Monday, 26 July 2010

New Developments Taking Place in Mapperley


Mapperley, just three or four miles north of Nottingham City Centre, is currently enjoying a fantastic influx of new homes as the ever-increasing demand for new Nottingham developments continues. Able to offer an ideal range of benefits in terms of their geographical positioning and local services, the specific build sites of Regency Heights and Chartwell Grange are part of a model region for new builds and new developments whose community is sure to grow and strengthen in the years to come.

Overlooking the Trent Valley and offering wonderful views of the surrounding countryside, it's not difficult to see the attraction. Able to trace its roots back as far as the thirteenth century and once an area of lush pasture for grazing cattle, the tiny hamlet soon expanded as the industrial revolution set in. Historically benefitting from the brick making trade, bricks originating in Mapperley’s kilns were sent to help build London’s St. Pancras Station.

But Mapperley never lost its inherent charm and as such it still maintains a peaceful ambience in keeping with its rural history. Offering excellent transport links to surrounding districts such as Arnold, Sherwood, Carrington and Gedling as well as fantastic amenities, not to mention the array of restaurants, theatres and shopping centres available in nearby Nottingham City Centre, Mapperley really is an attractive proposition for new homes and new developments in the Nottingham area.

And what’s more, not only does the region provide facilities and clubs for football, golf, cricket, tennis and a variety of other sports, but Nottingham is also the home of the world famous National Watersports Centre at Home Pierpont.

If you’re just starting out on the property ladder and looking for a first home, or if you fancy moving out of town to an area with all the benefits and amenities of the city-centre but in peaceful suburban surroundings, Mapperley is definitely worth considering.

Tuesday, 20 July 2010

Did you know?

There are eight regular, monthly reports into the property market in the UK. Each one of them has its own strengths, weaknesses and data sets.

Nationwide, Halifax, the Royal Institution of Chartered Surveyors (Rics), the Land Registry, the Department for Communities and Local Government (DCLG), the Council of Mortgage Lenders (CML), Hometrack and Rightmove all produce monthly reports. Financial Times Academetrics then tries to build its own report based on those ones while websites such as Zoopla and mortgage sites produce reports now and again to add to the fun.

Journalists produce stories based on either one or several of these reports, they also call the people that provide the reports for specific data from time to time - adding even more confusion to the mix.

Friday, 16 July 2010

A Guide to Part Exchange Houses

Homebuyers who want to move up on the property ladder are finding a part exchange to be a way to move up without having to worry about how they are going to sale their old home. Part exchange is a simple process that takes place when someone who wants to buy a house sells their house to the house builder that is selling them a house. The price that the builder pays the homebuyer for their old house is based upon an average of several quotes taken from local estate agents. The price given is then taken off the price of the new home purchase.

Homebuyers who do a part exchange are able to buy a home without having to worry about a bad turn in the market keeping them from buying selling their existing home. This allows homebuyers the luxury of being able to buy a home when it is good time for them to do so. A part exchange could possibly help a homebuyer to take advantage of a good deal on a new house that otherwise they may not have been able to purchase without doing a part exchange.

There are other advantages to doing a part exchange; one of them is the speed in which an individual can be moved into their new house. It can just take few days to put a deposit on the new property and to receive a price for the old one. In some instances, homebuyers can be in their new home in six weeks from the time that they reserve the home.

Another advantage to a part exchange is that only one customer is involved in the transaction. This can greatly simplify matters and makes a part exchange an attractive option for homebuyers.

Yet another advantage to a part exchange is the money that is saved on estate agents fees. When making a large purchase such as a house, any money that can be saved is good.

While there are many advantages to doing a part exchange when buying a new home, homebuyers should exercise caution when using this facility. They should make sure that the house they are buying is covered by a structural warranty from a well-known provider such as the National House Building Council. Homebuyers also need to be clear about what is exactly is covered in the purchase price. A homebuyer needs to know what they are getting into and know that they are covered.