Welcome to your monthly property update!

Welcome to your monthly property update!




BINGO LINGO - London - Walthamstow - Step Into Christmas!Fri Dec 15 2023 at 07:00 pm to 11:00 pm

Our Christmas specials tour sells out every year! Get your groups sorted early to enjoy our usual bingo chaos with a smattering of festive fun!

Click here to read BINGO LINGO - London - Walthamstow - Step Into Christmas!Fri Dec 15 2023 at 07:00 pm to 11:00 pm.



BINGO LINGO - London Feb 23 2024

Our sold out UK tour has arrived at Walthamstow to bring you the bingo chaos you've been yearning for!

Click here to read BINGO LINGO - London Feb 23 2024.



Ultimate 80s Party Band
Sat 29th June 2024

This event is free to attend. Happy days.

If we know of a trusted online shop with tickets available, we will always provide a link to buy from them...


Click here to read Ultimate 80s Party Band
Sat 29th June 2024
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Case study: Hampshire Trust Bank delivers funding for environmentally-friendly rural development

Case study: Hampshire Trust Bank delivers funding for environmentally-friendly rural development | Property Reporter
 
 
 
 
 
 

Case study: Hampshire Trust Bank delivers funding for environmentally-friendly rural development

The project involved the demolition of existing farm buildings at Andersey Farm in Wantage, Oxfordshire, to be replaced with five residential eco-buildings

Related topics:  Finance,  Development,  Case Study
Property | Reporter
16th May 2024
Scott Apps HTB 358
 
 
"HTB is committed to improving the efficiency status of housing stock across the UK, so while this was an unusual case it was one we were keen to work on"
- Scott Apps - Hampshire Trust Bank

Hampshire Trust Bank has completed a £3.195m development finance facility to fund the construction of five properties with exemplary environmental ratings on farmland in Oxfordshire.

The developer was determined from the outset to deliver properties with high energy efficiency ratings, a feature which is rare to find in rural areas. This goal has been achieved, with the project progressing on time and on budget.

The team effort between the developer, the group of professionals they assembled around the project and HTB’s Head of Origination Rob Syrett meant that they could confidently pursue their ambitious environmental targets.

Adam Stiles, mortgage broker at Helix Financial Partners who introduced the deal, commented: “This was a highly unusual case because of the environmental focus from the developer. It’s really unusual to secure such high energy efficiency ratings on rural properties, but the developer was clear about what they wanted to achieve.

“HTB excels in delivering a personal service on development cases, getting to know the borrower and understand their plans, which is why they were the perfect funding partner on this project.”

Scott Apps, (pictured) Head of Distribution for development finance at HTB, added: “HTB is committed to improving the efficiency status of housing stock across the UK, so while this was an unusual case it was one we were keen to work on.

“We are proud to have built a broad team of regional Lending Directors, who are able to bring their own local knowledge and expertise to determining the viability of potential projects. That experience is also crucial when it comes to working with inexperienced developers, as was the case here - even if a developer doesn’t have an extensive portfolio, if they have a quality team around them then we will look for ways to support them."

 
 
 
 
 
 
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Scottish landlords: What does an EPC rating mean to you?

 

As a landlord, it is important to be aware of the legislations regarding EPCs as its significance continues to grow with time. Currently in Scotland, to let out a property, you are required to meet a minimum EPC rating of D. The Energy Performance of Buildings Scotland regulations were set in 2008, and if not met, you could receive a minimum fine of £500.*

What is an EPC rating?

EPC stands for Energy Performance Certificate, which rates the efficiency of energy within the property. This is ranked on a scale from A (most efficient) to G (least efficient), and the certificate stays valid for a period of ten years. The EPC certificate will also provide you with ways to improve your home's efficiency to boost your rating for your next assessment. 

Why do we have EPC ratings?

The EPC rating has been put in place to reduce carbon emissions from homes, creating a positive impact on the environment in the future. As a landlord, your EPC rating certificate should be available for current and prospective tenants to view at any time, and you are required to advertise your letting property with a clear EPC rating.

How is my EPC rating calculated?

