Welcome to your monthly property update!

Welcome to your monthly property update!




Landlords, do you want to know how to rapidly expand your property portfolio?

 
The demand for your rental property is huge right now, with demand per available property spiking last year by 250% above the 5-year average, while the demand for rented homes remains 10% higher than this time last year.* Interestingly, many landlords who have reached retirement age are selling part or all of their portfolios, giving you the chance to rapidly expand your portfolio with rental-ready properties.

Rents are increasing
Your investment is secure. Rents have increased by 20% in the past three years, increasing by 11.1% in the past twelve months to March 2023.* This means you have the financial means to reinvest in your portfolio, finance improvements, and meet legislative changes. With such great returns on investment, you are a safe bet for banks.

New opportunities
Smaller, more energy-efficient homes are in demand; increasing numbers of students are looking for accommodation; and a widening demographic of people are renting for longer. With larger homes arriving on the market with good scope for negotiation and development, the opportunities are endless. It’s no secret that larger homes are selling a little more slowly than those in the first-time buyer market. The opportunity to buy a larger property and transform it into multiple lets is, provided you get the numbers right, a fantastic way to increase your rental yield.

More buy-to-let mortgage choice
There are over 2,400 different mortgage deals available if you are buying a property to let.* If you are buying an existing portfolio or an existing rental property, then you are far more bankable than starting from scratch. This will mean you can rapidly expand your portfolio without hesitation and established rental properties may have tenants living in them already.

Buy rental-ready properties
Some landlords who are retiring or have not done their research have been scared by legislative changes. Choosing to sell their rental-ready, buy-to-let properties gives you the opportunity to rapidly expand your portfolio. Every industry goes through big changes at some point. The Renters Reform Bill is currently passing through Parliament, and though it will not become law for some time, some less informed landlords are exiting the market, citing this and other legislative changes as the reason. The reality is that if you do your research, all these changes will protect your investment and create more opportunities for you to prosper.

Talk to your agent
Knowledge is the key to unlocking the secrets of success in the buy-to-let market. This is imperative in today’s reforming rental market. With so many changes taking place and so much to think about the right agent can guide you along the right road. A great investment starts with finding the right property, and that starts with the right agent. Managing your property and placing good tenants, which is becoming increasingly important, is something a good agent prides themselves on, not to mention local market knowledge and a vast database of buyers, sellers, and tenants.

Get in touch today to see how we can help take your property portfolio to the next level.

Zoopla*



How to evoke emotion with your home's colour paletteĀ 

 
Perhaps you have just moved, or maybe you are thinking about moving. It could be that you are decorating a recently acquired buy-to-let property. Whatever your reason for decorating, sometimes the hardest decision to make is deciding on colour schemes. There is an eternal spectrum to choose from, and matching and creating rooms that are visually what you were hoping for is no easy task.

Did you know?
Some research suggests that we associate certain colours of inanimate objects with certain emotions. Here are a few examples: orange: happiness or energy, yellow: cheerfulness, red: love, passion, or danger and blue: relaxation, to mention but a few.

Are you selling your home or letting your home?
If you are renting out your home, neutral, warm colours are the best. That way, you can play it safe and not run the risk of decorating to your tastes and alienating potential tenants or buyers. Paler, softer colours that encourage as much light as possible will make your home appear larger. While it is tempting to opt for two-tone effects, do so in a conservative manner, if at all.

Do what makes you happy
If you are decorating for your own home, then this is a different matter. When it’s time to sell up and move, the chances are that your buyer will have their own ideas and tastes when it comes to decorating. Instead, have faith in your own tastes. Learn to trust yourself while seeking the right advice. Experiment with colours, and don’t buy until you try. Use the samples you are provided with and paint until you are happy. If you are not happy, today any colour can be matched with some clever mixing technology. So, if you can’t find the right colour, you can have it made.

Soothing spaces
Bathrooms, bedrooms, and sitting rooms are often places where feelings of tranquilly are at the top of the pecking order of desired emotions. Shades of blue and green can be useful in creating such feelings. The softer the shades, the less impact they will have. A good way to make these themes work well is by adding the right complementary furniture. In the case of a bathroom, a contrasting suit will accentuate these emotions and may distract your eye from the intensity of large painted areas. A good tip is to break up walls with mirrors, plants, pictures, shelves, or tiles to create a greater sense of serenity.

