Residential Sales

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Norwich Homeowners to Face Post-Lockdown Mortgage Rate Rise of £753 a Year

With grocery, energy, and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head. Yet nothing could be further from the truth for many Norwich homeowners and Norwich landlords. Because inflation over the long-term is bad for the economy, the normal weapon of choice to...

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Has Buy-to-Let Changed the Norwich Property Market?

The ‘Buy-To-Let’ (BTL) mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer BTL mortgages has changed the face of the Norwich (and national) property market? But has it been a good thing? Or has it ruined the dreams of many 20 somethings wanting to get on to the property...

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Are Norwich house prices set to fall this Autumn?

The stamp duty holiday is over, the furlough finished at the end of September, unemployment is due to rise and inflation is rife … is this the end of the post lockdown Norwich property boom? Surely, we are heading for house price correction? Forecasting what will happen in the Norwich property market this autumn may not be as simple as it first appears. It’s true the Norwich property market is...

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Now is a great time to consider borrowing for current and aspiring homeowners – Mortgage Update with Yellow Brick Mortgages

We recently caught up with Greg Marcham, Managing Director of Yellow Brick Mortgages to talk about the current mortgage market for existing and aspiring homeowners. Yellow Brick Mortgages are our preferred mortgage broker. They enjoy a 5 out of 5 rating on Trustpilot based on 1700+ reviews so, they come highly recommended.   https://youtu.be/O75mtuPcigs   Interest rates are low! Interest...

Five Occasions Where Property Specialists Can Help You

Property specialists can be very useful to have when you need them. Most people are not experts in anything to do with their property and this can result in some serious issues arising. When you don’t know enough about a topic to make informed decisions, you should bring in an expert. This is exactly what you should do with anything related to property. Watsons will ensure that you don’t make a...

What to Expect from a Right to Buy Valuation

When you carry out a right to buy valuation, it’s more than just a quick look at the property. It’s very involved and is designed to give you an accurate price for the property. What Is ‘Right to Buy’? Right to buy is a specific scheme meant to help council home tenants and some housing association tenants purchase their property. They will get a discount on the property, as long as they can fulfil...

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Understand Property Surveys as a First-time Buyer

As a first-time buyer, you may be eager to find an amazing property and get moved in as soon as possible. However, it’s also important to manage avoidable problems along the way such as buying a home that’s not as well maintained as your first thought. House surveys are a great solution. By providing a clear assessment of a property’s condition you can avoid unexpected repairs! Here’s all you need...

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Have a Happy Easter!