiation. If you are a cash buyer, even better. So, if you have enjoyed a lot of success in recent years and want an extraordinary home, this is your time. As soon as you move into your home, it will start increasing in value as the market warms.

Moving is not stressful with the right agent
Moving does not have to be stressful. As experienced agents combine their local market knowledge with access to a vast database of buyers and sellers, you can’t miss. This makes it easier to find an alternative if a sale falls through. Achieving a good price and finding the home you want is important and good agents make it happen effortlessly.
 
Make your move magical and stress-free by contacting us today



Rightmove*
GOV.UK**
Zoopla***
Moneyfacts****



10 types of mortgages explained

 
When getting involved in the property market, there are many technical parts to buying a home. Mortgages can be one of the most complicated steps.

What is a mortgage?
A mortgage is a legal loan agreement between a borrower and a lender for an agreed-upon amount of money. A mortgage loan can only be borrowed for a property purchase. This then allows the borrower to purchase a home and make monthly repayments with interest. If these repayments aren’t met each month, the lender has the right to repossess the property.

When you purchase a home, you place a cash deposit, which is normally around 10-15% of the property's price. You repay a mortgage on an agreed-upon timeline between 20 and 40 years, and sometimes you can be penalised if you pay back the mortgage too soon.

Fixed-rate mortgage
A fixed-rate mortgage is one where the interest rate stays the same throughout the agreed-upon period. This is usually maintained for two to five years. These mortgages are great if you want to maintain a constant payment over a period, but if the bank's interest rates reduce, you might end up paying more in the long run.

Variable-interest mortgage
This type of mortgage is where you pay an interest rate that your lender independently sets. The lender will use the Bank of England’s base interest rate as a guide but charge more in line with other lenders. With this mortgage, your monthly interest rates will be constantly changing.

Guarantor mortgage
A guarantor mortgage is a mortgage that has been created to support people who cannot get a mortgage independently. This may be due to a poor past credit score or a low salary. You have a relative or close friend as your guarantor, meaning they are responsible if you cannot meet your monthly repayments.

1% mortgage
A 1% mortgage is exactly as described in the title. You will only need to place a 1% deposit on the mortgage, but this will mean your monthly repayments will be higher. This will allow people who struggle to raise the deposit for a home to secure a mortgage.

Tracker mortgage
A tracker mortgage is a type of mortgage that tracks the base rate of the Bank of England. The base rate can change up to eight times a year, so the lender only increases and decreases your interest rate if the base rate at the Bank of England changes.

First-time buyer mortgage
A first-time buyer mortgage is directed at first-time property owners. These mortgages allow a smaller down payment than other mortgages to encourage first-time buyers to get onto the property market, as the average first-time buyer in England is 32.

Buy-to-let mortgage
A buy-to-let mortgage is a mortgage specifically designed for investors and landlords for a property they don’t plan to live in themselves. You are typically expected to put down a higher deposit, around 25–40% of the property price.

Offset mortgage
An offset mortgage uses your savings account to determine how much you are charged each month. Depending on how much money is in your savings account, it is used to reduce the total interest you pay each month. So, the more money placed in the savings account, the lower your monthly repayment.

Interest-only mortgage
An interest-only mortgage is a mortgage where you only pay the interest rate instead of the full monthly repayment cost. At the end of your mortgage term, you will then make provisions to pay back the original amount of the loan.

Joint mortgages
A joint mortgage is what it says in the name. It is where you share the mortgage and the monthly costs. You can get a joint mortgage for up to four people, but it is usually for couples. This allows more people to afford the cost of a mortgage.

Are you ready to secure a mortgage and get that dream property?
Get in touch today for more details