Thomas Morris blog

While the COVID-19 pandemic has significantly shifted so much of what we used to take for granted in our everyday life, there is no getting away from the impact remote working has had, and will have, on the property market.

There has been considerable turmoil in the UK of late, but we are still a place that appeals to overseas property buyers and investors. Even with Brexit in place, and there will be challenges to overcome in that regard, it is likely that UK property will still sell to foreign buyers and overseas property investors.

If you are a leaseholder, the New Year offers some positive news for you with respect to your property. Housing Secretary, Robert Jenrick, has announced these property owners will be given the right to extend their lease by a maximum term of 990 years. Just as importantly, this will be offered at zero ground rent.

We know many factors influence buyer decisions, but in the current climate, parks and open spaces matter.

With the UK in lockdown once again, you don’t need us to tell you this is a challenging time.

If you plan on selling your home, it is vital you focus on your needs and challenges. However, part of the task in selling your home is connecting with buyers. This means you should pay attention to what buyers search for, and what compels people to make an offer on a property.

Selecting an effective estate agent to sell or rent out your home can be a difficult and sometimes confusing task. Should you rely online reviews? Look out for an agents board presence? Scour the web for information on past performance? Seek recommendations from friends or previous clients?... or… check out the Best Estate Agent Guide 2021, supported by Rightmove and the Property Academy.

With the stamp duty holiday in place, this is an ideal time to sell your home. If you are a homeowner in Ramsey, contact Thomas Morris and we’ll arrange a property valuation for you.

As a landlord, you know how important it is to comply with regulations. At Thomas Morris, we work hard to ensure landlords are fully informed with the regulations impacting the industry and their business.

There is no denying tenants, like buyers, are looking for homes with more space. The lockdown period earlier in the year has significantly affected how people view their home, and what they consider essential for modern living.

With the stamp duty holiday causing many people to consider moving home, it is likely many people will be active in the market in the next few months.

With so much focus on the property market, and the impact of the stamp duty holiday, we appreciate times are challenging for landlords. It might seem as though there is a significant push to move people towards homeownership and away from renting.