Furniture and finishing touches
A great way to add colour to create your desired mood is by not paying too much attention to the walls and focusing more on your furniture, features, and finishing touches. Gone are the days when it was all about wallpaper and paint, with furniture being a simple afterthought.

Neutral and darker colours are great for a feeling of cosiness. Then, if you want to add a dash of colour with yet more cosiness built in, use mustard shades or whatever colour you love. Neutral colours work with everything, and when you get to the end of your decorating expedition, the impact of small plants on a simple, free-standing table can be pleasantly surprising. So, when it comes to creating the perfect mood for each room in the house, start with your furniture.

Browse our properties today to find a home that matches the life you want perfectly.



Home sales figures are looking strong for summer 2023

 
You are relaxing with a drink in the garden, and the summer scent of flowers and sweet grass mingles with whatever you are cooking on the barbeque. You take a long sigh and feel so happy that you have made the effort to move. Perhaps you have not experienced this feeling for a while. It could be that you are a first-time buyer and are eagerly awaiting this special and unique feeling. As the market stands, there is more than just nice weather and pretty houses to tempt you into moving.

Strong sales
With the UK housing market currently sitting at 500,000 sales, many analysts expect to see these figures rise to more than one million by the end of the year.* This is good news; it means that your home will sell quickly if you put it on the market. And is more proof that the property market is vibrant and far more resilient than the gloomy picture painted by the mainstream media.

The summer rush
Many people are hastily getting on the move in time for summer, not wanting to move during the colder months of winter. Summer is a beautiful time of year to move to your ideal home and is traditionally a busy time of year. For sale signs start appearing as quickly as summer flowers, giving you more choice. But it’s best not to wait for a sign to go up; keep in touch with your friendly agent, as homes can disappear from the market as quickly as they appear. Your agent will alert you the moment the right property for you becomes available.

Surging choice of homes
With 65% more choice in homes than this time last year.* The buying process today is far more enjoyable. You no longer have to worry about making offers over the asking price. From large and small energy-efficient homes that ooze character to new builds, and interesting period properties in a multitude of rural and urban locations, the choice on today’s market is more varied than ever. Homes across the market have undergone a massive amount of improvement during the home improvement boom of recent years. That said, there are plenty of projects waiting for you to put your mark on.

Summer is a great time of year to move
The kids are off school, the days are longer, the weather is not as harsh, and moving your belongings in more clement weather is a nicer experience. It’s also a great time to meet the new neighbours for a drink in the garden or a barbeque after you move in.

Good timing
Timing counts for a lot when it comes to selling your home, and right now the market is a hive of activity. A good agent will have their finger on the pulse and have a buyer waiting for your home to make its appearance on the market.

A vision of summer living
Bright and breezy rooms with seasonal flowers, drinks on the decking as the sun goes down, or the smell of something delicious cooking on the barbeque, or a simple, more compact space with a few candles and soft music soothing you after a hard day’s work are worth making the effort for.

Don’t waste any more time and make your move this summer?

Get in touch to see how we can help.

Zoopla*



First impressions last! Top tips on increasing your home's kerb appeal

 
You want your home to stand out, whether it’s first seen by your buyers in an image or from the kerb. That first glance is important. If the rest of your home is in great condition, the last thing you want to do is alienate potential buyers by neglecting the front of your home and creating the wrong impression.

The front door
If it’s wooden, give it a coat of paint and polish the metal work. If it’s really worn and damaged, consider replacing it. Sometimes darker colours will make your front door pop, so that when your home is viewed and welcomes potential buyers, they immediately feel good before entering your home.

The front lawn
Make sure the grass is green and trim. Use grass feed if there are any patches. Sweep and weed any paths or patio areas. If possible, use a jet wash to make your paving look like new again.

Clean your widows
Get your window cleaner to give your windows a good clean in time for viewings and pictures for your agent. Don’t forget your window frames; make the front of your house pop with the right colours; and repair any blemishes.

Add some paint
The front of your home will benefit from a coat of good paint. Check the pointing. Perhaps your home does not need any paint; don’t forget gates, fences, walls, and guttering. The little things all add up to make a big impact.

