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Exploring Historic Properties: Preserving Heritage in the UK Real Estate Market

The United Kingdom is home to a vast array of historic properties, from medieval castles and manor houses to Georgian townhouses and Victorian industrial buildings. These properties offer a unique glimpse into the country’s rich history and culture, and they play an important role in preserving the UK’s heritage.

In recent years, there has been a growing interest in historic properties, both from buyers and investors. This is due in part to the fact that these properties offer a number of unique advantages, such as:

  • Character and charm: Historic properties often have a unique character and charm that cannot be found in new-build properties. This is due to their original features, such as exposed beams, stone fireplaces, and stained-glass windows.
  • Investment potential: Historic properties can also be a good investment, as they tend to hold their value well over time. In some cases, they may even appreciate faster than new-build properties.
  • Sense of community: Historic properties are often located in well-established communities with a strong sense of history and identity. This can make them a great place to live for people who are looking for a more traditional and community-minded lifestyle.

Of course, there are also some challenges associated with owning a historic property. These properties can be more expensive to maintain and repair than new-build properties, and they may also have some restrictions on how they can be altered or extended. However, for many people, the benefits of owning a historic property outweigh the challenges.

Exploring historic properties in the UK

If you are interested in exploring historic properties in the UK, there are a number of ways to do so. You can visit historic houses and gardens that are open to the public, such as National Trust properties and English Heritage sites. You can also attend open house events, which are held regularly throughout the year.

If you are considering buying a historic property, it is important to do your research and find a property that is in good condition, and that is suitable for your needs. It is also important to work with a qualified surveyor and solicitor who has experience in dealing with historic properties.

Preserving heritage in the UK real estate market

Historic properties play an important role in preserving the UK’s heritage. They are a tangible link to the country’s past, and they provide us with a unique insight into the lives and culture of our ancestors.

There are a number of things that can be done to preserve historic properties in the UK real estate market. These include:

  • Providing financial incentives to owners of historic properties. This could include grants for repairs and maintenance or tax breaks for owners who open their properties to the public.
  • Encouraging developers to incorporate historic features into new-build properties. This could help to preserve the character of historic areas and raise awareness of the importance of historic properties.
  • Educating the public about the importance of historic properties. This could be done through school programs, public awareness campaigns, and events that celebrate the UK’s heritage.

Pilkington Estates is committed to preserving heritage in the UK real estate market. We work with a number of owners of historic properties to help them sell their properties to buyers who appreciate their unique character and charm. We also provide advice and guidance to buyers who are interested in purchasing a historic property.

If you are interested in learning more about historic properties in the UK, please visit our website or contact us today. We would be happy to help you explore these unique and fascinating properties.

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Shared Ownership vs. Traditional Homeownership: Making an Informed Decision with Pilkington Estates

When it comes to owning a home, there are various paths to consider. At Pilkington Estates, a real estate firm based in Plymouth, we believe in empowering our clients to make well-informed decisions. In this article, we will explore the distinctions between shared ownership and traditional homeownership, assisting you in navigating the options and finding the best fit for your needs. Prepare yourself to delve into the world of homeownership with Pilkington Estates as your trusted guide.

  • Shared Ownership: A Step towards Owning Property

Shared ownership provides an alternative approach to homeownership, especially for individuals who may need help to afford a property outright. With shared ownership, you purchase a percentage share of a property (typically ranging from 25% to 75%) and pay rent on the remaining portion. This lower initial investment can make it easier for first-time buyers or those with limited savings to step onto the property ladder.

  • Traditional Homeownership: Complete Ownership and Control

Traditional homeownership grants you full ownership and control of your property. You have the freedom to make modifications, personalise your space and build equity over time.
When you opt for a traditional mortgage, you borrow the complete purchase price of the property and then gradually repay it through monthly instalments until the loan is completely paid off. This choice provides stability in the long run and allows you to achieve full ownership of your home.

