Gap narrowing between buyers’ and sellers’ expectations.

In Q4 2019, Savills conducted analysis on its prime regional markets to come up with a list of top factors likely to influence the residential property market in 2020.  Almost three quarters (72%) of Savills regional sales teams identified Brexit uncertainty as a major challenge for 2020, while 54% said that a lack of housing…

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Edinburgh is best city to live in as a young adult.

Comparison site, Compare the Market, recently rated the Scottish capital as the best place to live for 18 to 35-year-olds. The site analysed aspects such as rental costs, living expenses, mental wellbeing and nightlife to come up with the final list.  Manchester, Bristol, Liverpool, Newcastle and Glasgow also made it onto the top 10 list.…

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Britain’s most affordable commuter towns revealed.

On 2 January, Rail fares increased by an average 2.7% across the board, meaning that commuters could be paying up to £132 more for their season tickets this year.  Your location can have a huge impact on your travel costs, as recent research from property website Zoopla has shown. The study combined the average cost…

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Experts’ predictions for 2020 — ‘cautiously optimistic’

The Conservatives’ general election win and increased certainty on the direction of Brexit have led property experts to predict growing confidence in the housing market in 2020. However, their optimism is cautious, according to researchers at Savills who have predicted a 1% rise. The Royal Institution of Chartered Surveyors gave a more confident prediction of…

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UK rents reach record high

Extract from Redwood Financial’s Property Review October 2019 The latest figures from the Association of Residential Letting Agents (ARLA) show the cost of renting rose for the third month in a row, to reach the highest figure on record. The July figures saw almost two thirds (63%) of agents seeing landlords increasing rents, which is…

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Spending review disappoints property industry

Extract from Redwood Financial’s Property Review October 2019 Early in September, Chancellor Sajid Javid announced extra funding for local authorities, but the property industry has expressed disappointment that the Spending Review did little to benefit housing and planning. Melanie Leech, Chief Executive of the British Property Federation said: “Additional funding for local authorities is much…

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Property Market Review August 2019

Buyer’s market likely in second half of 2019

Extract from Redwood Financial’s Residential Property Review August 2019 Recent research from Rightmove indicates that buyers may be able to obtain good deals in the remainder of 2019, with lower prices combined with high stock levels.  The research also shows that market fundamentals such as low interest rates and record employment levels remain strong. Additionally,…

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AquAid Elephant pump in Zimbabwe

Redwood drinks to AquAid’s involvement in Africa.

At Redwood Financial we’re aware that keeping our staff members hydrated will aid them to perform at their very best throughout the work day. As a result, we decided to invest in watercoolers from AquAid. Our unique relationship with AquAid has also given our company the opportunity to help those less fortunate than ourselves, because…

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General and commercial insurance

An introduction to Consort Insurance

As part of my ongoing service to my clients, I would like to introduce Consort Insurance Services Limited to you. Our Aim Consort Insurance Services, based in Horsham, West Sussex, is an independent insurance broker committed to the provision of bespoke insurance solutions for our clients. Our aim is to provide the most suitable suite…

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