News

SALES NEWS: Housing market stable as spring sales season starts

23/03/17

New figures from Rightmove show that the housing market in the south west of England is remarkably stable, just as the peak spring season begins for sellers and buyers. Rightmove monitors hundreds of thousands of homes on sale in the south west and says: the average house price in the region is now £296,073; this is only 1.3 per cent higher than a year ago; the south…

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LETTINGS NEWS: Landlords beware: new penalties come into force on April 6

23/03/17

Yet more new restrictions are coming in for landlords, who from April 6 can be issued with civil penalty notices for breaches of housing law. Local councils, including Exeter and East Devon authorities, can issue fines of up to £30,000 for a range of offences under the Housing Act 2004, including: failure to comply with an improvement notice served by the council; breaches of national and local…

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LETTINGS NEWS: It’s a landlord’s market as demand outstrips supply

22/03/17

New figures from the widely-respected Royal Institution of Chartered Surveyors suggest that the number of landlords entering the buy to let sector is at its lowest for two years. That represents good news for those landlords who already have buy to let properties, or those considering entering the sector this spring and summer: as demand outstrips supply, there are very few vacancies and rents are strong because…

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SALES NEWS: Exeter wins high praise in Sunday Times list of UK Best Places

22/03/17

Exeter has won outspoken praise and has been named as one of the UK’s ‘Best Places To Live’ according to the annual Sunday Times survey of cities, towns and villages. “Could there be a more perfectly positioned city?” the newspaper asks, having categorised Exeter as one of the ‘perennial favourites’ in the country – sharing the same category as larger and internationally-renowned locations such as Bath, Cambridge…

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LETTINGS NEWS: New penalties can be levied on landlords from April 6

17/03/17

New penalties can be levied on landlords from April 6 Yet more new restrictions are coming in for landlords, who from April 6 can be issued with civil penalty notices for breaches of housing law. Local councils, including Exeter and East Devon authorities, can issue fines of up to £30,000 for a range of offences under the Housing Act 2004, including: failure to comply with an improvement…

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SALES NEWS : Housing market stable as sales season kicks in

17/03/17

New figures from Rightmove show that the housing market in the south west of England is remarkably stable, just as the peak spring season begins for sellers and buyers. Rightmove monitors hundreds of thousands of homes on sale in the south west and says: the average house price in the region is now £296,073; this is only 1.3 per cent higher than a year ago; the south…

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SALES NEWS: The best property investment? Houses and flats by a mile

06/03/17

Capital appreciation produced by houses and apartments remains significantly higher than the appreciation enjoyed by any other kind of property according to a survey. The Investment Property Databank, widely regarded as one of the most authoritative consultancies in the property industry, has analysed 9,000 transactions across a range of sectors – homes, industrial buildings, offices, and shops. While all property types together returned an average capital appreciation…

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LETTINGS NEWS: Investing in student accommodation has become easier

06/03/17

If you have a son or daughter off to university in 2017, a new mortgage product could allow them to become a property owner instead of paying rent for three years or more. The Loughborough Building Society’s Buy For Uni mortgage is open to any student aged 18 or more, and lends up to 100 per cent of a property’s value up to a maximum £300,000. As…

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LOCAL NEWS: Exeter Airport makes our area better-connected than ever befor

01/03/17

One of the biggest attractions of moving to Exeter and East Devon in recent years has been dramatic improvements in transport links with the rest of the UK and internationally – indirectly, this helps keep local housing markets strong, too. Now Exeter Airport has seen an eight per cent increase in passenger numbers in 2016 – the fourth successive year that business has grown at the airport…

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SALES NEWS: Analysis shows the ‘right’ asking price is absolutely vital

01/03/17

A survey by Rightmove reveals that homes with realistic asking prices typically sell faster than properties that ‘try it on’ with ambitious prices. Rightmove is Britain’s biggest property portal and analyses around 100,000 homes for sale each month, assessing their asking prices, their time on the market, and how much they eventually sell for: East of Exe advertises all of its clients’ properties on this site. The…

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