Current Statistics ►

From 1st April, all new rental leases and renewals of tenancies will be required to have an energy performance rating of at least E on an Energy Performance Certificate (EPC). For existing tenancies, the regulations come into force on 1st April 2020.

We wondered how much tenants are prepared to pay for energy efficiency. Properties across England and Wales let in 2017 with an energy performance rating of E achieved 3.1% more per square foot than properties let with an F or G rating. On an 800 square foot property, this equates to an average of £360 per year.

The majority of landlords are well prepared, but we calculate that around 7% of properties let in 2017 still need to be brought up to the standard required. Best prepared are London landlords where just 4.9% of properties let last year were lower than an E rating, while in the South West more than 10% of properties did not meet the standard.

At the top of the scale, properties with an A or B rating achieved, on average, 31% more per square foot than F and G rated properties in 2017. On an 800 square foot property, this equates to an average premium of £3,600 per year.

January 2018

December 2017

 

 

We would like to take this opportunity to thank you

for your continued support which has made 2017

such a successful year

and we look forward to working with you

in 2018 and beyond. 

 

 

christmas-1869342_1920

This year we have been supporting Christmas Jumper Day in aid of Save the Children UK. Every one has been getting into the swing of things with some festive cheer at both our offices in Falmouth and Penryn, raising a total of £64.70. Not bad for a small team - Well done everyone!

September 2017

After months of hard work, our new website finally went live over the weekend and is looking fantastic! Why not have a good look around and see what amazing new features and information are included. 

www.heather-lay.co.uk


Natalie took part in the Cancer Research Race for Life Pretty Muddy on Sunday 3rd September. It was "pretty muddy" due to the Cornish Autumn weather, but a brilliant time was had by all and Natalie raised a fantastic total of £183.00 for Cancer Research!

August 2017

h_l_banner

Our new banner has arrived today ready for tonight, and it looks great!! We are proudly sponsoring the Pink Wig event which is part of Falmouth Week and raises funds for vital research projects, the best care for breast cancer patients in Cornwall and a safer future for the next generation.​

Where did house prices increase the most in 2016?

Where did house prices increase the most in 2016?

Property Prices The Guild 6th February 2017

UK property prices rose by 6.5% in 2016, Halifax said, while according to Nationwide Building Society’s House Price index, prices were 4.5% higher by the end of the year, having risen by the same rate as in 2015.


East Anglia 

The building society said that all regions of the country experienced house price growth in 2016, with East Anglia seeing the strongest price increases over the year. Average prices there were up more than 10% year-on-year.


Luton and Bedfordshire 

According to Halifax, Luton recorded the biggest percentage rise in house prices among the largest UK towns and cities in 2016, with the average property price in the Bedfordshire town rising by 19.4% over the year. 


Scotland, East Midlands, Northern Ireland 

Nationwide’s house price report, which includes a look at the differences in affordability across the UK, found that certain areas such as Scotland, the East Midlands and Northern Ireland have seen improvements over the last decade. 


2017: what next for house prices? 

Both Nationwide and Halifax suggested that house price growth will be more modest this year, due to uncertainty surrounding Brexit negotiations, combined with slower economic growth. 

Nationwide is expecting a gain of around 2%, while Halifax expects prices to slow to between 1% and 4% in 2017. The bank’s chief economist, Martin Ellis, said the wide range for the forecast reflected the “higher than normal degree of uncertainty regarding the prospects for the UK economy this year”.

Both lenders said that a lack of housing supply combined with low mortgage rates should help underpin the property market over the next 12 months. 

Low rates not only benefit existing homeowners, who are often able to substantially reduce their monthly outgoings by remortgaging to a cheaper deal, but also buyers, as they make it more affordable for them to purchase property.

Although some of the lowest deals have now been withdrawn, homebuyers still have a very competitive range of mortgages to choose from, with many deals accessible to those with smaller deposits to put down.

Annual house price growth is expected to slow over the course of 2017, according to some of Britain’s biggest lenders, but will be supported by a shortage of properties and low interest rates.


London & Country is the UK's largest fee free mortgage broker and adviser

For more information on the Guild, visit our homepage.


Residential Sales
01326 319 767

3 Church Street, Falmouth
Cornwall, TR11 3DN

Property Letting & Management
01326 374850

Swingbridge House, Anchor Quay,
Penryn, Cornwall TR10 8GU

Land & New Homes
01326 374850

Swingbridge House, Anchor Quay,
Penryn, Cornwall, TR10 8GU

2017 © Heather & Lay. All rights reserved. Terms and Conditions | Privacy Policy | Cookie Policy | Complaints Procedure

   

 


 

Value My Property