News: September 2017

SALES NEWS :- Exeter identified as Rightmove ‘property hotspot’

20/09/17

House prices have risen 2.0 per cent in the south west region over the past year according to Rightmove, the largest property portal – and one where East of Exe advertises all of its homes for sale and rent. The portal’s latest index says: The average cost of a home in the region is £306,420; A year ago the average price was £300,500; Always check with local estate…

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LETTING NEWS:- South west rents are now strongest in the UK

20/09/17

Rents in south west England have risen more over the past year than in any other part of the UK according to the respected lettings market monitor, HomeLet. It says: Rents in the south west rose 3.9 per cent between September 2016 and today; The all-UK average is 2.6 per cent, higher than it has been for three years; Across the whole country the average monthly rent…

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SALES NEWS :- Buyers now have a vast choice of mortgages

12/09/17

This month there are more mortgage products available for buyers than at any time for well over 10 years according to Moneyfacts, an independent firm which monitors the mortgage market. It says: on September 1 there were over 4,500 mortgage products available; mortgage choice has increased in each of the past 16 months; back in 2009 there were only 1,209 mortgage products for buyers.But one part of…

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Sales News :- Autumn market starts with stable house prices and rents

12/09/17

New indices looking at the housing market show stable prices and rents as the autumn sales season gets underway – and they reveal a chance for shrewd sellers to take advantage of a shortage of homes up for sale. The latest snapshots show: UK house price inflation is 2.6% per year says the Halifax, Rents are unchanged from a year ago according to lettings group ARL, Estate…

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