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01603 764444 | enquiries@gilsonbailey.co.uk

Gilson Bailey

Blog

The latest news and articles from Gilson Bailey

June Update from Gilson Bailey

Since the easing of lockdown in May 2020 the property market has continued to thrive throughout 2021 so far, and despite many peoples predictions the prices have even increased further this year. With the re-introduction of the 5% mortgages and the number of first time buyers we have seen the [...]

June 16, 2021|News|

How much hidden equity is in your home?

It has been reported that almost half of homeowners are undervaluing their homes, including some cases where the properties were worth nearly £50,000 more than they realised. Zoopla reports that only three in ten people have an accurate idea of how much their home is worth, with 45% undervaluing and [...]

May 21, 2021|News|

What you need to know about the 95% mortgage guarantee scheme

A new mortgage guarantee scheme was announced this spring, with the goal being to help first-time buyers and aspiring home movers purchase a home with a smaller deposit. The initiative, which will be available for new mortgages up to 31st December 2022, is intended to increase the availability of mortgages on new or [...]

May 21, 2021|News|

Tenant demand continued to rise at the start of the year

The number of prospective tenants registering with agents rose for the third consecutive month in March, as many homebuyers either chose to delay their purchase plans or decided to rent in between their next house sale and purchase. According to the latest Private Rented Sector report, there were 84 tenants [...]

May 21, 2021|News|

Majority of transactions since May 2020 backed by mortgages

Aside from the market boost provided by the extended stamp duty holiday, it's clear that the property market is seeing high levels of activity due to the continued low rates of borrowing for mortgages. Since the market reopened in May 2020, mortgages fuelled 70% of property transactions in the UK.* [...]

May 21, 2021|News|

Successful start to life in our new office in Brundall

It has been a very successful start to life in our new office in Brundall, having agreed just over 60 sales to date with more in the negotiation stages in our first 4 months since opening. Bungalows have been in great demand as ever have been selling extremely well and [...]

April 7, 2021|News|
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