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Why You Should Revamp Your Home

Professional property marketing includes a revamp of your home to get the best possible price.

How often do you redecorate?

Keeping your home looking on-trend can be fun and exciting, but home renovations aren’t always budget-friendly.

Luckily, there are some simple and affordable ways to upgrade your property. These are great hacks to use if you want to revamp your home, plus they’re handy when you’re getting your home ready for viewing. 

Keep reading if you want to avoid the hefty price tag that comes with most home improvements. We’ve got the tips you need to make your home look spectacular this summer. 

Why Should You Upgrade Your Home?

Keeping your home refreshed is great for peace of mind and a relaxing lifestyle. Though renovations may seem stressful, keeping on top of minor issues will reduce the needs of a large redecorating job.

Also, when your home reflects your style you’ll feel much more relaxed. This is a great way to reduce anxiety and stresses of day to day life. Colors like white, green, and light blue are reported to boost feelings of calmness, leaving your home a relaxing area.

Whether you want a minimalist or maximalist style, we say go for it! Give your home a refresh now. 

Our Top Home Tips

Here are the best tips to follow for a new interior look. If you’re booking in for professional property marketing or viewings, make sure your home looks its best with these unbeatable tricks!

Add Storage

Many homeowners think storage should be hidden away, far from guests’ eyes. However, visible home storage can elevate your space and leave your home looking more stylish – as long as it’s neat and tidy!

Viewers and potential buyers will benefit from seeing flexible storage options that can be changed if needed. Storage options also add depth to rooms, so make sure you put up those shelves you’ve been putting off!

Upgrade Old Fixtures

We often forget about fixtures, but these smaller details can make or break a viewing. For example, changing that old faucet will revitalise the bathroom, creating a modern space instead of a worn-out room.

Other fixtures to consider include doorknobs, locks, and lamp shapes. Think about the details of the house that aren’t obvious and consider giving these a chance a thorough clean. This tip will benefit your sale for a small cost.

A Lick Of Paint

Not everyone enjoys painting. However, this necessary evil shouldn’t be ignored. A new lick of paint on kitchen cupboards or the hallway walls can add a breath of fresh air into your home. Whether you reapply a white base paint or opt for an accent colour, there are various routes you can take to upgrade your home.

If you’re not the best with a paintbrush, always consult a professional decorator. Paint can give your home a new lease of life, but make sure it’s applied well first!

Mirrors, Mirrors, Mirrors!

Mirrors are the unspoken gem of property viewings. These handy tools can create an open feel, making rooms appear larger. Large mirrors work exceptionally well in rooms with abundant natural light, so consider them a new addition when inviting guests round or hosting house viewings. 

Mirrors can be found in budget furniture stores for low prices, but you can also find great options in second-hand stores. Add an expensive feel without spending too much!

Check Old Lighting

Lighting can dictate the tone and feel of a room. Before your home goes on the market, examine how each room feels and consider whether you could add some soft lighting to ease the atmosphere. Side table lamps are a great way to add intimate lighting to spaces, allowing guests to feel more at home.

The less harsh your lighting feels, the better. Consider purchasing cheap lamps before any viewings, as this will create a cosy feel in your property. This tip works best in the winter when the evenings are darker!

Final Thoughts

Gearing up to sell is an exciting time. Professional property marketing is an essential step of the sale process as you can determine the worth of your house via attractive staging and persuasive decorating. If you’re unsure what to do, contact the Pilkington Estates team. With years of experience, our talented team knows how to make your property look its best.

Get in touch with our agents today here.

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Area Profile: Stoke

A street in the Stoke ward of Plymouth

Stoke in Plymouth could be your next home, but, what are the perks to living in this area? Also known by its historical name Stoke Damerel, this suburb has caught home buyers’ eyes due to its affordability, good schools and of course location near the beach. 

What are the schools like in Stoke?

Schools in the area are deemed good by Ofsted, making it a great area to raise a family by the coast. There is a range of primaries including Stoke Damerel, Morice Town and College Road all situated in the residential areas. Stoke Damerel primary holds approximately 320 students between the ages of 4 to 11. Stoke also boasts an Ofsted “outstanding” community college, as well as the Devonport High School for Boys which educates pupils from all over Plymouth and areas of west Devon and east Cornwall.

