A blog about property and Northern Ireland from the team at PropertyPal.com
Recent research has shown that Northern regions of the UK have experienced the strongest growth in the past decade. The North and North West of the UK has shown strong growth of 120% and 112% respectively during the period – whilst in Wales house prices increased 122% to an average of £137,316.
The number of people reporting disturbances from their neighbours has risen by a third over the last two years, according to a new study conducted by Halifax Home Insurance.
According to the survey, one in five homeowners have experienced “serious problems” with neighbours this year.
Common problems include excessive noise (49%), rude or intimidating behaviour (23%) and the ‘hijacking’ of legal boundaries through illegal building or structural work (20 %).
Once upon a time in the not-too-distant past, demand for property was such that pretty much all you had to do to get your house sold was stick a ‘for sale’ sign in the front garden and name your price. Since the credit crunch came and spoiled our fun, though, it’s common for properties to languish on the market for months on end with vendors struggling to even get viewings, never mind about sales.
Financial analysts may be predicting that the worst is over, but it will be a long time before we see a return to the good old days when people were snapping up houses like Primark t-shirts, and so it’s more important than ever to make every viewing of your property count.
The crunch for many means that demand for rented accommodation is at an all time high. There are a few occasions in life when you will not only be renting a home, but you may also be living with complete strangers. If you are in the unenviable position of being a single someone, or a group of students who only need to sublet one room, picking your flat mate is akin to picking your other half – fraught with pitfalls!
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