1. Overpricing
It turns off buyers and the home might sit out longer on the market without an offer. 
2. Not addressing repairs
With a little care, one can manage to present their home nicely and land a series of offers. 
2. Not addressing repairs
With a little care, one can manage to present their home nicely and land a series of offers.

4 mistakes to elude while selling your house

4 Mistakes to Avoid While Selling Your Home

The number of mortgages approved by lenders in Britain ↓ in Oct to its lowest since June 2020.Lenders approved 58,977 mortgages for house purchase in Oct, ↓ MoM from 65,967.Consumer borrowing ↑ in net terms by £769M in Oct, ↑ MoM from £608M.

UK loan approvals hit lowest since June 2020

UK mortgage approvals hit lowest since June 2020

According to HomeLet, rents have leapt 2.3% in Greater London in the last month, taking the avg to £1,989.
Being flexible on location will vastly boost your chances of finding a place of your own within your budget
Here’s a round-up of what’s on offer in London’s most affordable boroughs.
Croydon
London Borough of Culture 2023, attractive to new buyers, who pay on avg £346,530.
Barking & Dagenham
Starter homes in Barking & Dagenham cost £325,070 on avg, less than anywhere else in the capital.

London’s most inexpensive boroughs

London’s Most Affordable Boroughs

1. Get your finances in order, since you need:
Steady household income
Solid job security
Good credit score
2. Research about all the costs associated with homeownership such as home insurance, taxes, and maintenance.
3. Work with a knowledgeable Real Estate agent who is familiar with the area.
A knowledgeable Real Estate agent will know about home values and tell you if the list price is accurate.
They will also know if there is a lot of competition for a property or whether the homeowner is in a hurry to sell.

What are some tips for buying a house during a recession?

What Are Some Tips for Buying a Home During a Recession?

The avg price of a new build in the UK currently stands at ~£407K, but what is the most affordable area?Hyndburn, in Lancashire, is a countryside location where Britons will find the cheapest new properties.

 An avg price in the Hyndburn district is ~£137K

Cheapest Area in the UK to purchase a house

Cheapest Area in the UK to Buy a New House

Moneyfacts reports that the mortgage lenders are offering 5.95% on avg for a 5-yr fixed-rate deal.The aveg 2-yr fixed-rate mortgage remains above 6%, at 6.13%.By October 20, the avg 5-yr deal was 6.51% and a 2-yr product was 6.65%.House sales held steady in October, with the volume of transactions ↑ 2% MoM.

UK fixed loan rates drop for first time since October

UK fixed mortgage rates drop for first time since October

Properties in Great Clifton had an overall avg price of ~£121K over the last year.The majority of sales in Great Clifton during the last year were terraced properties, selling for an avg price of ~£99K.Semi-detached properties sold for an avg of ~£128K, with detached properties fetching £240K.

House prices in Great Clifton

House Prices in Great Clifton

The UK base rate ↑ to 3%, the Bank of England has announced, which will affect any mortgage holder not on a fixed rate deal.
After the latest increase to interest rates, it’s important people know what mortgages best suits their needs.
Repayment mortgages
Repayment mortgages, and repay some of the capital amount borrowed, as well as some of the interest on the loan each month. 
First-time buyer mortgages
For many first-time buyers, a 95% mortgage can help, as with a home loan at 95% loan-to-value (LTV), buyers need to raise a deposit of only 5%

A guide to loan types for first-time buyers

A Guide to Mortgage Types for First-Time Buyers

You should know that holiday buyers are more serious, and make more competitive offers.
Holiday decorations can add some holiday spirit to your home that buyers enjoy. 
Pricing your home competitively will help to increase your chances of selling it quickly.
Clear your schedule as much as possible to accommodate agents and potential buyers to get more showings.

Tips for holiday house deals

Tips for holiday home sales

Typical house prices in the home counties have grown at a much higher rate than those in London since 2010.
Buckinghamshire experienced the biggest price leap, with values ↑ 70% since 2010 and the avg property ↑ from ~£290K in 2010 to ~£491K in 2022.
Meanwhile, West Sussex, Surrey and Hertfordshire ↑ ~50% in their housing prices since 2010.
This is compared to London’s housing market ↑ 34% from ~£413K in 2010 to ~£553K in 2022.

Home counties house prices in 12 Years

Home Counties House Prices in 12 Years

The avg house price in Britain will ↑ 6.2% or >£22K by 2027, despite it being expected to ↓ 10% in 2023.
Considering Britain’s mainstream housing market, the avg house price will reach ~£382K by 2027.
House prices are assumed to recover from 2024 as interest rates and affordability pressures ease, after the expected fall in 2023.
First-time buyers and buy-to-let investors will bear the brunt of increased affordability issues in 2023, adding to pressures on rental prices.

2027 forecasts for Britain’s housing market

Be up-to-date about the current trends and market changes, to set a realistic plan for selling your home.
Don’t stop selling in December, because anyone who is looking now is serious.
Find a professional Real Estate agent who knows your local market well.
Remember that aside from continual shifts in the market, some properties do take longer than others to sell.

Localized Real Estate Videos
to Win Leads using UK real estate Social Media Content

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4 Mistakes to Avoid While Selling Your Home

UK mortgage approvals hit lowest since June 2020

London’s Most Affordable Boroughs

What Are Some Tips for Buying a Home During a Recession?

Cheapest Area in the UK to Buy a New House

UK fixed mortgage rates drop for first time since October

House Prices in Great Clifton

A Guide to Mortgage Types for First-Time Buyers

Tips for holiday home sales

Home Counties House Prices in 12 Years

2027 forecasts for Britain’s housing market

Top tips for selling your home this winter

Localized Real Estate Videos to Win Leads using UK real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready Real Estate Videos

4 Mistakes to Avoid While Selling Your Home

UK mortgage approvals hit lowest since June 2020

London’s Most Affordable Boroughs

What Are Some Tips for Buying a Home During a Recession?

Cheapest Area in the UK to Buy a New House

UK fixed mortgage rates drop for first time since October

House Prices in Great Clifton

A Guide to Mortgage Types for First-Time Buyers

Tips for holiday home sales

Home Counties House Prices in 12 Years

2027 forecasts for Britain’s housing market

Top tips for selling your home this winter

Localized Real Estate Videos
to Win Leads using UK real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready
Real Estate Videos