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Top 5 Factors To Consider When Choosing A Plymouth Home

Aerial view of Plymouth harbour

When you’ve decided it’s your time to move, one of the most important decisions is where you want to buy.

Many buyers will have a potential location in mind already, but it’s always crucial to research your dream area just in case. You never know, you might find a place that suits you and your family better too!

When it comes to houses for sale in Plymouth, there are five distinct factors to consider when moving. Alongside researching these elements, it’s advised that you and your loved ones sit down and work out what your top priorities are. This will help you make the most of your research and land you a successful new home!

Ready to get started? Let’s see what you need to remember when moving to Plymouth.

Local Amenities

Firstly, local amenities are a crucial element to examine when moving. Often, buyers expect to have food shops, healthcare, and other miscellaneous stores within a five or ten-minute drive of their new property.

The closer the amenities are to your home, the higher the property price is likely to be. Many buyers dictate their property search based on proximity to amenities, especially if healthcare is needed frequently. Derriford Hospital is the area’s largest healthcare centre, ensuring all residents can access high quality NHS care. 

Don’t be afraid to put your needs first when looking for houses for sale in Plymouth. You never know; you might find your dream within walking distance of your most important amenity!

Transport Links

Another all-important factor to consider is local transport links. These include local buses, national railway networks, and roads for private vehicles. Unless you love your own space, it’s essential to be connected with the rest of the world!

Area profiles and online transport websites are great resources to check when completing your house search. If you’re a frequent traveller, you might also want to check the local airports, as these are essential for business travel! Plymouth’s closest airport is Newquay airport, but watch this space! We might see the original Plymouth Airport opening in the future.

Schools

This factor might not concern all Plymouth buyers, but if you’re planning to start a family, schools are a key amenity you should be on the lookout for. 4 bed houses in Plymouth near schools get snapped up fast, so mention this to your estate agent to get notified when local homes become available.

Plymouth offers various options for all ages, from primary and secondary schools to universities. Also, 13 local schools have received an Ofsted Outstanding rating too.

Job Opportunities

What do you do for a living? While many now work from home, looking for nearby jobs and industries is vital when you’re moving house. There’s no point moving miles away from your profession, so check ahead to save stress.

Plymouth boasts a range of industries, including a vibrant hospitality scene, professional corporate roles, and many healthcare roles. Whatever you specialise in, there are houses for sale in Plymouth that can meet your needs.

Entertainment

Finally, make sure you also examine local entertainment options. While entertainment isn’t the most important factor on this list, it’s still worth considering. Life is dull without enjoyment!

Popular entertainment options in the Plymouth area include drinks and dinner by the waterfront, exploring the local coastline and green spaces, and exciting theatre culture.

Top-rated activities include:

  • Saltram
  • Plymouth Gin Distillery
  • The Barbican
  • Smeaton’s Tower

There’s always time for a memorable night out here.

The Bottom Line

When finding houses for sale in Plymouth, it’s important to know what you want before you start searching. House hunting can be stressful, but the best way to combat nerves is to have a mental list of your priorities. So, what are you looking for?

If you’re ready to start your housing journey, allow the Pilkington Estates team to guide you. With expert knowledge and years of experience, our team is here to help you find your forever home. Contact us here.

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Renting vs Buying: What You Should Know

If you’re considering moving house in the Plymouth area, we’re here to help.

We often see many customers unsure whether it’s time to buy or if they should continue renting. This is a timeless problem, and there are benefits to each choice. But, with some guidance and research you’ll find the solution for you in no time.

Today we’re looking at the critical components of renting vs buying to help you decide whether it’s time to get on the property ladder. Ready to learn more about the process?

Scroll to find out more about mortgages in Plymouth.

Making The Right Choice For You

When it comes to finding a Plymouth home, there are a range of options to consider. But ultimately, you must make the right decision for your life and finances.

Renting and buying are similar in some senses, as they allow you to live in a property, and you make regular payments in each scenario. The key difference is that renting offers flexibility at a higher cost, whereas buying a property is a long-term commitment.

