Sellers Are Overvaluing Their Own Homes

Sellers Are Overvaluing Their Own Homes

Research conducted by property buying firm, Quick Move, has revealed that homeowners in England and Wales are overvaluing their own properties by an average of 8%. This study has been done …

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Takeaways and Netflix Are to Blame

Takeaways and Netflix Are to Blame

New research conducted by the Policy Institute of Gerontology at King’s College London has revealed around half of the UK public believes that young people cannot afford to start th…

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Most Common Reasons for Fall-Throughs

Most Common Reasons for Fall-Throughs

New research has been commissioned by a property PR company in London which has discovered the main reason behind fall-throughs. This study asked over 940 agents about their experiences wit…

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UK Housing Market is Starting to Soften

UK Housing Market is Starting to Soften

One of the common have released their latest House Price Index which has shown that despite the average price of residential property exceeded £250,000, there are signs that the market is…

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Housing Supply Improving, and Prices to Slowdown

Housing Supply Improving, and Prices to Slowdown

According a London estate agency, we are finally seeing signs of improvement for the supply of properties available. Between recent warnings, and a base rate that is now at its highest leve…

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Record Number of Offers Accepted

Record Number of Offers Accepted

The latest analysis completed by a London Estate Agency has shown that a record number of offers are being accepted in the UK’s property market. Specifically, outside London, last month …

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Property Rental Prices Increased in April

Property Rental Prices Increased in April

In April, the property rental sector saw rents increase together with tenant income. The month was a new record for take home pay, according to the latest Goodlord Rental Index. The average…

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Housing Supply is Increasing

Housing Supply is Increasing

During the last month, there has been a significant increase in the number of new properties that are coming to the market. This rise in stock has resulted in a growth of sales being agreed, a…

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House Prices Set to Rise Further

House Prices Set to Rise Further

Though there has been a significant increase to the cost of living, UK house prices are set to rise further in the upcoming months. In light of the ongoing supply-demand imbalance, it is pr…

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Investors Are Buying More Than Selling

Investors Are Buying More Than Selling

Comparing the first quarter of 2021, to the same period in 2022 reveals that there has been a significant increase in properties being bought for investments. Across Great Britain, homes being…

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What Are the Most Challenging Property Markets?

What Are the Most Challenging Property Markets?

According to Homesearch, a property data and agent prospecting platform, London currently has the most challenging market conditions for estate agents. This is mainly down to a shortage of new…

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Soaring House Prices ‘Continue to Challenge Normality’

Soaring House Prices ‘Continue to Challenge Normality’

According to the Office for National Statistics (ONS), house prices have increase again in the last 12 months from January 2021, to January 2022. Residential property prices have saw an inc…

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Ukraine Crisis May Cool Housing Market

Ukraine Crisis May Cool Housing Market

A leading housing industry analyst has warned that the brakes are being applied to UK house prices as a result of the Ukraine crisis. This warning has been issues despite Halifax’s lates…

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Rental Homes Wanted

Rental Homes Wanted

The private rented sector has increase massively over the last 5 years. In 2017 alone, the number of households in the sector increased from 2.8 million to 2017. Fast forward five years, renta…

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More Than Half of Renters Have No Contents Insurance

More Than Half of Renters Have No Contents Insurance

Within the property industry, there is a lot of information that focuses on protecting landlords and their properties from possible claims from tenants. Despite there being protection for land…

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Fear of Missing Out Fuels Record House Prices

Fear of Missing Out Fuels Record House Prices

According to a leading UK property portal, average asking prices have jumped by 2.3% to £7,785 in the last month. This increase is in fact the highest monthly growing rate every recorded …

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Prediction: A Busy Spring for Estate Agents

Prediction: A Busy Spring for Estate Agents

As a result of home-moving data being analysed, estate agents are being told to prepare for a busy selling season as March has been identified as the strongest month of the year. Rightmove …

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House Price Growth Slowed in January

House Price Growth Slowed in January

Property prices are continuing to hit a record high however last month, the monthly rate of increase stood at 0.3% which is the lowest rise since June 2021. As for the annual rate of growth…

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UK House Prices Are Rising FAST

UK House Prices Are Rising FAST

Annual house price within the UK is now at its strongest pace since June 2021. According to new figures, house price growth has accelerated by 11.2% in January which happens to the strongest s…

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Freehold VS Leasehold

Freehold VS Leasehold

If you’re a first-time buyer, or if you simply don’t know much about the property industry, then terms like ‘freehold’ and ‘leasehold’ probably sound compli…

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Buyers and Sellers Remain Confident Despite Increasing Interest Rates

Buyers and Sellers Remain Confident Despite Increasing Interest Rates

The interest rate rise which came mid-December 2021, has appeared to have little to no impact on the confidence of home buyers and sellers. The latest data conducted by a popular property p…

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House Prices Increases Set to Slow Down in 2022

House Prices Increases Set to Slow Down in 2022

Halifax have published their latest set of data and they have forecasted that the residential property price growth is set to slow over the next 12 months. In 2021, annual house prices hit …

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How Many Viewings Does It Take To Sell a Property?

