As gas and electric bills rocket for local tenants, landlords who do not start to make energy efficiency upgrades face lengthy void periods and will have to discount their rents. This is irrespective of the Government’s plans to change the rules on renting properties with low Energy Performance Certificate (EPC) ratings. Until six months ago, […]
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Buy to let, Buying, Forbes Estates, Investors, Landlords, Local News, Moving, Property News, Renting, Selling
Chorley & Leyland Property Blog – Tenants’ Spiralling Energy Bills are About to Become Landlords’ Problem
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Chorley & Leyland Property Blog – What’s the Difference Between a Flat and an Apartment?
What’s the Difference Between a Flat and an Apartment in Chorley & Leyland? “An apartment is over £100 grand and a flat under £100k”, said my friend. Joking aside, there is no difference, call it what you will, the humble apartment/flat has served Chorley & Leyland well over the years. The average sale price of […]
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What ‘No Sale – No Fee’ Really Means…
Traditional full service estate agents like ourselves seem to have stopped using the phrase “No sale, No fee”, and this has allowed DIY online-only agents to gain a piece of the market. So here is a little reminder of what “No sale, No fee” means as far as we are concerned. At Forbes Estate Agents, […]
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Chorley & Leyland Property Blog – Will the Cost-of-Living Crisis Mark the End of the Booming Local Property Market?
Chorley and Leyland property prices have increased by 22.1% over the last two years. House prices have risen on the back of several things, including changes in how people see their homes and how they live and work (i.e., working from home), a lack of properties on the market and government tax incentives (the stamp […]
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Chorley & Leyland Property Blog – Local Property Prices Have Risen by 334% Since 1995
“Tell me what is happening to the local property market”, asked the friend of a friend at a recent do I went to in Chorley (after finding out I was a local agent). I always reply, “It depends if you are buying, selling or both”. The Chorley & Leyland property market is like a seesaw. […]
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ADD VALUE TO YOUR PROPERTY WITH THESE HOME IMPROVEMENT IDEAS!
If you’re looking to take the next step up on the property ladder but are struggling with jumping up to the next price bracket it could be time to consider making changes to your current property to increase its value. Here’s Forbes Estate Agents 7 ways guide on how you can add thousands to your […]
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Chorley & Leyland Property Blog – 71.8% of Local Properties Were Bought With a Mortgage in the Last Ten Years
Could the high levels of mortgages that Chorley and Leyland people take out cause another property crash? Many local homeowners and landlords have been contacting me recently and asking what will happen to the local (and the UK) property market? More specifically, will we have a repeat of the 2008/9 Credit Crunch property crash? High […]
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The Local property market is on the verge of a ‘tipping point’. The rate of house price growth has started to ease with a reduction in the number of properties that will sell in the coming 12 to 18 months. Yet, rising interest rates and the cost-of-living issues won’t knock everybody out of the […]
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Chorley & Leyland Property Blog – The 6 Reasons Local Rental Properties Could Inflation-Proof Your Savings
Inflation (and recessions) can be nerve racking for people and their hard-earned savings and wealth. Yet there are six reasons which make investing in private rental properties a potentially wise investment in these changeable times. This article looks at how investing in Chorley property could help you ‘hedge’ against inflation and protect your savings […]
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HAS THE LOCAL PROPERTY MARKET PEAKED?
Should you buy now or wait for the bargains? Many commentators believe we have seen the peak of the local property market. So, should savvy bargain hunters wait for house prices to fall? Or could postponing your house buying for any anticipated house price drop be a costly mistake? Over the last two years, the […]
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