While renting doesn’t always mean you’re ‘throwing money away’, some clients do feel more secure when they’re making payments towards a mortgage.

If you’re stuck and need some professional advice, allow our team of experts to guide you. Explore our bespoke buying services here, or contact the team here.

Here are some crucial points to weigh up when deciding whether you should get a mortgage.

Monthly Payments

The most significant factor many consider when looking for a home is the payments. When you’re making payments towards your mortgage, you’re slowly working on owning the property outright.

In contrast, rental payments go into the landlord’s pocket. This isn’t always bad, as renting comes with flexible benefits for those not ready to settle in one place.

Potential Profits

Another incentive to opt for a mortgage over renting is that your property could rise in price over time. When house prices rise, mortgage payers tend to make profits. But it could go the other way, and house prices could fall too.

Similarly, any maintenance or extensions you make to your house can increase its value over time. Plus, you have the freedom to get creative with your home.

No Forced Moves

A significant perk of living in a house you own is that no one can force you to move. Sometimes, landlords will sell their properties, or alternative situations will arise, leaving them with no choice but to ask renters to move. This can happen with short notice, and all rentals come with this risk.

A New Asset

Though it’s not the cheeriest reason to buy, your house becomes an asset that can be passed on if you die. Many of us don’t think this far ahead often, but owning a home may benefit your children or loved ones in the future.

No Permission Needed

Frustrated renters often complain about not being able to own pets or redecorate when they want. When you’re making payments towards your mortgage, you won’t need to ask for permission when you want to paint. Plus, you can own all the pets you wish to!

Are There Any Downsides Of Buying?

While many consider buying the superior option, there’s no right or wrong choice when it comes to renting v.s buying.

Mortgages and ownership do come with downsides, depending on your personal situation.

These include:

  • Paying for your own repairs, such as leaks.
  • The interest rate on your payments may rise.
  • The moving process often takes longer.

Always weigh your options before deciding on a final route. If you’re confused, seek professional property advice to get an expert opinion.

The Takeaway

Will you be stepping onto the property ladder in 2022? Getting started with your own mortgage might seem like a daunting decision, but we’re here to help you on the road to ownership.

Check out our Mortgage Calculator

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Should You Retire In Plymouth?

Did you know 64% of Brits want to retire in a new area?

A 2021 index study saw that more than half of Brits want to retire in a new location. But that’s not all they found! Plymouth was also voted one of the top 10 UK cities for retirement. We’re not surprised. With beautiful scenery, good amenities, and a friendly spirit, Plymouth is an area that suits all demographics.

Let’s delve into why Plymouth is so popular for retirees to help you decide whether Britain’s Ocean City is for you. Enjoy!

The Study Results

Created by HeatingForce, the retirement index study was designed to determine which UK areas are the most popular with retirement-age citizens. This study looks at various factors to get a broad image of what matters to our seniors.

Factors to consider include:

  • Annual sunshine
  • Healthcare quality
  • Crime levels
  • Leisure activities
  • House prices

3435 adults over 40 were questioned, and the majority stated that new experiences were the reason behind their wanting to relocate. The main reason those who wanted to stay put through retirement was proximity to family and friends.   

At the top of the list was Norwich, scoring 925 and taking the top spot for retirees. Plymouth came in at sixth place with a score of 682, beating out other UK cities, including Leeds, Portsmouth, Dundee, and Aberdeen.

And the worst places? At the bottom of the list was Coventry – voted the worst place to live and relocate with only 13 points.

Why Retire In Plymouth?

So, why should you choose Plymouth for your retirement? Let’s look at the advantages of relocating to this southern city.

Coastal Lifestyle

Perhaps one of the biggest attractions, Plymouth is situated on the waterfront. In later life, a coastal lifestyle can’t be beaten. With cleaner air, a relaxed pace of life, and natural beauty, the benefits of living by the coast are endless.

Entertainment Opportunities

Plymouth offers excellent views and beautiful landscapes, but what else is there to do here?

