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Which Plymouth Area Is Best for A Young Family?

Young family in new home

Choosing your future home is an exciting experience. There’s nothing like the feeling of exploring possible houses and imagining your family thriving there.

If you’re looking for family homes in Plymouth, there are a few areas that should be on your radar. Before you jump into the home search, make sure you investigate some of these popular family-friendly areas.

We’ve researched the best areas for family homes in Plymouth, so you don’t have to! Whether you’re starting your property journey or mid-search, take some time to inspect these popular areas.

Keep reading to learn more about buying in Plymouth!

Why Should You Settle Down in Plymouth?

Plymouth has a unique charm that you won’t find in any other UK city. With modern hospitality options and a beautiful coastline, this city is ideal for raising a family.

Did you know Plymouth was also voted the second-best UK city to raise a family in? Plymouth offers families childcare at (approximately) £525 per month, and the city also boasts more child-friendly attractions than other locations in the report.

Whether you’re a Plymouth local or new to the area, there are many reasons to settle down in this city.

Which Areas Are the Best for A Young Family?

Plymouth has a lot to offer, but make sure you check out nearby areas too. Here are some of the best places for family homes in Plymouth.

Peverell

Located in central Plymouth, Peverell is perfect for keeping a balanced family life and living close to the city centre. Peverell allows families to enjoy the nearby city amenities, but it also features Central Park – the city’s most significant green space.

The houses available in Peverell consist of Edwardian terraced houses and semi-detached 1930s properties. This area is seen as safe to invest in, as the housing is good quality and there are few social issues. Peverell is a popular spot for first-time buyers and families. If you move here you can expect a community of like-minded property owners!

Peverell offers all the amenities needed for a growing family. With two GP surgeries, a range of shops, pubs, and three schools nearby, this area includes all growing family needs.

Plympton

If you’re interested in buying in Plymouth, consider Plympton. This old town has attractive antique architecture and used to be an ancient stannary town. Plympton is a residential area located five miles east of the city centre.

Plympton offers residents the Ridgeway Shopping Center, health centres, dental surgeries, and it even has a National Trust point of interest. Here you’ll find the Saltram House and grounds, as well as the ruins of Plympton Castle.

There are eight local primary schools to choose from, plus two secondary schools. Plympton also features regular bus services to the city centre, East Devon and Cornwall, leaving you connected to other local areas.

Plymstock

Plymstock is made up of a collection of small villages located south of the city centre. This quiet suburb offers good-quality housing, various shopping options, popular schools, and a low-crime status. Plymstock is also located close to beaches, ideal for a family day out!

One of the key factors that draw families to this area is the high-performing primary and secondary schools. Many of the schools here are Ofsted outstanding and have a high satisfaction rate.

The housing options here are very diverse. From detached houses and modern apartments to luxury homes and period cottages, buyers can choose which home suits them best.

If you’re still unsure about family homes in Plymouth, try researching some of these additional family-friendly areas.

  • The Hoe. This area is full of history and excitement, perfect for keeping children busy. While The Hoe is often seen as a place for a day out, it’s becoming more and more popular for families to settle.
  • Mannamead. This suburb is leafy and green with large period houses and private schools. Mannamead is seen as a desirable residential area, and it has been named one of the 14 conservation areas within Plymouth. The BBC local studios are based here too.
  • Stoke. This suburb is affordable, close to the city, and it also offers Ofsted outstanding education. Stoke is also well connected with close-by train stations and bus links to the city centre.

The Takeaway

Many areas close to Plymouth are still hidden gems. It’s always good to thoroughly research the nearby suburbs and the city centre. Plymouth is one of the best cities in the UK to raise children, so start your property journey now!

Here are Pilkington Estates, we’re passionate about helping families find their forever home. If you’re buying in Plymouth or looking for family homes in Plymouth, get in touch with our team today.

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Rising Interest Rates: How Will This Affect the Property Market?

Symbol image hand stacking blocks with percentage signs

Inflation has recently been reported at a 30-year high, but what does this mean for anyone looking to buy and sell in 2022?

The market has been affected by lockdowns, furloughs, and more in the last few years. However, house prices have spiked nationwide as demand for property continues despite the effects of the coronavirus pandemic.

Though experts initially predicted decreased property demands, we’ve seen the opposite. Many banks previously maintained low-interest rates, which usually result in low-cost mortgages and an increase in demand.

If you’re considering a move in 2022, here’s all you’ll need to know about the rising interest rates and the possible effects on the UK property market.

