9th July 2020
Chancellor Rishi Sunak has announced today that he will increase the Stamp duty threshold from £125,000 to £500,000 immediately until March 31st next year to re-invigorate the housing market and help the UK recover from the consequences of Covid-19.
8th July 2020
EARLY BIRD ALERT - A great opportunity to acquire an immaculately presented detached family home of charm and character situated in a semi-rural location on the fringe of the village with a most private south west facing rear garden of a good size, enclosed with extensive lawn and a secluded patio. Offering an interesting internal layout and having been recently configurated and refurbished to a very high standard. No Chain.
As an Estate Agent we were keen to read the House Price Index from Rightmove which gives the picture of house prices and activity over the past few weeks, this latest information was particularly key as Estate Agencies re-open for business after Covid-19. The average asking price of property coming to the market in England was up by an average of 1.9% (+£6,266) compared to March before the housing market was put on hold Over 175,000 missing sellers that couldn’t come to market from March 24th to May 12th have now sprung into action with a record number of owners asking for valuations and daily new listings are now up on Rightmove v last year. The number of sales agreed had recovered from a staggering 97% drop to a daily rate of just 3% down on a year ago. 40,000 new sales have been agreed since the market re-opened on May 13th releasing a flood of pent up demand and the number of people phoning and e-mailing estate agents has hit a new daily record - 40 % above the level seen in early March. The delayed spring market has led to a traffic boom on Rightmove with the portal recording its busiest ever days in May and June, with 955,000 hours collectively on June 6th. At David Phillip Estate Agents, the activity levels since the return from Lockdown has certainly followed the Rightmove statistics with 6 sales agreed stc.
Home momentum has been building rapidly in the two weeks since the housing market properly re-opened – this had led to a number of records being achieved on Rightmove. Both the number of visits and the amount of time people are spending on Rightmove has achieved new highs. On Wednesday May 27th visits exceeded 6 million in a day for the first time, which is up by 18% on Wednesday May 29th last year. The busiest day for time spent on Rightmove was Saturday May 23rd with over 47 million minutes spent collectively. In the new survey, Rightmove has found a wave of new buyers now entering the market since before lockdown – of those people who had no plans to move earlier in the year, over a quarter of them (28%) are now saying they are planning to move.
17th April 2020
I have been watching with interest that some Estate Agents have started to use 3D virtual tours out of necessity due to the Covid-19 virus. At David Phillip Estate Agents though we have been using 3D virtual tours as part of the customer experience since we launched our business – not out of necessity but because we think it enhances the process for both the Buyer and the seller.
10th March 2020
The first daffodils of Spring appeared in our garden at the weekend, and the sun was shining too! If you are looking to sell your property at this busy time of year around Easter then it is important to not only get your home market ready but also your garden too. At David Phillip Estate Agents based in Bramhope, North Leeds we have the following tips to ensure your garden looks lovely for any property viewings you may have up to Easter and beyond
25th February 2020
We were pleased to read a couple of days ago via Rightmove that the Yorkshire and Humber area have seen a 5.1% increase in house prices year on year. Miles shipside, the Commercial Director of Rightmove commented:- “Owners coming to the market this Spring face the best-selling prospect for several years with good demand for the right properties at the right price However, he also warned that “sellers should be careful not to get carried away with their pricing, as this still is a price sensitive market with stretched buyer affordability – those who overprice miss out on a window of activity that could run to at least the next Brexit deadline at the end of the year” We totally agree with his sentiment on pricing, and although at David Phillip Estate Agents we price competitively, we also want to be realistic too. Some agents often over-price to win an instruction, only to see a price reduction after a couple of weeks.
24th January 2020
Dementia is one of the greatest challenges facing our ageing society. Two thirds of people living with dementia live in their own home with their families currently providing the majority of care and support, this can be tiring and stressful - physically, emotionally and financially. A large number of people with dementia also live alone and can be at particular risk of isolation.
2nd January 2020
The start of the New Year is a time when people think about the next stages of their careers and perhaps start thinking about looking for a new job. Most people ‘go to work’, but what if you look at it a different way and just ‘work’. Work traditionally may have meant traveling to an office and working from 9am to 5.30 pm, but in a society more focussed around 24/7 and with the benefits of modern technology and techniques, some forward thinking companies may offer working alternatives that not only ensure an improved Customer Experience but also provide employees with a more flexible, productive way of working too.
22nd December 2019
Christmas is a time when families travel far and wide to meet up at Christmas, the presents are loaded in the car, everyone is feeling festive but is your car prepared to travel for the long journey. Before you drive:-