Flowers and plants
At this time of year, adding some vibrancy with a dash of colour will really help your home stand out. Less is more, and not everyone is passionate about the same flowers and plants, so be subtle and keep what you have in pristine order.

Furniture
Even if you have a small, terraced house with little space out the front, a small seating area can add to its appeal. For larger homes, create a vision of outdoor living that is just a taste of the splendour that will later appear, perhaps in the outdoor living space located at the rear of your property.

Conceal wiring or utility boxes
If possible, don’t allow all your hard work to be affected by unsightly wiring or an electrical, gas, or rusty mailbox. Get in touch with your energy supplier if it needs replacing, or simply give it a good cleaning.

Summer symmetry
Some things work best in pairs, and when it comes to making an entrance, a pair of ornamental flowerpots on each side of the door can do the trick. Lighting can also have the same effect as flower boxes.

Finishing touches
Hanging a summer wreath can really add some colour and show your new buyers that you love your home.

Will all of this add value to your home?
Yes. Anything that makes your home appear cared for and loved will help other people fall in love with it. While it will not drastically increase the value of your home, you may be pleasantly surprised.

Contact us today so we can guide you to the front door of your happy place.



Planet Circus OMG! - Hucknall12 November, 2023

Planet Circus OMG! Proudly presents acts from all around the globe in our sensational show for 2023.

Click here to read Planet Circus OMG! - Hucknall12 November, 2023.



Great news if you are expanding your property portfolio

 
 


It’s a good time to expand your buy-to-let portfolio in the ever-evolving landscape of the UK rental market. Opportunities often arise when you least expect them. As some landlords start selling their properties, a silver lining has emerged if you are expanding your portfolio, particularly if you are a seasoned landlord.

Rental-ready properties await you
The current climate offers a golden opportunity for individuals interested in acquiring buy-to-let investment properties. The demand for rental properties remains extraordinarily strong, and eager tenants are actively seeking properties to rent like yours. The databases of letting agents are filled with an increasing number of tenants waiting to rent a property. The good news is that you might even find properties with tenants already in place, ensuring immediate returns on your investment. With an existing tenant base, you can quickly start earning rental income, and your agent will source them and take care of the entire process for you.

Inflation is on a downward trajectory
The outlook for seasoned landlords is looking good. Inflation falling suggests that things are going in the right direction, and now is the time to invest. Projections suggest that interest rates and inflation are set to trend downward in the long term. With falling interest rates, your mortgage payments are likely to be more manageable, contributing to healthier profit margins. There are currently many mortgage products available, and if property prices rise again in the future, you will gain a better return on investment as the value of your portfolio increases. Perhaps you have good levels of equity, and cash is king right now which will reduce your need to pay interest.

Expert guidance
Smaller homes, ideal for buy-to-let investment, are arriving on the market, and a good agent will guide you through the best places to invest. Furnished properties that are ready to let, make your investment more straightforward. This allows you to prioritise cash flow, which can be used to gradually improve your property. By doing this, your portfolio will evolve over time, become more desirable, and, as such, command a higher price. This safeguards your investment and helps secure a promising future price.

Comprehensive property management solutions
Managing your portfolio today is no easy task. There is a lot to juggle, and the buy-to-let market has become a little more complex. Staying on the right side of the law is important if you want to avoid fines. Property maintenance can be time-consuming, and changing legislation can become confusing. This has perhaps caused some landlords to exit the industry. Agents are experts in all aspects of managing property portfolios and, as such, will keep you on the road so that when changes come, you are already prepared. You can choose what level of managed service best suits your needs. So, if you are hands-on but are not great with the paperwork of placing good tenants, then simply opt for a let-only service. On the other hand, if you want the entire process taken care of, including maintenance, rent collection, and compliance checks, then a fully managed service is the way to go.

Contact us today to discuss the right steps to take when expanding and managing your property portfolio



Could the property market warm again as Christmas is on the horizon?

 
 

Now that the entire family has settled back into work or school, many people are getting on the move again. Even if you do not have a young family, it can be a bit frantic during the summer as you prepare for your holidays. If you start now, you could be in for Christmas, or in time to start the New Year in a new home. It may be getting colder outside, but there's plenty of reason for the property market to start warming again.

