News

Rush to avoid stamp duty

01/03/12

On paper, it’s been a promising start to the New Year.  House prices are stable (even going up by a small percentage in some areas) and British Bankers’ Association figures show that the number of mortgages approved in January of this year was 34% higher than in January 2011.  However, these figures are likely to have been distorted by the last minute rush by first-time buyers keen…

Read More


Repossesions hit new low

23/02/12

Recent figures published by the Council of Mortgage Lenders (CML) suggest that the number of UK home repossessions in 2011 was the lowest since 2007, thanks largely to low interest rates and good arrears management by the banks.   Nevertheless, they warn that the high cost of living coupled with a rise in unemployment is likely to see more homeowners facing serious problems this year. According to the…

Read More


Why do mortgage holders save?

10/02/12

Online bank, First Direct, has just released research indicating that homeowners are more likely to save spare cash rather than using it to pay down their mortgage more quickly. According to the bank, a survey of 1022 UK mortgage holders revealed that 42% are regularly saving with only half that number regularly overpaying on their mortgage.  This is despite the fact that the economic downturn has badly…

Read More


Video helps search engine traffic

06/02/12

Recent research has indicated that properties marketed online with agents who offer the addition of video, receive at least 38% more viewings than those without the new technology. Online search activity continues to increase (in January, Rightmove announced an all-time record of over 34 million pages of traffic in one day) and virtual tours, including photographs and video, help give prospective buyers a real feel for the…

Read More


HSBC impose solicitors on vendors

04/02/12

Up until recently it was a homebuyer’s prerogative to choose which firm of solicitors should represent them in completing the legal formalities relating to their new purchase. However, following warnings over mortgage fraud by the National Fraud Authority, and direction from the Financial Services Authority that lenders need to be more familiar with the firms they work with, lenders have begun to limit the panel of solicitors…

Read More


Buying cheaper than renting?

01/02/12

In an unusual turn around of events, mortgage lender Halifax claims that buying a house is now much cheaper than renting. It calculates that the monthly cost of buying the average three-bedroom home in the UK is now £600; that’s 16% cheaper than the £716 it would cost to rent the same type of property. The anomaly has arisen as a result of would-be first-time buyers’ continued…

Read More


East of Exe selected for pilot

24/01/12

DEVON ESTATE AGENT BACKS PIONEERING HOME SALES SERVICE AssuredSale.com offers a unique service providing commitment at the point of verbal offer for both sellers and buyers during the sale process A Devon estate agent has become the first in the region to pilot the innovative new scheme that could dramatically reduce the fall-through rates of house sales, a long-standing problem in the UK housing market. Leading Exeter…

Read More


Stamp duty latest

09/01/12

It’s more bad news for first-time buyers. According to a recent report by the Halifax, one third more first-time buyers will have to pay Stamp Duty this year than last. Despite the fact that housing affordability has, on paper, improved (with the average price paid for a first home having dropped to £135,160 nationally), the temporary increase in the starting threshold for Stamp Duty, from £125,000 to…

Read More


Welfare not covering rents

05/01/12

In a report commissioned for The Guardian newspaper, the Chartered Institute of Housing has estimated that caps to welfare payments that come into force this week will make 810,000 homes unaffordable for tenants on housing benefit and in private rental accommodation.  The caps will see the maximum LHA payable fall to between £250 and £400 per week, depending on the number of bedrooms. The knock-on effect of…

Read More


Solar PV – the latest news

28/12/11

Confusion still reigns with regard to the Feed in Tariff for solar PV with the government appealing against last month’s court ruling that the decision to effectively impose cuts to feed-in tariffs before the end of the consultation period – ie, April 2012 – was ‘retrospective’ and ‘unlawful’. As it stands, domestic customers will receive a reduced tariff of 21p per unit (kilowatt hour) for solar PV…

Read More


Free Instant Valuation

Are you thinking of selling, or just looking to know how much your property is worth? Try our new online valuation tool, it only takes seconds.

Click here

SPECIAL WINTER OFFER FOR LANDLORDS

Free annual gas safety check and service on all new managed properties.

Click for more details

Find out more about our region

By limiting our market to properties in Exeter & the surrounding towns and villages, we don't stretch ourselves too thinly and can offer our customers genuine insider knowledge of the local property scene.

Download guide

What Our Clients Say About Us

Click below to see some recent testimonials.

Click here

Guide to moving home

If you've not moved before or just want to check on some recommended suppliers to help your move go smoothly then have a look at our online magazine.

Click here