  • Financial Considerations:

Shared ownership can have financial benefits since the initial deposit and mortgage payments are generally lower compared to those associated with traditional homeownership. This makes homeownership more accessible, especially for individuals with lower incomes or limited savings. However, it’s important to take into account that with shared ownership, there will still be ongoing costs, such as rent on the portion you don’t own, service charges and potential limitations on selling your share.

  • Flexibility and Future Prospects:

Traditional homeownership offers greater flexibility as it grants you the freedom to sell or rent out your property according to your preferences. This flexibility enables you to adapt to changing circumstances or even seize investment opportunities. On the other hand, shared ownership may come with certain restrictions, like limitations on subletting or selling your share, which impact your plans. It’s crucial to consider your long-term goals and evaluate which option aligns best with your aspirations.

  • Making the Right Choice with Pilkington Estates

When it comes to choosing between shared ownership and traditional homeownership, Pilkington Estates knows how important this decision is. Our team of experts is here to assist you every step of the way, offering personalised guidance and assistance. We’ll help you evaluate your financial circumstances, explore the properties that are currently available and ultimately make a well-informed choice that aligns with your goals and desires.


Choosing between shared ownership and traditional homeownership is a personal decision that depends on your financial circumstances, long-term goals, and lifestyle preferences. Pilkington Estates is committed to assisting you throughout the process, ensuring you have the information and guidance needed to make the right choice. Whether you opt for shared ownership, take that crucial first step on the property ladder, or pursue traditional homeownership, gaining complete ownership and control, Pilkington Estates will be there every step of the way, helping you turn your homeownership dreams into reality.

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The Advantages of Shared Ownership: A Comprehensive Guide to Affordable Homeownership with Pilkington Estates

Shared ownership stands as a government-supported initiative that simplifies the process of purchasing an abode. This system entails buying a portion, usually ranging from 25% to 75%, of a property while simultaneously paying rent for the remaining share to a housing association.

Shared ownership offers benefits encompassing;

  • Affordability: When compared to property purchases, shared ownership provides a financially feasible pathway towards homeownership. One only needs to secure a deposit for their share of the property, resulting in mortgage payments than if they were buying the entire property.
  • Flexibility: Shared ownership allows for adaptability, allowing individuals to purchase much or as little of the property as their budget permits. Furthermore, one can gradually increase their stake in the property through staircasing. Even opt to buy it eventually.
  • Security: Shared ownership guarantees stability when acquiring a home. The responsibility for maintaining and repairing the property lies with the housing association, ensuring that individuals possess the same rights and privileges as any homeowner.

Is shared ownership, for me?

Shared ownership is a choice for individuals who are facing challenges in affording a home without assistance. It also serves as an option for those who are still determining the duration they intend to stay in their residence, as it allows flexibility to increase or decrease your share based on changing needs.

How can I purchase a shared ownership property?

To acquire a shared ownership property, you should;

  • Enroll with a housing association.
  • Explore shared ownership properties that capture your interest.
  • Present an offer for the desired property.
  • Secure a mortgage specifically tailored to your share of the property
  • Provide a deposit payment.
  • Finalise the purchase and successfully transition into your home.

Pilkington Estates: Your trusted partner in shared ownership

At Pilkington Estates, we are proud to offer a selection of shared ownership properties within Plymouth and its surrounding areas. We are fully committed to assisting you in finding the property that suits both your needs and budget while providing unwavering support and guidance throughout the buying process.

If purchasing a shared ownership property sparks your interest, please do not hesitate to reach out to Pilkington Estates today. We are eager to discuss your requirements and help transform your dream of homeownership into reality.

Here are a few advantages of shared ownership;

You might be eligible for a government grant that can assist you in purchasing a shared ownership property.
As you gradually pay off your mortgage and increase your share, you will be building equity in your home.
You will have the rights and responsibilities of any homeowner, including the ability to vote in local elections and the freedom to sell your property.

If you’re seeking a flexible way to buy a home, shared ownership is a choice. Get in touch with Pilkington Estates today for information about our shared ownership properties and how we can help you fulfil your homeownership dreams.

