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Welcome to your October market update from Putterills. This autumn, we're seeing a fascinating local market story unfold. While national headlines talk of uncertainty, our corner of Hertfordshire is showing a resilient and varied picture.

Thinking of being in a new home for Christmas?

Climbing up the property ladder might be a thing of the past if new analysis is correct. The latest Barclays Property Insights report reveals an increasing number of first-time buyers are bypassing the bottom two rungs of the property ladder and debuting with unexpectedly big homes.

What do you do when the car’s not the star? That’s the question after new research by Aviva revealed more than 1 in 4 UK garage owners don’t use the space to park their car. From not being able to open the doors and a car that’s just too big for the space, to finding it difficult to park inside and a fear of damaging the vehicle, it appears garages are not serving their intended purpose.

September is one of the peak months for buying and selling property, with those who have delayed finding a new home starting to look in line with the new school year….and a new season.

August delivered some fantastic holiday weather but did the property market sizzle like the summer? There were certainly good things to report from the mortgage market. Moneyfacts said the average two-year, fixed mortgage rate dropped below 5% for the first time in three years. The new average rate of 4.99% is great news for those who like the certainty of a regular repayment amount. 

Books have long been used to display how cultured, educated and well-read someone is but have you given much thought to how your reading material may impress home buyers?

Landlords in England and Scotland are being urged to check the expiration date on their Electrical Installation Condition Reports (EICR), with many due to run out this year.

Interest Rate Cut Offers Timely Boost to the Property Market

High summer has arrived but is the UK property market running hot? After digesting the latest round of reports, the verdict is we’re in a stable period. The absence of drastic highs and lows seen in previous years is great news for home movers.

If you have grand plans but a more modest budget, purchasing a property with improvement potential is a great idea. According to Rightmove, ‘doer-up’ properties are 12% cheaper than homes on the market that don’t need renovating. 

Would it surprise you to know, the younger you are, the more likely it is you want to become a landlord? The desire was confirmed by a new survey, conducted by Opinium on behalf of Market Financial Solutions.