Average UK House Price Hits £218k

If you are planning on moving, you might want to consider putting an offer down on a property sooner rather than later, as house prices are rising all the time.

This is according to Halifax’s House Price Index for September to November, which showed that values were six per cent higher than during the same period in 2015.

They had also increased by 0.8 per cent from the previous quarter and by 0.2 per cent from October to November, taking the average UK property value to £218,002.

Despite values having increased for the third consecutive month and the annual property price growth hitting the highest level since August 2016, there is still a lack of confidence in the industry.

According to the Halifax Housing Market Confidence Tracker, consumer sentiment regarding whether values will be higher or lower in a year’s time dropped by 14 points from March 2016.

This is also when the annual house price growth reached its peak of ten per cent, after which it has been on a steady downward trend.

Halifax’s housing economist Martin Ellis said: “Heightened affordability pressures, resulting from a sustained period of house price growth in excess of earnings rises, appear to have dampened housing demand, contributing to the slowdown in house price inflation.”

However, he suggested that low mortgage rates and a lack of properties for sale should “help support price levels” over the next few months.

Those who have already had their offer accepted and need help transporting their belongings to their new abode should take a look at the removal services in Bristol that we offer at Excalibur Removals. With 25 years’ experience, we can make your house move as smooth and stress-free as possible.

25-34 Year Olds ‘9 Times More Likely’ To Be Burgled Than Over-55s

Those aged between 25 and 34 would perhaps be wise to take extra precautions where home security is concerned, given new research from Ocean Finance revealing that this demographic is nine times more likely to be broken into than those over the age of 55.

The study found that 18 per cent of younger people have had their houses broken into in the last five years, while just two per cent of the over-55s can say the same. Of all those who have been the victim of a break-in, 52 per cent moved house as a result, climbing to 63 per cent of 25-34 year olds.

What is interesting to note is that homeowners do appear to feel more secure at home than tenants, with 69 per cent of homeowners saying they always feel safe when at home compared with 57 per cent of renters – despite the fact that three per cent of renters say they’ve been burgled in the last five years compared with eight per cent of homeowners.

Ocean Finance’s Ian Williams said: “The vast majority of people feel safe at home most of the time and property crime is still relatively rare. Ironically, people who rent tend to feel less safe at home, although they are, in fact, less likely to suffer a break-in.”

It’s especially important to be vigilant with regards to home security when moving house, as you’ll be flitting between two properties for a day or two to get everything done. Make sure your home insurance covers you for the move just in case (and always read the small print), and don’t leave any items on the pavement outside your house unattended while doing the actual moving. Install a burglar alarm as soon as you can and always make sure you turn it on when going out.

For removals in Bristol, call us at Excalibur today.

Issues With House Buying Process Highlighted

Anyone who has ever bought their own property, or sold a property move into a new home, will probably tell you that the experience was quite a stressful one.

The Conveyancing Association has released a white paper examining the main issues with the property purchasing process in England and Wales, including looking at ways to deal with them.

A lack of transparency, a lack of certainty and delays were the main areas of concern highlighted by extensive research among property professionals including solicitors, estate agents and mortgage brokers.

Both professionals and customers found the lack of certainty in the process concerning, with last-minute exchange and completion dates, changeable moving dates and no binding contract adding to the stress.

When you need to organise a house removals service in Bristol or elsewhere, these things can make it difficult to pin down a moving date until the last minute, which is far from ideal.

The association also highlighted a number of things that cause delays in the purchase process in England and Wales, including local authority searches, anti-money laundering processes and enquiries.

By comparing the situation in England and Wales to other jurisdictions, including Scotland and the USA, the organisation has made a number of recommendations on how to make the process smoother and less stressful for all involved.

The Conveyancing Association will be hosting a conference on 1 December 2016 and is calling on professionals involved in the sector to attend to discuss its proposals and how the process can be improved for all involved.

What To Do In Bristol In November

If you’ve just sorted out Bristol removals and are now safely ensconced in your new home, you can think about getting out and about to explore the local area. But what should you do first?

You’ll be pleased to know there’s lots going on this month, so the chances of you being bored are very slim indeed. There is, for example, The Grinning Man at the Bristol Old Vic which is on until the 13th(a wickedly wild new musical that gives you a glimpse into an alternate historical reality). Or you could catch Billy Elliot at the Bristol Hippodrome until the 26th, another great stage show that you really must go and see at least once.

And don’t forget that the Christmas Ice Rink and Festive Fair in Millennium Square has just opened and will be on until January 3rd, so there’s plenty of time for you to get into the festive spirit of it all. You’ll also find a number of chalet stalls selling lots of tasty treats and a bar that has rooftop views of the ice rink.

From November 11th, the Christmas Markets will open up in the Shopping Quarter so make sure you put this on your to-do list as soon as you can. Authentic German food and drink, and homemade crafts, are on offer, as well as a new bar and beer garden.

Those of you who are free on the 12th of the month might want to make your way to Lou Lou’s Bristol Vintage Fair at The Passenger Shed as well. This close to Christmas, you’re sure to find some unique presents to give to your nearest and dearest!

Bristol ‘One Of Most Popular Places’ For Relocating Londoners

If you’re planning on getting out of London and are wondering where you should head to next, then you might want to consider making your way to Bristol, as new research has found that this is in fact one of the most popular choices for Londoners looking to get out of the capital.

Analysis carried out by BBC England’s data unit, looking into NHS registrations, revealed the top five places for Londoners to move to as being Birmingham, Brighton and Hove, Thurrock, Epping Forest in Essex and Bristol. These were followed by Elmbridge in Surrey, Medway, Manchester and Dartford in Kent.

No doubt these places are of particular interest because they’re not a million miles away from the capital (commuting from places like Bristol and Birmingham wouldn’t be too much of a hardship if it had to be done), but also because the quality of life is perceived as being better and property prices are a lot more favourable.

There are many reasons why you might want to move to Bristol, such as the beautiful places and interesting culture… sure to impress you even if you have spent the last few years in London town. There’s St Mary Redcliffe church, for example, the Clifton Suspension Bridge, Cabot Park, Millennium Square… the list goes on and on, and there’s so much to see and do that you’ll be kept busy for quite some time.

If you need the help of a Bristol removals service, call us here at Excalibur to see how we can help you start this next chapter of your life.