How connected is Stoke?

Worried about transport? You shouldn’t be, Stoke is only an hour’s drive away from Exeter or St Austell and local buses are always running to keep you mobile. The local train station is Devonport station, which is run by Great Western Railways and you can reach Exeter in an hour and a half for a single fare of £10.60. Plymouth Bus also provides a quick link from Stoke into the center, great for those who want to visit the city. 

What makes Stoke unique?

Stoke was historically part of Devonport, England before 1914. However, Plymouth and Devonport ended up joining Stonehouse and the area took the name of Plymouth. Stoke ended up being one of the inner suburbs of this area! When walking around the town, you’ll notice various private houses dating back to the Victorian and Georgian eras, hinting at Stoke’s rich past. The local parish church is also a notable landmark for its architecture and historical connections. 

What facilities does Stoke have?

Stoke Village is also home to over 50 small businesses and unique shops on their high street. This is a great place to grab some good, financial services, get your hair cut or have a pint. This historic high-street has most services alongside 8 pubs and restaurants. Free parking is available to ensure you can enjoy the local facilities at a low cost. 

Stoke is near the Plymouth Life Centre, a complex with one of the largest aquatic facilities in Southern England (second to the Olympic Village) and it also houses one of the newest wheelchair rugby teams in the UK called the West Country Hawks. This is a great place to get active through swimming, going to the gym and even taking on a climbing wall. There’s also the Barbican, another popular area for shopping, good food and art galleries – all on the gorgeous waterfront. 

If getting active isn’t always your thing, you can take a five-minute bus trip to the Royal William Yard. This area used to be an old naval victualling yard, but has been developed and regenerated into a waterfront bar and restaurant area. This is a great place to rewind and socialise in a contemporary setting. Not only that, but once a month a food market and an open-air cinema is hosted. 

What are the house prices like in Stoke?

Are you looking for property for sale in Stoke, Plymouth? House prices generally vary between £350,000 to £500,000 for large detached, with smaller detached houses selling for £200,000 to £350,000. Semi-detached properties often go for £200,000 to £425,000 and historical town houses for £225,000 to £370,000. Terraces can command between £100,000 and £270,000. Popular streets of Stoke are Millbridge and Wilton Street as these terraces were first built to house dockers and have a historical charm.

So, are you interested in Stoke? Let us know your thoughts on the area!

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Embrace Sea Air With A Home in Plymouth

Woman at the waterfront breathing in sea air

Plymouth offers breathtaking experiences that you can’t find anywhere else in the UK, from sea air to coastal views.

Since 2020, families and homeowners have been moving away from the cities for a slice of the coast or countryside. Why stay cooped up in London when you can work online and enjoy a slower pace of life?

If you’ve been considering moving to Plymouth, now is the time to act! We’ve got all the information you need to get your move started. Keep reading to learn why Plymouth is the area for you and which properties you should consider.

Why Plymouth? 

Plymouth is an area that’s becoming more popular by the day. With a fusion of green spaces, ocean views, and a city buzz, this location has everything you need for a fulfilling life. 

Residents often opt for Plymouth as it offers the best of both worlds. Peace and quiet? Check. A busy city centre with a range of restaurants, bars and entertainment? Check. Here, you can enjoy a vibrant social life and a quiet retreat from corporate life. 

Not only that, but Plymouth is an ideal area to start family life. Plymouth and the surrounding towns have an abundance of outstanding schools, family activities, and general amenities. Everything you need in one place!

Which Property Is Best For You?

Interested in moving to Plymouth? We don’t blame you! Here are some properties available in the area.

1. Warwick Orchard Close, Plymouth

Warwick Orchard Close Plymouth

Located north of Plymouth city centre in Honicknowle, this property is a hidden gem. Here, you’ll find two bedrooms, one bathroom, and a spacious reception room. This is ideal for anyone who wants to live close to the centre hub and the coast.

2. Waterloo Street, Plymouth

Waterloo Street Plymouth

Situated in the heart of the city, this property puts you in the centre of Plymouth’s lively atmosphere. This property includes three bedrooms, one bathroom, and two reception rooms. Whether you are looking for a family home or a property to rent, this option is a must-view.