Numerous property-related factors are taken into consideration when grading your property’s EPC rating. An energy assessor will conduct an assessment and study the contributing factors in your home, which are your overall energy costs, your property’s internal layout, the boiler, insulation, windows, your central heating system, and any hot water tanks.

Why is it important to have a high EPC rating?

This can be used as a unique selling point and help attract more tenants to your properties, as people become more aware of their environmental impact. This can also lead to an overall reduction in property maintenance, which would result in fewer costs.

How can I improve my EPC rating?

When you have your EPC assessment, you will be granted a certificate, which will advise you on ways in which you can improve your rating. The most common methods for improving your EPC rating are; installing insulation within the home and surrounding pipes, light bulb replacement with energy-saving bulbs, upgrading your boiler and heating system, installing solar panels, a smart meter, and double or triple-glazed windows. 

What does the future look like for EPC ratings in Scotland?

Before March 31, 2025, landlords in Scotland will be required to have an EPC rating of a D or above to be able to continue to let properties. If this requirement is not met, it could result in a fine. In 2025, the Scottish government plans to potentially introduce a deadline for your EPC ratings to be calculated above a C, which most likely won’t need to be met until 2028.**

It is clear the required EPC ratings will continue to rise. So, as a landlord, it is important to stay ahead of the game and keep that rating high to continue to have success in the Scottish rental market.

 

Contact us for more information on letting your property

 

Gov.scot*
Yateshellier**

 

 



Snow Patrol | Sat, 15 Feb 2025

Snow Patrol have announced their eagerly awaited return to the UK, with a headline show at The O2 on Saturday 15 February 2025. In addition to the announcement of their upcoming tour, Snow Patrol have also unveiled their new album, titled...


Click here to read Snow Patrol | Sat, 15 Feb 2025.



Good news for tenants in 2025

The year 2025 is shaping up to be a positive one for tenants, with a series of policy changes, technological advancements, and market trends offering improved living conditions, enhanced affordability, and stronger tenant protections. For years, renters have faced challenges such as rising rents, lack of transparency, and limited legal protections. However, 2025 brings a wave of reforms aimed at addressing these longstanding issues.

Stabilised rental prices

One of the most significant developments is the stabilisation of rental prices in many urban centres. Governments across various regions have implemented stricter rent control policies and increased incentives for developers to build more affordable housing units. These measures have begun to ease the financial burden on tenants, offering more predictable and manageable monthly costs.

Enhanced tenant rights and protections

With the Renters' Rights Bill passing through Parliament, tenants are set to benefit from stronger legal protections. The bill introduces measures to prevent unfair evictions, regulate excessive rent hikes, and provide extended notice periods for tenants facing eviction. Additionally, renters will have improved access to legal aid and mechanisms to address landlord misconduct, ensuring fairer treatment across the rental sector.

Rise of sustainable and affordable housing

A major focus in 2025 has been on sustainable housing developments. Governments and private developers are working together to create energy-efficient rental properties, reducing utility bills for tenants and contributing to environmental sustainability. Many new rental buildings now come with smart home features designed to minimise energy waste.

Digital solutions for better transparency

Technological advancements are also benefiting tenants. Digital platforms now offer greater transparency in rental agreements, automated rent payment systems, and streamlined dispute resolution processes. Prospective renters can easily verify landlord credentials and property details through secure online platforms.

Increasing supply of homes  

In response to rising demand, governments have incentivised property developers to increase the supply of rental properties. Additionally, underutilised commercial spaces are being repurposed into residential units, further expanding housing options.

Focus on community living and amenities

Modern rental developments are placing greater emphasis on community-orientated living spaces. Amenities such as shared workspaces, fitness centres, green spaces, and recreational areas are becoming standard offerings in rental properties, enhancing tenants' overall living experience.

Support for vulnerable renters

Special programmes have been rolled out to support vulnerable groups, including low-income families, senior citizens, and individuals with disabilities. Subsidies, rental assistance programmes, and social housing initiatives are playing a critical role in preventing homelessness and housing insecurity.

