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. 




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.

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


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.​

Is the 100% Mortgage Back?

Is the 100% Mortgage Back?

Selling GPEA 25th May 2016

Is the 100% mortgage back?

One of the big challenges for first time buyers has been in pulling together a deposit, especially when facing rising house prices in many areas.  

The credit crunch led to significant tightening in lending and as a result the number of deals on offer to those with a small deposit dropped dramatically.  There was barely a handful available at one stage but that has improved in recent years, especially after the introduction of the Help to Buy guarantee.

As a result the range of options for those with a deposit of only 5% has improved but lenders have shown little appetite to offer 100% mortgages again.

Barclays caught the headlines recently with the launch of its new version of the Family Springboard mortgage.  This extended the potential borrowing to as much as 100% of the purchase price but carries a crucial difference to the 100% mortgages (and even beyond 100%) of the peak of 2007.

The Barclays rate requires the parent or family member of the person buying the property to put 10% of the purchase price away in a separate savings account.  

The savings will earn interest and importantly remain in the parent’s name rather than having to be gifted to the child.  That could be of benefit to those that want to use the cash again at a later stage, perhaps to help a second child buy their first property.

However the savings act as additional security for the lender and the parents cannot draw on the funds for at least 3 years.  In a worst case scenario the lender could use the parental savings to cover any loss it suffered, so there is a risk to the cash.

Other deals work in a similar way but can use spare equity in the parental property as the added security that the lender requires.  That’s helpful where there isn’t a cash lump sum but does ultimately put the parental property at risk if things did go badly wrong.

Talk of a return to 100% lending is perhaps not quite the full story but these products do certainly show that lenders are trying to innovate in a competitive market. That can result in useful mortgage options as long as everyone understands the potential implications for them.

Guild Mortgage Service, Provided by London & Country Mortgages

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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