1. ZOOPLA, Rightmove OR WHAT?

    9 May 2013

    Looking for  a house in Cramlington?

    Obvious choice is RENOWN ESTATES website ( www.renownestates.com )  but if you must use a property portal use ZOOPLA.

    All agents are on ZOOPLA but not all are on Rightmove.

    Saves time rather than looking through both.

    Also watch out for paid rate phone numbers when you ring certain agents with the numbers advertised on certain sites.

     

     

     

    View more: Housing Banter

  2. Odd request!

    7 May 2013

    We had an enquiry today  ( via the internet ). Just thought of a joke…. Do amphibians use the internewt??? Anyway, back to the story:

    A guy called Neil is looking for a property in the countryside with one room, doesn’t have to have electric or gas  but water supply would be essential. He wants to camp at the site and use the building for storing his camping equipment when he’s not there.

    A pictureque location in Northumberland is more important than the state of the property.

    He has about £30,000 to spend.

    Any suggestions? We don’t have anything suitable.

    View more: Housing Banter

  3. Village gossip.

    25 March 2013

    It’s all happening at the Traveller’s Rest/ Wetherspoons. Squads of guys in hard hats and yellow coats all over the place. Containers full of who knows what being delivered and parked outside, vans all over, lots of action.

    Rumours about restaurant and kitchen upstairs.

    View more: Housing Banter

  4. See that house on Sunnyside ?

    20 March 2013

    We put that on the market last Thursday. We sold it on Tuesday. See that house on Astley Road we put on the market last Friday. We sold it on Tuesday too. As well as selling a bungalow and a semi on Eastfield, a few others and letting a good number at the same time.
    You want an agent that works for YOU. Look no further.

    View more: Housing Banter, Promotions & Offers

  5. Property Hot Spots

    12 March 2013

    More amazing stuff from the internet.

    One of the web sites we use to track house sales now breaks Cramlington down into categories to show which areas of the town are more popular with buyers.

    The colours range from red for great to blue for not so great.  You would think that would tell us where it will be easiest to sell a house.

    It seems like a good indicator but it doesn’t tell the whole story.

    People get used to areas and have their family, friends and support network nearby. The world of work would grind to a halt if  baby sitters, child minders and grandparents weren’t there nearby  to help.

    Most people move within a very small area so when you come to sell your house the chances are that your buyer won’t live too far away….regardless of hotspots or not.

     

     

    View more: Housing Banter

  6. Got myself an iPad

    9 March 2013

    So get ready for a barrage of stuff.
    But not right now, it’s Saturday night and I’m watching Celebrity Juice.

    View more: Housing Banter, Promotions & Offers

  7. Interesting fact.

    4 March 2013

    Looking at the internet over the weekend at data on one of the property web sites, I found some encouraging information.

    It appears that we sell houses more quickly than other agents in Cramlington, that is to say that ours are on the market for the shortest time before having sales agreed.

    I also discovered that we have the highest average priced properties for sale.

    This isn’t the same as Overpriced which is maybe why our properties do sell more quickly.

    View more: Housing Banter

  8. Buy-to-let landlords’ buying spree will keep more families in rental trap

    5 February 2013

    Buy-to-let landlords will embark on a home buying spree in 2013 while young adults and families remain trapped in rental properties, according to a forecast by Britain’s biggest property website.

    Three out of four professional landlords will buy more homes in 2013, while the number of “virgin landlords” looking to buy for the first time is running at the highest level for a year, the research from Rightmove found. Meanwhile, 53% of tenants say they are trapped in renting, wanting to buy a home but unable to afford to do so.

    The research is published as a committee of MPs begins a formal investigation into the problems facing Britain’s “Generation Rent”. The Commons communities and local government committee will examine the potential need for rent controls, regulation of landlords and letting agents, and a revision to tenancy contracts.

    Urgent action is needed to tackle rogue landlords and rip-off letting agent fees, according to the Local Government Association (LGA), which represents 370 councils across England and Wales. It found that tenants are being asked to pay as much as £500 in non-refundable administration fees to letting agents on top of the rent and deposit.

    Tony Newman of the LGA will give evidence to the committee on Monday. Before his appearance, he said: “With the housing market stagnant and a shortage of mortgages available to help first-time buyers, people are increasingly turning to the private rented sector to find a home.

    “For many people looking to rent, the up-front costs of a deposit and agency fees can be huge. We’ve heard stories of some letting agents charging hundreds of pounds just to carry out basic credit and reference checks.”

    Bank lending to landlords fell sharply during the financial crisis but has surged in recent months, boosted by the funding for lending scheme designed to help small businesses and first time buyers. Interest rates on buy-to-let loans have tumbled – Skipton, Coventry and Birmingham Midshires all cut rates for landlords last month – and lending volumes are rising. In the last quarter of 2012, loans to landlords were up 8% to £4.2bn, with new entrants such as Interbay Commercial jostling to offer mortgages of up to £1m spread over 30 years.

    Rising rents (yields average 5.7%) and low-cost mortgages (now below 4%) will spur small landlords to buy more properties in 2013, said Rightmove, even if the long-anticipated investment from institutions such as pension funds has failed to materialise.

    Rightmove director Miles Shipside said: “While the cavalry charge from major institutions seeking to invest in the private rented sector has so far failed to materialise, private landlords, whether accidental, virgin or professional, are seizing the opportunities that come with having the battlefield to themselves.”

    But campaigners at Priced Out , a group representing tenants unable to afford to buy, said without new building, landlords are simply displacing first-time buyers.

    View more: Housing Banter, Housing Market News, Tweets

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