Welcome to our November edition

Welcome to our November edition




Labour hosebuilding targets 2024

 



Situated on the sought-after Oak View Road Development in Wadebridge, this three-bedroom end terraced property presents a fantastic opportunity for first-time buyers, families, or anyone looking to call the wonderful...

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This historic 17th-century public house, once known as The White Hart and now formally knows as The Laurels Inn, sits at the heart of the village next to the church. Over the years, it has served various roles, including as a...

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The UK property market has a lot going for it thanks to a year in which mortgage rates finally dropped and confidence replaced uncertainty. This encouraged buyer demand, and the number of sales agreed increased by 25% on the previous year.* If you're considering relocating in 2025, there are numerous compelling reasons to get started. Here are 10 reasons to buy in 2025. 

 

Fair pricing  

House prices did not skyrocket in 2024, rising by an average of 1% compared with 2023.* This means you will not pay through the nose and get the house you want at a fair price, and the earlier you start, the better.  

 

Achieve a good selling price  

You will also get a good price for your current home, which will have likely enjoyed excellent increases in value over the years. Strong levels of demand mean you will not be left waiting around for a buyer.  

 

Good mortgage deals  

Mortgage rates improved during 2024, and the good news is this is set to continue in 2025. Now that we are getting closer to a settling point and have not fallen to the previous unsustainably low levels, the market sentiment is one of ‘move now. 

 

 

Move up  

If you are moving up or selling up, buying is always worth considering when the market is on the up. The conditions for moving up the ladder are ideal, creating a real window of opportunity in 2025. 

 

Fabulous choice  

Fabulous properties are appearing in every county and almost on every street, increasing your chances of finding what you want. This is boosted further with some second homeowners and landlords selling up.  

 

No elections  

Unless something rather unpredictable occurs, 2025 does not have to contend with the uncertainty that a general election can bring. This means you can focus on any tax or buying advantages the government offers.  

 

Good timing  

Making an early start has numerous benefits. Many sellers are already placing their homes on the market in December in anticipation of the Boxing Day Boom and the January rush, not forgetting the early build up to the spring market.  

 

Start your future  

With future growth levels appearing to be favourable, investing in your future now could be a good move. Investing in property can help secure your future while providing the perfect setting to enjoy so many magical moments. 

 

Less stress more certainty  

More certainty means less stress. Moving home is a big decision, but the right guidance prevents niggling worries from becoming big concerns. You will have many questions, and the answer to all of them is to use good property professionals. 

 

It’s easier  

Evolving technology that connects you to the right homes that allows virtual viewings to virtually all you will ever need during your move, makes the buying process easier. Agents in 2025 will combine tech with local expertise to give you better service. 

 

Buying or booking a valuation? Contact us for guidance  

 

October Zoopla HPI* 



How to minimise wear and tear in your rental property without overspending

 

Keeping a rental property in good condition is essential for maintaining its value and attracting quality tenants. However, regular use naturally leads to wear and tear, and constant repairs or replacements can become costly. For landlords, the key is to minimise damage while keeping expenses under control. Here are some practical and cost-effective ways to reduce wear and tear in your rental property without overspending. 

 

Choose durable materials and finishes 

Investing in high-quality, durable materials for flooring, walls, and fixtures can reduce the need for frequent replacements. Hard-wearing laminate or vinyl flooring is a cost-effective alternative to carpets, as it is easier to clean and less prone to damage. Walls painted in washable, scuff-resistant paint allow for easy maintenance, reducing the need for frequent repainting. Opting for sturdy, low-maintenance kitchen units and bathroom fittings also helps minimise wear over time. 

 

Set clear expectations with tenants 

A well-informed tenant is more likely to take care of the property. Providing a clear tenancy agreement that outlines maintenance responsibilities, such as keeping carpets clean and reporting issues promptly, encourages tenants to look after their home. A simple guide on how to care for appliances, heating systems, and ventilation can also prevent unnecessary damage caused by misuse. 

 

Use protective measures in high-traffic areas 

Simple, affordable additions can significantly reduce wear in areas that experience the most use. Doormats at entrances help prevent dirt and grit from damaging flooring, while fitted furniture pads protect wooden or tiled floors from scratches. Installing door stoppers and kick plates can prevent damage to walls and skirting boards, reducing the need for repainting and repairs. 

 

Carry out regular inspections and maintenance 

Regular inspections allow landlords to catch small issues before they become expensive problems. Spotting early signs of damp, leaks, or damage gives you the chance to address them before they lead to costly repairs. A scheduled maintenance check every few months helps keep the property in good condition and reassures tenants that issues will be dealt with promptly. 

 

Provide quality fixtures and fittings 

While it may be tempting to furnish a rental property with budget-friendly items, poor-quality fixtures can break easily and require frequent replacement. Investing in sturdy door handles, strong curtain poles, and reliable kitchen appliances can save money in the long run by reducing the need for repairs. Choosing neutral, timeless designs also helps prevent the need for frequent updates due to changing trends. 

