Posts with tag: house hunting

Online estate agents to make up 50% of market by 2020

Published On: July 30, 2015 at 3:06 pm

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An interesting prediction by Urban.co.uk suggests that online estate agents could account for half of the market by the year 2020.

Since its inception in 2005, the website has brokered in excess of £97.5bn worth of successful deals.

House-hunting online

Adam Male, Founder of Urban.co.uk, believes that as a result of changing trends, the public will eventually be drawn to house-hunting online. He said, ‘the online format negates the need for expensive fees, whilst still offering customers as much expert knowledge and advice as required.’[1]

‘We are extremely proud of the Urban brand and believe that our site will continue to develop and evolve, leading the industry over the next decade,’ he added.[1]

The website allows home-sellers to make an account and upload images and details of the properties that they are looking to sell. Next, the agent sends a surveyor to assess the house within 1-3 working days.

Online estate agents to make up 50% of market by 2020

Online estate agents to make up 50% of market by 2020

Process

After the valuation and surveying process has taken place, the website will advertise the property on sites such as Rightmove, Zoopla and Primelocation. Mr Male said, ‘we are extremely proud of the Urban brand and believe that our site will continue to develop and evolve, leading the industry over the next decade.’[1]

‘Everyone within our team is highly qualified, with credentials recognised by the National Association of Estate Agents and happy to help with negotiating the best price for your property.’[1]

[1] http://www.developmentfinancetoday.co.uk/article-desc-4189_online-estate-agents-to-be-50-of-the-market-by-2020?utm_campaign=Landlords%20%26%20Property&utm_content=18579851&utm_medium=social&utm_source=twitter#.Vbn-NpNVhBd

 

Men and Women Have Very Different Housing Priorities

Published On: July 3, 2015 at 8:52 am

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New research has found that there are big differences between men and women when it comes to choosing a home.

In finding their dream house, 14% of males wanted a cinema/screening room and 12% would like a wine cellar. Contrastingly, 24% of women look for an AGA oven and 18% wanted a kitchen island, revealed a study by Strutt & Parker.

Men and Women Have Very Different Housing Priorities

Men and Women Have Very Different Housing Priorities

When moving house, women’s priorities include being near a good school, access to shops and amenities, a short commute to work, more space, and being close to family and friends, the poll of buyers, vendors and tenants found.

Men’s top reasons for buying a new property were tax changes, retirement, pension support, a smaller home, the political environment and mobile phone coverage.

Both sexes did agree that a traditional British home is preferred, however, women valued other styles than men, including lofts, simple Scandinavian design, classical French décor and exotic Indian styling. Men desired retro 1950s/60s/70s looks.

Men are attracted to stark, grand, imposing and cool features, whereas women like quirky, creative, calm and relaxing characteristics.

Regarding outdoor space, men are keener to live on or near the water and would like a house with sporting facilities, such as a gym, pool or tennis court. However, women were more interested in equestrian amenities.

Considering managed apartment blocks or units, men were more eager for convenience and practical amenities, such as a porter, in-house cleaning services, car sharing, banquet services and refrigeration drop-off storage. For women, it is vital that pets are allowed and disabled access is important.

Males are more concerned about environmental features in a home, such as renewable energy, living walls and green roofs.

Head of Research at Strutt & Parker, Stephanie McMahon, comments: “Our overall analysis points towards elements such as broadband connectivity and access to amenities being very important for buyers.

“However, men and women appear to have a slightly different interpretation on what these might mean.

“When referring to private rentals, for example, for men, amenities and services might mean concierge services and grocery drop-off, for women it might mean ability to bring pets and disabled accessibility.”1

1 http://www.propertywire.com/news/europe/uk-home-style-choices-2015070110695.html

House Hunters not Stopped by Rain

Published On: August 2, 2012 at 4:46 pm

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Categories: Property News

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June this year was the rainiest June ever recorded, however, this has not halted house hunting, say estate agents.

House Hunters not Stopped by Rain

House Hunters not Stopped by Rain

The housing market report for June has been published by the National Association of Estate Agents (NAEA), and indicates that  This highlights a substantial increase in interest in buying homes compared to last June.

After the end of the Stamp Duty holiday, interest from prospective buyers was dropping, but the NAEA have stated that the “serious house hunter” is back.1

They believe that those searching for a new house in June were trying to secure a purchase before the summer holidays, and certain events in London.1

Despite the increase in interest, property sales stayed steady, making June the fourth consecutive month to stay the same.

Nevertheless, there has been a slight rise in first time buys from May, of 2%. Despite this growth, the numbers are still down annually. In June, first time buyers constituted 17% of the housing market, however, last June, this proportion was 21%.1

President of the NAEA, Mark Hayward says: “After the bad news for first time buyer levels last month, it is pleasing to see that the market is showing some signs of resilience in the face of challenging conditions and we should welcome signs of the return of the serious house hunter.

“Although year on year data is less encouraging, it should be tempered with the fact that the UK is now in the grip of a deeper recession than previously predicted. It remains to be seen how wider economic developments, such as the recent shrinking of the UK’s GDP in Q2, will affect supply and demand levels, however NAEA agents are already predicting a slowdown in activity.”1

1 http://www.justlandlords.co.uk/news/House-Hunters-Will-Not-be-Stopped-by-the-Rain-1351.html