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House Price Index – June

Sales still strong, but prices fall in June for first time since 2009 The number of sales agreed at this time of year is the second highest for ten years, only slightly lower than the high of May 2014. However, spring price momentum stalls as price of property coming to market drops by 0.4% (-£1,172), the first fall in June since 2009 at the height of the credit crunch, and the first fall this year Some markets strug. READ MORE

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HOUSE PRICES SET TO GROW IN 2017

The OBR predict that house prices will increase by 3.4% during 2017. This would make the average home across England and Wales £236,890 by the end of the year, a rise in value of £7,789. The value of properties across London, South East, South West and East of England are all expected to rise by more than £7,789. The average price of a home in London would rise by over £16,000. Based on an average median household in. READ MORE

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The aftermath

How do house prices change after elections? Based on an analysis of house prices in elections since the 1955, in the year immediately after an election house prices have risen by 5.8% under a Conservative government and 4.9% under a Labour government. House prices under the coalition government of 2010, fell by 3.4% in the first six months before rebounding to an annual growth of 2.2%. Not since February 1974 has the UK bee. READ MORE

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Popular New Homes. Sought after location. Ready to Move in now!

House buyers looking for their perfect brand-new home on the outskirts of Dartmoor National Park can find it at The Tors, Bovey Tracey. What’s more, they won’t have to wait for it to be built so they could be in their dream home this summer!   Local independent housebuilder, Devonshire Homes, is encouraging home buyers to visit The Tors to see the stunning homes, some of which are ready to move into now. People . READ MORE

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RECORD LOW MORTGAGE RATES

The Yorkshire Building Society has just launched a mortgage rate of 0.89% for 2 years, reported to be Britain’s lowest ever rate. This deal is not fixed and is restricted to house buyers borrowing no more than 65% of the property’s value, mortgage rates. Low mortgage rates (along with Government housing schemes) are helping to attract first time buyers into the market. The Council of Mortgage Lenders report that there w. READ MORE

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ELECTION TO DELAY SPRING MARKET BOUNCE?

General Elections, traditionally held in May or June, have historically had the effect of dampening the usual Spring rise in the housing market. Buyers do not like instability and an Election brings a further level of uncertainty. However, there is also evidence to suggest that transaction levels pick up in the immediate aftermath of the vote. However, with the unexpected timing and short run up the Election on 8th June, it. READ MORE

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Devonshire Homes offers added extras in Bovey Tracey

Local independent housebuilder, Devonshire Homes, is offering added extras at their Interiors Weekend to be held on 3rd and 4th June for home buyers at their The Tors development in Bovey Tracey by including flooring, carpets and a brand new washing machine*. Reservations made over the first weekend of June will benefit from the Interiors Event offer in addition to the stunning features you already get with a brand new, hig. READ MORE

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New Branch Manager in Teignmouth

Complete Estate Agents are delighted to welcome their new Branch Manager, Beki Roberts to Teignmouth. Along with managing the office, Beki will be carrying out the valuations throughout Bishopsteignton, Shaldon, Teignmouth, Dawlish and the surrounding areas. Beki is very passionate about what she does, she was born in Dawlish and grew up in Teignmouth and has extensive local knowledge – exactly what you need when working . READ MORE

The Old Post Office

Old Post Office Makes Perfect Family Home

This lovely three storey property in Ilsignton dates back to around 1790 and was originally two cottages. It was later turned into a cottage and The Post Office and today has been refurbished to provide a light and spacious family home. Set in the heart of this popular village just a short stroll from the village shop, school and the superb local pub, well known for its food and drink. This charming home offers a handy entr. READ MORE

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Architectural Gem Open For Viewing

Local developer Regal Heritage have spent a number of months meticulous redesigning and refurbishing a collection of historic properties in St Marychurch, Torquay, which are now available to view. Originally designed as four grand houses in the 1840s, this complete crescent subsequently fell into disrepair before being carefully rejuvenated and repurposed to meet today’s tastes and needs. The unique collection of two-,. READ MORE