Intercounty blog

It is important for landlords to consider what sort of tenant they want, and how long they want the tenant staying with them. This is often a personal choice for landlords to make, but there is a lot to be said for having tenants who are happy to stay with you for a longer period of time.

At Intercounty, we care about the local property market in Chelmsford, and we stay in touch with what is happening nationally. There is no denying there is a shortfall in the supply of property right now, and this is having a major impact on the housing market.

According to a recent study carried out by online claims management company, Veriwise, 30% of the most serious tenant complaints relate to the misuse of a deposit. Around 25% of clients are unsure if or indeed where, their deposit is protected. 21% of complaints made to the company relate to damp and mould.

A new study carried out by the National Residential Landlords Association found that 57% of landlords stated that demand for rental accommodation increased in the third quarter of 2021. Only 39% of landlords found that there had been an increase in the second quarter of this year, so it is positive to see this movement in the market.

Take your home to property buyers safely and quickly. At Intercounty we offer virtual tours which include 3D floorplans and video tours for our properties. 

A lot of property owners carried out home improvement projects during the various lockdowns we have endured in recent years. It turns out, according to a new study carried out by GoCompare Home Insurance that this work might have led to a positive outcome for many homeowners.

Some good news for property buyers, and in turn property owners looking to sell their home, is that there is more choice in the market. According to Moneyfacts, there is more choice in the mortgage market now than there has been since 2008.

If you plan on selling your home, you need to have an EPC, or Energy Performance Certificate, in place. This is something we are more than happy to assist you with.

In life, it is natural that people ask what is coming next. No matter what is happening now, people tend to have an eye on the future, and this is certainly the case with the housing market. If you are looking for guidance in the Bishop’s Stortford housing market, Intercounty is here to assist you.

It is fair to say that the pandemic, and associated lockdowns, have changed what is important for many people. This is true when you consider the housing market, and what people are looking for in their home.

The Bank of England is expected to announce interest rate rises in the coming weeks.  Embrace Financial Services (EFS) is urging existing and potential borrowers to address their current or future mortgage needs to minimise the risk of higher mortgage repayments in the future.

Downsizing your home. What you need to know.   Moving to a smaller home can be a great opportunity to free up some equity from your home, live a different lifestyle and to save money.