Recently, many high street estate agents have come under attack for overvaluing properties in order to attract more stock. In a slow Prime Central London property market, it is easy to see why. Research conducted by The Guardian claimed that some estate agent chains are overvaluing properties by up to 25% in order to get […]
Whatever your reasons for looking to buy a London property, whether it be your dream home, an investment opportunity or a holiday getaway, the fact remains, it can be a complicated, drawn out and overwhelming process. What most buyers are unaware of is that they don’t have to go through it alone. Increasingly, buyer’s agents […]
When it comes to selling your home, the process can be difficult enough without the added issues of actively turning buyers off. These things may sound like common sense, but all too often they are overlooked or forgotten about. So, here at Walton Estates we thought it would be a good idea to list out […]
If you’ve had your house on the market for some time, it can be very frustrating to not know why it isn’t selling. It has often been the belief that a property will sell itself, but this simply isn’t the case, to give you some guidance, we thought we’d list five reasons that might effect […]
Can you still make a return on buy to lets in prime central London? Typically rental yields in the prime central market are among the lowest in the UK, but there are still plenty of places where a good return can be made in the heart of London. Recent data from Knight Frank reveals that […]
January 2018 saw a surprise uptick in UK house prices with a 3.2% rise within the period, which is now at a 10 month high. The average house price in the UK reached £211,756 according to data from Nationwide. This represents the highest average value ever recorded by the Building Society. The suggestion is that […]
An Omani sheikh has spent £25 million on two Knightsbridge flats, a clear vote of confidence in London’s beleaguered super-prime market. Snapping up a £17 million, 6,000sq ft apartment in Cadogan Square as his family’s residence and a second £8 million four-bedroom flat overlooking Hyde Park for guests and staff. Combined, the deal achieved more […]
Theresa May’s decision to call an election on June 9th caught the financial and property markets by surprise. Markets generally hate uncertainty and the property market is no different. Until the election we predict some discretionary sellers may hold off putting their properties on the market until after the election. Stock is already at record […]
At Walton Estates we pride ourselves on our customer service and the level of detail we provide to our vendors and buyers. Buying a home can be a minefield if you do not know what questions you should ask before placing an offer. While we all think we know the basic questions to ask, clients […]
Now that Teresa May has finally triggered Article 50, Brexit has been brought sharply into focus its effect on property prices and in particular on the capital. Much has been written about the effect of Brexit on property prices. It is important to distinguish between different market – firstly prime central London (PCL) covering the […]
Successive increases in stamp duty including the buy-to-let surcharge of 3% on second homes last April has failed to dampen Stamp Duty receipts. According to government figures, Stamp duty surcharge on buy-to-lets generated nearly £1 billion of revenue in the last 6 months of 2016. Overall Stamp Duty on residential homes climbed to £8.28 billion […]