News

LETTINGS NEWS: Two months to prepare for landlords’ tax relief changes

17/02/17

It’s now just two months before some landlords with buy to let properties will encounter the first phase of changes to how their mortgage interest tax relief is applied. Currently tax is due on profits at your highest rate of income tax. But from April this year, and each April until 2020, this system will be changing gradually. The government’s goal is that by 2020 all landlords…

Read More


SALES NEWS: Mortgage market improves as lenders cut rates to woo more buyers

17/02/17

The amount of money lent as mortgages last year across the whole of the UK hit £246 billion – that’s 12 per cent higher than in 2015, and the largest total for the past 10 years. In another sign that the housing market remains strong despite economic and political uncertainties, a spokesman for the Council of Mortgage Lenders says: “Approvals for house purchase have recovered strongly. The…

Read More


LETTINGS NEWS: Government boost for rental sector – but few new rule changes

15/02/17

The government’s Housing White Paper says it wants to see renting promoted as a more attractive option for the public, and not treated as a second-class option. This is good news for existing landlords and others considering investing in buy to let for the first time. The White Paper confirmed that up to 30 per cent of households may be privately renting in the next 10 years…

Read More


SALES NEWS: It’s a sellers’ market thanks to a shortage of supply

15/02/17

One of the most authoritative monitors of the housing market says the ball is firmly in the court of sellers in the coming months thanks to a shortage of homes on sale. The Royal Institution of Chartered Surveyors says the stock on the market of most estate agents is nearing a historic low, even taking into account the winter weather – and the East of Exe agency…

Read More


LETTINGS NEWS: Two months to prepare for landlords’ tax relief changes

31/01/17

It’s now just two months before some landlords with buy to let properties will encounter the first phase of changes to how their mortgage interest tax relief is applied. Currently tax is due on profits at your highest rate of income tax. But from April this year, and each April until 2020, this system will be changing gradually. The government’s goal is that by 2020 all landlords…

Read More


SALES NEWS: Mortgage market improves as lenders cut rates to woo more buyers

31/01/17

The amount of money lent as mortgages last year across the whole of the UK hit £246 billion – that’s 12 per cent higher than in 2015, and the largest total for the past 10 years. In another sign that the housing market remains strong despite economic and political uncertainties, a spokesman for the Council of Mortgage Lenders says: “Approvals for house purchase have recovered strongly. The…

Read More


LETTINGS NEWS: Local rents rose in 2016…but may rise still more in 2017

19/01/17

Rents in the south west region have risen 2.1 per cent in the past year – but may rise 4.0 per cent in 2017 according to the country’s largest property portal, Rightmove. The portal tracks rental movements in over 300,000 properties across the country, including over 20,000 in the south west. It says a surge in buy to let properties being let during 2016 – after landlords…

Read More


SALES NEWS: Many first time buyers choose 30 or 35 year mortgages

19/01/17

The traditional 25 year mortgage could be on the way out, according to a major mortgage lender, as growing numbers of first time buyers now choose deals lasting 30 or 35 years. The Halifax says that in 2016, some 28 per cent of all first time buyers with a mortgage opted for a 30 or 35 year term – the highest proportion ever. A decade ago, only…

Read More


LETTINGS NEWS: It’s true – letting agents save landlords almost £2,000 a year

13/01/17

A new independent survey has revealed that using a letting agent saves a landlord an average of £1,910 a year, contrary to some perceptions that agents actually cost money.  Insurance company Endsleigh questioned 500 landlords – roughly half managed their own rental property directly, and the other half paid a professional letting agent.  By calculating the rental income for equivalent properties, and the fees paid to agents,…

Read More


SALES NEWS: Local housing market benefit from new infrastructure improvements

13/01/17

There’s plenty to look forward to in 2017 in terms of improvements for Exeter, East Devon and the broader south west – and all likely to strengthen the local housing market.  Firstly, a decision is expected in the new year from the government on which route is preferred for improvements to the A30 and A303 roads through the Blackdown Hills, aimed at making this a faster and…

Read More


Free Instant Valuation

Are you thinking of selling, or just looking to know how much your property is worth? Try our new online valuation tool, it only takes seconds.

Click here

SPECIAL WINTER OFFER FOR LANDLORDS

Free annual gas safety check and service on all new managed properties.

Click for more details

Find out more about our region

By limiting our market to properties in Exeter & the surrounding towns and villages, we don't stretch ourselves too thinly and can offer our customers genuine insider knowledge of the local property scene.

Download guide

What Our Clients Say About Us

Click below to see some recent testimonials.

Click here

Guide to moving home

If you've not moved before or just want to check on some recommended suppliers to help your move go smoothly then have a look at our online magazine.

Click here