3.  Blackhall Gardens, Plymouth

Blackhall Gardens Plymouth

Are you looking for a new home for the family? Explore this Plymouth property. Blackhall Gardens is a child-friendly area close to outstanding schools and green areas. This modern property includes three bedrooms, a bathroom, and a reception room.

4. Ashford Road, Plymouth

Ashford Road Plymouth

This property is based between two popular Plymouth neighbourhoods – Mannamead and Mutley. If you’re interested in moving away from the city but still want to live amongst the coastal action, this is a great location to try.

5. Rigdale Close, Plymouth

Rigdale Close in Eggbuckland

Raising children isn’t always a walk in the park, but this property is ideal for the challenge! Located in Eggbuckland (a sought-after area), you’ll be close to impressive schools, family friendly amenities, and open spaces.

Final Thoughts

Ready to start your property journey? We’re here to help. Here at Pilkington Estates, we’re passionate about helping you find your forever home with as little fuss as possible. Start your move today! Find out about our tailored buying services here.

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A Guide To Top Exciting Plymouth Areas

Plymouth aerial view

Ready To Start Your Life In Plymouth?

Moving cities is exciting, but you want to be sure about the area you’re moving to before going ahead with the deal.

Plymouth is an up-and-coming destination for UK residents; especially now, as many job positions are remote. Why stay in the big smoke paying premiums when you can live a laid back life by the sea? 

Many young professionals are moving down south, increasing the hustle and bustle in popular Plymouth neighbourhoods. But, which are the most popular?

We’ve compiled all you need to know if you’re considering a move to this gorgeous British city. Keep reading to see what areas you should investigate if you want to explore Plymouth’s vibrant atmosphere.

Stoke 

One key area all buyers should consider is Stoke. This Plymouth area has been trendy since the Guardian published an article about the perks of living in this neighbourhood.

With over 50 small businesses and free parking along the main high street, there’s always something new in Stoke. Residents can enjoy the local historic architecture and dine-in restaurants in all seasons. There are also eight different pubs – perfect for any social butterflies!

Stoke is also popular due to its reliable transport links. The area is an hour from St Austell and Exeter, plus you can access the local Devonport train station. Buses frequently run to the Plymouth city centre, allowing you to visit the city whenever you want.

Plymouth Hoe

Plymouth Hoe, also known as just “The Hoe”, is a coastal area that faces Drake’s Island. This area has strong historical links, and it’s a popular place for tourists to visit in the summer months. Don’t let that put you off, though, as this area is busy and bustling with a cheery atmosphere. 

This area boasts a range of eateries and shops, allowing residents to enjoy a range of different cuisines. Local residents can also find a range of amenities, such as banks, grocery stores, and health facilities. Not only that, but this area is close to the Plymouth city centre too. 

If you want to live among the action, consider The Hoe on your home search.

Plympton

If you’re keen to get away from the city and relocate to Plymouth, we’d suggest exploring Plympton for your new home. This area is five miles from the city centre, giving residents some distance. Ideal for anyone who wants the best of both worlds. 

Plympton is a historic town with beautiful streets and ruins of Plympton Castle. Alongside ancient artefacts, residents enjoy health amenities, grocery stores, the Ridgeway Shopping Center, and eight different primary schools.

This is a popular location for anyone looking to raise a family close to the centre. You’ll be close enough to the action, but you can also enjoy quiet time when needed.

The Takeaway

Whether you’re ready to move or not, exploring a range of areas is essential before deciding. Plymouth is an area with rich history, exciting social opportunities, and a growing younger generation. Enjoy this coastal city today! 

Want to learn more about Plymouth? Explore our Plymouth properties for sale here. You can connect with the expert Pilkington Estates team here. 

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Top Tips For Managing Your Energy Bills In A New Home

Smart meter monitoring energy use

We’ll be surprised if you haven’t already heard that energy bills are rising. 

On April 1st, millions of homes will see their bills shoot up as the price of living continues to rise. This is a frustrating change, especially since it’s out of our hands. However, there are some tips and tricks to help you save as much as possible. 

Whether you’re planning a move or settling into a new Plymouth property, keep reading. We’ve researched the best tips to keep your energy bills low.

Scroll down to explore more.

What To Do If You Want To Spend Less

Ready to cut down on your energy spending? Here are some tips that Plymouth homeowners can use to battle the rising energy prices.

