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Author Archives: Richard Fowler
Rightmove States We Are The Top Selling Local Agent
Data from property portal rightmove.co.uk states Richard James have agreed more sales in both Wellingborough and Irthlingborough than any other agent in the first fifteen weeks of the year.
We agreed 56 sales in Wellingborough with our nearest competitor agreeing 36 sales and in Irthlingborough we agreed 38 sales with our nearest competitor agreeing just 7 sales.
We require more properties to sell in the run up to the Summer period.
First Quarter Review
As we draw a close to the first quarter of the year, it is fair to say the market locally has been very buoyant since the start of the year.
The changes to Stamp Duty in December 2014, have encouraged more buyers than normal into the market. The huge demand for property has then fuelled house prices, so although buyers are now paying less Stamp Duty, they are now paying more for the house.
Overall there are fewer properties available and this … Continue Reading…
Stamp Duty Changes Already Having a Positive Impact
According to a recent estate agency survey, revised changes to the UK Stamp Duty Land Tax, as outlined by the Government in December, has already had a positive impact on the housing market.
In December 2014, the Government announced it had cut Stamp Duty Land Tax for the majority of homebuyers, with the aim of making payments fairer. The Government estimates the tax reductions will help 98% of those who are liable to pay for the duty.
In a national survey conducted … Continue Reading…
Rightmove Data Says We Are The No.1 Selling Agent.
These charts illustrate property sales agreed is Wellingborough and Irthlingborough during the period 1st January 2015 to 12th February 2015, according to Rightmove.
We are pleased to report more home owners are successfully selling through Richard James than any other estate agent. Our Wellingborough office agreed 22 sales in the period and our nearest competitor 12. Our Irthlingborough office agreed 18 sales and our nearest competitor 5.
If you are thinking of selling, talk to us to find out why we are different.
Wellingborough 01933 … Continue Reading…
We Need To Match More Buyers with Sellers This Valentines Day
With such a brisk start to the year, we need to match more Buyers and Sellers together this Valentines Day.
If you are thinking of selling in the near future, please contact to find out how much your property is worth.
Wellingborough 01933 224400 or Irthlingborough 01933 651010
House price growth continuing to slow, surveys show
Below is an interesting article from BBC news.
House price inflation is continuing to slow, according to the latest results from two leading surveys.
The Land Registry said prices in England and Wales in the year to December rose 7%, down from 7.2% in November and the fourth month in a row that the annual rate has fallen.
The Nationwide building society’s latest survey shows a similar picture.
Although it found UK house prices rose by 0.3% in January, the annual rate of growth … Continue Reading…
Reflection & looking forward to 2015………
It is that time in the calendar when we look back at the past twelve months and look forward to the next twelve.
2014 has been a good year for the local property market. The recovery, which gathered pace in 2013 continued into 2014 with house prices increasing, bringing more people out of negative equity or enabling them to accumulate a larger deposit to move on again. However, the second half of the year saw prices stabilise and the year draw … Continue Reading…
Buy to let boom continues with new mortgage highs
The buy to let sector is at its strongest for six years according to data released by the Bank of England.
Lending for buy to let mortgages jumped to a whopping £8 billion in the third quarter of this year – the highest quarterly lending volume since 2008 and up from £5.9 billion in the same period of 2013.
These are just the latest figures to show the private rental sector going through a boom.
According to the Council of Mortgage Lenders lending … Continue Reading…
Seven great property ideas that never caught on
A few innovations that have belly-flopped, delivering something less than their publicists promised at the outset.
Good on the property industry for trying new things but here are seven reminders that this year’s heavily-funded great idea might just be next year’s embarrassing turkey.
1. City Centre Living: It’s over a decade since the property industry forecast that so many people would want to rent in regenerated city centres that an infinite number of buy-to-let apartments could be built (almost all of them, … Continue Reading…
Sellers! Don’t Wait for the New Year
Many think buyers stop looking at houses during the Christmas period and as such, would-be sellers often choose to put their property on the market in the New Year. However, 89% of Relocation Agent Network member estate agents, who responded to a December survey, recommend that prospective sellers go to market before the Christmas break…
Why? Well the Relocation Agent Network survey found two key reasons:
1. 41% of Relocation Agent Network agents said that it was the increased activity in online … Continue Reading…
