James Douglas Blog
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Updates and market reports that keep you ahead of the Real Estate game. Stay tuned to the James Douglas Blog for more insight and trend analysis. James Douglas Sales and Lettings is an Estate Agent and Letting Agent, established to offer a fresh approach to anything property-related.
James Douglas Blog
1w ago
The latest figures from Rightmove have reported a record high housing market asking prices, marking a 0.8% (+£2,807) increase from last month, due to stronger sales market activity and price sensitivity across a range of regional areas.
Record high asking prices
The average housing market asking price for a property is now estimated at £375,151, as the Spring selling season is beginning to gain momentum creating upward price pressures and setting a new record high. Large homes in the top-of-the-ladder sector remain the leaders in price growth, up by an average of 1.3% since last year.
However ..read more
James Douglas Blog
1w ago
Here’s what agents and landlords need to know about the proposed 2024 Spring Budget.
Jeremy Hunt, the Chancellor of Exchequer, gave what is believed to be the last budget announcement from the current government on March 6th. The Spring Budget is one of two annual announcements regarding the state of the UK economy, such as an overview of government spending and revenue gathering.
Listed below are the top 5 plans you should note:
1. Tax cuts for holiday homes and multiple dwellings to affect landlords
Hunt has abolished the furnished holiday lettings tax regime to help deliver personal tax cut ..read more
James Douglas Blog
1M ago
As a letting agent or landlord, how can we prevent tenants’ anti-social behaviour?
The English Private Landlord Survey found that in 2021 just under 32% of landlords ended their tenancy due to anti-social behaviour.
According to the Crime and Disorder Act 1998, anti-social behaviour can be defined as “acting in a manner that caused or was likely to cause harassment, alarm or distress to one or more persons, not of the same household”.
Anti-social behaviour relating to housing, includes:
● Loud music, TV, or noise at all times of the day
● Rubbish or littering outside of a property ..read more
James Douglas Blog
3M ago
We are happy to announce that this year we will be extending our charity partnership with Ty Hafan!
There’s nothing quite like the excitement of having your very own home. But what if home for you wasn’t the house in which you live but somewhere else? Somewhere that love resides, where memories are created and laughter never ends. For many life-limited children and their families across Wales, home is Ty Hafan.
Since acquiring Nuttall Parker, we have joined in their efforts to support Ty Hafan by contributing £50 from every house sale fee made in Newport which had now surpassed an amazing £12 ..read more
James Douglas Blog
4M ago
There is a new mortgage support scheme to offer help to homeowners and keep people in
their homes. In light of the current economic climate which has presented many challenges
over the last year, homeowners have seen significant rises in utilities, inflation and as a
result mortgage interest rates.The Welsh Government has stepped in at a pivotal time to
help specifically support homeowners, this comes in addition to the various cost of living
schemes issued over the last year.
What is Help to Stay Wales?
Help to Stay Wales is a new mortgage support scheme that has funding available to welsh
ho ..read more
James Douglas Blog
5M ago
Cardiff is a large and diverse area full of not only incredible vocational and education opportunities but also surrounded by beautiful landscapes and rich history. It has a bit of something for every taste, from the nautical atmosphere of Cardiff bay, to the bustling city centre, to the quiet chocolate box villages of Lisvane. But it’s in Cardiff’s luxury property market where the most exciting property opportunities lie. So what’s fueling this booming market?
What do the numbers say?
According to House Metric’s heatmap for Cardiff, vast swathes of Cardiff’s bayside properties sit well over ..read more
James Douglas Blog
6M ago
When looking to buy a family home, it’s extremely important to consider what things affect the area you’re searching. One of the factors that draws young families in is the surrounding schools – along with journey time, catchment area, and if there are any private or grammar schools available.
For some, this can be a make or break decision. After all, a school close to a property means that a homeowner will be able to save a lot of money and time on petrol and transport. Being able to walk to school is a valuable resource for parents, and can even be a way to offer a child some independence.
D ..read more
James Douglas Blog
6M ago
When looking for your new home in Cardiff with a baby in tow, it’s important to prepare your home to prevent any potential accidents or injuries. Read on to see our full guide in baby proofing your home so that you can keep your child safe in confidence when looking for your next home..
Baby gates
Starting with the most obvious, make sure you have a secure baby gate at the top and bottom of the stairs. It is important to remember that pressure fitted gates are not suitable for the top of the stairs due to the potential of them being able to move under pressure. The best option is a gate that ..read more
James Douglas Blog
6M ago
The property market had a more quiet summer season this year, with many people postponing their intentions to move because of the summer vacation period and consistently high mortgage rates. Despite a steady reduction since late July, mortgage rates remain much higher when compared to relatively low levels in previous years.
On average, expected asking prices rise during this time of year, correlating with an increase in homebuyer activity. However, prices have risen by just 0.5% this month to £368,231. This is the lowest October increase since 2008, and it is significantly lower than the comm ..read more
James Douglas Blog
7M ago
The property market had a more quiet summer season this year, with many people postponing their intentions to move because of the summer vacation period and consistently high mortgage rates. Despite a steady reduction since late July, mortgage rates remain much higher when compared to relatively low levels in previous years.
On average, expected asking prices rise during this time of year, correlating with an increase in homebuyer activity. However, prices have risen by just 0.5% this month to £368,231. This is the lowest October increase since 2008, and it is significantly lower than the comm ..read more