Valuing A Home: Art Or Science?




How Will Changes To Mortgage Tax Relief Impact Landlords?

From April 2017, landlords' ability to deduct mortgage interest payments from their rental income is gradually being phased out.

Click here to read How Will Changes To Mortgage Tax Relief Impact Landlords?.



Valuing A Home: Art Or Science?

 
It's a common question asked of estate agents and one that is surprisingly difficult to answer.
 
Of course, most agents as long in the tooth as I will answer with the rather cliched response that... 'a house is worth what someone is prepared to pay!'
 
The author of this article is Thomas Morris Sales & Lettings Director Simon Bradbury.
 
To find out more about the art and science of valuing a property for sale or rent please click here

Click here to read Valuing A Home: Art Or Science?.



Orange Day Really is NEARLY Here!

With only a few days to go until 'Orange Day' on Friday 19th May, all the branches at Thomas Morris Sales & Lettings have been hard at work raising funds for our favourite charity Magpas, the amazing medical team providing land and air emergency support to life threatening emergencies in the East of England.


Click here to read Orange Day Really is NEARLY Here!.



Top 20 Features That Sell Vendors' Homes

 

 

New research has identified homebuyers' top 20 'must-have' features that would encourage them to purchase a seller's property.

According to the survey of 2,000 people, commissioned by Gocompare.com, central heating is the top must-have feature for buyers.

This is followed by double glazing, a garden, secure doors and windows and a driveway or dedicated parking space.

Other notable features included in the top 20 are a reliable broadband connection that is strong enough to stream TV, friendly neighbours, a bath and a good energy efficiency rating.

The study notes that several 'must-haves' of the past, including period features and conservatories, didn't make the list.

What's more, only 13% of participants indicated that they felt highly rated schools to be a 'must-have' property feature.

"We found that many potential buyers are prioritising efficiency, security and connectivity over aesthetic features," comments Gocompare spokesman, Matt Sanders.

"This suggests that modern buyers are buying with their heads rather than their hearts and that investing in things like a new boiler, additional electrical sockets or modernising home insulation could be a smarter investment than traditional selling points."

Sanders adds: "It is surprising to see previous must-haves such as good schools and conservatories fail to make the top 20.”

''
However, our research shows that buyers are becoming more financially savvy and are willing to make compromises on the finer details of a property to keep costs down and avoid expensive work in the future."

T
he complete top 20 is reproduced in full below:

1. Central heating
2. Double glazing
3. A garden
4. Secure doors and windows
5. Driveway or dedicated parking space
6. Plenty of electrical sockets
7. Local shops and amenities
8. A good, reliable broadband connection strong enough to stream TV and films
9. Friendly neighbours
10. At least 2 toilets
11. A bath
12. A good energy efficiency rating
13. A new boiler/central heating system
14. A reliable, clear mobile phone signal
15. A shower cubicle
16. A garage
17. Cavity wall insulation
18. A land line telephone
19. A living room big enough for a large, flat screen television
20. A dining room

 

This article was published by EstateAgentToday



What Is Happening With House Prices?

We have put together a summary of official house price movements across our region and beyond according to the latest UK House Price Index Reports published 16th May 2017.

Click here to read What Is Happening With House Prices?.



Top Investment Properties For Sale

The following represent excellent investment opportunities for buy-to-let property purchase. For further information and advice on starting or growing a property portfolio, please contact the appropriate Thomas Morris branch.
 
New Road, Ramsey. Asking Price &135,000. Provisional Monthly Rent &550. Gross Annual Yield 4.9%. Contact 01487 814666 More
Percy Green Place, Huntingdon. Asking Price &140,000. Provisional Monthly Rent &650. Gross Annual Yield 5.57%. Contact 01480 414555 More
Bascraft Way, Godmanchester. Asking Price &135,000. Provisional Monthly Rent &625. Gross Annual Yield 5.5%. Contact 01480 414555 More
  Alexandra Court, East Street, St Ives. Asking Price &150,000. Provisional Monthly Rent &510. Gross Annual Yield 4%. Contact 01480 468066 More
Derwent Close, St Ives. Asking Price &140,000. Provisional Monthly Rent &500. Gross Annual Yield 4.29%. Contact 01480 468066 More



Upcoming Events

Our newsletter is sent to over 54,000 contacts! So if you would like to advertise an event for FREE that you are involved in or would just like to raise awareness of, then please email the details to leanne@tm-stneots.co.uk

Events happening in and around Cambridgeshire, Bedfordshire and Hertfordshire

 

  June 2017  
Classic Car Weekend, Ferry Meadows, Peterborough
Friday 2nd June - Sunday 4th June
Upwood Flower Festival and Open Gardens, Upwood St Peter's Church
Saturday 10th June 11.00 - 17.00
Sawtry Carnival, Sawtry Village Academy
Saturday 10th June 12.00 - 14.00
A Talk and Walk on 'Fish and Water Plants', Paxton Pits Nature Reserve, Little Paxton
Wednesday 14th June from 13.30
Fun Day, Great Barford Village Hall
Saturday 17th June 12.00 - 17.00
Picnic In The Park, Warners Park, Park Road, St Ives
Sunday 18th June 13.00 - 19.00
  July 2017  
Buckden Village Festival, Buckden Playing Fields
Saturday 1st July 11.30 - 17.00
Table Top Sale, St Neots United Reformed Church
Saturday 8th July 10.00 - 14.00
Songs For A Summer Evening, St Andrews Church, Swavesey
Saturday 8th July from 19.30
Paxfest & Fun Dog Show, Little Paxton Playing Field
Saturday 8th July 12.00 - 16.45
Manea Gala, Park Road
Saturay 8th July 11.30 - 23.00
Health & Wellbeing Festival, Hinchingbrooke Country Park
Sunday 30th July 11.00 - 14.00
 
Our newsletter is sent to over 54,000 contacts! So if you would like to advertise an event for FREE that maybe you are involved in or would just like to raise awareness of, then please email the details to leanne@tm-stneots.co.uk

*Thomas Morris Sales & Lettings cannot be held responsible for any changes, amendments or cancellations of an event