How Many Viewings Does It Take To Sell a Property?

A new study has looked those who have sold their property within the last 24 months and it has been discovered that on average, it took 17 viewings for a home to sell. Alongside this, 34% of s…

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‘Green’ Mortgages and the New Energy Bill Warning

‘Green’ Mortgages and the New Energy Bill Warning

A small survey of 300 homeowners, and those wanting to become homeowners was conducted by BVA BDRC on behalf of Foundation Home Loans, which found that 67% of respondents would welcome a lower…

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Average Rental Figures Are Changing

Average Rental Figures Are Changing

The average rent in the UK now stands at £1,058 per calendar month (pcm) as of November 2021. This average has dropped slightly according to the latest figures. In London particularly,…

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Two-Thirds of Sellers Visit an Agent’s Website Before Instructing Them

Two-Thirds of Sellers Visit an Agent’s Website Before Instructing Them

New figures show that sellers tend to visit an estate agent’s website prior to instructing them to sell their home. Property Academy has released their latest Home Moving Survey which…

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UK Housing Market is Starting to Stabilise

UK Housing Market is Starting to Stabilise

The Bank of England has released their latest Money and Credit statistics which has shown that mortgage purchases have fallen to pre-pandemic levels. The number has decreased from 71,900, to 6…

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What Do House Hunters Want Most?

What Do House Hunters Want Most?

The consequence of the COVID-19 pandemic is that now many people are now working from home. This has become a new normal and it looks as if this is going to continue for the next few years. A …

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Is There a Possibility That The Property Market Could Become Carbon Neutral?

Is There a Possibility That The Property Market Could Become Carbon Neutral?

At their new annual property awards last week, the review site allAgents have launched a new membership scheme which has the aim of turning the residential property market into a carbon neutra…

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The Strongest Buyers’ and Sellers’ Markets Unveiled

The Strongest Buyers’ and Sellers’ Markets Unveiled

Coastal areas such as Gosport, Hythe and Bognor Regis have made it to into the top 10 seller market. More and more buyers are becoming more tempted to move as a result of the appeal of the sea…

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UK Homes UNFIT For the Challenges of Climate Change

UK Homes UNFIT For the Challenges of Climate Change

It has been estimated that the residential housing sector is accountable for one fifth of all UK CO2 emissions. The majority of this comes from heating homes. However, the way in which a resid…

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House Prices to Rise in 2022

House Prices to Rise in 2022

A popular property portal has released their monthly House Price Index and it has indicated that the UK housing market is on track to record its strongest year since 2007. This is in terms of …

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Few Buyers Care About Energy Efficiency

Few Buyers Care About Energy Efficiency

According to a new study conducted by the Energy Efficiency Infrastructure Group, seven out of eight buyers find energy efficiency insignificant.    In turn this means that on…

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Do You Want to Avoid Battling It Out for Properties?

Do You Want to Avoid Battling It Out for Properties?

According to an national estate agent, there were 13 new buyers for every property listed in the UK in September.   The Autumn selling season has begun which has already seen a low…

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Want to Sell by Christmas? Advertise your home by 20th October!

Want to Sell by Christmas? Advertise your home by 20th October!

If you’re wanting to sell your home before Christmas then there is still time!   In order to complete the process before Christmas, then home-sellers will need to have their p…

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UK House Prices Forecast

UK House Prices Forecast

A forecast for the housing market has been release by Hamptons. It predicts that the next year and beyond, property price growth will remain above pre-pandemic levels as the cycle ends in 2024…

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£1 or £1,000,000?

£1 or £1,000,000?