Larger homes are looking like a good option
The first-time buyer market is doing well, and many young buyers are saving their deposits while with parents, skipping renting, and choosing to buy. And their parents are selling their larger homes! If you are outgrowing your home and are already wondering where everyone is going to sit this Christmas, now is a good time to consider buying bigger.

Property is pride
Your property is possibly your most important possession. Why would you not want to enjoy a better home? Home is a feeling that never abandons you, which becomes enhanced when you find the right property. A home should be exciting, rewarding, comforting, and give a feeling of safety. With so many amazing homes to choose from, whether it be a rural retreat, a suburban new-build, or an apartment with a stunning view of the city skyscape. Maybe you would prefer a large Victorian townhouse with a study and a gym, or a beautifully presented and characterful village terrace—they are all beautiful and have the power to enchant you.

Home movers are becoming acclimatised
The UK property market has been fascinating these past few years, and as we enter a stage of calm, new doors of opportunity open. Cash is king, and the UK property market has many faucets. Generally, home movers and homeowners are adjusting to the higher cost of mortgages and costs of living. There are, of course, some who will find it difficult. Nowadays, there are initiatives such as cost of living support to help those struggling. However, for the most part, affordability levels are still strong, with many home movers in a good position in terms of equity. This will encourage them to make their move, and this in turn will make the market resilient. The property market is also underpinned by a shortage in supply and a large proportion of buyers who are mortgage-free.

Life is too short to wait
Life is for living, and many people are now fed up with waiting to see what happens. In the long run, it can cost you more money as values increase. Modern estate agents can tailor pricing strategies and connect you with the homes and the means of purchasing a home you want, due to their understanding of the market. There is always a way to get the keys to the home you want. It may take a little searching or a relocation to another region. But you will get there if you want to. This attitude is prevailing in the property market, and as such, more people are on the move again and eagerly looking forward to a great new year. This in turn means there are buyers on the databases of agents looking for a home like yours.

Thinking of moving? Book a valuation today



Some questions you might not ask your agent when moving

 
 


You know the feeling. It happens during so many important events in life. You go on a viewing, it’s such an interesting and exciting process that you become a little flustered. You walk from room to room, loving what you see. You are enamoured and excited, so you forget to ask an important question. While you can always contact your agent at any time to gain more information, it's important to remember that your agent is an invaluable partner in your moving journey. So here are a few questions that you might not think to ask to add to your list.

If you are selling
  • How long will it take to sell my home?
    Your agent is an expert in the market and area you want to buy or sell. So, while your agent can’t look into a crystal ball, they will be able to give you a good indication of how long it will take to sell your home. Agents are also dialled into local property trends. Your home is unique and may sell quickly.


  • What are the terms of your contract?
    It’s important to communicate with your agent about all aspects of your move and never be afraid to ask too many questions. Different agents offer varying contracts, so it’s important to know the terms of yours. Talk to your agent about your individual requirements, and a good agent will meet your needs, and create a contract which will reflect them.


  • How quickly will my home appear on the market?
    A good agent will value your home at the right price and take care of all marketing swiftly, from photographs to getting your property advertised. Estate agents today have a vast database of buyers ready to buy. Add to this the vast number of home movers that agents are in daily contact with, and chances are they may already have a buyer for your home in mind. And when it’s time to accept or reject an offer, your agent will keep you on the right path.
If you are buying
  • What is this area like to live in?
    Whether you need to know the proximity to local transport links, schools, or places to carry out your hobbies, your agent will know. They will have sold properties and dealt with many clients in the area you want to move to or from. You will want to enjoy your new life as much as possible, and your agent will answer other key questions, such as where you can find the nearest good pub!


  • Can you help me negotiate an offer?
    When it’s time to make an offer, a good agent is invaluable. Their vast market knowledge and experience when it comes to judging the market and the condition of the property in question are crucial. Ultimately, it’s your choice, but with the right guidance, you can pay the right price for the home you want.


  • If I improve the property, how much value will it add?
    Whether you have already made some alterations or are thinking of buying a home with a view to updating it, your agent can tell you all you need to know. It could be that you are interested in making small improvements, like painting or decorating. Or you may decide on a grand design with the very latest in energy efficiency. The same goes if you add an outdoor space, a new kitchen, or convert the attic. Sometimes it’s better to get this information before you buy to see which property will give you the biggest returns.


