Tag Archives: Location

The Average Time it Takes to Sell a House REVEALED

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average time it takes to sell a house

Once your house goes on the market, you will be itching to make a sale so that you can proceed with buying your new home. Many sellers, especially first-time sellers, will want to know what the average time it takes to sell a house is. Although it varies wildly across the country, and also depending on your type of property, the average time it takes to sell a house in the UK is normally around 2 to 3 months, according to information released by Gov.uk. What is the average time it takes to sell a house in the UK? Image […]

Our rented house, in the middle of our street

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Due to an unbalanced economy, ineffectual saving schemes and unrealistic deposits required in order to secure a manageable mortgage; young adults are forcibly being pushed down the renting route when looking to move into their own property. In an earlier article, we discussed how the number of young adults opting to live with their parents has skyrocketed over the last couple of decades – an increase of 618,000 in under 20 years (ONS). It would also appear that those who do not have this option, owing to shrinking house sizes and the need for additional space for families with young […]

Relocation for a Better Education

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Every year parents across the country have to make the important decision of where to educate their children. Obtaining a place at a top performing school is a high priority for parents, but if they are not living within the catchment area of their desired school many will consider relocation for a better education. As private education fees increase it can be more cost effective to buy a property in an area with a high performing state school rather than spend thousands of pounds on private fees. A recent report by Killik & Co found that the cost of putting […]

What’s in a name? £100000, apparently…

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Got an address ending in ‘lane’? Lucky you – your property is probably worth over £100,000 more than those living on a regular ‘street’. According to new research conducted by Hometrack (property market specialists) the first line of your address is pretty damn fundamental to your house price. Who knew? A study by Barclays Mortgages revealed that living on a humble ‘street’ means your property comes right at the bottom of the value list, with an average house price of £142,347; this is 29% under the national average and 42% under properties situated on ‘lanes’. 22% higher than the national […]

Location, Location, Location: London Vs the Rest of the UK

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Ever sat on the London Underground dreaming of rolling hills, baby lambs and country roads where the kids can ride their bikes? You’re probably not alone, but taking the plunge and upping sticks to the countryside may be an irrevocable decision! And with London house prices increasing rapidly, moving out of the capital means you probably won’t ever make it back. So, questioning whether to live in London vs the rest of the UK can be a tough decision to make. The price gap in London vs the rest of the UK The property price gap between London and the […]

Life in your new property: Keep the magic alive!

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You can easily return items to the shop within 28 days of purchasing, but unfortunately you cannot do that with a property. Once you have bought a house of your own, you can’t simply return it – it’s yours to keep. As a result, it is important to ensure you conduct thorough research to ensure you find the right property for you before rushing into a quick house sale. It is a known fact that first-time buyers often want to get on the property ladder as quickly as possible, but at a good price. This may mean that they may […]

Location is everything when buying!

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Location is everything when buying a new house. Recent research conducted by Clydesdale and Yorkshire Banks reaffirms the famous phrase: “location, location, location”. The housing market has been an up and down rollercoaster for the past few years and hit by an economic downturn, buyers are still considering location over affordability when it comes to packing up and moving elsewhere. According to the annual Homebuyers Research, the importance of living in the right area stands true with 59% of homeowners in the UK. At 64%, Scots seem to consider location as one of the most important factors for buying a […]