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Earlier this week, Jeremy Corbyn used his leader’s speech at this week’s Labour conference in Brighton, to commit the party to introduce rent controls when it next forms a government. “Rent controls exist in many cities across the world and I want our cities to have those powers too and tenants to have those protections” he told delegates. Residential Landlords’ Association policy director David Smith said “Rents are high due to the continued failures by successive governments of all stripes to build enough new homes in the right places. Instead of attacking landlords who are helping to provide homes, it would be better to treat them as part of the solution and to supplement their efforts with a sustained and well thought out building programme overseen by government” Surprisingly, even Shelter has warned that this could indirectly “end up harming” the very tenants which Corbyn and his colleagues seek to protect.  Shelter chief executive officer, Polly Neale, says: ...

Martin & Co has recently launched a brand new version of their website. Whilst I am sure that most of our customers will have better things to do than check out all the new features of our site, there is one part of the site that you may find interesting … This new feature of the website is powered by Hometrack, a tool used by 16 of the top 20 mortgage lenders when assessing the value of a property for mortgage purposes. As an Estate Agent, I have seen many online valuation tools come and go, and most of them have provided wildly over optimistic pricing assessments that leave vendors disappointed when their local agent informs them that their property is not as valuable as they had hoped. I have often tested these tools on my own property and received valuations that over-valued the property by as much as £100,000! However, with Hometrack, most of the valuations I have seen have been pretty close to the correct market value. The tool, whilst good, cannot allo...

jordy Gillard     Now that everyone has returned from their summer holidays, and the new school terms have started, it is a good time to assess the market.   Since May 2017, the market in Basingstoke for both sales and lettings has been one of the most challenging in recent years. The number of new properties coming to the market is currently around half that of 12 months ago.   There have been many factors that have contributed to this as we have discussed before, not least of which are Brexit, the impact of the general election on the housing market, and the seasonal impact of the holiday season. During this time, we have seen a number of properties on the market reduce their pricing in order to achieve a timely sale or let.   On top of this, the Bank of England have made their strongest hint yet that a rise in interest rates may be likely, sparking a rise in the value of the pound against other currencies, and yet onl...

We have apartments from £160,000. This one is on the market at £180,000