Over the years there have been a number of ‘light touches’ touted as a way to impress potential property buyers. The aroma of freshly baked bread and brewing coffee? Great for making your property feel homely and masking less attractive whiffs. A neatly-folded pile of clean, fluffy towels in the bathroom? An easy way to give off five-star hotel vibes. Fresh flowers and a fully-stocked fruit bowl? They draw attention away from less desirable areas and add colour to a drab space.
Keeping tenants safe is of paramount importance and there is legislation that ensures the UK’s privately rented homes are fit for habitation. An important milestone in England has brought one area of safety back into the spotlight.
Competitive pricing is the story of the summer. The theme was highlighted in Rightmove’s latest House Price Index, with asking prices dropping 1.2% in July to an average of £373,709. This adjustment reflects the improved supply of properties for sale.
Earlier this year, it became apparent that home buyers aren’t that fussed about finding the ‘perfect’ property. A Rightmove survey of 34,000 home movers found 73% of those leaving rented accommodation viewed fixer uppers as a more affordable route to property ownership. Additionally, 73% of existing homeowners wanted to buy a property that needed work in order to create their dream home.
Younger Millennials (born between 1991 and 1996) and those in Generation Z (1997-2012) still see a future in property investment. That was the surprising finding of a new survey of 2,000 UK adults conducted by Opinium on behalf of Market Financial Solutions.
Avid readers may remember our blog on colour drenching – the interior design trend that sees every surface in one room – walls, ceiling, woodwork and radiators – painted in the same colour.
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