News & Updates | Page 22 of 43

The share of Brits moving each year has been declining since the late 1980s (when at one stage, people moved every eight years), yet since the pandemic's beginning, something has appeared to upset that trend. Newspaper stories and social media posts painted a picture of homeowners moving from the city centres to its suburbs, from the suburbs to the towns and countryside around the UK. Areas like the Cotswolds and coastal towns around the country got swamped by the 'race for space', significantly affecting housing markets (including Rugeley). But how many Brits moved? And how long had they been in their homes before they moved? In Great Britain, there are 28.3 million households, of which 19.3 million are owner-occupied and 4.43m owned by private buy-to-let landlords.

We have found that currently older people in Rugeley are questioning whether downsizing is the right choice for them. If your children have flown the nest, and with the cost of living increasing, you may be beginning to think about whether your existing home is suitable in the long term. Perhaps the ongoing demands of cleaning, maintaining, running and repairing a family-sized property are already proving to be onerous and, over time, those requirements will only become more challenging. With this in mind, it could be time to consider moving to a smaller home. The team here at C residential appreciate that this can be a difficult decision and so have a few considerations that you should bear in mind before making your final choice.

Buying and owning a rental property in Rugeley should be treated as a business. Even if you are not planning on having a huge portfolio of property that you rent out, it’s imperative that you cross the t’s and dot the i’s. It may seem complicated at first, but it need not be if you plan out what you need to do, when and how. You should also seek the advice and support of professionals, whether that’s a mortgage broker, an estate or lettings agent, or an accountant. We have four essential top tips for you to think about when it comes to buying a rental property. As ever though, before we go through them, just a reminder that we are here for you should you need to find the right rental property to invest in. Give us a call on 01889 583377 or email us at  sales@cresidential.co.uk . So, what are the four steps to buying a rental property

The property buying process can be incredibly stressful! When you’re buying a property, the decision can be a big one, and it may make you feel a sense of anxiety and stress. But if those feelings start controlling how well you handle your day-to-day life, then it’s important that you take steps towards managing them before they get out of control. Here are our seven tips for keeping your mental health in check during the property buying process:

Over the last five years, life has become a little trickier for Rugeley landlords, with changes to their taxation status, mortgage interest relief and an additional 3% stamp duty for a buy-to-let property, and has made lots of Rugeley landlords ask themselves: ‘Is buy-to-let in Rugeley still worth the risk?’  

Choosing the right estate agent in Rugeley is key to you being happy when you come to selling your home. Moving home is a stressful time, and we won’t lie – it can be hectic. There are so many things to do, so many plans to make, and then there’s the number crunching to do. It can be a tough time, even though you know that at the end of it you’ll be starting a new chapter in a new home with your family. One of the key things to do is to choose the right estate agent at the start of the process. Sometimes though you may need to switch estate agents because you’re simply not happy with the estate agent you initially chose.