22nd October 2020
Leeds Light Night 2020 – when and where to see the laser shows in the sky this week (October 22nd – 24th from 6pm to 11pm) The Light Night festival will shine brightly with interactive rooftop laser displays in Leeds this week despite the Covid-19 restrictions. The show is composed of several laser shows that run across the City with brilliant performances by international, national and of course local artists. Using large scale projectors and interactive installations the lights can be seen for miles at this free event.
The housing market continues to benefit from the Government’s stamp duty holiday with residential transactions returning to pre-Covid levels in September, there still could be room though for strong sales growth over the next few months. The HMRC publishes the Uk’s latest Property transactions and the provisionally adjusted seasonal transactions, estimates that last month there were nearly 100,000, which is very similar to September 2019 at just 0.7% lower. David Phillip Commented “when we look at the data from last month it is clear that the upward change in the market wasn’t just an exaggerated statement. Since July alone we have sold 14 homes in Bramhope alone, and are completing quickly on these, in fact a cottage we sold on Creskeld Lane, Bramhope was instructed on July 10th and completed on September 30th – just over 2 months” So there is still plenty of time to sell before the March 31st if you do the following:-
21st October 2020
This week the Government introduced the three tier system for England to help control the speed of Covid-19. Regions are now classed as medium, high or very high, which means that many people are living under different local lockdown restrictions. As I am writing, Leeds is currently on Tier 2, meaning that you can’t meet with anybody outside your household or support bubble in an indoor setting but does this mean that you are restricted to buying or selling a home at this time too? The answer is - No, you can move house during local lockdowns even if you are living in a tier 3 (very high) area, which Leeds currently isn’t.
21st October 2020
I recently watched an Interview on Sky TV with Dame Sharon White the CEO of John Lewis which I found fascinating and very re-assuring in terms of the Customer Experience. I wrote down some of her words which are those we totally believe in at David Phillip Estate Agents:- - Be the “leanest, simplest and fastest” - “follow the customer” - “respond rapidly to how customers are wanting to shop” - “trusted brand, principles and values” - “working in partnerships where trust is at the heart of what customers want” - “fair value is never going to go out of fashion”
This is particularly important during the stamp duty holiday with the deadline of March 31st in place for all property completions, you don’t want to find yourself in a situation that may hold things up because you have not chosen the right agent So what should you be asking before you choose? :- This is particularly important during the stamp duty holiday with the deadline of March 31st in place for all property completions, you don’t want to find yourself in a situation that may hold things up because you have not chosen the right agent So what should you be asking before you choose? :-
17th September 2020
When selling your home, at David Phillip Estate Agents we always advise to price your home competitively but realistically, this is even more key during the stamp duty holiday when we have heard of agents overpricing properties because the potential buyer will be making a saving as a result – this potentially could give the property market a false impression around price increases.
28th August 2020
August Bank Holiday in Leeds Everyone is really looking forward to this Bank Holiday, many people have been in self-isolation, working from home, furloughed or been separated from family and friends as a result of Covid-19.
26th August 2020
According to Rightmove, homes advertised as having highly coveted south facing gardens are priced at £22,695 higher on average than homes without, a 7% national asking price premium – there is a trick of course to having photos looking at its very best for pictures and viewings.
26th August 2020
UK housing market sees busiest month in 10 years The UK housing market saw £37bn worth of property sales agreed in July, representing the busiest month for home buying since data was first tracked on Rightmove.
14th August 2020
The generally accepted definition of a recession in the UK is when GDP falls in 2 successive quarters – the UK economy shrunk by 2.2per cent between January and March and 20.4 per cent between April and June according to the National Office of Statistics. This officially put the UK in recession for the first time since 2009. But this recession is very different to the financial one of 2009 where the Government made the decision to shut down large sections of the economy as a result of Covid-19, but were able to put measures in place such as the Furlough Scheme and Stamp Duty holiday as a result. It also means that the financial system has not frozen in the same way it did during the financial crash of 2008/9 when house prices dived.