https://www.thelandsite.co.uk/professional-services/167-willmotts-chartered-surveyors/insightsBlack's Rd, Hammersmith, London W6 9EU, UK[email protected]https://www.thelandsite.co.uk/files/members/d1a1c9faa97111e98beb0afeec538f48/388-5d30987d7f88e863903826.jpeg
Willmotts Chartered Surveyors
Willmotts is a firm of RICS regulated chartered surveyors, est. 1856. Providing an award winning, Complete Property Service from Hammersmith in West London and beyond.
Over 1.3 million new dwellings have been added to the housing stock across England and Wales over the past 5 years, according to data released this week by the MHCLG and Stats Wales.
Newly listed properties are flying off the shelves. The majority (78%) of agents in the latest Dataloft subscriber poll said that homes, once listed, are selling in less than 28 days.
The PwC consumer confidence index is at its highest level since the index started in 2008. The first quarter of 2021 marks the first time the index has been in positive territory since pre-pandemic.
As we enter spring, the average UK house price is £232,134, up 6% on March 2020. Transactions are 49% higher than last year, reflecting a surge in sales agreed in summer and the rush to beat the SDLT holiday.
Are you in the process of buying a property and are wondering about getting a survey? Don’t make the mistake that far too many homebuyers still make, thinking it’s an unnecessary expense.
Mortgage approvals have all but recovered following the forced closure of the housing market in spring 2020. Mortgage approvals were only down -0.9% (January to November 2020) compared to the same period in 2019.
Letting a property and becoming a landlord can be an attractive and exciting venture, but there is more to renting out a property than you may realise.
Across England and Wales, almost half (43%) of all private rental sector properties (both houses and flats) fall within Dataloft's definition of suburban areas, 41% urban and 16% rural.
For every residential property resale, an average of £9,559 is added to the UK economy. That is an estimated £6bn added to the UK economy so far this year.
Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk?
First-time buyer property prices have risen from £142,473 in 2010 to £241,025 today. Despite this, the average age of a first-time buyer has remained at 31 for the last 15 years.
As more residents of the UK have learnt to appreciate the importance of space and the outdoors following months of lockdown, many city-workers are seeking commuter towns outside of London, with easy access into the city and the benefit of more space.
With just over 32 weeks of the stamp duty holiday left, and with the average property taking 18 weeks to sell, vendors have 14 weeks to list their properties if they want to make the most of the stamp duty holiday.
The lockdown rules have left us, quite literally, staring at walls as we adjust to spending more time than ever in our homes, leading to DIY explosion around the U.K.
Since 27 March, all new and existing possession proceedings against residential tenants have been stayed. Initially the stay was brought in for a period of 90 days, however, the Government announcement in June that the stay would be extended until 23 August 2020.
The gradual lifting of lockdown has meant that a portion of the UK population are returning to their offices with many of us keen to avoid public transport as much as we can.
Covid-19 may cause a reduction in the number of overseas students at UK universities in the academic year 2020/21. A drop may cause landlords to compete for a smaller rental pool in some regions.
Mortgage products are returning following a collapse in availability during lockdown. 77% of mortgage brokers expect lending to return to pre-pandemic levels within nine months.
In 2019 only 5% of the UK workforce worked mainly from home and less than 30% of total workforce had even tried it. This is going to have changed dramatically since the Covid-19 lockdown.
The housing market may be quieter but there has been a huge increase in spending in the DIY/home improvement market, according to GfK, as many of us take this time to do projects in our homes.
Willmotts is a firm of RICS regulated chartered surveyors, est. 1856. Providing an award winning, Complete Property Service from Hammersmith in West London and beyond.
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