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1,200 New Homes in Yorkshire

Six new sites secured by Redrow Yorkshire will provide more than 1,200 new homes across the region, including 30 per cent affordable.

They will also bring a raft of community benefits, including open space, footpaths, cycleways and contributions to local education, healthcare and highways improvements.

News of these latest acquisitions comes shortly after Redrow plc announced legal completions for the last financial year up 39 per cent and a record order book at the start of the new financial year.

The new Yorkshire sites will feature homes from Redrow’s Arts & Crafts inspired Heritage Collection, which is perfectly aligned to the increased demand from customers for quality, well designed homes in areas which are great places to live.

Redrow’s Wakefield-based operation has now legally completed on two sites in Harrogate – for 146 properties at Kingsley Road and 95 homes off Claro Road – and a site for 114 new homes off Whitehall Road, New Farnley, Leeds.

Contracts are exchanged on three further parcels of land – for 270 homes at Bradley Villa Farm, Huddersfield; 289 properties in West Ardsley, and 303 homes at Moor Lane South in Ravenfield, near Rotherham.

John Handley, Redrow Yorkshire managing director, says: “These sites will be developed over a number of years, we’ve already put a spade in the ground on two of them and we’ll be taking completions in 2022.

“We are also in detailed negotiations for several more sites, which will deliver a further 1,160 homes, plus circa 500 properties earmarked for a new garden village north east of York.

“Successfully coordinating such a large influx of land acquisitions and the associated planning matters surrounding them has been a major achievement for our team, under the stewardship of land and planning director Sarah Carr. Our next priority is to ensure their successful transition to construction and sales.”

The six confirmed site acquisitions are well spread across Redrow’s established West and North Yorkshire areas of operation, but also include the company’s first foray for some time into South Yorkshire. The reserved matters planning application for 303 properties on 35.5 acres at Ravenfield proposes 227 private-sale three, four and five-bedroom homes, plus 76 affordable homes.

“We’re extremely pleased to be expanding our geographical boundaries and look forward to bringing our Arts & Crafts inspired Heritage Collection to South Yorkshire when we start the site in spring 2022.” John adds. “We are keen to make further acquisitions right across the region, including the southern area of our patch.”

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(Seen  August 2021

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First-time Buyers Urged to Make the Most of ‘Forgotten Tax Relief’

First-time buyers have been urged to make the most of a ‘forgotten tax relief’ that could save them thousands of pounds as the stamp duty holiday ends.

While the stamp duty holiday finished at the end of the month, many have forgotten that an even better tax relief is still available for first-time buyers, according to a leading property lawyer.

The first-time buyer stamp duty exempts buyers if they purchase properties for less than £300,000.

Simon Nosworthy, head of residential conveyancing at Osbornes Law, said: “In the chaos of the stamp duty holiday most people seem to have forgotten that there is a fantastic stamp duty exemption for first-time buyers. The exemption is actually better than the last part of the stamp duty holiday as the latter only allowed for £250,000 tax free. While many may be bemoaning the end of the holiday, for first time buyers the holiday effectively isn’t over as they still have the chance to buy a property without paying stamp duty.”

The first-time buyer stamp duty exemption was introduced in November 2017 and made first time buyers in England, Northern Ireland and Scotland exempt from paying the duty on properties purchased up to a value of £300,000. This means first-time buyers can save up to £5,000.

For properties costing up to £500,000, they pay no stamp duty on the first £300,000, and pay the duty on the remaining amount up to £200,000.  If first-time buyers purchase a property worth in excess of £500,000 they do not qualify for any of the exemption and have to pay the full duty.

With the end of the stamp duty holiday many would-be home buyers may be waiting to see if the market drops, but Nosworthy said a dip in prices is unlikely.