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Investing in Buy-to-Let Properties: An Attractive Opportunity in the UK Property Market

The UK property market has a history of resilience and growth, making it a sought-after investment destination for international investors. The buy-to-let market, in particular, has witnessed growth due to the demand for rental properties outpacing supply.

There are reasons why investing in buy-to-let properties can be an appealing opportunity within the UK market.

  • Strong rental yields: Currently, the average gross rental yield in the UK stands at 5.5%, indicating that investors can anticipate a return on their investment. This becomes particularly enticing when compared to investment avenues like bonds or savings accounts.
  • Continued capital growth prospects: Over the decades, property prices in the UK have consistently risen, and this upward trend is projected to persist over the long term. Consequently, investors have opportunities to benefit from both income and appreciation of their property value over time.
  • Robust demand for properties: The scarcity of rental properties across the country has led to an increase in rental prices while simultaneously making it easier for landlords to find tenants. Urban areas, where the population is growing and there is a demand for housing, are particularly affected by this phenomenon.

Naturally, every investment carries some risks, and buy-to-let investments are no exception. Here are a few potential risks to consider;

  • The possibility of rising interest rates: If this happens, it could make borrowing money more expensive for landlords, which might impact their profits.
  • The chance of property prices dropping: Although unlikely in the run, there is a possibility of short-term price decreases during an economic downturn.
  • The risk of tenants defaulting on rent payments: While relatively uncommon, if tenants fail to pay their rent, it can be costly for landlords.

Despite these risks, investing in buy-to-let properties can present an opportunity for investors who conduct research and select the right properties.

Here are some recent statistics regarding the UK buy-to-let market:

  • The average monthly rent for a property in the UK stands at £1,087.
  • The average gross rental yield is 5.5%.
  • Over the five years, UK properties have experienced a capital gain of 27%.
  • There currently need to be more than 4 million rental properties in the UK.

Tips for investing in properties that you plan to rent out:

  • Research to select the property type and location.
  • Obtain a mortgage specifically designed for buy-to-let purposes from a reputable lender.
  • Be prepared for the various costs associated with being a landlord, including maintenance, insurance and taxes.
  • Seek assistance from a reliable letting agent who can help you find tenants and efficiently manage your property.
  • Remember that building a successful portfolio takes time and requires patience.


Investing in buy-to-let properties presents an opportunity for investors who are willing to put in the effort to conduct thorough research and make informed choices. The UK property market has demonstrated resilience and consistent growth over time, with rental demand projected to exceed supply in the years.

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 Your Dream Home Awaits: Houses for Sale in Saltash, Cornwall


Welcome to Pilkington Estates, your trusted estate agent specialising in helping buyers find their perfect homes in Saltash, Cornwall. With our extensive range of houses for sale, we are committed to assisting you in finding a property that matches your unique requirements, preferences, and budget. Let’s embark on a journey to explore the charming town of Saltash and discover the ideal home for you and your family.

Discovering Saltash, Cornwall:

Nestled in the picturesque county of Cornwall, Saltash offers a delightful blend of natural beauty, rich history, and a warm community atmosphere. Situated on the banks of the river Tamar, this vibrant town provides a perfect balance between peaceful countryside living and convenient access to nearby amenities and attractions.

Houses for Sale in Saltash:

At Pilkington Estates, we understand that finding the perfect home is a significant decision. That’s why we are proud to present a diverse portfolio of houses for sale in Saltash here, catering to various budgets, tastes, and requirements. From characterful period properties to modern family homes, our listings offer a wide range of options to suit different lifestyles and preferences.

Finding Your Dream Home:

We believe that your dream home should be within reach. Our range of houses for sale in Saltash spans a variety of price points, ensuring there’s something for everyone. Whether you’re searching for a cosy cottage with traditional charm or a contemporary house with all the modern amenities, our listings showcase properties that combine quality, style, and value.

Features and Amenities:

Our houses for sale in Saltash come equipped with a range of features and amenities designed to enhance your living experience. From spacious gardens and stunning views to well-designed interiors and ample parking, our properties offer the comforts and conveniences you desire. We carefully curate our listings to ensure that each property meets our high standards of quality.