With a bustling waterfront area, historical museums, and cultural festivals, there’s always a new way to enjoy your weekend in this city. Plus, the city receives a tourist buzz in the summer, allowing you to feel like you’re on holiday when you’re at home.

Friendly Locals

Though Plymouth is a city, there’s still a small-town community feel here. 18% of Plymouth’s population is 65 or older, so you’ll meet like-minded friends who also want to enjoy their retirement in the coastal city. Communities with the largest number of elderly residents include Plymstock Dunstone, Plymstock Radford, and Plympton St Mary.

Health Amenities

When it comes to retirement, you want to be living near good amenities, including healthcare providers. Plymouth boasts a range of healthcare centres, including the Derriford Hospital and NHS Plymouth, ensuring all residents are taken care of. Alongside these significant centres are many private healthcare providers, GP clinics, and dental surgeries.

Final Thoughts

Is retirement on the radar for you? Start planning your retirement now, especially if you’re gearing up to relocate. With an abundance of fun, healthcare, and affordable house prices, there’s no wonder Plymouth is in the top 10 UK cities to retire in. Are you ready to experience Ocean City?

If you’re ready to move, allow our experts to guide you. Contact the Pilkington Estates team today to learn more.

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Five Things To Note When Moving To The Coast

Living by the sea is a dream for many homeowners, so if you’re finally picking up sticks and relocating to the coast, make sure you enjoy every moment. From childhood memories of beach days to the peace of walking by the water, there’s a special allure to coastal towns.

However, moving to the coast does come with some extra things to note. Make sure you’re ready for the move and a stress-free experience with our tips. We’ve gathered everything you need to know about moving to a coastal town to help you get prepared.

Considering to buy property near the coast in Plymouth? Keep on reading to find out more!

Maintenance Costs

When you start living by the sea, one of the main areas you’ll need to consider is the upkeep of coastal property. Due to corrosive saltwater, you’ll need to keep a close eye on your property. Often, the damage isn’t dramatic, and it’s easy to maintain over time. But, when left untreated, it can creep up on you!

Home Insurance

While the coast is a paradise, especially in the summer, it does come with a few drawbacks. Many seaside property owners find themselves having to pay higher insurance premiums. This is due to possible saltwater erosion, storms, and general wear and tear from the property’s location. To avoid this, shop around and explore different premiums to find the best price for you.

Weather

Coastal towns are unbeatable in the summer. There’s nothing like sitting by the sea on a hot day with ice cream. However, these towns can experience unpredictable weather throughout the winter and autumn months. From long storms to high winds, you’ll need to watch the forecasts to keep your coastal home protected.

Tourism

In summer, your new home will be busier than ever. When the tourist season starts, get ready for bustling streets and a lively atmosphere. If you like an exciting vibe, this will be good news. But, if you prefer peace and quiet, you may want to avoid the central areas and beach hotspots for the primary summer weeks. You’ll also have to note the traffic, as the tourist seasons can make travelling to and from work longer.

Better Mental Health

Finally, another area potential beach homeowners should note is that living by the coast can improve your mental health. The coast can provide a natural escape from life’s stresses, ideal for anyone that wants a slower pace of life or an outlet from the office. Many of us take holidays to the coast to reset during the summer, so living by the sea all year round will drastically improve your mental health. Enjoy!

The Bottom Line

Whether you’re considering a move or perhaps you already live by the coast, make sure you cherish the experience! Living by the sea has lots of benefits, and as long as you take care of your property and shop around for affordable insurance, it’s the perfect way to live.

Ready to buy property near the coast in Plymouth? Allow us to help! The Pilkington Estates team is here to provide expert advice and guidance throughout your move. Contact us here.

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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.

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7 Properties in Plymouth and Surrounding Areas to Start a Family

Family moving in

Meta Description: Starting a family is an exciting step, but are you settled in your forever home? Explore family homes in Plymouth here.

Introduction

When looking for family homes in Plymouth, it can be challenging to know where to start. Plymouth is a modern city with the perks of a traditional seafront, ideal for starting a family. Whether you’re new to the area or not, we’re delighted to help you on your journey for family homes in Plymouth.

