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Showing Category: Homes
Landlords, are you ready for the changes that this year will bring in Bristol?
Although it may only feel like yesterday since you were packing away the last signs of Christmas, the months of the New Year are starting to run away. And whilst you may have already set plans in motion for your rental properties at NEXA Bristol we want to ensure you have everything in place for […]
What is going to happen to Stamp Duty on 11th March?
If you are buying a home in England costing more than £125,000, you will have to pay Stamp Duty Land Tax on the purchase of your new home. In the provinces, it’s called something slightly different, so if you are buying a property in Scotland over £145,000 you will pay Land and Buildings Transaction Tax […]
Bristol Homeowners £3,862,014,900 Windfall Since 2014
In the latest, and most recently published, set of UK mortgage data (for the month of November 2019) 18,470 pound-for-pound re-mortgages were made (i.e. the borrower went from one rate to another with no additional borrowing). However, since the 1970’s, the British have seen their homes as cash cows and cash machines, with many homeowners […]
Bristol Landlord’s £71.1m Tax Bill
I am asking Kerry McCarthy, Darren Jones, Karin Smyth and Thangam Debbonaire the Labour MP’s for Bristol to remind the Chancellor Sajid Javid and Prime Minster Boris Johnson to use their persuasive skills to highlight and take a more holistic approach and attitude to the private rented sector and tackle issues which affect a Bristol landlords’ […]
Get Ready To Buy
You’ve been putting what you can in savings for what feels like forever but suddenly it becomes a reality and owning your first home is just around the corner, but what can you do to make the final steps of the journey as easy as possible? I’ve compiled a short list of things you can […]
Bristol Property Market … the Rollercoaster of the last Decade
Ah the 2010’s, the tens, the teens – I am not sure what we are supposed to call the decade that has just gone. No matter what it was called, the last decade was a tough one, so does it really matter that we never really got around to giving it a name? Some might say, […]
Will There Be a ‘Boris Bounce’ For the Bristol Property Market?
The Halifax announced in early January that there was a Boris Bounce in the national property market as they stated national property values soared 1.7% in December 2019 – the biggest rise since the 1.9% month on month rise in February 2007 (a few months before the Global Financial Crisis aka the Credit Crunch). Get […]
198 Bristol Landlords each risk a £5,000 fine in Spring 2020
Washing Machine Energy Ratings for Houses was the phrase one Bristol landlord told me a few years ago when we were talking about the colour bar chart graphs that every property has had for over 10 years now. Now these weren’t brought in to use the whole palate of ink in people’s printers, but to […]
Time to set your marketing price (get it right first time)
If you are looking to sale your property in 2020 then you may well have already had several agents out to value your home. Let’s say that they have all suggested marketing in the region of £500,000. What price should you set as your asking price? When I first started valuing and marketing properties (many […]
BRISTOL RESIDENTIAL MARKET REPORT – DECEMBER 2019
Welcome to the December market report, where we cover the following topics. 204,727 People Live in Rented Accommodation in Bristol That number surprised you didn’t it? With the General Election done, I thought it time to reflect on renting in the manifestos and party-political broadcasts and ask why? As the best way to tell the […]
The £8.5 billion mortgage debt of Bristol homeowners
Irrespective of the shenanigans and political goings on in Westminster recently, the housing market (for the time being anyway) shows a striking resilience, fostered by the on-going wide-ranging monetary policy by the Bank of England. With interest rates and unemployment low, UKplc is heading into 2020 in reasonable condition. Additionally, despite the UK’s new homes industry improving […]