Review Your Bills

Firstly, you should get into the habit of reviewing your bills to ensure they’re accurate. Even if you’re not a smart meter user, it’s essential that you make these checks so you’re paying for what you use and no more!

Remember to take a meter reading on March 31st, then submit this to your supplier. This will prove how much energy you used before the energy price increases on April 1st. 

Change Your Habits

Another way you can save as much as possible is to get into good habits now. Small changes can provide significant results! 

Consider washing clothes at a lower temperature and ensuring each load is full before starting the wash. You can also lower the heating by one degree and ensure all lights and electronics are switched off when not needed. 

Switch To A Smart Reader 

Smart readers are an excellent way for homeowners to monitor their usage daily. This will give you a clearer picture of when and how you use energy and indicate which appliances use the most energy. You can make educated decisions on where you need to cut back from this information. 

Not only that, but smart meters send trustworthy meter readings for you, which saves you time and makes bills a hassle-free experience. 

Check Your Credit

Did you know credit accumulates? When you pay the supplier more than you’re using, your account will build up credit, and the company will owe you money. 

Credit builds up when bills are overestimated, less energy is used, and it can also happen if you’ve recently switched suppliers. Check with your energy supplier today to see if you have any credit in your account. When the prices rise, this money can act as a buffer for the subsequent bills.

Review All Home Bills

Energy bills are going up, but you might be able to cut back in other areas to compensate for this price increase. Homeowners should review their TV, broadband, and mobile phone contracts. These days, we pay multiple companies monthly, and there’s usually an area or two we can cut down. 

Explore The Energy Market

If you’re interested in getting the best energy deals, sign up for energy market alerts. These news updates will keep you in the loop of current energy prices and new deals. Comparison websites (such as Confused or MoneySupermarket) are also popular ways to see the best energy deals available.

The Bottom Line

Rising energy prices are stressful, but they shouldn’t take the excitement out of buying a new home. Use these tips to cut down where you can, as a little goes a long way. We hope this article has inspired you to take control of your energy spending!

Want to get started on your moving process? Get expert Plymouth property advice and contact us here.

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Top Tips For Finding The Best Removal Company in Plymouth

Removal workers carrying sofa

Moving is an exciting process. Once you’ve found your new home, exchanged contracts, and picked out a new interior design theme, it’s ready to move. But, have you booked a removal company yet?

When buying and selling in Plymouth, removal companies are usually the last part of the process. However, just because this is one of the final steps doesn’t mean you should rush the process! 

Make sure your moving day is as stress-free as possible. We’ve researched the best tips for finding a removal company to ensure you are armed and ready to go when your sale is complete. 

Ready to move? Keep on reading to find out more.

The Key Tips When Booking A Removal Company

It’s easy to Google local removal companies and book the first result, but this isn’t always the best way to book a removal team. Instead, have a read of these tips and keep them in mind when the time comes for you to move into your dream home!

Read Real Reviews

Reviews are always a good indicator of a removal service. However, don’t get hoodwinked by the reviews on the company’s website. Their team will handpick these, and what team would willingly showcase any bad reviews?

Instead, use third-party websites to gauge an unbiased view of their services. Good websites to check include Checkatrade, Google Reviews, and TrustPilot. These offer real experiences instead of pre-selected 5* reviews. 

Explore Their Website

Though you shouldn’t only look at the website reviews, it’s still advised to explore their website. This will let you know how large their operations are, how long they’ve been in the industry, and how professional they are. 

A company’s “About” page will often give you most of this information. You can also check image galleries or “Service” pages to understand the scope of their work. Of course, some of this information will be more staged, but it will give you a general idea of how they present themselves. 

Check They Can Move Your Furniture

This sounds simple, but it can often be forgotten! If you own larger items, such as a piano, make sure the company offers services that include these. This is also important if you own fine art or any delicate antiques, as not all movers are experienced with these items. Consider hiring a specialist if needed.  

Look For Insurance

When it comes to your finances and possessions, you always want to work with an insured team. Though all removal companies should be insured, double-checking is essential. Any good removal team will list their insurance online, or they’ll be happy to show you the details of their policies. 

