Posted on Febuary 17, 2022 at 5:17 PM
Getting on to the property ladder is extremely exciting, however it can also be incredibly daunting. It is no secret that it can be an expensive process to buy a house, as not only do you have to pay a deposit, but there are also solicitor fees, valuation fees etc., but it will all be worth it when you receive the keys to your first home! As there is a lot to think about before even starting the process, we have put together a few tips to help you get there.
Get your finances in check
When applying for mortgages, banks, building societies and mortgage lenders will check your finances to see if you will be reliable enough to pay your mortgage back and to make sure you are eligible for the loan. This means you should look at a f
Posted on Febuary 04, 2022 at 3:51 PM
This week we saw the much anticipated rise in interest rates by the Bank of England for the second time in three months to 0.5%. Coupled with a hike in inflation and surging energy bills, the rise is being said to be required to deal with “continuing signs of greater persistence in domestic cost and price pressures”.
So, what does this mean for the current housing market? Analysts expect rates to increase further - to 1% by this summer and potentially 1.25% by the end of this year. The hope is that this rise will slow inflation to bring affordability back in-line.
Could this put the brakes on a very buoyant housing market and the house price boom that we have witnessed in the last 18 months?
New buyers will have to
Posted on January 13, 2022 at 10:29 AM
So the “For Sale” board is up, your property is sitting pretty on Rightmove and Zoopla, and the viewings requests are flooding in – so all you need now is a well-positioned buyer and a strong offer and the deal is done right? Wrong!
Did you know that in the last quarter of 2021 some 34% of property sales fell through between “offer accept” stage and “completion” - that’s one in three of agreed sales – leaving many a buyer and seller frustrated by the disruption to their moving plans.
Unfortunately, this statistic is an all too familiar one in the housing market, so what can you do to avoid falling foul of being one of these numbers?
Sometimes you just can’t escape the situation – a buyer or seller changes their mind
Posted on January 06, 2022 at 2:55 PM
Now the festive period is over, and the New Year is here, there is an increase in people looking to sell their homes, giving them a fresh start for the year ahead. However we suggest making sure you are organised and prepared for the process, as it is one of the busiest times of year to sell. We have compiled a list of the things to do before you even put your home on the market, so your property sells ASAP!
Get ahead of the competition
It is obvious that you will always have competitors when it comes to selling your property, so to make sure your property has the highest chance to sell quickly, we advise getting it on the market as soon as possible, this will give buyers an opportunity to view the property more (whether it is a v
Posted on December 20, 2021 at 2:27 PM
So, you’re planning on buying a home to rent out and you aren’t too sure where to start. Making sure you understand your role and responsibilities is vital to become the best landlord you can possibly be, and also helps to keep your tenants on your side. We thought we would compile a list of a few of the top tips to keep in mind when renting your property.
Your Tenants - The most important piece of the renting puzzle, so it is vital to make sure you get the right people in to rent your property. There are many factors involved in this process, as listed below.
Tenant Referencing - This allows you to get an understanding of the person looking to rent your home, there are a few elements to take into consideration:
- Proof of
Posted on November 29, 2021 at 11:27 AM
Are you thinking of moving in the New Year but really don’t want the hassle of having to keep the house presentable and tidy for viewings in the run up to Christmas?
You are not on your own. When we are out valuing homes in November and December, we often find that sellers fall into one of two categories. Those that want to move as soon as they can and those that would like to move quickly but find Christmas is quite simply in the way. If that describes you, then our “Do Not Disturb” marketing could be the perfect solution.
We can get your sales details prepared ahead of the game and have your property ready to sell and to hit the property portals for the post-Christmas period, this gives you a head start over the competition
Posted on November 17, 2021 at 12:10 PM
We all know that moving home can be stressful, from packing everything up, to finding a removal firm and trying to make sure everything is put away in the right place. However moving with children around can make this even more difficult. We know it isn’t always possible to get childcare when moving, especially at the minute, so here are a few ways to make the move with kids a bit easier and hopefully accident-free!
Explore your garden/outside area - Kids love to play outside and can be occupied for hours in the garden with their wild imaginations, but before you let the little ones roam free outside, have a walk around to make sure there is no way for them to accidentally leave your property onto the road or into other people’s gar
Posted on October 22, 2021 at 3:09 PM
So you have had your offer accepted on the home of your dreams but now you need to decide how much background information you want as to how well your future home has been maintained in the past and what it might cost you to put anything right. Even if your budget is a little tight, you might want to get a survey done to highlight any possible issues going forward. However not all surveys are the same and the type you need can be influenced by the type of property you are buying and its location.
There are three main types of survey so we will try and demystify the jargon a little further now for you.
Many people think that a mortgage company’s valuation is a complete survey – in truth it is just a valuat
Posted on October 18, 2021 at 1:25 PM
So, you’re moving home and want to give your property a facelift before you sell, but you’re on a budget? Look no further. We have put together some of our favourite ways to make a home look brand new and like a perfect show home without breaking the bank, and sure to make any potential buyers fall in love at first sight.
Get some inspiration!
Starting a project like a home makeover can be daunting, especially when you’re on a tight budget, so why not get some inspiration online so you’re sure where you want to spend your money. Pinterest is the perfect place to put together mood boards, with many of the posts showing you how to put together a gorgeous home for less money. This will help you find a theme that is easy to recrea
Posted on May 05, 2020 at 11:00 AM
In these very strange times, I don’t think anyone could have imagined us being in this scenario that we currently find ourselves in. With most people being concerned about family, friends, health and jobs, everything seems to have ground to a halt. The Estate Agency industry is no exception and with restrictions currently in place, we cannot go out and carry out any day to day viewing or valuation appointments. But people are starting to ask how will Coronavirus affect the market and prices in the longer term.