He added: “While the stamp duty holiday definitely fuelled prices across the UK, I wouldn’t expect to see a drop in prices once the holiday ends. There are a number of reasons I would expect prices to continue increasing including people wanting more space because of being stuck at home during the pandemic and because of the move towards home working. Interest rates are extremely low, which makes borrowing cheap and there isn’t enough housing coming onto the market. As a result, if you wait for a drop in house prices for too long you could end up paying a lot more for a property.”

He concluded: “With inflation rates predicted to rise to almost 4 per cent next year it seems likely that interest rates will go up. This will have a cooling effect on the housing market, but whether or not this will cause a dip in prices will remain to be seen.”

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(Seen  August 2021

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The Seven Questions First-Time Buyers Should Ask

Everybody remembers the time when they bought their first home… it’s not the easiest of things to tackle. And with the average house price in the UK reaching a record high of £266,0001, purchasing a property today is incredibly expensive and stressful, raising a ton of questions for first-time buyers.

However, stop searching for advice via your search engine, as experts at regulated property buyersGoodMove offers their insider brains to reveal the questions that all first-time buyers should be asking. Plus, how to go about solving them.

Can I afford the property?

Getting onto the property ladder in today’s economy is a massive commitment, so it’s important to assess whether you have the finances to make such as big investment right now.

Preparation is essential in this respect, and when entering the property market buyers should know exactly what they want and what to expect. Make sure you consider all financial commitments when deciding on an appropriate deposit, and mortgage payments.

What is a house survey?

A house survey is a little bit like a GP checkup for your property. It involves hiring a professional to conduct a detailed inspection and survey the condition of the property, picking out any causes for concern.

If the property is found to need work, you must either ask the seller to lower the price or fix the property – or alternatively pull out completely.

What is the area around the property like?

So, you’ve visited the property, you think you’ve found your dream house – but have you checked out the area?

Not only can a good area mean you are less likely to go through another buying process soon, but it can also be a good investment. Desirable areas boost demand, and demand, in turn, boosts house prices!

During the house viewing make sure you ask questions about the neighbourhood, the average asking prices nearby, and transport links. If you are planning on raising a family, it is also recommended you ask about the quality of the schools in the area.

Is the property freehold or leasehold?

Although similar sounding, leasehold and freehold are a complete juxtaposition. A freehold means you own the entire property and the land which surrounds it, and on the other hand leasehold means you own the property for the duration of the lease.

This can have vastly different parameters for renovating or making big structural renovations to your property. So, if you are big on renovation perhaps avoid freehold leases.

Why has the current owner put their home on the market?

Understanding a seller’s motivation can strengthen your position as a buyer. As such, one of the most valuable first-time buyer questions to ask when viewing is the reason for the sale.

If a seller’s motivation is for a quick sale, then this can put you on the upper hand as a buyer. This motivation can make big savings, by making a lower offer than what is on the market.

How long has the property been on the market?

If a property has had a long-time on the market, it is normal to be sceptical. Ask yourself could it be that the valuation is too high? Or that the property is located in an undesirable neighbourhood?

With such a big purchase it is incredibly important that you are making the right decision. Regret is an expensive state of mind to enter in property!

What is included in the house sale?

You wouldn’t buy a phone contract without asking what’s included and with a large investment like a house, this should be no different.

In the early stages of a house deal, make sure to ask for an inventory that outlines whether white goods and furniture are included, for instance. If not, you can amend your budget accordingly.

Commenting on the research, Nima Ghasri, Director at Good Move, says: “For anyone purchasing a house is a big step, and for a first-time buyer this can be a big landmark in their life. This is likely to bring up a lot of questions, which can be incredibly overwhelming. Therefore, we hope that by providing some clarification we can assist we can help first-time buyers achieving their dream home with reduced stress (and cost)!”

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(Seen  August 2021

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Removals Company in Mansfield

 A Guide to UK Renting

The pandemic has led to a change in the costs of buying and renting a home across the UK. And according to recent figures, renting is now cheaper than buying for the first time in six years.

