Property news

Dining Rooms

Death of the dining room: Over one in five homeowners have repurposed their dining spaces

New research by Aviva suggests the traditional dining room is falling out of favour, with more than a fifth of homeowners2 surveyed having converted the space for an alternative purpose.

Unsurprisingly, bedrooms (52%) and spare rooms/ box rooms (38%) are the most repurposed rooms in homes. However, the research also indicates a shift towards more modern-day living with more than a fifth (23%)...

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State Schools

Back to school: Property price premium to live near top state secondaries revealed

The latest research by Yopa has revealed that homebuyers face paying an average premium of more than £40,000 to live within reach of one of the nation's top state secondary schools, with the premium climbing as high as £275,000 in the most expensive location.

Yopa analysed current house prices across the postcode districts home to the nation's top 50 state secondary schools,...

Heat Pumps

Record number of heating oil households take the first steps to a heat pump

Thousands of households on heating oil are making the switch to a heat pump using the £9,000 Boiler Upgrade Scheme grant.

New figures published today (27 August) show total applications in July reached record highs, with 8150 households applying to install a heat pump.

The record-breaking figures are an 81% increase compared to June this year, thanks to additional interest...

Short lease flats

Short lease flats leave homeowners facing a £48,250 hit when they come to sell

The latest research from House Buyer Bureau has found that homeowners selling a flat with a short lease face an average asking price that is -22.1% lower than the wider flat market across England, reducing the value of a typical sale by £48,250. In Yorkshire and the Humber, the discount rises to 35.2%, underlining how a diminishing lease can become a costly obstacle when it comes time to sell...

Poor property maintenance

Poor property maintenance could wipe £59,000 from the value of the average landlord investment

The latest research by property management specialist, Rushbrook , has revealed that landlords who fail to adequately maintain their rental properties could see as much as £30,172 wiped from the value of the average buy-to-let investment across England, with this potential loss climbing to almost £59,000 in London.

Rushbrook analysed landlord-specific property values across each...

What's Driving the Rise in Demand for Rental Properties in the Yorkshire Dales

Tenants have been moving quickly across the Yorkshire Dales over the past year, with landlords in some of the area's most popular towns letting properties within days rather than weeks. Renters are drawn to the combination of national park scenery, strong transport links and a slower pace of life this part of North Yorkshire can offer, without losing a workable commute into Leeds or Bradford...

Fleeceholders

Fleecehold' fears shouldn't derail new-build sales, says Lyons Bowe

Homebuyers purchasing new-build properties are being urged to understand estate management arrangements before exchanging contracts, as privately managed communal areas become increasingly common across new developments in England.

However, Lyons Bowe Solicitors says that the presence of an estate management charge should not be viewed as a reason for buyers to reconsider purchasing...

Mark Zuckenburg

Buy like Zuckerberg: Three of the UK's best castles currently on the market

Following the news that Meta founder Mark Zuckerberg has added a 19th-century Gothic castle in Ireland to his property portfolio, LandSale, the property portal dedicated to land and rural property, has highlighted three of the best and most expensive castles currently listed on its platform.

Zuckerberg has purchased Strancally Castle in County Waterford, a Gothic-style castle built...

Castles

Castles, cottages, vineyards and barn conversions

The latest data from LandSale has revealed what buyers can expect to pay, and how much they can get for their money if they want to escape to the country, with castles, vineyards, barn conversions, and cottages currently offering very different routes to rural living.

The analysis draws on LandSale's internal listing data and examines listings across Great Britain and its regions,...

What Roof Type Says about a Property's Maintenance History, According to Surveyors

Ask a chartered surveyor what they check first on a period property inspection, and many will point to the same thing before you've even finished the question: what's actually on the roof, and whether it matches what should be there.

It sounds like a minor detail. In practice, roof covering has become one of the more telling indicators surveyors use to read a property's maintenance...

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