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Gloucester Property News

Information and advice on buying and selling your home in the Gloucester area.

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Posted on
Buyers Spoilt for Choice when it comes to Mortgages

I read with interest a recent report from mortgage monitor Moneyfacts which confirmed there have been 15 months of consecutive increases in residential mortgages and that there are now over 4,500 different mortgage options available to home buyers in the UK.

The number of mortgages available hit an all-time low in April 2009 when there were just 1,209 different types.  Since then, though, the number of mortgage deals available has grown substantially as current figures testify.

Moneyfacts spokesperson, Charlotte Nelson, said “the numbers this month were boosted by several lenders entering the three-year fixed rate market, which saw the number of three-year fixed rate deals increase by 48 products to 439.”

She added that “the talk of an impending base rate rise means borrowers are starting to look at their options to protect themselves from a potential rise in monthly repayments.  Since a five-year fixed rate can be too long for some, a three-year deal can bridge the gap.”

If you are thinking of buying or selling a home in the Gloucester area, contact long-established local estate agents Farr & Farr on 01452 500025 or take a look at our website farrandfarr.co.uk

Posted on
Ripping Up the Rip Off Contract!

We are so confident that we can sell your home quickly and efficiently that we are tearing up our selling contracts – and here is a picture of our Managing Director, Julian Farr, doing just that!

Seriously though I cannot understand the reasoning behind the contracts some estate agents ask their clients to sign.  Some, for instance, require a seller to sign over sole selling rights for up to sixteen weeks.  Sixteen weeks!  What does that say about the agent’s confidence in their ability to sell a property?

Farr & Farr do not require you to sign a contract giving us sole agency for a minimum period of time.  We have absolute confidence in our ability to sell your property and we want you to share in that confidence.  So no sole agency contract required.

This is also useful if you want to test the market to see if you can achieve a quick sale within two or three weeks.

If you are thinking of buying or selling a home  in the Gloucester area, contact long-established local estate agents Farr & Farr on 01452 500025 or take a look at our website farrandfarr.co.uk

Call Farr & Farr on 01452 500025 or explore our website farrandfarr.co.uk