Looking ahead

While challenges still exist, 2025 marks a turning point in the rental market. With a combination of policy reforms, innovative technologies, and a commitment to sustainable living, tenants can look forward to greater stability, affordability, and overall quality of life. As these changes continue to take effect, the outlook for renters appears brighter than ever before.

 

Get in touch to discuss a better way of renting



Why 2025 could be your year?

As we step into 2025, the UK property market is showing strong signs of promise, making it an ideal time for prospective buyers, sellers, and investors to make their move. With more competitive mortgage rates, improving market conditions, and a wide selection of fabulous homes in fantastic locations, the year ahead looks set to offer solid value for money and exceptional service from property professionals. Here's why 2025 could be your year in the property market.

More competitive mortgage rates

Over the past few years, mortgage rates have been a significant concern for buyers, with economic fluctuations creating uncertainty. However, as we enter 2025, mortgage lenders are offering more competitive rates, making property purchases more affordable for first-time buyers and seasoned investors alike. With interest rates stabilising and lenders eager to attract new customers, securing a mortgage has become a more appealing prospect.

Improving market conditions

The property market is showing clear signs of recovery and resilience. After a period of volatility, stability is returning, and confidence is growing among buyers and sellers. Experts predict steady growth in property values, and many regions across the UK are experiencing renewed interest from domestic and international investors. This improved market sentiment is creating a healthier environment for transactions.

Fabulous homes in fantastic locations

From city-centre apartments to countryside retreats, the UK offers a diverse range of properties to suit every lifestyle. In 2025, developers and estate agents are focusing on delivering high-quality homes in prime locations. Whether you're searching for a family home in a top school district, a modern city apartment, or a picturesque rural escape, the choice has never been better.

Solid pricing and value for money

One of the standout factors for 2025 is the balance between property prices and the value on offer. While some areas are experiencing moderate price rises, many properties remain competitively priced, offering strong investment potential and long-term value. Buyers can expect their money to go further, with opportunities to secure properties in up-and-coming areas poised for future growth.

Excellent service from property professionals

Navigating the property market can be challenging, but in 2025, buyers and sellers will benefit from outstanding service from experienced property professionals. Estate agents, mortgage brokers, and conveyancers are more focused than ever on delivering transparent, client-focused services. With cutting-edge technology and personalised support, property professionals are making the buying and selling process smoother and more efficient.

Conclusion

Make 2025 your year with competitive mortgage rates, improving market conditions, stunning homes, value for money, and exceptional professional support, 2025 presents a unique window of opportunity for anyone looking to step into the UK property market. 

 

Don’t let the opportunities of 2025 pass you by, your dream property might be just around the corner. Book a valuation



The Boxing Day Boom breaks new records

This year’s Boxing Day property market has seen an unprecedented surge, setting new records and signalling a buoyant start to the year ahead. According to Rightmove, data reveals a remarkable 26% increase in the number of new properties listed for sale compared to Boxing Day 2023.* The figures paint a clear picture of a market energised by motivated sellers and eager buyers.

Strong growth in property listings

The 26%* surge in listings highlights the growing confidence among homeowners to enter the market at this crucial time. Traditionally a quieter period, Boxing Day has become a pivotal date for sellers aiming to attract early-year buyers. This trend shows no signs of slowing, with property portals experiencing a significant uptick in online traffic.

Second steppers lead the way

Nearly half (46%)* of the new homes listed were three- and four-bedroom properties, typically favoured by ‘second steppers’ looking to upgrade. These family-oriented homes have become the cornerstone of the Boxing Day surge, offering space and flexibility for growing households. The strong demand suggests a thriving mid-market segment.

Smaller homes still in demand

First-time buyers also made their mark, with smaller homes accounting for 35%* of new listings. These properties remain highly sought-after, especially among young professionals and couples eager to secure their first step on the property ladder. Despite rising mortgage rates, affordability continues to drive interest in this category.

Luxury market sees steady movement

At the top end of the market, 18%* of listings were larger, high-end homes. While this segment remains smaller, it continues to attract discerning buyers looking for premium properties. The stability in this sector indicates enduring confidence among high-value sellers and buyers.

