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The latest property news for first-time buyers, seasoned investors, landlords and renters and everyone in between.
Market updates
House prices to rise by 8% in 2014, say RICS
"We expect all areas of the country to see prices increase, with London, predictably, recording the biggest rises" House prices will rise by another 8% next year due to the shortage of homes coming on to the market, surveyors have forecast. The Royal Institution of Chartered Surveyors (RICS) said all parts of the country would see prices rise, with the North East set for a 5% jump on top of gains over the last year.
Selling
The Early Bird Catches the Buyer
Many potential sellers wait until well into the New Year to enter the property market, thinking that few people are considering buying or selling a house in the first few weeks of January. But with many property websites reporting an increase in page views during the Christmas period, we recommend that potential sellers enter the market as soon as possible.
Selling
Rightmove study reveals true influence of floor plans
Recent research by Rightmove has revealed the power of floor plans when marketing properties for sale or rent; identifying that over half of the 10,000 survey respondents said they would NOT instruct an agent if they did not provide a floor plan.
JW Wood news
JW Wood invests in brand new tablet technology
Following the success of our Durham office valuation team using the Microsoft Surface Pro tablet computer whilst carrying out valuations, we have now added the brand new Microsoft Surface Pro 2 to our technology line up.
Market updates
Residential Property Market Survey
The October RICS Residential Market Survey shows the improvement in market conditions is becoming more widespread. The pace of demand exceeded that of supply in every part of the country, pushing up prices.
Buying
Help To Buy creates 75 homeowners a day: Cheap mortgage scheme a success, says Prime Minister
The controversial Help To Buy mortgage support scheme is enabling 75 families to buy a home every day, David Cameron will say today. The first figures on Help To Buy, in which taxpayers are expected to underwrite the mortgages of hundreds of thousands of homebuyers, suggest it is more popular than predicted.
JW Wood news
Just over a week to go until Estate Agency Conference
JW Wood will join fellow agents from across England, Scotland and Wales on 15 November to attend a national estate agency conference in London. Hosted by estate agency organisation Relocation Agent Network, the event is exclusively for its members and a great opportunity to find out the very latest industry innovations and best practices.
JW Wood news
JW Wood nominated for the 2013 Best Agent North East Region Award
Local independent estate agent JW Wood from County Durham is pleased to announce that the company has been shortlisted by Relocation Agent Network, a national network of independent estate agents, for the 2012 Best Agent North East Region Award.
Local news
County Durham charity auction bidders pay £9,000 for deflated football
A hat-trick of generous bidders has paid £9,000 for an old, deflated Hartlepool United football. The football is traditionally auctioned off at a sportsman's dinner held annually in County Durham for children's charity Barnardo's. The winning bidder usually takes the ball home before returning it ahead of the following year’s event.
Buying
Help to Buy Scheme Welcomed by JW Wood
Your local estate agent, JW Wood has welcomed the news that the Government has launched their Help to Buy scheme three months earlier than planned.
Buying
Tens of thousands of home buyers will today be offered 95 per cent mortgages
Tens of thousands of home buyers will today be offered 95 per cent mortgages by state-owned banks in a move which David Cameron says will make the “dream of home ownership a reality”.
Local news
Fundraising drive boosted by deflated football
A deflated Hartlepool United football has helped raise more than £260,000 for disadvantaged children. Every year the ball is auctioned off as the booby prize at an annual sportsman's dinner and every year the ball is returned to go under the hammer again.