 

Encourage responsible tenant behaviour 

Encouraging tenants to report maintenance issues as soon as they arise can prevent minor problems from turning into expensive repairs. Providing a simple process for reporting issues and responding quickly to repair requests builds a positive relationship with tenants and helps keep the property well-maintained. Offering incentives for long-term tenants who take good care of the property, such as minor upgrades or professional cleaning, can also be beneficial. 

 

Limit excessive wear with smart furnishing choices 

For furnished rentals, choosing stain-resistant fabrics for sofas and chairs, and using wipeable surfaces for dining tables and worktops, can help keep furniture in good condition for longer. If you provide a washing machine, consider installing a filter to prevent damage from limescale and debris. Simple choices like these can significantly extend the lifespan of furnishings without increasing costs. 

 

Use a professional end-of-tenancy clean 

At the end of each tenancy, having the property professionally cleaned can help prevent long-term damage. Deep cleaning carpets, appliances, and bathrooms keeps them in good condition and makes it easier for new tenants to maintain the property. Some landlords include professional cleaning as a requirement in the tenancy agreement, ensuring the property is returned in good condition. 

 

Protect your investment cost-effectively 

Reducing wear and tear does not have to be expensive. By choosing durable materials, setting clear expectations, and maintaining the property proactively, landlords can keep their rental homes in excellent condition without overspending. A well-maintained property attracts responsible tenants, reduces repair costs, and helps ensure a long-term, profitable investment.  

 

Contact us today for practical solutions to protect your property investment 

 

 



Tips to make your offer more attractive to sellers without overpaying

 

In today’s competitive property market, securing the home you want requires more than just making a high offer. Sellers consider multiple factors when choosing a buyer, and a well-structured, appealing offer can give you the edge without stretching your budget too far. Here are some key strategies to make your offer stand out while ensuring you pay a fair price. 

 

Get your finances in order 

Sellers prefer buyers who can move quickly and with confidence. Having a mortgage agreement in principle (AIP) shows that you are financially prepared and serious about buying. If you are a cash buyer, making this clear in your offer strengthens your position, as sellers often favour buyers who do not rely on mortgage approval. 

 

Be flexible with your timeline 

A seller’s ideal buyer is someone who fits their moving plans. If they need a quick sale, being ready to proceed without delays can put you ahead of the competition. On the other hand, if they need extra time to find a new home, offering flexibility on move-in dates could work in your favour. Asking the seller about their preferred timeline and accommodating their needs can make your offer more appealing. 

 

Keep your offer clean and simple 

Avoid adding unnecessary conditions that could slow down the process. Sellers may be put off by offers that are dependent on selling another property or subject to extensive surveys and delays. A straightforward offer with fewer contingencies reassures the seller that the sale is less likely to fall through. 

 

Establish a good relationship with the seller 

Property transactions are not purely financial. Sometimes sellers favour buyers they feel a connection with. Expressing why you love the property and how you plan to care for it can create goodwill. This is especially effective when sellers have an emotional attachment to their home. 

Work with a reliable estate agent 

A well-regarded estate agent can present your offer in the best light and highlight your strengths as a buyer. If you are working with a trusted agent, they can communicate your seriousness and financial readiness to the seller’s agent, giving you a competitive edge. 

 

Show you are ready for a smooth transaction 

Being prepared with all necessary documents, such as proof of funds and solicitor details, demonstrates that you are serious and ready to move forward. Sellers and agents appreciate buyers who are organised and can proceed without unnecessary delays. 

 

Win the offer without overpaying 

Securing a property does not always mean offering the highest price. A well-prepared, flexible, and confident approach can make your offer more attractive without exceeding your budget. By presenting yourself as a strong, reliable buyer, you increase your chances of getting the home you want without paying over the odds. 

 

Need expert advice on making a winning offer? Contact us Bond Oxborough Phillips for guidance on navigating the buying process successfully 

 



Understanding your rental yields is crucial for making smart investment decisions. While the advertised rent might look appealing, the true return considers costs, taxes, and periods when the property isn’t occupied.

 

Void period costs
Empty properties mean lost income. Factor in potential gaps between tenancies and remember that longer void periods can significantly reduce your annual yield.

 

Maintenance expenses
Repairs, regular maintenance, and emergency fixes all eat into your profits. Keeping a realistic maintenance budget ensures your calculations reflect the actual returns you can expect.

 

Tax implications
 Income tax, capital gains, and allowable deductions all impact your bottom line. Understanding what you can offset and what you must pay helps you plan more accurately.

 

ROI analysis
Calculating your return on investment isn’t just about rent versus purchase price. Include all outgoings, potential voids, and tax liabilities to see the full picture of your property’s profitability.

Want a clearer view of your rental returns this winter? 

 

Speak to your local branch for tailored calculations, expert advice, and strategies to maximise your yield

 



Understanding the buy-to-let landscape
For many investors, buy-to-let remains a cornerstone of a balanced portfolio. In November, demand can shift slightly as tenants plan for the colder months, creating opportunities for landlords to secure reliable long-term tenants. Consider properties in areas with strong rental demand and low vacancy rates, these locations often provide consistent income and reduce the risk of void periods.

