Property Market News in Plymouth

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Read our expert advice on how to reduce the risks of investing in property in Plymouth

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Why Plymouth rents are reliant on the strength of the local economy

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Plymouth Rents Set to Rise to £1,151pm in Next 5 Years

Its now been a good 12/18 months since annual rental price inflation in Plymouth peaked at 3.4%. Since then we have seen increasingly more humble rent increases. In fact, in certain parts of the Plymouth rental market over the autumn, the rental market saw some slight falls in rents. So, could this be the earliest indication that the trend of high rent increases seen over the last few years, may now be starting to buck that trend?

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Increase in Interest Rates to cost Plymouth Home Owners £214.85 a year

Plymouth homeowners will be among those affected by the latest rise in the Bank of England interest rates. The first increase in 10 years; they have just been raised from 0.25 percent to 0.5 per cent. This uplift comes as inflation hits a 51-month high of 2.9 per cent whilst the national unemployment rate is at an all-time low of 4.3 per cent.

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Market Report December 2016

What a year its been! The words Brexit and Trump have caused division and confusion on a global scale and the political landscape as we enter 2017 is very different to the one we are used to.

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Buy to Let

This week our newsletter considers some of the practical elements when it comes to deciding if you should buy to let:

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Is your property on the market

Waiting in Hope?If your property is currently on the market, it may be tempting to assume that your agent is in full control of the situation, and that sooner or later a buyer will materialise. But dont be so sure! Sometimes an agent will take the same view and simply sit in hope, having apparently exhausted their own marketing options.

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Immigration Obligations for Landlords

The latest immigration regulations have a significant impact on private residential landlords and their agents. Landlords now have a legal duty to ensure that they do not rent their property to a tenant who does not have the right to live in the UK.

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Autumn's All Go!

With the summer, and the initial confusion over the Brexit issue, now firmly behind us, the market is active once again, and we actually find that we currently have far more buyers than we do stock, but predict that there will be a run of properties coming onto the market in the run up to Christmas.

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Will Brexit affect the UK housing market?

As election results go, they don't come much more momentous than Britain's recent referendum on the European Union. The historic vote to leave the EU has created uncertainty across the UK economy, and the housing market will

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5 tips on keeping your property secure this summer

Based on the weather of the last few days its time (perhaps temporarily) to celebrate the arrival of the Great British Summer. Unfortunately, as the temperatures are set to increase, so is the likelihood of a burglary. The warmer weather encourages us to leave our windows open and doors unlocked whilst we sit in the garden enjoying the sunshine. To secure your property and belongings, there a few things you can do to make your property a less appealing target for thieves. So whether home or away, follow these tips to keep your property safe this summer.

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