If you are thinking about the ideal gift to give a loved one or someone you care about, it is best to think about them, and what they need. In the current climate, there is a lot to be said about providing Christmas gifts that are also functional as well as being well-meaning. Continue reading “Christmas Gifts To Help Sell A Home”
We hope that you are looking forward to a happy and relaxing festive period this year, but we know that many people are already looking forward to 2019. A New Year often inspires many people to make changes in their life or make a fresh start, and it is easy to see selling your home is a big ambition for some people. Continue reading “Selling your Home In New Year? Start Preparing In December”
Up to the minute property news relating to Petersfield and surrounding areas, for December 2018. Continue reading “Petersfield and Surrounds Property News: December 2018”
You would forgive some landlords for not feeling optimistic about the condition of the rental and lettings market. In recent times, the Government has imposed many new regulations and challenges on landlords, and there has been anecdotal evidence of many lettings professionals deciding it is time to leave the market. Thankfully, a recent study suggests otherwise, and it looks as though there are many landlords feeling optimistic for 2019. Continue reading “Landlords Feeling Optimistic For 2019”
With the clocks being changed and the weather taking a turn for the worse, we are moving towards the end of the year. There is still a lot of time to make the most of 2018 but it may be that your focus has switched to one that will help you sell in 2019 and doing your very best in that year. Continue reading “Keen To Sell in 2019? Find Your Ideal Agent”
If you have an interest in the property market or you intend on making a move soon, it is likely that you paid attention to the Autumn Budget 2018. Mind you, with so many important aspects being covered, you may have missed the aspects relating to the housing market. Continue reading “Budget 2018: Impact On UK Property Market”
Up to the minute property news relating to Petersfield and surrounding areas, for November 2018. Continue reading “Petersfield and Surrounds Property News: November 2018”
There are many opinions on what can be done to improve the UK property market and a growing amount of attention is falling on the significance of the elderly in the market. The UK has an ageing population, and as well as the economy and the healthcare sector, the fact that people are living for longer creates pressures in the property market.
It transpires that many people over the age of 65 would be keen to downsize from their current property to a smaller property but are struggling to find suitable or affordable property. One suggestion that has been floated is that stamp duty could be removed for elderly people downsizing into a smaller property.
In recent years, stamp duty has been amended to impact on landlords and investors buying additional property and for first-time buyers looking to step on to the property ladder. It is therefore not out of the question to consider that stamp duty changes may be applied to elderly people.
There needs to be movement in the market
If elderly people can downsize their property, paying a more affordable fee to buy a suitable property, there could be a greater amount of property on the market for people looking for a bigger home. In turn, if people can move up in the property market, the home that they leave behind can be used to welcome first-time buyers or downsizers. This would stimulate movement and spending in the property market, hopefully benefitting the market and allowing more people to buy the property that best suits their needs.
A recent study by an equity release adviser suggests that 63% of estate agents believe that the removal of stamp duty for property buyers making their final purchase would be a sensible move. The same study found that 32% of property owners classed as elderly state that stamp duty is a barrier to their movement.
Other solutions must be introduced to aid market movement
However, it is important to be aware that while close to one-third of relevant respondents suggested that the current stamp duty charge for elderly movers is a barrier, it isn’t the only barrier to movement. It may be that the removal of stamp duty for elderly homeowners moving creates some movement in the market but not as much as would be hoped for.
Given the number of challenges in the property market, it would be wrong to assume that one new feature or solution would solve every problem in the market. However, there is a need for a range of solutions to be introduced to the market and there is no denying that adjusting stamp duty could lead to a more positive outcome in the market if other solutions are unveiled alongside this decision.
No matter what your position in the property market is, if you are looking for support and guidance with your next move, contact Williams of Petersfield. We are pleased to say we have helped many local clients move home and we look forward to assisting you.
While there are many people who hold a strong interest in becoming a landlord, viewing it as a viable way to generate income, there are many people who stumble into the role. Continue reading “Are You An Accidental Landlord? Do You Need Help With Your Property?”
Selling your home is far from easy, even when you have help from specialists, but there are ways in which you can make the process an awful lot easier. At Williams of Petersfield, we are delighted to say that we have helped many Petersfield vendors sell their property, and a large part of this success is down to the fact that we know what buyers want to see when they are looking for a home.
Each buyer is unique, and it is likely that they will have their own personal tastes and requirements but in general, there are some things that most buyers want to see. If you were to sit down and think about the things that you want to see when looking for a home, you’ll find most of these items crop up, and there is a common-sense approach to be made when presenting a home to prospective buyers.
Warmth and comfort are hugely important for buyers, so there is no surprise at the fact that central heating and double glazing are priorities for prospective buyers. If your property doesn’t have these in place, it is worth making an investment, but if you do have these elements at home, there are still ways in which you can improve the warmth and comfort of your home.
Improving the insulation at your home is always great news for buyers
Cavity wall insulation is a sensible solution for homeowners looking to retain heat, lower their energy bills and make their home a more environmentally friendly place. If you have this in place or would like an option, upgrading to a smart energy device makes sense. These devices allow you to remain in control of your heating and you see what you are spending.
You’ll find that these devices lead to a reduction in energy usage, saving money and aiding the environment, which a prospective buyer is always going to hold an interest in.
Another priority for buyers is security. With doors and windows being the most common point of entry in a break-in, you want to ensure that these points are robust and dependable. It may not cost a lot of money to improve the security of these features, but you’ll find that it is a worthwhile investment, offering peace of mind to a prospective buyer.
Tell prospective buyers about why you love Petersfield property
There will, of course, be features that buyers want to see which are outside of your control. Having local shops and amenities is an important feature for prospective buyers but as you can’t do much to impact on this, there is no point worrying about it. However, if you have found local stores that you appreciate, take the time to tell any prospective buyer about them.
Energy efficiency is another important aspect, and if you can upgrade aspects of your home to a more energy efficient counterpart, you will hopefully find greater interest in your property.
If you can draw attention to aspects of local life which may not be written about in local area guides, but which make your life easier, you provide prospective buyers with something else to think about.
If you are selling your home in Petersfield and you want to make sure that you please buyers, come and speak with Williams of Petersfield. We are pleased to say we have helped many homeowners sell their property, and we are here to assist you with this aim.
Up to the minute property news relating to Petersfield and surrounding areas, for October 2018. Continue reading “Petersfield and Surrounds Property News: October 2018”