With searches for ‘houses to let near me’ up by 377% and some of the most asked questions covering ‘renting, what to know?’ and ‘what is fair wear and tear?’ GTSE, the one-stop shop for home and workplace solutions, has teamed up with various property experts to unveil the dos and don’ts of renovating a rented property, for renters looking to spruce up their pad.

  • Painting

Are you allowed to paint the walls, or how do you find out if you’re able to? Helen Hollingsworth, lettings partner at Bramleys says: “Not without the landlord’s permission. Some may allow you to paint as long it’s to a good standard, whereas others may ask you to return the walls to their original colour before you leave.”

Chris Salmon, Operations Director at property law specialists, Quittance adds: “I’d advise renters to opt for lighter colours or oil-based paint as this will make it easier to repaint walls if needed.”

  • Drilling, putting up pictures and mirrors, etc

“It’s always best practice to gain permission from your landlord to put up an agreed amount of picture hooks, and whether you can leave them in when you leave,” Helen comments.

Chris also comments: “Sometimes you may be expected to pay for repairs for any holes that you drill in the wall, either directly or through your deposit. We would therefore recommend that you opt for hooks and if you have to make holes in your wall, make them as small as possible to minimise any costs accrued.”

  • Removal of carpets, having new flooring fitted, painting floorboards, etc

“This would need to be done at the discretion of your landlord or lettings agency. Don’t make any changes without their permission. Landlords will be more amenable to this if they can get samples of the carpet that you want to fit and can vet any tradesman used,” explains Chris.

Helen also explains: “More often than not, changes to the flooring are not worthwhile due to the length of time many tenants plan to stay in the property.”

  • Removal of furniture that’s already within the property, if fully furnished

“Usually, you can’t remove furniture, as you have taken the property knowing it’s fully furnished. In this case, the best thing to do would be to securely store the landlord’s items until you vacate the property and then put the items back in their original place,” says Helen.

Chris also says: “Remember that the furniture is the landlords’ possessions, so you can’t just dispose of it. It’s worth asking your landlord if they have any local storage space (this is not uncommon among landlords, especially those who have several properties in the area). They might let you use it to store the furniture in question.”

  • Having blinds or curtains fitted

Helen comments: “Again, you should not fit any blinds without the permission of the landlord as the fixings will potentially cause damage on removal when you leave. Also, you may need to attach blinds to tiled surfaces which the landlord may not wish for you to do.”

On toof the above, Chris also comments: “We would always recommend going with removable blinds. If you get blinds fitted without your landlord’s permission and they want to have them removed at the end of your tenancy, thethe cost of removal can come out of your deposit.”

  • Pets

Whilst having a pet doesn’t necessarily transform a rented property, they’re an emotive topic for renters and landlords. Helen explains: “Pets often divide landlords and tenants. Renters with pets sometimes struggle to find accommodation that will accept them.

“If you move into a property with a tenancy agreement that does not permit animals, never get a pet without speaking to your landlord first. There will most likely be a clause in your contract that says you cannot keep pets. If you decide you may wish to have a pet or if someone else is going to move in with you, always check beforehand as the paperwork may need altering to reflect the changes.”

If you’re new to renting, it can be difficult to understand what is and isn’t permitted. So, it’s crucial to get permission for any changes you wish to make, such as decorating.

Kirstie Batty, Head of Merchandising at GTSE, says: “If you get permission to make changes, make sure you have this written as an agreement with signatures from relevant parties.

“However, when viewing a property, you wish to rent, it’s always best to flag parts of the property you’re unhappy with before signing a contract as you may be able to negotiate to get new carpets, or walls painted, etc, before moving in. This could save you time and money. Also, carefully check the inventory report and dispute anything you don’t agree with or consider adding additional photos to avoid any disagreements at the end of the tenancy.”

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(Seen  July 2021

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(Seen  June 2021

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New Homes Works to Begin on 71-home Development in Retford

Taggart Homes has begun leading works on a new £19m residential scheme in Nottinghamshire are set to commence in summer 2021.