Personalised Assistance:

At Pilkington Estates, we pride ourselves on providing a personalised and friendly service to our valued clients. Our experienced team of professionals is dedicated to understanding your unique needs and preferences, guiding you through the home-buying process, and helping you make an informed decision. We are here to support you at every step of your journey towards finding your perfect home.

Begin Your Home-Buying Journey Today:

Don’t miss out on the opportunity to find your dream home in Saltash, Cornwall. Contact Pilkington Estates today to schedule viewings or explore our online listings. Let us assist you in discovering the ideal house for sale that matches your lifestyle, budget, and aspirations. Your new home in Saltash awaits!

Click here to visit our website at or call us at 01752729777 to learn more about our houses for sale in Saltash. Start your journey towards finding your ideal home with Pilkington Estates.

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Understanding Mortgage Calculations: A Step-by-Step Guide

Purchasing a home is likely the largest financial investment you’ll make in your lifetime. And for most homebuyers, a mortgage is necessary to finance that dream. But before signing on the dotted line, it’s imperative you understand the ins and outs of mortgage calculations.

At Pilkington Estates, we aim to provide homebuyers with clarity around mortgage costs. This step-by-step guide breaks down the key factors that determine your monthly mortgage payment

  1. Purchase Price

The purchase price is the negotiated amount you agree to pay for the property. This forms the basis for all subsequent mortgage calculations, so accurately determining the home’s value is critical. Consider comparable in the area and work with an estate agent to establish a competitive offer.

  1. Down Payment

The down payment is the portion of the purchase price you pay upfront, reducing the amount you must finance with a mortgage loan. Down payments typically range from 5-20% of the purchase price. The larger your down payment, the less you’ll need to borrow.

  1. Mortgage Term

The mortgage term is the length of time over which you’ll pay back the loan, typically 15 or 30 years. The longer the term, the lower your monthly payments, but the more interest you’ll pay over the life of the loan.

  1. Interest Rate

Lenders charge an interest rate to compensate for the risk of lending the funds. Interest rates vary based on market conditions, your financial profile, the type of mortgage, and more. Even small rate differences can impact your monthly payment.

  1. Mortgage Type

Common mortgage types include fixed-rate, adjustable-rate, interest-only, balloon, jumbo, and FHA/VA loans. Each has unique terms that affect monthly payments. Understand the features to choose the optimal type for your situation.

  1. Calculate the Loan Amount

Subtract your down payment from the purchase price to get your loan amount. For example, if the purchase price is £200,000 and your down payment is 10% (£20,000), your loan amount is £180,000.

  1. Estimate Principal & Interest

Using a mortgage calculator, input the loan amount, interest rate, and mortgage term to estimate principal and interest payments. Principal is the amount you borrow, interest compensates the lender.

  1. Add Escrow

Many lenders require escrow accounts to cover property taxes and insurance. Escrow contributions get added to your monthly payment. Expect around 1.5-3% of the home price annually.

  1. Account for PMI

If your down payment is less than 20%, you’ll likely pay private mortgage insurance (PMI). PMI protects the lender from default risk and gets added to your payment.

  1. HOA & Other Fees

If the property is part of a homeowners’ association (HOA), account for HOA fees. Also factor in any other applicable fees like application or origination charges.

  1. Calculate Total Payment

Add together principal, interest, escrow, PMI, and fees to get your estimated total monthly mortgage payment. Plug this into your budget to ensure it’s affordable.

Mortgage calculations certainly aren’t simple, but being an informed buyer is the best way to get clarity on costs. At Pilkington Estates, our team of financial experts is here to walk you through the process and help determine the optimal mortgage solution for your unique financial situation. We’re dedicated to making your homebuying journey straightforward and stress-free. Contact us today to get started!

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Top Renovation Tips to Increase Property Value

In the ever-evolving world of property, homeowners and investors alike are constantly seeking ways to maximise their property’s value. Whether you’re preparing to sell or simply looking to enhance your investment, strategic renovations can significantly boost your property’s worth. Pilkington Estates, a leading UK-based property company, shares some top renovation tips to help you achieve this goal.

