2022 so far for Agile Property Partners has certainly been enough to blow away any cobwebs that may have collected over the distant festive break. With completion of works due on 3 of our projects very soon we have been busy putting them to the market and already have buyers for 4 of the 5 properties that make up the projects. Here’s the latest update of what we’ve been doing on each plus details of other potential projects we hope to start this year. Baltic House We have secured a buyer for this commercial conversion project in Lowestoft that saw us turn a tatty former office unit into 3 apar ..read more

Now that 2022 is finally here, many predictions of a slow-down in the market together with a stabilising of property prices seem to be ringing on deaf ears.  Certainly, with demand for property still outstripping supply in the UK there doesn’t look to be any flattening off of either transactions or prices. So if you’re considering getting into property investing in 2022, read on. Property to ‘increase by 3%’ In fact, many lenders in particular, predict property will rise by around 3% next year. The Nationwide is forecasting 3%, while upmarket estate agents is even more optimistic with 3.5 ..read more

One of the areas in the UK that has benefitted from the pandemic in terms of property is Norfolk. The county is experiencing soaring house sales and prices. Biggest Norfolk house price rise in two decades To the extent, that the rise in the cost of property is the biggest in almost two decades. Figures from the Office of National Statistics (ONS) this summer showed that in Norfolk, the average home cost £258,288 in June. That’s 13.4% higher than in June 2020 at £227,819. The average home in the UK as a whole was £266,000 – an increase of £31,000 year-on-year and the biggest annual jump since D ..read more

We are making great progress with one of our latest projects here in Norwich, Norfolk. The crane has been on site lifting the 1st floor panels and more recently the roof trusses have been lifted on, seeing passersby taking photos of the occasion. The ground floor panels and walls are now in place with the joists being installed. We are really looking forward to seeing the floor deck complete over the next couple of days. Next week our appointed builder on the project Coastal Construction will be installing Fascia & Soffit ahead of the roof tiling. The glazing installat ..read more

As lockdown gradually lifts for England and the rest of the UK the property market continues to flourish unabashed.  One of the few sectors to have not just survived, but flourished, during the past year, it has been non-stop since May. But its re-opening after a temporary six-week coronavirus closure introduced a different emphasis – one where cities and large towns were no longer in favour. Nearly one year on, that’s still the case. Countryside retreats and seaside resorts have become the order of the day. In fact, demand for quieter spots where there is the possibility of a garden and ..read more

With the Bank of England holding interest rates at just 0.1% and boosting quantitative easing by £150 billion, buying a property is arguably one of the best decisions you can make in 2020. Indeed, research from Source Business shows that 1 in 10 landlords are planning to purchase a buy-to-let property, a rise of 3% from 2019. With landlord confidence on the rise and stamp duty relief until the end of March 2021 there has been an increase in demand for not only larger properties, but also for properties located outside of London and the South East into more rural areas. What’s more, as more ten ..read more

According to Property Investor News, “The data also shows that weekday worker footfall in the centres of the UK’s largest cities and towns remains at just 17% of pre-lockdown levels  on average, exactly the same as it was at the end of June.” A new lockdown could possibly be looming, and many employees are enjoying a break from the commute. The trend towards home working doesn’t seem like it’s going to change any time soon. In fact, there’s a good chance that, in the future, working from home will become the norm for people in a wide range of professions. This is already creating a number ..read more

Norwich’s Eat Out to Help Out Scheme After an incredibly quiet spring and summer, the Chancellor’s recent Eat Out to Help Out scheme saw millions of diners return to the UK’s cafes, bars and restaurants. The scheme, which gives customers 50% off their bill when they eat in a participating restaurant, has seen a huge uptake with 64 million discounts claimed in just the first three weeks.  Norwich, like many towns and cities in the UK, has a large number of establishments taking part in the scheme. From chain restaurants like Bill’s to independent eateries like the Cosy Club, diners in the ..read more

Property Success Stories! Carefully investing your money in property can bring big returns. Are you thinking of renovating a house in an up-and-coming area or joining forces with a developer building new apartment blocks? Get it right, and the rewards can be considerable.  This week, we’re taking a look at some success stories. From investing in a property hotspot just before it takes off to finding an all-important gap in the market, these stories show how you can win big when you get it just right.  Finding a property hotspot Investing in a property hotspot can help you get ahead o ..read more

When things go wrong for developers and investors! Although there have been occasional dips in the market over the years, on the whole property prices have been steadily rising in the UK for decades. In the last twenty years, prices in many areas have skyrocketed, something that has tempted many individuals and companies to invest in property.  However, while putting your money in property can bring fantastic returns, investors need to be careful about who they work with and which schemes they invest in. Putting your money in the wrong place, or working with the wrong people, could leave ..read more