 

Spotting capital growth potential
While rental yields matter, don’t overlook long-term capital growth. Early winter can be a quieter period for sales, allowing you to negotiate favourable prices. Look for neighbourhoods undergoing regeneration, with upcoming infrastructure projects or school improvements. These factors often indicate strong appreciation potential over the next 5–10 years.

 

Calculating rental yields
As the autumn comes to an end and winter infolds, it is the perfect time to review potential rental returns. Factor in seasonal variations, maintenance costs, and management fees. A property that looks attractive on paper in summer might have higher running costs in winter, so calculate net yields carefully. Remember, a realistic view of income and expenditure ensures your investment remains profitable year-round.

 

Tax implications for investors
Tax planning is essential before making a purchase. Consider how mortgage interest relief, capital gains tax, and income tax on rental profits impact your returns. Early winter is an ideal time to consult a tax adviser, ensuring your purchase aligns with financial goals and avoids surprises when preparing year-end accounts.

 

Making the most of November opportunities

  • Research thoroughly: Use local market reports, property portals, and estate agents to identify promising areas.
  • Negotiate wisely: Fewer buyers in the market may give you an edge in price discussions.
  • Plan for the colder months: Factor in higher maintenance costs, heating bills, and seasonal vacancy trends when assessing yields.

Property investment requires a careful blend of analysis, timing, and strategic thinking. November, with its quieter market and early winter conditions, can be an advantageous period for investors who do their homework and act decisively.

 

Spot your next investment – talk to your local Bond Oxborough Phillips branch today

 



Who pays what
Understanding your obligations is the first step to staying on top of winter utility bills. Tenants are usually responsible for day-to-day energy use, water, and sometimes council tax, depending on the tenancy agreement. Landlords typically cover central heating in some cases or may handle communal utilities in flats. Always check your contract carefully – clarity upfront can prevent disputes later.

 

Estimated vs actual bills
Many utility companies send estimated bills based on previous usage rather than actual metre readings. This can be tricky in winter when usage spikes. Tenants should submit metre readings regularly to avoid overpayment and ensure bills reflect real consumption. Likewise, landlords should remind tenants of the difference between estimates and actual costs, especially if a property is empty for a period.

 

Switching suppliers
Winter can be expensive, so switching suppliers or tariffs could save money. Tenants should compare deals, consider fixed-rate plans, and ask landlords if there are preferred providers for the property. Just make sure any switch complies with the tenancy agreement to avoid contract issues. For landlords, offering guidance on approved suppliers can help tenants manage costs and prevent disputes over unpaid bills.

 

Handling debt responsibly
If bills start to pile up, act quickly. Contact your supplier to discuss payment plans and keep communication transparent with your landlord. Debt advice services and energy support schemes exist to help tenants manage arrears and avoid escalation. Prompt action can prevent small debts from turning into larger legal or financial issues.

 

Tips for winter energy management
Small steps make a big difference. Use energy-efficient appliances, seal draughts, and monitor usage closely. Tenants should document any issues, like faulty metres or heating malfunctions, so there’s a clear record in case of disputes. For landlords, ensuring the property is well-insulated and heating systems are maintained reduces complaints and helps tenants manage bills.

 

Need help understanding your utility responsibilities this winter? 

 

Speak to your local branch for practical advice, bill management tips, and support in avoiding costly disputes

 



Maximising your space
Even smaller rooms can feel inviting when you plan carefully. Think flexible seating – ottomans, benches, and modular sofas, that allow guests to move freely. In November, early winter gatherings benefit from intimate layouts that encourage conversation and warmth. Clearing clutter and defining zones for dining, drinks, and relaxing helps make the most of every square foot.

 

Lighting sets the mood
Soft, layered lighting instantly creates atmosphere. Table lamps, fairy lights, and candles bring a warm glow that complements shorter days. Consider dimmers or adjustable lights to suit the occasion, from casual drinks with friends to more formal dinners. Outdoor spaces, such as patios or terraces, can be enhanced with solar lights or lanterns to extend entertaining into crisp early winter evenings.

 

Heating solutions that work
A cosy space needs more than décor. Efficient heating keeps guests comfortable, while stylish options like electric fireplaces or portable radiators add both warmth and charm. Don’t forget rugs, throws, and cushions – not just for aesthetics, but for layering comfort in living and dining areas. For early winter gatherings, a warm environment is key to making your home feel inviting.

 

Decor trends for winter entertaining
Natural textures, seasonal colours, and metallic accents make spaces feel festive without going overboard. Think soft wool throws, rich autumnal tones, and greenery like holly or eucalypt us. For table settings, candles, warm-toned crockery, and textured linens add sophistication with minimal effort. Creating a tactile, inviting atmosphere encourages guests to linger and enjoy the space.

 

Transform your home into a winter haven – speak to your local branch for expert tips on creating spaces guests will love