A lot of 2019 was spent with people holding off, because of the implications of Brexit. However, the turn of the year saw a lot of activity return to the market place with lots of new instructions and sales. Y Homes had one of
Posted on January 08, 2020 at 5:09 PM
2019 was a funny old year for house sales. We had a number of reasons causing a lack of uncertainty for buyers and sellers alike – no need to mention those again as I think we all have heard enough of the B word for now. There was a shortage of stock yet some houses remained unsold even though there seemed to be quite a number of decisive buyers out there as 2019 drew to a close snapping up what little supply there was. So, did your house remain one of the few that seemed to be “stuck”? You drive around and see sold signs everywhere you look. You feel frustrated and wonder why haven’t I sold, should I change agents?
As a new year starts it’s a question being asked by many sellers. As an estate agent, it would be easy to just sa
Posted on November 29, 2019 at 3:35 PM
Putting your tree up this weekend? After all it is finally December 1st and we know many of us are desperate for a little Christmas cheer in 2019 and nothing helps more on these dark days then a few twinkly lights and a little sparkle here and there. So how can you achieve this whilst also trying to market your property to its fullest appeal.
Here are a few pointers to keep you on track:
1. Kerb appeal – think of a potential buyer asking “Can I see myself here next Christmas?” What would put you off? Use simple lights to brighten up the exterior for any evening viewings and maybe an elegant wreath for the door but don’t over do the fake snow and gaudy decorations.
2. Keep things in proportion – choosing a smaller t
Posted on November 29, 2019 at 2:55 PM
So this month’s property of the month is a delightful and modern first floor apartment with a south facing balcony set on the former historic site of York’s famous Terry’s Chocolate Factory.
On the market for £180,000, this property is in an ideal location for access to York’s City Centre and the ever popular Bishopthorpe Road area and could be used by investors as a private let but will also be of interest to individual purchasers due to its location beside York Racecourse.
Accommodation comprises an entrance lobby, a wonderful open plan sitting/dining room/kitchen, a double bedroom and a shower room WC.
This is a must view apartment in a great location, why not come and have a look for yourself!
Posted on November 29, 2019 at 2:53 PM
So, the big day has finally arrived. And despite the fact that it seems to have ‘taken an age’ for anything to happen, you now find yourself running out of time to get everything packed and organised. And the worst of it is, is that no-one can tell you in advance exactly what time you will be able to get the keys for your new home. Unfortunately, that’s how it is.
At Y Homes Estate Agents York, we can give a rough idea based on the amount of people in the chain and your position within it but that’s all. So many other factors need to be taken in to consideration – which bank or building society the mortgage is coming from, or if it’s a particularly popular day for completions, for example the last Friday in the month.
Posted on October 07, 2019 at 11:39 AM
You’ve decided to take the plunge and market your property for sale. It’s exciting and unnerving at the same time. What if no-one likes it? What if something that you’ve done, because it suits you, is the very thing that is putting people off? There’s a lot of folklore out there as to what you should do to ready your property for putting on the market. The time-honoured smell of baking bread and fresh coffee have been well documented, so well in fact that if everyone knows about such enhancements to a property’s atmosphere, it rather loses its impetus and appeal. But is there a right way and wrong way to offer your property to prospective buyers? Well, of course there is. But what will be right for one viewer will be wrong for another and
Posted on October 02, 2019 at 12:35 PM
Our towns and cities are changing dramatically at the moment with the loss of many high street names seemingly happening on all too regular basis. In the UK, 16 retail stores close daily; 1,234 high street chain stores have already gone in 2019 and restaurant chains are following close by in numbers too. Estate agency has not escaped the changes in buying habits for consumers.
There are roughly 20,000 branches of sales and letting agents in the UK but here at Y Homes, we are proud not to be counted within that number. The old shop window of agency is no longer needed. Committed buyers are signed up to email alerts to assess new properties as soon as they appear online. A simple click shows you images, floor plans and descriptions
Posted on September 26, 2019 at 4:53 PM
You’re excited!! You’ve been qualified for a mortgage, and YHomes Estate Agents in York have the ideal house for you, you’ve viewed it and lost your heart to it, had your offer accepted and you’re all ready to go. So what happens now? How long will the conveyancing take? Do I have to do anything or do I just need to buy a bottle of bubbly for moving in day? And tea bags, obviously!
Well, unfortunately, there isn’t a definitive answer to all of those questions (although I prefer Yorkshire Tea if you’re asking). It can take 6 weeks, or it can take a lot longer. That’s not to say that there’s a problem, it just varies from property to property and it always helps to know what to expect and what you can do to help the process run smo
Posted on March 29, 2019 at 10:34 AM
So today should have been crunch day, the day we left the EU and the day we picked up and carried on whatever the preferred option you voted for back in 2016. But here we are, no further forward and no definitive path in sight. So, what has this done to the housing market in it’s current state of play?
The Legal & General Mortgage Club have surveyed 2,000 homeowners and from this one in eight people buying or selling in the next six months say they will delay their plans and another 10% have put their plans on hold altogether.
Another 5% have advised they will try and get their property purchase through before any Brexit deadline expires.
In terms of what impact this is having on certain sectors of the property market place, young
Posted on Febuary 08, 2019 at 10:33 AM
It amazes me week in and week out the number of sellers that say they do not want a “For Sale” board outside their property and you would be amazed with some of the excuses they use, ranging from not wanting people knocking on the door directly to the most common being, not wanting neighbours to know the property is on the market. In truth, the latter is unavoidable as your neighbour will more than likely know your home is up for sale as soon as activity starts. There are several reasons why a board is very important.
1. It is a 24 hour non-stop advert for your home, it is always outside your house day and night. Just think of the amount off people who will either drive, cycle or walk past your home and notice it is for sale.
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