Properties Going Under Offer Much Faster Than Five Years Ago

Figures from Strutt & Parker actually suggest the time it takes properties to reach the accepted offer stage has improved in the past five years even though Government may want to speed up the home buying process.

Strutt & Parker analysed listings data for between August 2016 and August this year and compared it to the same period in 2012.Over that period, the time taken for a home to go from listing to under offer or SSTC dropped from 87 to 61 days.

Bristol was the fastest with properties listed as going under offer or SSTC in an average of 34 days, while Glasgow has seen the biggest improvement, from 93 to 37 days.

London sellers, on the other hand, are facing an above national average wait to see properties reaching the SSTC stage at 63 days, only two days faster than in 2012.

There are several cities that are now seen as alternatives to London. They offer career opportunities and a contemporary lifestyle, and appeal to people who have been priced out of the capital’s housing market,” said James Mackenzie, head of country houses at Strutt & Parker

Bristol is the perfect example: it has a booming tech hub, a broad range of housing stock and a fashionable harbour area. It is also commutable to London.As technology allows for more flexible working, the ability to commute for two or three days a week to the capital is having a significant effect on regional markets.”

Is your agency in one of the fastest selling property hotspots?

Days to “sold subject to contract” 2017
Bristol 34
Coventry 35
Edinburgh 36
Glasgow 37
Gloucester 39
Portsmouth 40
Southampton 40
Cambridge 40
Birmingham 42
Norwich 44
UK average                 61

 

HOW TO PERSONALISE YOUR RENTED SPACE

Making a rented space your home is a very tricky task especially as it isn’t your actual home, it’s someone else’s and your just renting it. But never fear Property Property Property is here with some tips and tricks on how you can convert your rented space from being just a rented space to your home.

Seek Permission from Landlord

First of all, make sure you have the permission of your Landlord. If you’re fortunate to have a flexible Landlord who doesn’t mind you suggesting and getting some paintwork and upscaling done on the space, then take advantage of that! However, if you’re Landlord is stricter and doesn’t allow permanent changes (even though painting isn’t permanent), still seek their permission for any changes you may be making to their property.

Now let’s begin….

1. Walls

A majority of the time we want to change and customise our walls, because of walls. So we recommend that your use removable wallpapers that reflect your personality in your rented space, as this will bring to life your character and make you feel homier. Also consider doing a faux wall DIY project, an amazing alternative.

2. Sticking stuff

If you’re into gallery walls or just having paintings/quotes stuck up on your wall for inspiration but your Landlord doesn’t want you nailing stuff on his walls, then we’ve got your back! Consider getting some double-sided tape, blu tack or specific customised adhesive tapes as this will ensure that you can get your gallery wall, without the expensive of drilled walls and an angry Landlord.

3. Flexible furniture

This is one of the most important things you can do! Get flexible furniture as you could easily move it around. If you’re tired of the way your space is set up, with flexible modular furniture you can just opt and switch up the structure and layout of your room at any time.

4. Decorate, Decorate, Decorate

Property Property Property advice you’re to Decorate Decorate Decorate! Adding textiles that interest you or changing the lighting accessories; anything that wouldn’t make permanent changes to your rented space but reflects your personality, you need it!

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Also if you have any tips that you could recommend to us, share them in the comments and we’ll be highlighting them in our upcoming articles in the ‘Home Improvement’ series.

 

HOW TO ACCURATELY THEME/COLOUR MATCH YOUR HOME

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The task of decorating your new home can be quite daunting. If you’re like me and don’t have one specific theme or idea that you are going for then consider these points when decorating your space.

Group Inspirations/Ideas

The internet is a great tool when curating mood boards and also sourcing inspirations. Websites and applications such as Pinterest, We Heart It and Hometalk is great places for you to get ideas on how you want to decorate your living room to your bathroom.

List What You Like

Make a list of things you like. For instance, if you’re heavily into plants, then make a list of the different plants you like and the colours associated with them, that way you can select your colour scheme based on your likes.

Your Personal Style

In the times we live in, we currently have minimal restrictions on how we dress or what our personal styles are; so why not implement that into your home. If you’re into floral prints in your cardigans, skirts, tote bags or whatever, then you’ll more likely be drawn into having floral prints in your home.

Customise each room

Sometimes we really can’t choose one theme or one colour scheme for our home. But who said you have to stick to one theme? You don’t!

It may be an unconventional idea, but why not have various themes in your home, and they can all vary from room to room. After all, it is your home, so you have all the control on making it your comfortable place, and if it means having contrasting colours/themes on the top floor, then go for it.

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Also if you have any tips that you could recommend to us, share them in the comments and we’ll be highlighting them in our upcoming articles in the ‘First Time Buyers’ series.

[Opening image sourced from Knight Partnership Cambridgeshire listing, check out the property now http://bit.ly/2jVWUjR]