How the recent hot weather could cause a tsunami of subsidence claims for insurance companies

Breaking news! With the unprecedented hot summer this year, there will undoubtedly be an avalanche of subsidence claims so, insurance companies look out, there could be a tsunami coming your way!

Does anyone remember the scorching hot summer of 1976? If you do, you will recall that months or years later, this was followed by an avalanche of subsidence claims, with regard to the movement of the foundations of properties, as a result of the sub-soil drying out. Continue reading

The first fruits of Brexit?

In the first two quarters of last year, trading for us, was positively awful in all price ranges, so much so, that we thought our phones had been ‘cut off’ by our competitors and that the ‘end of the world was nigh!’

Thank goodness, from July 2017 until the present day, certainly amongst the international buying community, the word is out that London property prices are now cheap, having been decimated by the ridiculous Stamp Duty hikes of the last Chancellor, where discount on values in the order of 30%, are now quite common. Continue reading

Top Secret: Why Are Asking Prices So Critical, Particularly In The Market Today?

You would think that common sense would prevail, when sellers or landlords are pitching their asking price in a challenging market wouldn’t you? If only it did.

Vendors or landlords of residential property, aided and abetted by duplicitous agents, are always trying to ‘crank’ the asking price of their properties, regardless of the negative effect that this has on the marketability of the property itself. Continue reading