Wortley (LS12, LS13, LS28) Tel: 0113 231 1033
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Email: sales@kathwells.com

Property News

Welcome to our blog! We regularly provide information about the property market and issues that will affect the value and / or return on investment you can expect for your property.

Coronavirus (COVID-19) update (23/03/20)

The health and safety of our colleagues, customers and community is our highest priority. In line with Government advice on social distancing, we are working from behind closed doors, but we continue to work on behalf of our customers either remotely, or from within the branch.

Coronavirus Update

As we all face the unprecedented situation with Coronavirus (COVID-19), it is more important than ever that we operate safely and responsibly.

What is an EPC and how do I read it?

Energy Performance Certificates (EPCs) were introduced in 2007 to give buyers a better understanding of the energy efficiency of a property they may wish to buy. The EPC is a legal  requirement if you are selling or renting a property and are valid for 10 years...

Categories

Coronavirus (COVID-19) update (23/03/20)

Coronavirus (COVID-19) update (23/03/20)

The health and safety of our colleagues, customers and community is our highest priority. In line with Government advice on social distancing, we are working from behind closed doors, but we continue to work on behalf of our customers either remotely, or from within the branch.

Coronavirus Update

Coronavirus Update

As we all face the unprecedented situation with Coronavirus (COVID-19), it is more important than ever that we operate safely and responsibly.

What is an EPC and how do I read it?

What is an EPC and how do I read it?

Energy Performance Certificates (EPCs) were introduced in 2007 to give buyers a better understanding of the energy efficiency of a property they may wish to buy. The EPC is a legal  requirement if you are selling or renting a property and are valid for 10 years...

Upgrade your bathroom and add value to your home

Upgrade your bathroom and add value to your home

If you want to add value to your home, and make it a better place to live upgrading your bathroom can bring surprising benefits. One of the most important rooms in a house, it's a place where you can relax and unwind after a hard day. As well as get ready before going...

Upgrade your bathroom and add value to your home

Upgrade your bathroom and add value to your home

If you want to add value to your home, and make it a better place to live upgrading your bathroom can bring surprising benefits. One of the most important rooms in a house, it’s a place where you can relax and unwind after a hard day. As well as get ready before going out or calling it a night.

What will happen to the property market in 2020?

What will happen to the property market in 2020?

House prices increased by an average 33.7% in the last decade and despite being relatively flat over the last couple of years, due to the uncertainties surrounding Brexit, are set to rise by a further 15.3%, according to latest predictions, in the next 5 years....

Buying and selling over Christmas

Buying and selling over Christmas

Think you need to avoid selling your property over Christmas? Think again. Potential buyers have more time over Christmas and, according to Rightmove, the Christmas period and particularly Boxing Day, is one of the busiest of the year, with people searching for a new...

Private Residence Relief Changes

Private Residence Relief Changes

Did you know that when you rent out all or part of your home a Capital Gains Tax (CGT) charge may apply when you sell the property? Currently, HMRC exclude the last 18 months of your ownership – even if the property is let for this time – when assessing any CGT liability. However, in a draft of the Finance Bill released earlier this year, HMRC have confirmed that this 18-month period will be reduced to 9 months from April 2020. Disabled property owners, or those in a care home, will continue to be exempt for 36 months.

The house buying fees you’ll also need to budget for

The house buying fees you’ll also need to budget for

If you’re thinking about buying a new home, you’ll need to budget for more than just the deposit. It’s a stressful time, saving! You work hard to put away savings each month and feel like celebrating when you have saved enough for that all important deposit. But don’t get carried away too early, as there are other costs that you need to take into account!

When you’re working out your ‘buying a house’ budget, you also need to take account of the cost of buying, your mortgage fees and moving costs – on top of your deposit. It all adds up and can easily plunge you into debt if an unexpected bill hasn’t been taken into account.

10 Pitfalls To Avoid When Selling Your Property

10 Pitfalls To Avoid When Selling Your Property

Buying and selling a home can be a stressful process, so it’s important you are aware of the pitfalls that can cause a sale (or rental) to fall though. If you address these early in the process your chances of the deal going through is much greater.

According to the NAEA (National Association of Estate Agents) Propertymark, these are the factors that most commonly cause issues..

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