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.



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



'Mind the gap' with your helpful agent

 

As summer rapidly approaches, on the back of a more than buoyant spring, homemovers are achieving good asking prices and getting offers accepted on their new homes. House prices are firming up, instead of rapidly rising, due to sensibly paced house price inflation. This creates good buying and selling conditions; however, it’s as important as ever to price your home correctly, so you can ‘mind the gap’.

 

What does ‘mind the gap’ mean? 

‘Minding the gap’ refers to the difference between the asking price a vendor is willing to accept and the agreed selling price of a home. The good news is the gap is narrowing, with the average difference between the asking price and the agreed sale price growing smaller, with average discounts at 3.9% in March, falling from 4.5% in November 2023.* These figures are yet more proof of an improving market. In some cases, this gap may not exist and it’s also worth remembering that homes are usually priced knowing that there will be room for negotiation. 

 

The art of negotiation

When an agent places a value on your home, they will do so knowing that buyers, will more often than not, try to negotiate on price, so they will take this into account. As a seller, you want to achieve the best possible price for your home and as a buyer, you want to get a lower than asking price offer accepted. Your agent or agents, if you are selling with one and buying with another, are working in your best interests. So, when it’s time to negotiate, even though it’s completely up to you what price you want to offer or accept, listening carefully to your agent's advice is crucial. 

 

Your home and your position in the market are unique 

Your home is as unique as you are, and may achieve more than the asking price, if it gets a lot of buyer interest. This could bring about a sealed bid. Even if this does not happen, you may not have a gap between your asking price and the agreed selling price of your home. On the other hand, if a cash buyer makes an offer below your asking price, then you may decide to accept the offer so you can make your move more quickly. Setting the asking price correctly in the first place should mean you will not have to reduce your price by too much. But, that does not mean you should simply choose the agent who places the highest value on your home.


The best valuations are not always the highest 

A good agent will value your home thoroughly, which is what you want. This is because they will find the features and positives of your home, its location, and the local market, so you can achieve a good selling price. It may be tempting to choose the agent who places the highest value on your home; however, it’s not always a good idea. Overvaluing your home can lead to your sale becoming stale. Some homemovers have found that they sell with a second agent, after not selling with their first choice, because the asking price was set too high.


Know your market 

In March, the percentage of asking prices achieved in the UK stood at 96.1% and with a 9% increase in sales agreed, the market is getting stronger.** However, your local estate agent will be an expert in your local market and in advising you on how to prepare your home for sale. They will also put local market analysis and a database of buyers to good use which will help your home find the right buyer at the right price. It’s good to keep track of the market yourself, by checking out recently sold prices, and comparing the condition of other similar properties. Then you can come up with the right pricing strategy with your agent, that gets you to where you want to be, without a big gap.

 

Get in touch to get moving this summer

 

Zoopla*
hometrack**

 

 



Estate agent vs. Property auction: which property sale suits you?

 

When you're attempting to sell your home, before you even consider placing it on the market, you need to decide what your goals are. Do you want a quick sale? Or do you want a big return on investment? There are several ways you can sell your home, and they all come with different benefits, but which property sale suits you?

Different ways to sell your property

There are two main methods for placing your property on the market: selling it through an estate agent or at auction. 

Selling it through an estate agent gives you a higher chance of achieving a sale at a well-reflected price, as selling it at auction can result in a quick and simple sale, but it may also undervalue the property. The fees are slightly higher for selling your property through an auction compared to enlisting the help of an estate agent.

What are the benefits of selling by auction?

The buyer is required to pay a 10% deposit almost immediately, and the majority of properties at auction are 'chain-free', reducing the likelihood of the sale falling through.

Auctions can be a quick selling method: your home is marketed for 3–4 weeks to gain attention, and then the auction takes place, hopefully leading to a successful sale.

What are the benefits of selling with an estate agent?

