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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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Property Technology – Setting our Business Apart

The opportunity to modernise property technology is not new. In fact, there have been three waves of PropTech since the 1980s, and each wave mirrored trends in being able to create efficiencies and bring automation to customers in a developing market. However, systems have rarely been able to reach inside homes until the Covid-19 virus propelled the digitisation of customer and supply-chain interactions by...

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Expert Insights: A Chartered Surveyor’s View of the Current Property Market

A lack of new homes for sale in the UK boosted prices again last month even as the housing market slowed following a partial withdrawal of a pandemic emergency tax break for property purchases. On 1st July 2020, the government announced a year-long cut to help buyers whose finances were affected by Covid. Until June 2021, homebuyers didn't have to pay stamp duty on the first £500,000 of a purchase price....

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Block management, health and safety compliance, and the need for urgent building safety reforms

Michael Gove has been named the new Minister for Housing, Communities, and Local Government. The sometimes controversial MP replaces Robert Jenrick, who was removed from the role in Boris Johnson's recent cabinet reshuffle. As the new housing secretary, Mr. Gove will decide where and how new housing should be approved and oversee a new building safety regime and a shake-up of the planning system. Former...

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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...

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Read all about it! Your landlord and tenancy legislation round-up from Watsons Property

Each month we bring you the latest news on key landlord and tenancy policy and legislation with a quick round-up all in one place.   Dozens of amendments to the Building Safety Bill to be debated by MPs Housing Today (5 min read) The Building Safety Bill is a significant piece of new legislation that’s been making its way through parliament, this month. Fire safety for high-rise buildings...

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!