A central London property has been listed on Rightmove for just £1. As expected, prospective buyers were immediately attracted to this property as well as the media.   The est…

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Chancellor Urged to Encourage Investment in the Private Rented Sector

Chancellor Urged to Encourage Investment in the Private Rented Sector

In a property focused podcast, the Chancellor Rishi Sunak has been encouraged to help boost the supply of the housing stock in the private rented sector which is heavily needed. The hope is to…

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UK Property Market: Present Time and Future Predictions

UK Property Market: Present Time and Future Predictions

According to the latest data providing by Nationwide, residential property prices have accelerated in August, with values how 13% higher than before the pandemic.   The annual prop…

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Wanting To Complete Before Christmas?

Wanting To Complete Before Christmas?

The property market has seen a surge in demand. Conveyancers, mortgage brokers and moving companies have become overwhelmed which has added to the existing backlog.   Propertymark …

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August 2021 Market Update

August 2021 Market Update

Propertymark has released it Housing Report for July 2021. Here are some of the findings.   In July, 31% (a third) of properties sold for more than original asking price. Compared t…

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How long would it take you to save up for your favourite celebrity home?

How long would it take you to save up for your favourite celebrity home?

Have you ever wondered how long it would take you to be able to afford your favourite celebrity home? It’s something we could only ever dream about…   Well thanks to mon…

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Ending of Stamp Duty Holiday Indicates Return to ‘Normal’ Housing Market Activity

Ending of Stamp Duty Holiday Indicates Return to ‘Normal’ Housing Market Activity

Halifax have reported that there has been a +0.4% monthly change in house prices along with predicting that buyer activity will decrease in upcoming months.   A recent analysis of t…

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Letting Agents: What We Love and Hate

Letting Agents: What We Love and Hate

It’s always useful to understand what employees love and hate about their jobs because it gives you an insight to what motivates them in the workplace.   Recently, several let…

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New Development to Provide Greater Clarity for Agents

New Development to Provide Greater Clarity for Agents

The housing secretary announced this week that EWS1 forms will no longer be needed on buildings below 18m.   The EWS1 form, otherwise known as the External Wall Fire Review, is a re…

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Fake Estate Agency Reviews Could Be Made Illegal

Fake Estate Agency Reviews Could Be Made Illegal

It has become a second nature for homeowners to check sites before choosing an estate agent to either let or sell their property. In many cases, it can be the deciding factor on who we choose.…

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SOLD For Over Asking Price

SOLD For Over Asking Price

In May, a third of properties sold for more than the asking price according to data released by NAEA Propertymark. The data shows that 33% of properties sold for more than their asking price, …

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The Building Safety Bill

The Building Safety Bill

The Building Safety Bill, published on July 5th 2021, has set out a clear pathway for the future of residential buildings – more specifically, how they should she constructed and maintai…

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Stay Alert to Fraudsters

Stay Alert to Fraudsters

As we approach the end of June, there is a noticeable increase in the number of reports relating to fake property listings as well as agent imposters.   In particular, Bournemouth …

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WANTED: Rural and Suburban Areas

WANTED: Rural and Suburban Areas

May 2020 saw almost 4 in 10 people being more inclined to pick a rural or suburban location for their new home according to a survey conducted by Savills Estate Agency.   Fast forw…

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Property Prices Expected to Fall After Stamp Duty Deadline

Property Prices Expected to Fall After Stamp Duty Deadline

Over the last 12 months, UK house prices have risen by 10.9% (May 2020 – May 2021). This has been the highest level in 7 years, according to Nationwide. Not only have the price in homes …

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Moving Home Isn't That Simple...

Moving Home Isn't That Simple...

Did you know that according to a survey conducted by Zoopla, 51% of homeowners asked are currently living in a home that is not meeting their needs?   Zoopla asked 2400 people abou…

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Property Market Continues to Thrive

Property Market Continues to Thrive

It’s no mystery that the property market is facing a sudden increase in demand, and buyers are beginning to feel the pressure.   BBC Wales has reported that in recent months, …

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Sheffield Estate Agent, ELR, Features on Location, Location, Location

Sheffield Estate Agent, ELR, Features on Location, Location, Location

Did you kow that at the beginning of April, one of ELR's houses that was for sale was featured on Location, Location, Location? On Wednesday 4th April 2021, one of our Sheffield houses …

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POST LOCKDOWN UPDATE

POST LOCKDOWN UPDATE

After a few months of relative normality, the housing market has continued to thrive, with no apparent slowdown following the initial, expected burst of activity. Pent up demand generated unpr…

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Idyllic village setting

Idyllic village setting

ELR are very proud to offer -  A GORGEOUS 5 BEDROOM DETACHED EXECUTIVE HOME IN A SEMI RU…

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Wickersley detached bungalow

Wickersley detached bungalow

A VERY RARE OPPORTUNTIY!!! WICKERSLEY DETACHED BUNGALOW! ELR are pleased…

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Market Update

Market Update

The first quarter of 2020 has proved to be very strong within the local housing market, with plenty of activity across our region. Agreed sales at ELR were around 9% higher than 2019 with good…

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Be the first to know!

