35 Merthyr Road Cardiff, CF14 1DB
T: 0292 052 2106 Lettings: lettings@chambersestateagents.co.uk Sales: sales@chambersestateagents.co.uk
In the past, landlords would have been happy to purchase on older property stock and make improvements – perhaps adding value along the way. Today, however, there is a perfect storm of factors casting a cloud over investing in resale buy-to-lets.
What does it take to stop the UK’s apparently unassailable property market? Another interest rate rise? An energy crisis? Rising food bills? For now, apparently none of these factors is denting the determination to move home.
Everything we know about the energy market is almost irrelevant today, with the unpredictable world of gas and electricity having a dramatic impact on our monthly bills. In this guide, we bust six current – and most common – energy myths and offer advice to those struggling to understand the current energy situation.
The option of buying second hand, scanning Gumtree or Facebay for free items and upcycling what you already own are the most sustainable approaches to home styling but sometimes purchasing new is the preferred option.
We have become somewhat accustomed to rock bottom interest rates that barely nudge 0.25 percentage points either way for months. When the main interest rate rises, mortgage rates usually rise in tandem, so if you already have a mortgage or want to take out a home loan, now is a good time to seek professional advice.
Gardens and balconies have never been in more demand so if you have one of these aspects and are thinking of selling, you’ll already have the upper hand and should be able to command a higher sale price.
Here we discuss house prices, rental values and major changes to lettings. There’s also a new UK average house price and a new Bank of England base rate. If you want to know how any of the points affect your property plans, please get in touch.
‘Self-care’ is a concept that’s gained momentum in the last two years, especially as we look to rebalance our lives after the pandemic. Although what may immediately spring to mind is a walk in the countryside or an hour-long aromatherapy massage, the self-care trend has crossed over into our homes.
Like or loathe your current home, it’s not the opinion of the seller that counts. As soon as that ‘for sale’ sign is up, all that matters is what buyers think about the property and how much they’re willing to pay to make it theirs.
Subscribe to receive the latest property market information to your inbox, full of market knowledge and tips for your home.
You may unsubscribe at any time. See our Privacy Policy.