The Bristol Festival of Puppetry

24.08.2015 John Parky
The Bristol Festival of Puppetry: 26th August 2015 - 6th of September 2015

August Property Trends

24.08.2015 John Parky
Our friends over at Rightmove have put together this great little infographic displaying the property trends this August. Perfect for anyone looking to expand their portfolio outside of Bristol. Take a quick and get up to date in no time.

NEWS: George's summer surprise Before the general election in April, potential house buyers were taking a cautious 'wait and see' attitude and the property market stagnated as a result. Yet post-election figures show that property is back on track once again, with sales up by 4.7%. Confidence has returned, it seems. The really big news of the last few weeks, however, has been George Osborne's summer budget. There was no ignoring it, particularly if you're a landlord (more of which below) — although property owners also got a surprise, too: from April 2017, married couples and civil partners will be able to pass on family homes worth up to £1million to children or grandchildren without being hit by inheritance tax. Just two days later, Osborne followed this up with a series of sweeping planning proposals, including automatic planning permissions for brownfield sites in order to kickstart “an urban planning revolution.” It was a busy week for Her Majesty's Government...

NEWS: Recovery position Are banks and building societies making it easier for people to borrow? It certainly looks that way at first glance with experts predicting a "gentle recovery" in housing market activity, based on recent news reports. Before you get too excited, it should be noted that new figures show lending rising only slightly (by 2 per cent, in fact). Still it is going in the right direction. On the other hand, even if mortgages are more readily available, the Royal Institution of Chartered Surveyors (Rics) points out that the UK is still facing an acute shortage of housing supply. Meanwhile, important news for landlords is that after the cut off date in late June, they must now be meeting official deposit protection rules, or risk heavy fines. Are you covered?

As members of the Bristol community we want to do whatever we can to show off its best bits and to help our city thrive. That’s why we are asking you and everyone else to help us.

When assessing whether your potential purchase is a good investment vehicle you should consider various factors. Here are our top 6 things to look for

With banks paying so little in interest on savings, and the Chancellor George Osbourne allowing us to release our pensions, there has been a huge upsurge in enquiries from potential Landlords looking for the next best thing. Availability has become a key issue with demand far outweighing supply in recent months, and with this has come the inevitable rise in sale prices.

NEWS: Cameron's next move Well, who saw that election result coming? Certainly not the pollsters and probably not even David Cameron himself. Yet he's installed in Number 10 for a further five years — and with a small majority this time. That, in many ways, was the easy bit, however: now the Prime Minister has to make good on the Conservative's manifesto pledges. This includes building 200,000 new starter homes for first-time buyers under 40 by 2020, extending the Help to Buy loans scheme, introducing a Help to Buy ISA, plus creating a brownfield fund to “unlock homes’ on brownfield sites. Labour's promise/threat (delete depending on your political affiliation) of a mansion tax went with Ed Miliband's defeat. With David Cameron in charge again some commentators believe that the rental market is likely to strengthen — so good news for landlords. But what about renters? Unlike Labour, the Conservatives aren't promising three-year tenancies and a ban on unfair lettings fees.

Landlords have thirty days from receiving the deposit to register with either the Deposit Protection Service, MyDeposits or the Tenancy Deposit Scheme.

Greenwoods is getting social!

05.05.2015 John Parky
Greenwoods have joined the millions of other people on social media...at last! Follow us for interesting and engaging stories surrounding our city, and the market.