  1. Modernise Your Kitchen

The kitchen is often referred to as the heart of the home, and for good reason. A modern, functional kitchen can significantly increase a property’s value. Consider updating old appliances with energy-efficient models, installing new worktops, or adding a fresh coat of paint. Even minor changes can make a significant difference.

  1. Enhance Your Bathroom

Bathrooms are another critical area that potential buyers pay close attention to. Updating fixtures, tiles, and lighting can transform an outdated bathroom into a relaxing oasis. If space allows, consider adding an extra bathroom. According to Nationwide Building Society, an additional bathroom could increase your property’s value by approximately 5%.

  1. Improve Energy Efficiency

With growing awareness of environmental issues, energy efficiency has become a top priority for many buyers. Installing double-glazed windows, improving insulation, and integrating renewable energy sources like solar panels can not only reduce energy bills but also increase your property’s appeal to eco-conscious buyers.

  1. Invest in Outdoor Space

A well-maintained garden or outdoor space can significantly enhance a property’s appeal. Consider landscaping, adding a patio or decking area, or even installing an outdoor kitchen for those summer barbecues. According to the Royal Institution of Chartered Surveyors (RICS), a well-designed garden could add up to 10% to your property’s value.

  1. Convert Your Loft

A loft conversion is one of the most cost-effective ways to add value to your property. It not only increases the living space but also adds a unique charm to your property. According to a report by Nationwide, a loft conversion that includes a bedroom and bathroom could increase your property’s value by up to 20%.

  1. Refresh Your Decor

Never underestimate the power of a fresh coat of paint. Neutral colours can make your home appear brighter and more spacious, appealing to a wider range of buyers. Additionally, updating flooring, fixtures, and fittings can give your property a modern, well-maintained look.

  1. Add Off-Street Parking

In many urban areas, parking is at a premium. If your property doesn’t already have it, consider creating off-street parking. This could be particularly valuable in areas with restricted on-street parking.

  1. Maintain Structural Integrity

While cosmetic improvements are important, don’t neglect the basics. Ensure your property is in good structural condition. Address any issues with the roof, damp, or subsidence before they escalate. A structurally sound property is a valuable property.

In conclusion, strategic renovations can significantly increase your property’s value. However, it’s important to remember that not all improvements are created equal. It’s crucial to consider your property’s current value, the value of similar properties in your area, and the cost of the renovations.

At Pilkington Estates, we’re committed to helping you maximise your property’s potential. Whether you’re looking to sell or simply enhance your investment, our team of experienced professionals is here to guide you every step of the way. Contact us today to learn more about how we can help you achieve your property goals.Remember, your property isn’t just a home; it’s an investment. Make it count with Pilkington Estates.

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Tips for Moving into Your New Home by Pilkington Estates

Congratulations on finding your dream home! Now it’s time to start planning your move. Here are some helpful tips to make the process as smooth as possible:

Plan Ahead

The key to a successful move is planning and organisation. As soon as you have a moving date, start gathering supplies like boxes, tape, bubbl wrap, and markers. Make sure to order your removal van well in advance. If hiring removals, book them at least 4-6 weeks out.

Create a Moving Binder

Get organised by creating a binder with important information – removals’ contact info, utility account numbers, change of address confirmations, etc. Also include info about your new home like appliance manuals. Having everything in one place will make moving day less chaotic.

Purge and Pack Systematically

Don’t just start randomly packing – go room by room deciding what you want to keep, donate or chuck. Pro tip: take photos of electronics and specialty items before disconnecting and packing them. Clearly label and number all boxes by room.

  • Protect Your Belongings

Invest in quality packing supplies to avoid damage. Wrap fragile items individually in tissue paper, fill extra space in boxes with packing paper or towels to cushion items and secure lids with packing tape.

  • Make Travel Arrangements for Pets

If you have pets, arrange for them to stay with friends or board them during the most hectic moving days. Make sure their IDs and vet records are up to date and pack a pet travel bag with food, medications, leashes, bedding, etc.