Located in the old market town of Retford, in north Nottinghamshire, the development known as ‘Bracken Lane’ will consist of 71 two, three, four and five-bed properties ranging from £195,000 to £475,000.

Due to complete in winter 2022, the new homes will comprise different property types including detached and semi-detached – all finished to the finest quality with high specification fixtures and fittings throughout, as well as landscaped gardens; as is typical from leading home builder, Taggart Homes.

Michael Taggart, chief executive officer of Taggart Homes, said: “Bracken Lane will be an attractive new development bringing high quality homes to a desirable location in north Nottinghamshire. The range of properties will suit all types of homebuyers – from first timers, to families and those looking to downsize. As with all of our developments, high spec fixtures and fittings, quality materials and meticulous attention to detail are paramount and will make these homes a modern, wonderful place to live in a location that offers so much.”

The Bracken Lane development lies within walking distance of the historical market town of Retford – a desirable location offering a range of amenities including a town centre and an array of high street shops and independent bars, pubs and restaurants.

Situated on the northern side of Bracken Lane to the south east of Retford, homes will be partially enclosed by established mixed native hedgerows and mature trees, with accessible links to local transport routes such as Retford train station and the A1 motorway nearby.

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(Seen  May 2021

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Vast Majority of Property Transactions Since May 2020 Backed by Mortgages

Mortgages have fuelled 70% of property transactions across Great Britain since the market reopened back in May of last year, after initial lockdown restrictions were imposed, according to research by broker firm Enness Global Mortgages.

While 270,785 of the 387,667 homes sold across Britain (70%) have seen the buyer backed by a mortgage, there is some regional difference. In London, 80% of all sales have come through homebuyers with a mortgage, with the East of England, West Midlands (72%), the South East and East Midlands (71%) also coming in higher than the national benchmark.

In contrast, the South West is home to the most cash homebuyers with just 64% of homebuyers purchasing via a mortgage.

With the capital home to the largest regional percentage of mortgage-backed purchases, London also accounts for the top three highest at local authority level. Lewisham is the mortgage hotspot of Britain for homebuyers with 88% of all transactions financed via the sector, followed by Barking and Dagenham and Waltham Forest (87%).

Slough and Crawley are home to the highest percentage of mortgage-based purchases outside of London along with Hillingdon (86%).

At the other end of the spectrum, just 40% of transactions in East Lindsey have been financed by a mortgage since the market reopened in May of last year. North Norfolk (43%), Argyll and Bute (44%), Torridge, Ceredigion (45%), Scarborough (48%), Rother, South Hams and Pembrokeshire also rank with some of the lowest levels of mortgage-financed transactions.

Enness Global Mortgages CEO Islay Robinson said:

“A lot has been made about the boost in buyer demand due to the stamp duty holiday, but it’s the continued low rates of borrowing that have really been the foundation of this heightened market activity.

While a stamp duty saving is nice, the ability to secure finance at a much lower rate of interest than historically possible has brought about a major boost to market sentiment in recent years and the impact is clear, with 70% of all transactions financed as such.


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(Seen  March 2021

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Lockdown helped third of UK homebuyers get onto property ladder

A third of UK homebuyers have been helped onto the property ladder due to lockdown according to new research by Yes Homebuyers.

A further 33% said working from home and a lack of commuting helped their savings, a reduction in family costs helped 10%, while 6% received an inheritance due to bereavement and 5% saved on rent due to moving back home with their parents.

Matthew Cooper, founder and managing director of Yes Homebuyers, commented: “There’s no-one on the planet who wouldn’t like to erase the last year from history and lockdown has been hard for so many people for a whole variety of reasons.

“At the same time, there have been some great stories of resolve, survival and adaptation emerging across all areas of life and this is indicative of our nation and how we come together when times are tough.

“While we’re all chomping at the bit to get back to some form of normality, it’s also great to see that for a third of homebuyers lockdown has, at least, helped them to achieve their goals of homeownership.

