Monthly Archives: December 2020

How to sell a home where pets live

Top tips for successful viewings, remember not all buyers are animal lovers

Pets can be wonderful additions to family life, but when it comes to selling your home, they have a downside. Unfortunately, not all buyers are animal lovers, so signs of a pet in the property can accentuate the negative and mean that they’re less likely to make an offer. If they do make an offer, they might feel that they’re in a stronger position to negotiate on price.

Later-life finances: lifetime mortgages

How and why to release equity from your home after the age of 55

These days, our lives are longer – and in many ways more complex – than ever before. While you might have thought that you would live comfortably on a pension throughout your retirement years, this has become more difficult. You may have assets you can sell, but fortunately, there are also other options to raise the money you need.

Good news on the horizon for 2021

A flurry of activity is expected early in the year

Though the property market was forced to close for several months this spring, we are reaching the end of the year in a far stronger position than many expected. According to recent research, 1.1 million home sales are likely to be completed this year[1]. This is just 6% fewer than last year, compared with predictions of -15%.

Property market rebounds

Take advantage of the financial incentives to buy now

December is typically a slow period for the property market, with most buyers reluctant to make such a big purchase with the holidays approaching. But this year is not a typical year.

Housing market update

Busiest December in a decade predicted

The festive season is not usually a busy period for the housing market, as potential buyers and sellers have other priorities and financial concerns. But, with several factors converging to drive up property sales, we’re expecting to see the busiest December in a decade.

Help to Buy in 2021

Changes to the scheme for first-time buyers

The government’s Help to Buy scheme was launched in 2013 to offer people financial help towards buying a newly built home in England. Since it was launched, over 270,000 people have used the scheme to buy a home, of which 82% were first-time buyers.

Government pledges £20 billion for housing

Highlights from the Chancellor’s Spending Review

Chancellor Rishi Sunak’s Spending Review address on 25 November contained stark warnings about the UK economy, with official forecasts now predicting the biggest economic decline in 300 years with unemployment set to reach 7.5%.

Design ideas for 2021

How to make your home a place you want to spend time

We’ve spent far more time in our homes in 2020 than in previous years. So, whether you’ve grown tired of your living space or discovered a love of home improvement in lockdown, you’re probably thinking about ways to change your home environment for next year. Here are some design ideas that fit with our changing lifestyles.

Five homebuying mistakes

Pitfalls that first-time buyers should look out for

One of the biggest financial commitments you’ll make in your lifetime is buying your first home. If you’re nervous about making a mistake with this major purchase, here’s how to avoid some of the most common pitfalls for first-time buyers.