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. 

 

 

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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

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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.​

Support for Help to Buy

Support for Help to Buy

Selling GPEA News 14th December 2015

More support for Help to Buy Announced

The Autumn Statement brought a number of important announcements for homebuyers, not least a doubling of the housing budget to boost the supply of new homes.  Much of the focus is on affordable housing and builds on the 200,000 discounted Starter Homes that have already been pledged.

In addition to the Starter Home Initiative the Chancellor announced Help to Buy: Shared Ownership.  This is expected to number 135,000 homes which will be available to those that want to purchase an initial share of the property, with the option to increase to full ownership as their circumstances change.

Shared Ownership is not a new concept and many housing associations offer it as an affordable way for aspiring buyers to take a first step onto the property ladder.  Different housing associations can apply varying eligibility criteria depending on the target buyer.  The new Help to Buy Shared Ownership properties will not carry any such restrictions, other than qualifying households will earn less than £80,000 outside London and £90,000 in London.

The Help to Buy equity loan scheme has been highly successful in offering an alternative for homebuyers struggling with deposit and affordability requirements.  The scheme has been extended until 2021 and a new variant is to be launched in early 2016.

London Help to Buy will offer a 40% equity loan, double that of the standard 20%, recognising that house prices in London are substantially higher than elsewhere.  Although more detail is due in the New Year it sounds like it will follow the approach of the existing scheme. 

Available on new build property the equity loan is interest free for the first 5 years and available for those with just a 5% deposit.  Assuming it works in the same way, the repayable amount will be the equivalent percentage of the sale price. 

All in all, the Autumn Statement included a number of measures to boost the supply of new properties and hopefully increase the availability of affordable homes.

Guild Mortgage Service, Provided by London & Country Mortgages

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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

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