UK property news

David James is your source for all the latest news on the UK property industry including the latest trends, house prices and valuations, ideas to help you sell your home, and tips for landlords. Whether you're buying, selling, renting, or looking to let out your home, you'll find useful information on this page.

Established in 2004, David James Estate Agents specialise in both property sales and lettings. We are industry experts; whether you're looking to move or let out your home, let us know the questions you need help answering.

 

Latest news at David James Estate Agents in Bromley

Transactions have increased, mortgage approvals are up and house price growth looks strong. With the stamp duty holiday creating increased demand, we expect this positive trend to continue. Nationwide house price index showed an annual increase of 1.5% in July. This follows some cautious June figures, -0.1% annual increase. 40,010 mortgages were approved in June. That’s 331%...
The stamp duty holiday has led to a 14% surge in calls and emails to agents. Properties priced between £400–£500k have seen the biggest increase in interest, 49%. In 2019 they only represented 8% of sales, therefore we may see a shift in the distribution of transactions in 2020. Properties priced between £500–£750k have also seen a surge in interest,...
With just over 35 weeks of the stamp duty holiday left, and with the average property taking 18 weeks to sell, vendors have 17 weeks to list their properties if they want to make the most of the stamp duty holiday. According to The Advisory, the average time to sell a property, from first day of marketing to completion, is between 16 and 25 weeks. In a hot market, it can take on average...
Climate change was high up the agenda before Covid-19 – most forecasters predicted climate change as the big theme for the property market in 2020. Recently the Chancellor put it back on the agenda. Energy efficiency of houses in England has improved over the last decade. The announcement of the Green Home Grant will help cut energy emissions further, which is important to many...
Whether it’s due to financial uncertainty or the lockdown, the COVID-19 pandemic has affected many home movers in Bromley who were previously buying or selling a home. But, over the course of the last few weeks, we’ve seen some significantly more positive news about the state of the UK property market. Things are picking up and there’s a lot for homebuyers in particular to be...

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