In this article, you’ll find the top seven properties in the market right now. There are options further afield for those who want to enjoy the peace of family life, and there are homes nearer to the centre too for those who want to be in on the action too. No matter your needs, we’ve got options for all budgets, locations, and family sizes.

What should you look for in a family home?

Before we jump in, we’ll quickly recap what elements you should be on the lookout for when deciding on a new family home.

The top features for families include:

  • Space to grow your family
  • Space for storage and personal items
  • A functional home layout
  • A garden or good outdoor space
  • Multiple parking options
  • Nearby schools
  • Family-friendly attractions close by

Luckily, nearly all Plymouth-based communities have access to high-quality schools and areas of natural beauty. With lots to do in the centre and excellent transport links to London and Cornwall, you’ll never be at a loss for a family day out!

Ready to explore family homes in Plymouth? Scroll down to see what the Pilkington States team has to offer.

1.The Brook, Saltash

Located in popular Saltash, this property is ideal for those ready to put down some roots. The property offers four spacious bedrooms, two bathrooms, and two further reception rooms. You can also find a sizable garage, a multiple-parking driveway, and a generous rear garden too.

Explore the property here.

2.Murhill Lane, Plymstock

This three-bedroom home sits in the idyllic Saltram Meadow area. Murhill Lane can offer you some respite from the busy school run if peace and quiet are essential to you and your growing family. The property also features three bathrooms, including an en suite in the master bed. A key benefit to this home is that it’s south-facing and a suntrap in all seasons.

Explore the property here.

3.Fairview Avenue, Plymouth

Want to be closer to the city centre? This Plymouth-based home could keep your family in the loop. With three bedrooms and a rear garden, this property is well-equipped for family life. There’s also a loft room that could serve as a home office or playroom for children.

Explore the property here.

4.Budshead Road, Plymouth

If you want a property with extra space for a growing family, Budshead Road could be your next residence. This spacious property offers four bedrooms, two bathrooms, and two reception rooms. Not only that, but the property is close to Plymouth centre, allowing residents to enjoy city and family life.

Explore the property here.

5.Donierts Close, Liskeard

Situated in Liskeard, west of Plymouth, this home is ideal for those ready to start a family. With an abundance of greenery and transport links to Plymouth and Cornwall, this area offers a mix of city and country life. The Donierts Close property has two bedrooms, one bathroom, and two extra reception rooms.

Explore the property here.

6. Turnchapel, Plymouth

Nothing says family life like a quaint cottage. If you’re ready to take the next step, take it in this terraced cottage in Turnchapel. Located close to the seafront and a short journey from the centre of Plymouth, your family will grow surrounded by a positive local community. The cottage provides two bedrooms, one bathroom, and a separate reception room too.

Explore the property here.

7. Fairview Avenue, Plymouth

If you’re not ready to give up city life, this Fairview Avenue property will allow you to start a family in the heart of Plymouth. With three bedrooms, a basement, and a garden, this property has ample space for you and your loved ones to enjoy.

Explore the property here.

Are you ready to move?

Though there are many family homes in Plymouth, we want to help you find an option that ticks all of your boxes. When you work with the Pilkington Estates team, we’ll be by your side every step of the way to ensure a smooth and satisfying move for your family.

Interested in buying or selling? Find out more about our trusted moving process here!

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The UK Property Market Is The Busiest Since 2007

The pandemic has had a range of effects on society, but one of the more surprising impacts is that buyer demand is stronger than ever in the housing market.

Over the past year, we’ve seen everyone in sixteen houses changing hands, proving the property industry has been busier than ever. In fact, the last time we saw the UK housing market this busy was 2007. This is great news for anyone looking to move home, but what trends can we expect for 2022?

2021: A Busy Year For Estate Agents

Zoopla has reported that the buyer demand is stronger than ever and homes have gone up in value by approximately £40,000 in five years. In 2016 the average value was £200,000, whereas today you can expect the average UK home to cost as much as £240,000!