When All Fails, Trust Word Of Mouth

It’s easy to make a company shine online. However, it’s harder to control what previous customers say about the experience. Ask local friends and family members if they have any experience with removal companies in the area. Often, a word of mouth recommendation is the best way to find a trusted removal team.

Do I Really Need A Removal Company?

Most moves will require a removal company, but it always depends on your situation. 

For example, if you’re leaving a furnished rental home with fewer personal items, you might only need a self-drive van. But, if you have lots of large furniture and enough things to fill a few storage containers, a removal company will help make the process easier. 

A good removal company will provide any necessary packing materials for you, and they’ll also offer advice on how to protect your possessions. Remember, these teams have years of experience, so if you have any worries ask for their opinion.

The Bottom Line

Hopefully, these tips have helped you learn more about the removal process. When it comes to moving home in Plymouth, there is a range of trusted removal companies to help you get from A to B. If you’re ever unsure or confused, don’t hesitate to reach out to a member of the Pilkington Estates team for guidance. 

Ready to find your dream property? Find out more about our buying services here.

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The Million Dollar Listing Effect: How Do You Style Your Home?

Downtown Miami

Have you ever tuned into Million Dollar Listings?

This popular luxury property show is back for the 9th season, but it’s based in Miami this time. This show follows professional real estate brokers selling luxury homes to wealthy clients.

Though Miami is far from Plymouth, this show and similar shows have had an impact on the UK property market. These brokers are known for their unique property marketing methods, which are now being adapted for UK properties.

So, if you’re interested in selling your home, keep on reading. The Million Dollar Listing team has some handy tips to help stage your property for potential buyers.

The importance of styling

It’s no secret that buyers respond well to homes that go the extra mile with their staging and decor. But, how do the Million Dollar Listing teams make their properties look so great?

We’ve broken down the top home styling tips from the cast to ensure you’ve got the secret industry knowledge. If you’re selling your home this year, make sure you take note of some of these top tips.

You can also contact the Pilkington estates team for our professional property marketing services. We’re always here to help!

Clear the Room

An essential tip for high-end property marketing is to clear the room. It’s necessary to do this first when you start a home styling or staging project. Clearing the space allows you to see it as a blank slate. Without any extra clutter, it’s easier to formulate a plan and highlight the best areas of the architecture. Don’t be scared of empty space! This can leave the house feeling light and airy.

Upscale the Finishes

Another important tip is to upscale the finishes. While this isn’t always possible, try not to buy low-quality options if you’re purchasing extra finishes and furniture for your viewings. Of course, you don’t need to blow your budget, but make sure you opt for pieces that will inspire your buyer to want your home.

It’s also worth noting that any extra finishes (such as lamps or rugs) should align with your current decor. This will leave your home looking cohesive, plus the finishes will fit your new home when you move.

Use Mirrors

Mirrors are an underrated tool.

When you focus on adding a few mirrors to your home, you will notice that it will instantly feel lighter. Large mirrors reflect any natural light and leave your home feeling larger than it is. They also add a luxury feel, so add a mirror now if this is the atmosphere you’re after!

Add lighting

Similar to mirrors, make sure you add lighting fixtures too. Different types of lighting can change the ambience of the space, so make sure you’re creating a positive feel. Whether you opt for table lamps, standing lamps, or intricate overhead lighting, it will make a difference to the feel of your home.

Create a flow

This tip can sometimes be overlooked, but it’s essential to create walkways through your home. Sometimes, each room will start to feel “blocky” as furniture styles change from area to area. Instead, focus on creating a decor style that flows through the property and avoid placing furniture in the way of the natural walkthrough route.

Choose a focal point

Though the Million Dollar Listing team advises sellers to avoid “cluttering” rooms, you should also avoid being too minimalist. If you strip everything back too far, you run the risk of showing potential buyers a dull room.

Creating a focal point can be done through a range of objects, but the Million Dollar Listing team prefers to use art. When you decorate the room with an exciting art piece, the mood of the space changes. The team suggests going big but neutral – this way, you’re appealing to more tastes.

The bottom line

While these tips won’t fit all properties, it’s worth noting them when getting your home ready for viewing. Selling a home is exciting, so make sure you get creative and enjoy the staging process.

If you’re interested in selling your Plymouth home, contact us here.

We also offer a range of professional property marketing services, including home staging. Find out more about these here.

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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.