  • From your mortgage to your big move
    Modern estate agents can help with every aspect of your move, from getting the right mortgage to discovering a great buy-to-let investment. You will have many questions and maybe a few concerns. Moving can be stressful and full of legal pitfalls. You want every aspect of your new home to work for you, and a good agent can make that happen while supporting you, making for a happier home-moving experience.
 
Contact us today to see how we can begin your successful moving story



What does a modern estate agent bring to the table?

 
 


There is so much more to your local estate agent than meets the eye. The skill set, depth of knowledge, and range of skills that are needed to succeed in the industry today are staggering. It’s little wonder most people still use a traditional estate agent over an online-only estate agent, and much of this is down to market knowledge and technology.

Technology
Your home will get great exposure to ready-and-waiting buyers thanks to connecting home buyers and sellers like never before. With access to databases of home movers, property listings, market analysis tools, and customer relationship management (CRM) software, your agent has the technology to sell your home quickly. Additionally, your agent may use virtual reality or 3D tours to provide immersive property viewings for remote clients. Add to this the huge social media reach, and you are on the move in no time.

Great personal service
There is no substitute for the friendly face of your local estate agent. It’s comforting to have a professional person to offer assurance and emotional support through what is an exciting time but is also a little nerve-racking. When you are moving, you have a lot of what-ifs. There is a lot to do, and having someone on the other end of the phone to guide you through all aspects of your move is very comforting.

Valuation
Valuing your home at the right level is critical in today’s complex and fluctuating market. If the asking price is too low, you could cost yourself some serious money. Too high, and your home will not sell. Potential buyers start to ask questions like; How long has the property been on the market? Your house sale becomes stale. This can lead to achieving a much lower price, as you are forced to sell at a lower price to regenerate buyer interest.

Market and area knowledge
Your local estate agent will know your local property market better than anyone else. Modern agents are made up of a talented team of people, from valuers to marketing strategists and property experts. Staying on trend with everything to do with property, they will know your local area as well as you will after living there for years.

Mortgages and other services
Modern estate agents have a broad network of contacts within the industry, from mortgage brokers and conveyancers to removal companies. Putting you in touch with a good mortgage advisor could be the difference between finding the right road to your new home and getting lost. This all makes for a seamless, less stressful move.

Marketing expertise
Gone are the days of traditional marketing methods. Modern estate agents are well-versed in digital marketing strategies, including social media, online listings, and virtual tours. They know how to present properties in the best light, creating eye-catching listings that attract potential buyers. Their marketing efforts extend beyond just listing a property; they also know how to stage homes for viewings and use professional photography to highlight your property's strengths.

Negotiation skills
Negotiating the price of your home can be a complex and emotional process. Your agent will make sure you get the best possible deal in the time frame that works for you. They act as intermediaries, helping to bridge the gap between buyers and sellers and ensuring that both parties are satisfied with the outcome. And this experience and knowledge make their fees worth every penny.

Legal compliance
It’s easy to fall down a legal pitfall when moving. This is why a modern estate agent is imperative for a smooth sale. Complex legal documents are included, from exchanging contracts to local regulations, and their expertise will save you time and money. Then you can enjoy the excitement of moving property to the fullest without any worries.

Contact us to see how we can guide you to a smooth home move



Thornfield Square, Long Eaton, Nottingham, NG10 2AR

Royston and Lund are pleased to bring to the market this immaculately presented two bedroom town house in Long Eaton situated...
£125,000

Click here to read Thornfield Square, Long Eaton, Nottingham, NG10 2AR.



Loughborough Road, Nottingham, NG2 7JH

Royston and Lund are pleased to bring to the market this conveniently situated first floor apartment in central West Bridgford...
£140,000

Click here to read Loughborough Road, Nottingham, NG2 7JH.



Loughborough Road, Nottingham, NG2 7JH

Royston and Lund are pleased to bring to the market this conveniently situated first floor apartment in central West Bridgford...
£140,000

Click here to read Loughborough Road, Nottingham, NG2 7JH.