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Do You Love Your Neighbours? Good Neighbours Are Worth More Than You Think

Posted byTulloch Priest
Tulloch Priest
Founding Member of Priest Properties Ltd
User is currently offline
on Friday, 11 May 2012
in A little fun
According to a survey by FindaProperty.com, for that 10 people looking to purchase a house would be prepared to pay an average of £15,000 more for a property if they knew the next-door neighbours were courteous, quiet and trustworthy. This is a premium of around 7%, but some people would be prepared to pay as much as 20%, or £44,000 to secure good neighbours.This might seem a little strange to be prepared to pay so much, especially as the survey also found 26% of people don't know their next neighbours  full name, and 22% have no idea how they make a...

More Britons Feel Comfortable about Long-Term Renting

Posted byTulloch Priest
Tulloch Priest
Founding Member of Priest Properties Ltd
User is currently offline
on Wednesday, 29 February 2012
in UK Property Market
It’s good news for landlords and letting agents in Nottingham, as a recent survey by FindaProperty has found more people are becoming comfortable with the prospect of renting a home for the longer term. Their research found that 38% think owning a property isn't that critical, while 26% said they had no problem with renting a home long-term. Around 50% don't expect to buy a property until they reach middle age.Although rental rates increased substantially in many parts of the country over the last year or so, just 54% of those surveyed regarded owning their own property as being important. While...

Survey Finds Nearly One Third of Parents Long for More Space

Posted byTulloch Priest
Tulloch Priest
Founding Member of Priest Properties Ltd
User is currently offline
on Thursday, 09 February 2012
in UK Property Market
A survey by Findaproperty.com has found nearly a third of parents long for more space, with this figure rising to 40% for those aged under 34. Apparently one in four children share a bedroom with a sibling, and most parents are unable to afford to rent or buy the kind of property they'd really like in the area they want to live in. This is hardly surprising as the average cost of a three-bedroom home is still around £193,000, and most people are forced to compromise. Another report by investment firm LV found many young parents with two or three children...

The Festive Period is (briefly) better for Tenants than Landlords

Posted byTulloch Priest
Tulloch Priest
Founding Member of Priest Properties Ltd
User is currently offline
on Wednesday, 28 December 2011
in UK Property Market
If you are currently trying to rent out your property you might have noticed that things are a little slower at the moment, and this fact is borne out by research which shows this time of year generally suffers from a market slowdown as people concentrate on festivities rather than searching for a new home. According to Findaproperty.com, rental prices dropped by 1.5% last month, and look set to fall again until the New Year is underway. Earlier on in the year rental prices reached new highs at £890 a month for an average sized property, equivalent to half the average monthly...

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