Selling your home through an estate agent comes at a lower fee and a higher asking price for your home. This allows you to achieve the maximum amount of profit on your property, as they are able to pin down buyers who are willing to pay a well-reflected, reasonable price against the market.

Selling through an estate agent broadens the buyer pool, as many buyers tend to overlook auctions due to their perception of potential fixer-uppers or problematic properties.

So, which property sale suits you?

The key takeaway is that selling your property at an auction could give you a faster sale, while estate agents tend to deliver a higher selling price for a lower fee.

If you're not concerned about the time it will take for your property to sell and you're looking for the highest possible price, an estate agent is your best option. Overall, you are more likely to achieve a higher price when you sell through an estate agent.

 

Book your free, in-person accurate home valuation

 
 

 

 

 



Want to know what buyers and tenants notice first? It’s not what you think

First impressions are crucial
When it comes to selling or renting your home, first impressions are everything. While many focus on big-ticket features like the kitchen or flooring, buyers and tenants often notice something completely different when they first walk in. Understanding what they notice can help you make small but impactful changes to create a lasting impression.

Cleanliness is key
Buyers and tenants notice how clean and well-maintained a property is more than anything else. A spotless home shows that the property is well cared for and worth considering. Clean countertops, floors, and fresh-smelling rooms give a positive first impression and create an inviting atmosphere. This doesn’t require a big investment just a little effort in tidying up.

The entryway sets the tone
The entryway is the first thing buyers or tenants see when they walk into your home, and it sets the tone for the rest of the viewing. A well-lit, tidy entry with a welcoming feel can make a big difference. Adding a plant, fresh doormat, or simple artwork can make it more inviting. A clean, organised entry creates a feeling of warmth and comfort that lasts throughout the viewing.

The importance of natural light
Natural light is one of the first things buyers and tenants notice. Rooms with plenty of light feel brighter, more spacious, and more welcoming. If your home doesn’t get much natural light, consider ways to reflect light, like using mirrors or light-coloured walls. Opening blinds, keeping windows clean, and using light tones can help maximise the natural light available, making the space feel more open and airy.

The little details that make a difference
It’s often the small touches that make a lasting impression. Buyers and tenants notice fresh flowers, a tidy garden, or newly painted doors. These simple details make a property feel cared for and loved. Keeping surfaces clear of clutter and ensuring everything looks neat can go a long way in creating a positive first impression.

Odours matter more than you think
Smells play a big role in how buyers and tenants feel about a property. A clean, fresh scent is inviting, while unpleasant odours can turn people off. Make sure to ventilate rooms before a viewing and remove any musty smells. A neutral, pleasant scent will help create a welcoming environment, making it easier for potential tenants or buyers to imagine themselves in the space.

Functionality over aesthetics
While the aesthetics of your home are important, buyers and tenants often focus on how well the space works for them. They notice if the layout suits their needs and whether it feels practical. A well-organised, decluttered space will feel larger and more functional, even if the aesthetics aren’t perfect.

The overall vibe of the space
Ultimately, what buyers and tenants notice first is the overall feel of the space. Does it feel welcoming, well-maintained, and easy to live in? Creating a positive emotional connection is key. Even small touches like ensuring the space is bright, clean, and tidy can help make the property feel ready for them to move in.

Want to make a lasting impression? Let’s ensure your property stands out.

 



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Growing appeal of eco-friendly homes

Something has shifted in the way buyers approach a property search. For a long time, energy efficiency sat near the bottom of most people's priorities, somewhere below square footage and school catchments. That has changed. Spring's active market will bring thousands of listings to buyers who are now routinely asking a question that would have seemed unusual just a few years ago: how much will this home actually cost to run?

The answer matters more than ever, and the properties that score well on that front are attracting genuine, sustained interest.

Why running costs have changed the conversation
The energy price rises of recent years left a lasting impression on buyers across all budgets. Even as prices have stabilised, the experience of seeing energy bills climb sharply made many people reconsider what they actually wanted from a home. A property with solid insulation, efficient heating, and a strong Energy Performance Certificate rating offers something tangible: predictability. For buyers working carefully to a budget, that is increasingly compelling.