We’ve even seen the average UK home price raise by £15,500 in the past year. Some areas in the South West and South East have even seen a growth of approximately £22,000. This is a record amount of growth, making us excited to see what happens in 2022.

What About 2022?

The head of research at Zoopla, Grainne Gilmore, stated: “New supply will start to rise at the turn of the year as households use the holiday period to make a decision around making a move”. Naturally, the Christmas period is sometimes quieter, however, we can look forward to a springtime boom when families are ready to move.

Gilmore also stated “In typical years, the highly seasonal supply of homes being listed for sale slows in the run-up to Christmas, but rises sharply in the new year. On average, the supply of listings at the end of January runs some 50% higher than the start of December”

Buyer demand is expected to stay strong at the start of 2022, but as we progress in the year some experts predict an increase in movers who are buyers as well as sellers in the market. This could ease any constraint in supply, however, this will also depend on the amount of demand we see too. Mortgage rates are expected to remain relatively low, even with certain interest rate rises.

Is It Your Time To Move?

The UK market is set to stay relatively stable in the future, with some positive increases too. If you’re thinking about buying or selling, 2022 is set to be a good year to make a move. Whether you’re experienced in the property market or new to the industry, our team of expert agents is always ready to help.

Are you interested in a new home? Find out more about the Pilkington Estates moving process here.

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Plymouth Named Second Best UK City To Start A Family

Happy family having fun in an new house

Whether you’re looking to start a family, or perhaps you already have children, Britain’s Ocean City should be on your list of cities to research when you’re thinking of buying a family home. Plymouth is popular with young parents, offering them all they need for a thriving family life.

Plymouth has recently been voted the second-best city in the UK to raise children in, beating out other large cities like Bournemouth, Manchester and Birmingham. Let’s take a look and see what makes this area so great for family life.

The second best UK city to raise children in

Only beaten by one city, Plymouth did extremely well in PlayLikeMum’s ranking of the top UK cities to start a family in. This research was conducted by looking at factors like schools, things to do, eating out, earnings, safety, and affordable housing too.

Plymouth came out at second best in the UK, only beaten by Liverpool. However, Plymouth did win two categories, including Things to do and Cost of Childcare. Unlike other UK cities, Plymouth offers 20.63 kids attractions per 100,000 people and the average cost of childcare is £525 per month for private services. Liverpool had the highest number of schools deemed “Outstanding” and Brighton and Hove had the most child-friendly restaurants per 100,000 people.

In third place was Newcastle upon Tyne and in fourth was Bournemouth. Bolton came in fifth place, followed by Birmingham and Manchester too. Surprisingly, London came in last in 25th place with the lowest scores for childcare costs, safety, housing prices, and the lowest overall score.

What does Plymouth offer?

When it comes to great attractions for kids, Plymouth is up there as it has a range of indoor and outdoor activities. From the Plymouth Mystery Treasure Trail to the National Marine Aquarium, there’s never a dull weekend if you’re growing up in this coastal city. There are also the docks and waterfront too, perfect for taking the kids for an afternoon out by the seaside.

The Plymouth area boasts a range of primary and secondary schools with great Ofsted ratings. Whether you want a city-centre school or a school in a quieter area, there are lots of high-quality educational institutions to choose from.

Another benefit to raising children in Plymouth is the great leisure and sports facilities available there. Kids benefit from being active, so parents in the city love visiting the multiple swimming pools, the lido and the Plymouth Life Centre.  This centre is one of the country’s leading leisure venues that offers a 12-court sports hall, indoor bowling, climbing walls, and an Olympic size swimming pool.

Great fun for all the family

From exciting attractions to well-rated schools, Plymouth has all you need when raising a family. Not only that, but the bustling waterfront area has lots of restaurants and bars for parents too! If you’re interested in buying family homes in Plymouth moving to the best city to raise children in the south of the UK don’t hesitate to contact our team today.

Let us handle the hassle of moving for you. Find out more about the Pilkington Estates services here.