Real Estate

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The difficult part of choosing to relocate is the decision itself. After you’ve decided you just have to visualize the entire process and take baby steps.

You have to be aware the process will not be easy. Leaving your friends behind or the house you invested in will be hard to do. Just pack inside you a lot of courage, patience, and openness. Taking one step at a time will get you there, as long as the steps are powerful enough.

We came across a good and insightful guide for all of you making a location change in your life. Just remember it is all for the best!

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Imagine living in an apartment the size of an Underground tube carriage. It has all the utilities of an apartment. It is just smaller. And cheaper.

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Micro-homes are a solution for those wanting to live by themselves, but without necessarily having a big budget to let or buy a home.

More than 8,000 micro-homes were built in 2016 and it was a record until now. The demand was high enough to convince developers to keep on creating micro-homes in the UK.

However, more and more voices are starting to talk more about the downs of these types of properties. One of the biggest problem is their value that will surely not grow once with time. More aspects about micro-homes to take into consideration have been discussed by specialists in this article on Property Reporter.

Also, keep in mind that London already has some of the smallest sized properties in Europe.

Consumer group highlights down side of new trend in micro homes

What do you think? Would you choose a micro-home for your own use?

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London is known to be an intense tech market considering the big-named companies based here and professionals from the domain living in the city. 

Despite this, a recent comparative study between the best known cities for their tech hubs showed that London is not one of the most affordable places for people working in the domain. The article on Property Reporter shows that in the top are: Manchester, Glasgow, Leeds and Liverpool. London only ranks on the 19th spot.

The study used criteria like the average property price and the job offer market in the digital tech domain.

However, the main concern is that the lacking of affordable properties and the high costs of digital business in London can cause an exodus of specialists to better placed cities on the tech hub top.

Details upon the study in the article on Property Reporter.

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The noise level surrounding your property can be a decisive factor when selling. It might influence signing the deal or the entire price, according to a recent study.

69% of those interviewed said they would consider not buying a house even if it would be their ‘dream home’ because of the loud noise caused by neighbors. Moreover, 29% of respondents said the thought of refusing a house offer can be put to silence by a considerate discount.

Apparently young people are more accustomed to noises and disregard the problem. Maybe they would even appreciate being close to a club or a pub, but would probably fail to appreciate a handy neighbor trying a DIY project at 7 am.

And if you might think covering up this aspect can be easy, just try to schedule a viewing while the neighbors are silent.

More details from the study in the article on Property Reporter.

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The rising demand on the house market is now satisfied, but specialists say that in the next period building new houses should be a priority for the UK government. There might be other and more urgent matters – like Brexit and how to counterbalance its effects, but the perspective on the future is also important.

Organisations voice concern that housing is slipping down the UK political agenda

How would you appreciate the offer of new houses on the market? Apparently, one in ten new buyers are not content with the quality of their home.

There are solutions to the housing problem as the article on Property Wire states. It is just a matter of what to do first.

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New studies show that 82% of property buyers are willing to pay more for a green house. Energy saving improvements can make a substantial difference in the price of the house.

Buyers in the UK would pay more for an environmentally friendly home

Environmental friendliness and sustainability can be targets for anyone thinking a make over of their property. Moreover, as British architect George Clarke puts it, people need to see in their pockets and implement in their home. He actually gave a few tips to The Telegraph from which anyone can get inspired.

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A new research focused on the profile of the first time buyer has some very interesting results to take into consideration by the sellers on the property market.

According to this study, the average first time buyer is aged between 25 – 34. Apparently, some of the buyers postpone the moment of getting their own property because of the money they need to have as deposit (nowadays around £22,689) or the big property price.

The average property price for first time buyers rose from 2000 until today by £136,000 causing a decrease in the number of first time acquisitions by 27%. Considering the changes that took place on the property market as a whole in recent years, we dare to say the fall is not as drastic as it could have been.

New research reveals there are fewer first time buyers in the UK and they are older

However, what should raise more concern is the basis for the entire study: a prediction made by PwC ‘that London will become a city of renters by 2025, with only 40% owning their own home’.

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We know the news about house prices going up or down, from month to month. We heard about the slowdown in the growth rhythm from quarter to quarter.

All in all, the specialist now call this phenomena on the UK housing market a period of ‘plateau’. Details and previsions about the future of the market in the article on PropertyWire.

UK housing market has reached a plateau, analysis suggests

How do you think this will affect you? Any of you already felt the effects of this stagnation?

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Tools for the property market are getting more and more interesting!

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For example, Facebook developed a listings tool to take data from the agency websites and promote it on social media (Facebook and Instagram). Integration is needed between the websites and Facebook, but with some optimization, it should work efficiently.

The functionality is now tested in the US, as the article on EstateAgentToday says.

This is just one of the first steps, but, if things go alright, the project is to develop into a good advertising tool.

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Subsidence is never a good thing right? Wrong! There is a little public house in Himley, Staffs that over the years has suffered subsidence due to mining since the 1800’s.

The crooked tavern has been named as Britain’s drunkest pub, as even the soberest of visitors will have a wobble once inside the crooked interior. Even before sinking a pint, glasses on seemingly flat surfaces often slide across tables, and coins appear to roll up, rather than down, the bar.

One end of the bar is 4ft lower than the other.

Sonny Mann, property surveyor for owner Marston’s, said: ‘When a ten pence piece rolls up the bar you ask yourself “Do I really need a drink?”.

‘All buildings move, but this one has moved more than any others I know of. The area is known for subsidence – probably because of the old coal mines settling underground and a river that’s close by.

Originally built as a farmhouse in 1765, it later became a public house called the Siden House – Siden is Black Country dialect for crooked.

It then became the Glynne Arms, named after Sir Stephen Glynne, on whose land it stood before being condemned as unsafe in 1940s.

The building was rescued by Wolverhampton and Dudley Breweries and reinforced with supporting buttresses and girders to make it safe and stable.

It is now a tourist attraction as visitors from around the world come to see its odd features.

Mr Mann said the level floors combined with the leaning walls can create some very intriguing optical illusions.

‘The pub’s quite safe though and hasn’t moved for ages,’ he said. ‘We carry out an annual inspection and use special ‘glass tails’ over cracks on the walls – if the glass breaks then we know it’s moving again.’

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