An EPC rating of A or B can translate to meaningfully lower monthly outgoings compared to a property rated D or E. Over the course of a mortgage, those savings accumulate significantly. Buyers who factor this into their search, rather than treating it as a secondary consideration, often find that a slightly higher purchase price on a well-rated home makes better financial sense in the long run.

What to look for when viewing
If eco credentials matter to you, it is worth looking beyond the EPC rating itself. The certificate tells you the headline score, but understanding what sits behind it gives you a clearer picture of what you are buying into. Ask about wall and loft insulation, the age and type of boiler, and whether the property has double or triple glazing throughout. These are not obscure questions. Any seller's agent should be able to answer them, and the responses will tell you a great deal.

Homes with solar panels are worth examining carefully. Find out whether the panels are owned outright or subject to a lease agreement, as this affects how the benefit is structured and what happens when the property is sold. Heat pumps are increasingly common in newer builds and well-retrofitted properties. They operate differently to gas boilers and are most effective in well-insulated homes, so the two tend to go together in properties that have been thoughtfully upgraded.

New builds versus older stock
New build properties generally perform well on energy efficiency by design, built to modern standards with insulation, air source heat pumps, and sometimes solar provision included as standard. For buyers open to a new build, the running cost advantages are often significant and measurable from day one.

That said, many older properties have been substantially upgraded, and some Victorian or Edwardian homes now carry impressive EPC ratings following careful renovation work. Do not dismiss period properties on efficiency grounds alone. Ask the right questions and look at the evidence.

The wider appeal
Eco-friendly features are also holding their value in the market. Properties with strong energy credentials are proving more resilient, attracting a broader pool of buyers and, in many cases, achieving stronger prices relative to comparable but less efficient homes. For buyers thinking about resale further down the line, that is worth factoring in alongside the day-to-day benefits.

Spring is a good moment to approach the search with fresh eyes. The market is active, new listings are coming through regularly, and competition among buyers is picking up. Going into that environment with clear priorities, including a genuine understanding of what makes a home efficient and affordable to live in, puts you in a stronger position to find something that works not just now but for years to come.

Looking for an energy-efficient home this spring? Talk to us today



Furniture-inclusive rentals are on the rise: but do they really add value?

Walk through any busy lettings portal this spring and furnished properties are noticeably more prominent than they were five years ago. Demand from certain tenant groups has grown, operators of short-term and serviced accommodation have raised expectations of what furnished living can look like, and more landlords are considering whether adding furniture could improve their returns or reduce void periods. The question worth asking carefully is whether it genuinely does.

Why the interest is growing
Several converging trends are pushing furnished rentals up the agenda. The growth of co-living and build-to-rent developments, which almost universally offer furnished accommodation as standard, has shifted what a section of the rental market considers normal. Young professionals moving to a new city for work, international tenants, and people relocating at short notice increasingly expect a furnished option and may deprioritise unfurnished properties in their search.

At the same time, the rising cost of furnishing a home from scratch has made furnished rentals more attractive to tenants who would previously have preferred to bring their own belongings. For someone moving into their first rental property, the prospect of not having to purchase a bed, sofa, dining table, and white goods at the outset is a genuine financial relief.

Where furnished lets tend to perform well
The case for furnishing is strongest in specific market segments. City centre properties targeting young professionals and corporate lets are the most obvious examples. In these markets, furnished homes can command a rental premium and attract tenants who are less focused on long-term permanence and more focused on convenience. Student accommodation is another clear case, where furnished provision is effectively an expectation rather than a differentiator.

Holiday let conversions and short-term rental properties operate in a different category altogether, where high-quality furnishing is table stakes rather than an optional extra.