“With little else to spend our money on and a further saving due to the stamp duty holiday, there’s never been a better time to get a foot on the ladder and hopefully, many more will continue to benefit.”


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( Lockdown helped third of UK homebuyers get onto property ladder)
(Seen  March 2021

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Stamp duty holiday to be extended by three months

The stamp duty holiday will be extended by three months to the end of the June, The Times reports.

While it was reported that ministers would opt for a six-week extension for those already in the process of buying a house, mortgage lenders apparently told ministers this would not be long enough to stop sales falling through.

It seems likely the extension will just be for those already in the process of buying a house, or who have received a mortgage offer by a particular date.

An announcement on stamp duty will likely be made when Chancellor Rishi Sunak delivers his budget on March 3rd.

Rob Houghton, chief executive of really moving, said: “This policy has been critical in keeping the housing market moving through the pandemic but I would urge the government to restrict this extension to buyers already in the conveyancing process – so those who have had their offer accepted and appointed a solicitor to undertake the conveyancing work.

“This gives buyers who began their homebuying journey in good time but have been subject to delays, a new window to complete.

“While the holiday has been helpful for second steppers and those higher up the ladder, it has also caused prices to rise dramatically over the last year at the expense of first-time buyers.

“They have faced greater competition for homes, price increases and a restricted mortgage market – which led to a 12% fall in the proportion of first-time buyers in the market in the second half of 2020.

“Encouraging a new rush of buyers into the market could once again have a detrimental effect on first-time buyer share which has recovered strongly since the start of the year, back up to 58% of transactions from a low of 46% last September.”


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(Seen  January 2021

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The property market will continue to run despite the government introducing new lockdown measures.

Prime Minister Boris Johnson has instructed people to stay at home where possible, while schools and nonessential shops have been closed.

However viewings are still possible, while surveys are still being allowed to go ahead.

Tomer Aboody, director of property lender MT Finance, said: “Unlike the first lockdown, estate agents remain open for business and both sellers and buyers are still keen to proceed with their transactions.

“With lawyers, valuers and agents all still working, this should limit any further delays to transactions.

“It is now down to the comfort level of sellers in terms of allowing potential buyers in to view their homes and buyers feeling comfortable attending viewings. Extra caution will be taken on all sides to allow viewings to proceed.”

He added: “Our appetite to lend has not changed whatsoever. We feel the market won’t be disrupted as it was last year because there is an end in sight, thanks to the rollout of the vaccine programme.

“This, along with the fact that valuers and solicitors can still work and there is still access to properties, should provide further confidence for the housing market as a whole. Borrowers, in turn, will feel more confident that their transactions will complete.”

Jeremy Leaf, north London estate agent and a former RICS residential chairman, does expect the property market to be impacted.

He said: “While the property market remains open for business, the new lockdown will have some impact on surveyors, removals firms etc and in the circumstances, it would be prudent for the Chancellor to reconsider the stamp duty deadline.

“Those who have moved heaven and earth to meet the deadline should not now be penalised if they miss it through no fault of their own.”

Paul Offley, compliance officer at The Guild of Property Professionals, said estate agents have a moral obligation to work as safely as possible, given the situation.

He said: “With the rate of infections increasing once again due to the highly contagious variant of Covid-19 making its way through the country, now more than ever agents have an obligation to continue to act within a safe manner to ensure that they are protecting the public and doing what they can to minimise the spread of the virus.

“While physical viewings may be permitted by the government, given the current circumstances and resurgence of the virus, agents should ensure that physical viewings only take place as the very last step once they have gone through much of the process with potential buyers virtually.

“In fact, I would go as far as to say that in the current situation with the increased rate of infections, agents have a moral obligation to ensure that all buyers are taken through the process of virtually viewing a property before any face-to-face appointment takes place.

“Buyers should also consider whether there is a genuine need for the appointment to take place now or consider whether the appointment could be deferred until restrictions are eased.”

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(Seen  January 2021

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