Blog

Check out your home’s flood risk

Put your post code into the environment agency web site to check your flood risk

http://maps.environment-agency.gov.uk/wiyby/wiybyController?x=531500.0&y=181500.0&topic=floodmap&ep=map&scale=3&location=London,%20City%20of%20London&lang=_e&layerGroups=default&textonly=off

Flood risk homes could become uninsurable – so effectively unsellable – from next year

This is a scary article outlining how the government are going to stop supporting the insurance industry in insuring homes in flood plains from next year meaning many people could be left without insurance, and with no insurance, no realistic chance of selling their homes. Or at least not for market value. Surely the government and insurance companies will have to find a compromise?

http://www.estateagenttoday.co.uk/news_features/New-warnings-on-homes-in-flood-areas

Port Vale Parking Scheme could affect local house prices

The local council are proposing making changes to the yellow lines and parking arrangements for Port Vale that could affect local house prices, home owners and businesses. Local resident, Andrew Figgis, is calling for a meeting of local residents in the Millstream Pub and we fully support all of his efforts. Andrew sums up the issue very clearly below:

PORT VALE PARKING SCHEME
PLEASE DO NOT IGNORE THIS AS IT AFFECTS YOU AS YOU LIVE IN THIS ZONE
Did you realise East Herts District Council is proposing to introduce a residents parking scheme in the Port Vale area? All road space in the area of Port Vale (Hertford North side of the barrier) and Balfour Street (to the bridge) will be either paying resident parking bays or double yellow lines (no parking or waiting at any time).
This will REDUCE the number of parking spaces in the area
This is despite their own consultation…

New Facebook App could revolutionise the estate agency business

I have just read a report in Estate Agency Today that could have huge implications for our business. http://www.estateagenttoday.co.uk/news_features/New-Facebook-app-set-to-launch-to-sell-houses. There was always likely to come a time when social networking gave people a way to bypass agents and sell houses directly to one another. This new App has brought that a step nearer, though I have to say I think we are still a long way off. Estate agents are going to need to work out where and how they add value to the whole house selling and buying process to remain relevant in this new world. Standing still is not going to be an option.

BBC predicts flat market in 2012

The New Year is nearly upon us and the BBC have their first article looking into the crystal ball and predicting what will happen to the housing market in 2012:

http://www.bbc.co.uk/news/business-16356568

Although they talk about stagnation, I think there is reason for optimism. They note that the market nationally was “surprisingly resilient” in 2011 with a 1% rise nationally. The picture was much rosier in London with a 5% rise, so the Hertfordshire market will have benefitted from that. In 2012 it looks like the market will be as flat as a pancake, which is no bad thing really.

If people believe the market is stable they are far more likely to be happy to move, which means a market operating more normally. Its dramatic rises and falls that cause problems in the market so a flat market may be boring, but sometimes boring is good!