In family-oriented suburban markets, however, the picture is less clear. Families relocating tend to have their own furniture and often actively prefer an unfurnished property that they can make their own. In these markets, furnishing a property may add cost and maintenance responsibility without delivering a meaningful premium in rent or a meaningfully shorter void period.

The costs landlords need to factor in
Furnishing a property is an upfront investment that needs to be considered honestly against the projected returns. A realistic mid-range furnishing of a two-bedroom flat, covering beds, sofas, dining furniture, and basic kitchen equipment, can cost several thousand pounds depending on quality. Furniture depreciates, requires replacement, and introduces an additional maintenance obligation. Items will be damaged over time, and responsibility for repair or replacement sits with the landlord.

There are also compliance considerations. All upholstered furniture provided in a rental property must meet current fire safety regulations, and landlords need to ensure that any items supplied carry the appropriate safety labels. Keeping records and replacing non-compliant items is an ongoing responsibility that unfurnished landlords do not face.

Does it actually increase returns?
In the right market, yes. Furnished properties in high-demand urban locations can achieve rental premiums of between 10% and 20% over comparable unfurnished homes, and where tenant turnover is naturally higher, the convenience of a furnished let can also reduce the gap between tenancies. However, in markets where unfurnished properties are the norm, the premium is often modest or absent entirely, and the additional costs can erode any advantage.

The honest answer is that furnished letting adds value in some markets and in some circumstances, but it is not a universal rule. Landlords considering the switch are best served by researching their specific local market carefully, speaking to a letting agent with genuine knowledge of local tenant demand, and running the numbers with clear eyes before committing.

Speak to our lettings team about the right strategy for your property



Rental market rebalancing: what improving supply means for your situation

For much of 2022 and 2023, the UK rental market operated under extraordinary pressure. Demand vastly outstripped supply, rents climbed sharply, and tenants found themselves competing aggressively for properties that were letting within days. That period is not entirely behind us, but the picture in spring 2026 looks meaningfully different, and the shift has practical implications for both tenants and landlords navigating the market this April.

What the data is showing
Zoopla's most recent rental market report, published in March 2026, provides the clearest snapshot of where the market currently stands. Rent growth has slowed to 1.9%, down from 2.8% a year ago, as affordability pressures limit further increases. The average rent for new lets in the UK now stands at £1,319 per month. That figure represents a significant deceleration from the peak growth rates seen during the rental boom.

There are now 11% more homes for rent than a year ago, driven by stronger first-time buyer demand and some homeowners choosing to let rather than sell. At the same time, demand for rental homes is 14% lower than a year ago and at its lowest level for six years.

The result is a market that is becoming more balanced, though not a soft market. Rental supply remains 23% below pre-pandemic levels, meaning rents are still expected to rise through 2026, with forecasts suggesting increases of around 2 to 3% over the year.

What this means if you are a tenant
The improvement in conditions is real and worth understanding. Tenants can expect greater choice, slower rent increases, and a less competitive environment than in recent years. Many landlords are now taking longer to let properties, giving tenants more time to make informed decisions.

Affordability is also gradually improving, with earnings rising faster than rents over the past 18 months. The annual rent for a typical property outside London now represents 33.5% of gross annual earnings for a single person, down from more than 35% in 2023.

If you are renewing a tenancy this spring, improved supply strengthens your negotiating position. Research comparable properties before agreeing to rent increases and raise any concerns in writing.

What this means if you are a landlord
The rebalancing requires recalibration rather than concern. Time to let has lengthened across the UK, with average marketing periods ranging from 14 to 19 days. Pricing properties accurately from the outset is now more important than during peak demand periods.

Rental growth remains stronger in more affordable northern markets, with cities such as Liverpool, Newcastle, and Glasgow still recording increases of 3% to 4.6%. In contrast, rents are rising slowly or falling in some areas. Understanding local dynamics is essential before setting rent levels.

The case for retaining well-maintained properties with reliable tenants remains strong. Despite improving supply, structural demand for rental accommodation continues to support rental values.