UK housing market boosted by stamp duty changes

The UK housing market has started 2025 with strong momentum, with house prices rising by 4.7%** year-on-year in December, signalling renewed market confidence among buyers and sellers. This positive trend comes as Stamp Duty changes, set for April 2025, add urgency to the market. From 1st April, a 2% increase will apply to the portion of a property priced between £125,001 and £250,000, while the 0% threshold for first-time buyers will drop from £425,000 to £300,000.***

Get expert guidance to make the most of your property

Navigating a fast-moving property market can be challenging, but experienced estate agents are equipped to guide buyers and sellers through every step of the process. From accurate property valuations and strategic marketing plans to negotiating the best possible deals, agents provide invaluable expertise.
 
If you’re considering buying or selling a property this year, don’t miss out on the momentum of the Boxing Day boom. Contact our team today

Rightmove*

Nationwide**

GOV.UK***



Positive ripple effects: Why now is a good time for first time buyers?

For many, buying a first home is one of the most exciting and significant milestones in life. However, timing can play a crucial role in how smooth and affordable that process turns out to be. With 2025 set to bring key changes to the UK property market, including updates to Stamp Duty thresholds, now could be the perfect moment for first-time buyers to take action. Here’s why getting started sooner rather than later could make all the difference.

Stamp Duty changes will raise costs

From 1st April 2025, Stamp Duty thresholds for first-time buyers are set to change. Currently, first-time buyers pay no Stamp Duty on properties up to £425,000.* However, this threshold will drop to £300,000 next year.* This means those purchasing homes priced between £300,000 and £425,000 will face higher upfront costs if they miss the deadline.* Acting now gives buyers the opportunity to avoid these extra expenses and make substantial savings.

Increased market activity is driving competition

With the upcoming Stamp Duty changes, many buyers are rushing to complete their property purchases before April 2025. This increased demand means properties are being snapped up quickly, and competition in popular areas is heating up. For first-time buyers, this means acting promptly could secure a better selection of properties at more competitive prices. Waiting too long might not only mean higher taxes but also fewer options in your desired location.

Mortgage rates are showing signs of stability

After a period of fluctuating mortgage rates, the market is showing signs of stabilisation. Lenders are offering more predictable and, in some cases, lower rates, giving buyers a clearer picture of their long-term financial commitments. This is also stimulating the market in all rungs of the property ladder.

Building equity sooner rather than later

Getting on the property ladder isn’t just about securing a home – it’s also about building financial stability. Property generally appreciates in value over time, and the sooner you buy, the sooner you can start building equity. Waiting could mean missing out on potential property value growth, leaving first-time buyers playing catch-up in an increasingly competitive market.

Don’t wait for the market to change

While market predictions suggest steady growth, there’s no guarantee that conditions will remain as favourable as they are now. With rising demand, changing taxes, and mortgage rate shifts, waiting could mean higher costs and increased competition. For first-time buyers, 2024 offers a valuable window of opportunity to make their move before the April 2025 Stamp Duty changes come into effect. Acting now isn’t just about avoiding higher costs – it’s about making the most of the current market conditions to secure the best possible deal.

The Mortgage Guarantee Scheme: Supporting first-time buyers

Introduced in April 2021, the Mortgage Guarantee Scheme was designed to increase the availability of 5% deposit mortgages by offering lenders a government-backed guarantee.  Originally set to end in December 2022, the scheme was extended twice, with the latest announcement in the 2023 Autumn Statement confirming it will now run until June 2025. This extension ensures continued support for first-time buyers, making low-deposit mortgages more accessible and helping more people step onto the property ladder.

Boosting confidence across the housing market

While the Mortgage Guarantee Scheme primarily supports first-time buyers, its benefits ripple across the entire housing market. By enabling more people to buy homes with smaller deposits, the scheme stimulates activity in all price brackets, from starter homes to higher-value properties. This increased movement benefits sellers creating a healthier, more dynamic market. With the scheme extended until June 2025, buyers and sellers alike can approach their next move with greater confidence.

 

Start your home-buying journey today and take advantage of the current market conditions by booking a valuation

GOV.UK*