Be the first to know!

OFF MARKET SALES - BE ONE OF THE FIRST TO KNOW As one of Sheffield and The Peak Districts longest established and most experienced estate agents, we are well placed to successfully match bu…

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'SOLD' at £210 million!

'SOLD' at £210 million!

A house in London is set to be sold to a private buyer for an all-time UK record. Despite seven long years on the market and being heavily discounted, it is selling at £210m to become the…

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WOW! Look at this view

WOW! Look at this view

Probaby one of the finest views in the Peak District! 'Westwinds' in Hathersage offers 5 bedrooms plus a guest suite and has a superb contemporary styled interior. This, along with pl…

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Excellent First Time Buy

Excellent First Time Buy

FIRST TIME BUYER OPPORTUNITY - £120,000 Fleming Way in Wickersley is an established residential area, with great access to extensive facilities both in Rotherham town centre …

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Stunning Views over Chatsworth

Stunning Views over Chatsworth

A magnificent two bedroomed stone built barn enviably positioned in the hamlet of Pilhough with panoramic views across to Bakewell, Haddon & Chatsworth estate, extensive off road parking, …

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Character Home in 'leafy suburb'

Character Home in 'leafy suburb'

Set back from this highly regarded, broad, tree lined avenue which is undoubtedly one of Sheffields most exclusive roads, this spacious 1920's family home occupies a large plot with beauti…

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An interesting opportunity!

An interesting opportunity!

CENTRAL HATHERSAGE LOCATION. A RARE AND UNUSUAL OPPORTUNITY! ****CASH OFFERS ONLY*****A former garage/workshop, now vacant, with parking for several vehicles, located to t…

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FARMHOUSE WITH 5 ACRES

FARMHOUSE WITH 5 ACRES

FARMHOUSE IN PICTURESQUE PEAK DISTRICT VILLAGE An exceptional five bedroomed farmhouse and extensive range of stone built outbuildings, standing in 8 acres of gardens…

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Charming property with land and holiday cottage

Charming property with land and holiday cottage

A MAGNIFICENT FAMILY HOME WITH BUSINESS POTENTIAL AND ACREAGE A charming five bedroomed stone built farm house with adjoining three bedroomed holiday cottage, occupying a …

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Character Home in Picturesque Village

Character Home in Picturesque Village

A truly stunning family home in the picturesque village of Ashford in the Water; combining character features along with a bright modern interior, this is certainly one to be viewed. Mag…

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Bungalow set in 2 acres provides great potential

Bungalow set in 2 acres provides great potential

SPA BUNGALOW: ASTON. S26 2BE. GUIDE PRICE £525,000 TO £550,000. A spacious bungalow situated on a glorious, south facing plot of approximately two acres this really is something of …

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On the Market Website continues expansion

On the Market Website continues expansion

OnTheMarket has signed up giant developer Barratt Developments as its first house builder. The site, where all ELR properties can be found, is growing rapidly and has proved to be a great mark…

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Rents on the increase

Rents on the increase

The number of renters experiencing rent rises hit a record high in July, the second month after the introduction of the tenant fees ban in England. ELR lettings agents have seen a similar pict…

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Sheffield area market continues to thrive

Sheffield area market continues to thrive

In spite of the current political chaos surrounding us, the local property market continues to thrive. ELR estate agents have seen a remarkable 24% increase in year on year sales (Jan - July) …

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The Power of Social Media

The Power of Social Media

Over the past couple of years, our business has embraced Social Media and have had some surprising results. Not only are we getting thousands of property views per week, we are also receiving …

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HIGH STREET AGENTS ARE RELEVANT NOW AND WILL CONTINUE TO BE

HIGH STREET AGENTS ARE RELEVANT NOW AND WILL CONTINUE TO BE

To understand why High Street agents are relevant now and will continue to be, lies with what a consumer is buying. We’re not talking towel bales from BHS or a USB cable from Maplin (RIP…

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IT'S TRUE: BUYING A HOME NOW IS MUCH MORE AFFORDABLE THAN A DECADE AGO.

