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Open Day Bonanza

London is booming. With such an increase in demand, we now hold regular open days on properties for sale and usually have an offer accepted the same day which exceeds our seller’s expectations. As well as being successful, these days have also been entertaining. On one open day in Beckton,

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Gazumping is Back

Gazumping may sound like an exotic African mammal, but unfortunately its true meaning is not so romantic. Gazumping is the act of a property seller taking a higher offer for their property from an outside party despite already having agreed a sale with another buyer for a lower amount. With

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Mortgage Rules to Change

Following the Mortgage Market Review by the Financial Conduct Authority, the process of getting a mortgage is likely to get harder with potentially less money available to people to borrow. The new rules are designed to protect borrowers from taking on more debt than they can afford and lenders will

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Rise in property sales leads to reduction in potential rentals

ARLA report shows reluctant landlords may become a thing of the past Association of Residential Letting Agents (ARLA) research reveals that the number of people letting out properties because they have been unable to sell has dropped to a record low. According to ARLA’s latest quarterly report, the percentage of

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The Bank of Mum and Dad

With the average house price in the UK being £254,000 and £500,000 in London, the average salary of £26,500 isn’t anywhere near enough to cover buying a home. Even if you go in with a partner earning the same, there is still around a £50,000 deposit required get a mortgage.

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Beware the Non Paying Tenant

In 2013, just under 40,000 tenants were evicted from their homes by court appointed bailiffs according to the Ministry of Justice. This is the highest number since records began and is exasperated in London where rents are rising faster than wages. If people lose their jobs or their unsustainable lifestyles

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London – Safe as Houses

With just under 8.2 million people squeezed into 606 square miles, London is one of the most populous places in the UK and 24th in the world. All these people need a place to live. London is often in the top 5 of the world’s most expensive cities to buy

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Two Homefinders Estate Agency Branches Named Amongst Best in London

The London estate agent Homefinders has been named amongst the best in London by industry experts AllAgents.

The largest directory and review website for the property industry, AllAgents is a professional rating engine. It has named two of the Homefinders branches as being amongst the best in their area for

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London’s Hotspots Revealed

A property consultant called CBRE has recently published a report listing London’s property hotspots for investment. Factors such as population increase, new infrastructure projects and regeneration were taken into consideration to work out which areas would offer the best return. Top of the list is our very own Hackney. Having

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