  • Clean the Old Place

To get your security deposit back, thoroughly clean your old place, scrub surfaces, vacuum carpets, wipe down appliances, and sweep/mop floors. Turn off all lights, lock all windows/doors and drop off keys.

  • Check Utilities at New House

Contact utility companies to transfer or activate services like power, water, gas, internet, TV, etc. Make sure they are on before moving day or you’ll be sitting in the dark!

  • Unload Strategically

Have a plan for which boxes go where so removals don’t randomly drop them. Set up beds first so you have a place to rest. Unpack kitchen, bathroom and other essentials next. Leave non-essentials for later.

  • Update Important Accounts

Don’t forget to change your address with banks, schools, employers, insurance agencies, etc. Submit a change of address to the post office. Update driver’s license and vehicle registration.

  • Meet the Neighbours

Once settled in, introduce yourself to neighbours with a smile and a plate of biscuits. Getting to know those around you makes it feel more like home. Exchange contact information and let them know they can call you if ever in need.

  • Enjoy Your New Home!

Moving is tiring but incredibly rewarding. When all is said and done, take time to relax and enjoy your beautiful new living space. You’ve earned it after so much hard work. Congratulations on achieving the dream of homeownership.

Ready to find your dream home? At Pilkington Estates, we make your home buying and moving experience as stress-free as possible. Contact us today to begin your exciting journey to homeownership!

Here are some additional tips that you might find helpful:

  • If you’re hiring removals, get quotes from several different companies before making a decision.
    If you’re packing yourself, start early and label everything clearly.
    Take breaks throughout the moving process to avoid getting too tired.
    Don’t forget to celebrate when you’re finally done!I hope these tips help you have a smooth and stress-free move.
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The Rise of Remote Work and its Influence on Home Buying Decisions

The COVID 19 pandemic has greatly transformed our work habits with many companies embracing remote work options for their employees. This shift towards work has had an influence on the estate agent market as homebuyers are now seeking properties that cater to their remote work needs.

What are the key factors that homebuyers consider when selecting a home for work?

Here are some of the factors that homebuyers take into account when choosing a home for work;

  • Space; Homebuyers prioritisee finding homes with space to accommodate a dedicated home office. This could be a bedroom, a basement area or even a designated corner in the living room. A dedicated workspace is crucial for remote workers to maintain focus and productivity.
  • Connectivity; Homebuyers place importance on ensuring internet and phone services at their chosen residence. These services are essential for communication with colleagues and clients. Additionally, they may also consider the accessibility of transportation if occasional trips, to the office are required.
  • Natural light; Homebuyers who primarily work from home often value homes that offer an abundance of light. This can be beneficial, in enhancing efficiency and reducing strain on the eyes. It’s also important to consider light for the sake of well being as it can uplift mood and alleviate stress.
  • Additional amenities; Homebuyers may also have a preference for properties that offer amenities to enhance their work experience, such as access to a gym pool or hot tub. These features contribute to creating a productive work environment.

How has the emergence of work impacted the estate agent market in the UK?

The rise of work has resulted in effects on the UK estate agent market. One notable impact is the increased demand for homes located in areas. With more individuals having the ability to work remotely they are no longer constrained by living in areas with public transportation. Consequently there is a growing desire for residences situated in regions that offer ample space and a laid back lifestyle.

Another effect of work becoming prevalent is the surge in demand for homes that provide spaces. As people spend time at home they prioritize properties, with backyards, patios or balconies. The increasing demand, for homes in rural areas has been driven by the desire for outdoor space.

What does the future hold for the relationship between work and home buying decisions?

The impact of work on the UK estate agent market is expected to continue growing. With more individuals having the option to work from home we anticipate a surge in demand for properties located in areas and those offering ample outdoor space. Estate agents who can cater to the needs of workers will be well positioned for success in the years ahead.