The broader context
The rebalancing of the rental market is welcome after several years of intense pressure. Supply is improving, competition has eased, and rent growth is moderating. However, demand for quality rental homes remains strong.

For tenants, this spring offers greater flexibility and choice. For landlords, it rewards accurate pricing, proactive management, and understanding of local market conditions.

Contact our team to help you make the most of the current market



Competing in a spring market: Offer strategies when demand increases

Spring typically brings the busiest property market activity of the year. Good properties can attract multiple interested buyers, which means your approach to making offers matters more than usual.

Why preparation makes the difference
Having a mortgage agreement in principle before you start viewing is no longer optional in competitive markets. It demonstrates you are a genuine buyer rather than someone still testing affordability.

Similarly, instructing a solicitor before making offers signals readiness to proceed quickly. Sellers facing multiple offers naturally favour buyers who can move fastest with least risk of delays or complications.

These steps require minimal effort but create significant competitive advantages when sellers are choosing between similar offers.

Understanding what properties are worth
Spring markets sometimes create a sense of urgency that leads to overpaying. Before making any offer, research what comparable properties have recently sold for and what similar homes are currently listed at.

Properties priced fairly for current market conditions rarely justify substantial reductions, regardless of how much you might prefer to pay less. Unrealistic low offers simply waste time and can damage your credibility with both the agent and seller.

The timing factor
In busy markets, waiting even a day or two to submit an offer can mean missing out entirely. Sellers sometimes accept the first reasonable offer rather than waiting to see if something better materialises.

However, speed should not override sound judgement. Rushing into an offer on a property that does not genuinely meet your needs creates problems that last far longer than missing out on one viewing.

When chain-free status matters most
First-time buyers and cash purchasers hold a significant advantage during competitive periods. Sellers prefer buyers whose purchases do not depend on selling another property, as this removes a major source of transaction failure.

  • Chain-free buyers can progress faster with fewer risks of delays
  • Sellers are more likely to prioritise certainty over marginally higher offers

If you are chain-free, make this clear when submitting your offer. It can be the deciding factor when sellers are choosing between similar offers.

How to present your offer
Submitting offers through your estate agent rather than directly to the seller ensures your position is presented professionally. Estate agents can provide context about your readiness and commitment that strengthens your case.

A brief covering note accompanying your offer can also help. This might explain why the property suits you, confirm your position as a ready buyer, and highlight flexibility around completion timing if applicable.

The best and final scenario
When multiple buyers are interested, sellers sometimes request best and final offers from everyone. This is your one chance to submit your maximum affordable amount.

Holding back in the hope of further negotiation typically backfires. If you want the property, this is the moment to offer what you can genuinely afford.

Where flexibility creates value
Being accommodating around completion dates can provide real value to sellers. If they need to complete quickly or require extra time to arrange their onward move, matching their preferred timeline makes your offer more attractive.

The same applies to fixtures and fittings. Being reasonable about what stays or goes demonstrates you are focused on the property itself rather than creating difficulties over minor details.

Understanding seller circumstances
Sellers move for different reasons. Some need to sell quickly. Others have specific timing requirements around school terms or new job start dates. Where you can genuinely help solve their situation, this can matter as much as the offer price itself.

Knowing when to walk away
Competitive markets can create auction-like dynamics that lead to overpaying. Decide your maximum budget before viewing and stick to it, even when facing competition.

Properties lost to higher offers often prove fortunate escapes from financial overcommitment. Other suitable properties will become available through continued searching.

Multiple offers
Making offers on several properties simultaneously is acceptable if you are genuinely interested in all of them. However, withdraw promptly from any offer you would not want accepted to avoid wasting sellers' time.

Keeping perspective
Spring markets create urgency, but poor decisions made under pressure have long-term consequences. The goal is securing the right property at a fair price, not simply winning a competition.

Patience combined with preparation typically delivers better outcomes than rushing into offers driven by fear of missing out.

Get in touch to discuss your spring buying strategy