IT'S TRUE: BUYING A HOME NOW IS MUCH MORE AFFORDABLE THAN A DECADE AGO.

Monthly mortgage payments as a proportion of income have dropped to 31 per cent now from 43 per cent a decade ago. Mortgage broker Private Finance says current proportional payments, at 31 …

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CONVEYANCERS RECORD BUMPER YEAR FOR BUSINESS DESPITE BREXIT UNCERTAINTY

CONVEYANCERS RECORD BUMPER YEAR FOR BUSINESS DESPITE BREXIT UNCERTAINTY

Conveyancers ended 2018 with business at a record high and are bullish on the market’s prospects for this year. Software provider Search Acumen’s latest Conveyancing Market Tracke…

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RIGHTMOVE VISITS UP 5% TO RECORD LEVELS – SO IS THERE REALLY A BREXIT CRISIS?

RIGHTMOVE VISITS UP 5% TO RECORD LEVELS – SO IS THERE REALLY A BREXIT CRISIS?

Gloomy statements from some industry organisations have suggested the market is in trouble thanks to Brexit uncertainty but Rightmove says visits to its portal in the first fortnight of 2019 a…

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STRONG START TO JANUARY HOUSING MARKET

STRONG START TO JANUARY HOUSING MARKET

In spite of the uncertainty surrounding Brexit, home buyers in the region are undeterred and it’s very much ‘business as usual’. The traditional early surge of new properties…

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STRONG GROWTH SAYS THE HALIFAX

STRONG GROWTH SAYS THE HALIFAX

House prices ended the year up 1.3% annually, according to Halifax figures. The lender’s House Price Index for December showed the market grew within the 0-3% that it forecast at the st…

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HOUSE RAFFLE GONE WRONG

HOUSE RAFFLE GONE WRONG

A retired couple trying to sell their property in an online raffle have been forced to remove the competition and refund entrants. Robert and Avril Smith had set up a competition last year th…

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HOUSE PRICES IN THE NORTH OF THE UK WILL CONTINUE TO RISE

HOUSE PRICES IN THE NORTH OF THE UK WILL CONTINUE TO RISE

Our Rightmove property expert predicts that house prices in the northern half of the UK will continue to rise. National average asking price of property coming to market forecast to remain …

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NEW PROPERTY PORTAL MAKING IMPACT

NEW PROPERTY PORTAL MAKING IMPACT

Since its introduction in 2014, the new website ‘On the Market’ has seen significant increases in traffic and has now become a major player in the property business. ELR estate age…

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ELR LETTINGS DEPARTMENT CONTINUES TO GROW

ELR LETTINGS DEPARTMENT CONTINUES TO GROW

Ready for another great year of lettings in 2019 2018 was quite a year for the lettings team in Dore, we have marketed more properties than ever, expanded our lettings coverage throughout She…

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RIGHTMOVE PREDICT ‘MORE OF THE SAME’ FOR 2019 MARKET

RIGHTMOVE PREDICT ‘MORE OF THE SAME’ FOR 2019 MARKET

Asking prices will stay flat next year, Rightmove is forecasting. It believes that the “current sound fundamentals of the housing market” will continue, but that any increase in p…

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FIRST TIME BUYER ACTIVITY STRENGTHENS IN YORKSHIRE

FIRST TIME BUYER ACTIVITY STRENGTHENS IN YORKSHIRE

Small deposit borrowers have seen their share of the mortgage market improve as approvals increased in October. Data from surveyors e.surv suggests 24.6% of mortgages went to those with small…

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STRONG SHOWING FOR ELR AT ESTATE AGENCY AWARDS

STRONG SHOWING FOR ELR AT ESTATE AGENCY AWARDS

In an independent assessment of over 15,000 estate agency companies, undertaken by Property Academy and supported by Rightmove, ELR estate agents is in the top 1% in the country for sales. Al…

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BAKEWELL BRANCH MAKE ‘TOP 100’ IN ESTATE AGENCY AWARDS

BAKEWELL BRANCH MAKE ‘TOP 100’ IN ESTATE AGENCY AWARDS

Congratulations to our Bakewell office who have recently been listed in the UK’S ‘Top 100’ Estate Agency branches. The survey was carried out in the summer of 2018 and includ…

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Good early signs to 2021 Market

Good early signs to 2021 Market

In spite of the uncertainty surrounding the economy and the global pandemic, the housing market has been remarkably resilient and the high demand from 2020 has continued into 2021. Much antici…

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