All About Rising Interest Rates

In December, we saw The Bank of England become the first to increase interest rates since the start of the coronavirus pandemic. This action surprised economists and major markets, who were predicting a delay. This action was caused by the fast-spreading Omicron variant and the underlying inflation pressures that came with it.

Though inflation was reported to be at a 30-year record in December, it is expected to peak again next quarter. Experts predict a decline in the third quarter, but it won’t reach the Bank of England’s 2% target until 2023. Consumers are already dreading the estimated 50% energy cost increase in April, plus various social security contribution increases.

How Will This Affect the Property Market?

When it comes to making mortgage decisions, it’s good to understand the current interest rates. An interest rate refers to the amount of money you’re charged for the loan. While mortgage interest rates can be affected by various factors, the general economy and your personal situation will be key players in determining an interest rate.

Interest rates will always be significant when it comes to the UK property market. Since they determine how much we will pay to get a loan, they will always influence the value of homes. Lower interest rates will increase the general demand for property, increasing prices, whereas higher interest rates can send property prices down.

When it comes to property, nothing is set in stone. Though the interest rates are rising, always look at the general economic situation and get advice from a professional before making any mortgage decisions. While the interest is rising now, it could also suddenly drop, so look at the yield curve for general advice.

The Bottom Line

An increase in interest rates understandably leaves homeowners feeling nervous. No one likes the thought of increased payments and decreased activity on the property market. However, central banks do raise interest rates to lower economic activity, which slows the growth of other costs.

If you’re interested in buying or selling, we’re here to help. The Pilkington Estates team are always by your side to help you get the best deal on your future home.

Ready to start your Plymouth property journey? Contact us here to find out more.

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Questions To Remember When Finding a Home

The initial house viewings are some of the most exciting parts of the moving journey. This is the step where buying becomes real. No more online photos or listings, and now you can experience your potential home in 3D.

But many buyers feel overwhelmed when it comes to the first viewings. While this is understandable, it’s essential to be ready with the questions that matter. Asking about your needs will help you find your forever home.

If you’ve been turning up to Plymouth house viewings without questions in mind, don’t worry! We’ve gathered the most important questions, so you are ready for your next appointment.

Remember To Research

Of course, some generic questions will be appropriate in any Plymouth house viewings, but sometimes it’s best to research the area before you arrive. This will help you understand the local amenities, transport links, and crime reports. Prior research will also allow you to compare the going rates for other properties in the area, allowing you to gauge potential prices.

While property listings always include necessary information, you should make sure you conduct some of your research too. This will help you make the most out of any Plymouth house viewings.

The Top Questions to Ask at A Viewing

Here are some key factors to question when viewing a new home. Some may not sound important, but they’re good to ask for future reference.

  • “What’s the water pressure like?” We all know that low water pressure is frustrating, but you should also watch out for running taps and showers as these can cause mould. It’s also important to look out for a working extractor fan too.
  • “Do you know how old the roof is?” Roofs are essential to a home, but they are sometimes forgotten. You can expect an asphalt roof to last for 15-25 years, but keep an eye out for roof damage too.
  • “Are the windows double glazed?” Also, check whether the doors and windows close properly. Locks are also crucial as these will be noted on your insurance premium.
  • “What company is the current broadband provider?” This is thinking ahead, but it’ll let you know who provides good service in the area. You can check your phone for cell service in the location too.
  • “What are the electrics like?” Look at the placement of electrical sockets in the home and see if there’s a shaver plug socket in any bathrooms.
  • “How old is the boiler?” If you can, take a note of the model, make, and the last service of the boiler. This will allow you to budget for repairs – note some older models will need more maintenance.

How Long Has the Property Been On The Market?

Finally, this question is very important. Asking how long the property has been sitting on the market will reveal its desirability, and it can hint at the seller’s position. If it’s been sitting on the market for a while, the seller might be open to a lower offer. On the other hand, a new property won’t accept a low-budget offer.

You also don’t want to get stuck in a property chain, which can be frustrating if the deal falls through. If you can, work out whether the owner is trying to sell to fund the sale of another home. Ask whether they’re looking or have already found their next property. It’s essential to ask this sooner rather than later, as it can save you time down the road with Plymouth house viewings.

The Takeaway

Plymouth house viewings are exciting, but you need to ask strategic questions. These answers will help you figure out if this property is fit to be your next home. Need some assistance when buying? The team at Pilkington Estates are experienced in the local market and will always be by your side to make sure the right questions are asked.

Explore our property services in more depth here.