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Relocating For Any Reason Can Be A Stressful Experience

Relocating for your job can be a stressful experience, but the good news is that there are several things you can do to smooth the process. Our team at Warren Powell-Richards have some expert advice for anyone who is relocating to The Surrey & Hampshire Boarders so that you have the best possible experience.

Moving to a new town or city is an exciting experience. It offers the opportunity for personal growth, adventures, and new career prospects. However, it can also be overwhelming if not properly planned. In this article, we’ll explore essential considerations to help make your move to a new town or city seamless.

Benefits of Moving to a New Town or City

Property Viewings Are Make-Or-Break Situations...

If you’re trying to sell your home but aren’t having any luck, you may be wondering what you’re doing wrong. Property viewings are make-or-break situations as the majority of buyers usually decide whether they’re interested in purchasing the property within just five minutes of stepping inside!

So, what’s the best way of ensuring prospective purchasers aren’t being deterred by your home? The team here at Warren Powell-Richards has put together six property viewing secrets that could be causing you some selling issues...and of course how to resolve them!

We want to ensure our properties stand out from the crowd by providing our expert in-house drone photography.
Using drone photography offers a unique perspective, allowing us to capture angles and heights that are simply not possible with a standard camera – allowing us to get overhead shots, bird’s-eye views and stunning panoramas that can truly elevate your property.
Speak to our Warren Powell-Richards Grayshott team for more details - 01428 604016.

Mortgage rates continue to fall, the best cities for investment returns have been revealed, and the UK's 10 happiest places to live have been announced. Plus, we wrap up 2023 Spotify-style! Read on to find out more.

Two-year Mortgage Rates Fall Below 5%

Mortgage rates are continuing to head in the right direction for buyers and homeowners whose deals are due for renewal, with average two-year fixed deals falling below 5%.

The drop in rates follows confirmation from the Bank of England that the base interest rate is being held at 5.25% - the second straight freeze - and competition between the UK's major lenders has intensified as they battle to keep existing customers and attract the small pool of new homeowners who are coming into the market.

10 Happiest Places to Live Revealed

A survey by property website Rightmove has revealed the UK's 10 best places to live, as voted for by residents. The company's Happy at Home Index has been running for 12 years, and for the first time, it's a London area that's taken the top spot.

Richmond upon Thames took the crown from last year's winner, St Ives in Cornwall, which dropped down to 9th. Winchester and Farnham took the runners-up spot, while Monmouth in Wales finished in third. 

The survey asked more than 26,000 people to rank things in their area, from community spirit and a sense of belonging to public transport connections and essential local services.

Click here for the complete top 10.

Top 10 Cities for Rental Yields Revealed

If becoming a landlord is on your list of New Year's resolutions for 2024, you might want to check out the findings of a study by property website, Zoopla. 

In it, they've revealed the top 10 cities and large towns in the UK for buy-to-let returns. The average gross rental yield in the UK is currently 5.49%, but Zoopla's list of towns and cities smashes that figure, and could be a good indicator of where to invest your money in the new year if you're looking to buy a second property.

Top of the list is Sunderland in the North East, where the average gross rental yield is a very impressive 8.5%. Not far behind is Dundee in Scotland, which also passes the 8% mark at 8.07%, while Burnley in Lancashire takes third place, with a return of 7.96%.

All of the top 10 are in Scotland and the north of England, and they all return more than 7% each year. 

Click here for the full list.

2023 in Review

With 2023 drawing to a close, it's the perfect time to take a look back at the year that was. Thanks to the statisticians at Zoopla, we can now share some of the key stats from the past 12 months:

One million homes were sold, and house prices fell 1.2% on average across the UK. The biggest falls were seen in the East of England and the South East, at -2.6% and -2.4% respectively. Scotland and Northern Ireland were the only regions in the UK where prices have risen over the past 12 months.

The most popular types of homes to be sold were terraced houses, with 140,000 changing hands in 2023, followed closely by semi-detached houses. 130,000 of these were sold over the past year. 148 farms and 57 houseboats were sold too. 

The Bank of England raised the base interest rate five times across the year. When we saw in 2023, the interest rate was 3.5%, and as we close the year out, it sits at 5.25%. 

This led to a huge knock-on effect on mortgage rates, which peaked at an average of 6.44% for a two-year fixed rate in July and 6.37% for a five-year fixed rate in early August. Both are now below 5%, and it's hoped they've seen their peak and rates are projected to fall further by March 2024.

At the start of the year, selling a house took 36 days on average, and as 2023 draws to a close, it's only slightly increased to 38 days. It dipped briefly in April to 29 days but has crept back up in line with rising inflation and mortgage rates.

And lastly, what about renters? It's been a difficult year for tenants, with new lets rising by at least 10% for the past 20 months in a row. However, demand hasn't suffered - it's remained at 51% above the five-year average for most of 2023.

We are delighted to bring you our regular property market updates. If you are thinking of buying or selling a property in Alton, Farnham, Godaming, Grayshott or Haslemere please get in touch with us on 01428 604016 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Alton  •  Farnham  • Godalming  •  Grayshott  •  Haslemere  •  London
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