Pilkington Estates stands as an estate agent in the UK specialising in both sales of properties tailored to meet the needs of workers. Our team comprises agents who possess knowledge, about what remote workers seek ensuring we can help you find your ideal home that matches your lifestyle. We also provide a range of services to assist you in selling or renting your home, which include;

  • Conducting market analysis and estimating prices
  • Arranging home staging and effective marketing
  • Handling negotiations and finalizing deals
  • Offering sale support

If you are a remote worker searching for a residence, in the United Kingdom don’t hesitate to reach out to Pilkington Estates today. We’re here to assist you in finding the home that suits both your requirements and budget.

Moreover, when selecting a home for work there are factors worth considering;

  1. Noise levels; Opting for a location is essential if you plan on working from home time. This will enable concentration and productivity.
  2. Climate; For winter work from home scenarios, it’s important to choose an insulated house that helps minimise energy costs.
  3. Accessibility of amenities; If you anticipate spending time at home it’s beneficial to choose a residence near amenities like grocery stores, restaurants and parks.

Count on Pilkington Estates to find the dwelling tailored specifically to your work needs. We have a group of agents who possess extensive knowledge on the real estate market in the UK. They are well equipped to assist you in your endeavours.


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The Importance of Property Valuations: A Guide for Sellers and Buyers

Whether you’re selling or buying a property, getting an accurate valuation is crucial. A valuation will give you an idea of a property’s true market worth, helping you set the right asking price or negotiate a fair deal. Here’s a guide to property valuations and why they’re so important.

Why do sellers need a valuation?

Setting the wrong asking price can seriously impact how long your property is on the market and the offers you receive. An overpriced property may attract few viewings and little interest from buyers. A valuation from a qualified surveyor will give you an accurate and up-to-date market price for your home, helping you list at the right level to sell quickly.

Why do buyers need a valuation?

Valuations can help buyers avoid overpaying and ensure any offer or mortgage amount is realistic. An independent valuation will confirm if an asking price is reasonable and highlight any issues that may affect a property’s true worth. This gives buyers confidence they are making a sound financial decision and not overextending themselves.

How much do valuations cost?

Valuation fees typically range between £150 and £300 depending on the property and complexity. Chartered surveyors usually charge the most but offer the most comprehensive reports. Estate agents often provide free ‘drive-by’ valuations but these tend to be less accurate and thorough. For peace of mind, we recommend an on-site valuation by a qualified surveyor.

What does a valuation involve?

A professional valuation will involve a surveyor visiting your property to inspect and measure all rooms. They will consider the property’s size, condition, location, market trends and recent comparable sales. For the most accurate results, the surveyor will spend at least an hour on site.

How accurate are valuations?

Professional property valuations are very accurate when carried out by a qualified surveyor. Chartered surveyors are legally required to provide an honest and impartial valuation. However, the final sale price can be impacted by many factors like the number of viewings and strength of offers. A valuation provides a realistic market range that your property is likely to sell within.

What else do valuations cover?

Comprehensive valuations also consider any issues that may impact a property’s value like:

* Structural problems

* Damp or woodworm

* Planning restrictions

* Flood risk

* Nearby developments

Any significant problems will be highlighted, allowing sellers to fix issues before marketing and helping buyers negotiate on price.

The importance of considering the property’s location when getting a valuation.

For example, a property in a popular area with good schools and amenities is likely to be worth more than a property in a less desirable location. The value of a property can also be affected by its proximity to transport links, amenities, and green spaces.

The impact of recent market trends on property valuations.

For example, if the property market is currently rising, then a property’s valuation is likely to be higher than if the market is falling. It is important to consider the current market conditions when getting a valuation, as this will give you a more accurate idea of what your property is worth.

The importance of getting a valuation from a qualified surveyor.

A qualified surveyor will have the experience and knowledge to accurately assess the value of your property. They will be able to take into account all of the factors that can affect a property’s value, and they will be able to provide you with a professional and impartial valuation.

The benefits of getting a valuation before you put your property on the market.

This will give you an idea of what price you can realistically expect to achieve and will help you to avoid under-pricing or overpricing your property. It will also give you a starting point for negotiations with potential buyers.

I hope this article has been helpful. If you have any further questions, please do not hesitate to contact us.