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Steve Appleby

Celebrate 2018 with Quickmove

Celebrate 2018 with Quickmove!

2018 marks a very exciting milestone for Quickmove Properties as we celebrate two decades of helping customers buy new homes. At the end of the last century our first office in Wiltshire specialised in managing property part exchange deals for retirement developers.

20 years later, our home exchange programme has been used by nearly 7,000 home buyers and our park home buying service now helps people with the entire process of buying on private retirement developments – from finding the perfect park to negotiating deals with park operators on behalf of buyers!

Steve Appleby

Quickmove Chairman Steve Abbley in the 1990’s, 2000’s and today

Signs of the times

Of course, the UK property market was very different 20 years ago. Adjusted for inflation, the average 1998 price of a home in the UK was a very affordable £105,766, that’s half of today’s asking price of £209,971! Also developers were building a range of property types, in contrast with today’s focus on apartments and flats.

Interestingly, 7% of new build properties were bungalows back then, however this has reduced to less than 1% today according to the National House Building Council, mainly because multi-storey dwellings generate greater profits for developers than land-hungry bungalows. Homebuyers in or approaching retirement will struggle to find affordable bricks and mortar bungalows, which is why the emergence of luxury park homes offer a viable alternative.

Bungalow-style park home solution

More and more people are making the switch to the park home lifestyle. Modern homes are built to exacting standards and regulations, with luxurious furnishings throughout, meaning that downsizing can even enhance your lifestyle.

With 20 years experience, Quickmove can provide you with experienced advice and professional services to help ease the transition towards the next step in your life.

So if you’re considering a park home move in 2018, join Quickmove and we can help you move and celebrate this big year together!

Pension fund

Millions facing retirement income shortfall – downsizing could be key

Millions of UK workers are facing a significant shortfall in their retirement finances, according to a pension and savings association.

According to the report, almost half of the UK’s working population are failing to put enough money aside in preparation for retirement, which will have a major impact in later life.

The organisation behind the report says the introduction of auto-enrolment into workplace pensions has been a significant step forward, but still doesn’t go far enough to financially provide in retirement in many cases.

Quick Move Properties’ Patrick Chambers commented: “This report is concerning, but confirms what we hear from our customers on a daily basis.

“It’s been suggested that nearly 60 percent of over 55s now have the majority of their wealth tied up in their property, instead of in pensions and savings.

“Years ago a pension seems like a ‘safe bet’ to provide for your financial needs in retirement, but with growing financial uncertainty, rising retirement ages and less attractive saving options, property has become a more appealing and trusted option for many.

“For many, downsizing to a smaller, less expensive property in retirement is key to their financial planning. By releasing the wealth tied up in their homes, those who are already retired or approaching retirement can boost their pension pots and access a much needed boost to their retirement income.”

Of course, with many millennials struggling to get a foot on the property ladder and meet rising living costs, downsizing may be less of an option for future generations. According to the Council of Mortgage Lenders, 20 percent of homeowners say they are likely to still have an outstanding mortgage when they retire.

If you’re considering downsizing to help fund your retirement, Quick Move Properties part exchange and assisted move services could help to make your move smooth, simple and stress-free.

For more information about how Quick Move Properties could help you, call the friendly team today on: 01793 840917 or email: px@quickmoveproperties.co.uk

Over valuing property

Homeowners unrealistic about property value, according to new report

Homeowners have overly optimistic ideas about their value of their property, according to new figures released this week.

According to a new report out, homeowners in England and Wales over-estimated the value of their homes by an average of nearly 7 percent in 2016.

It seems although homeowners are still over-optimistic, their expectations are becoming more realistic. Figures from the last four years show that in 2012 property owners were over-valuing their properties by more than 18 percent. This fell to just under 14 percent in 2013 and has continued to fall up to last year’s 6.8 percent.

Quick Move Properties’ Patrick Chambers comments: “Estimating your property’s value is tricky. It’s easy to get over-excited by national media headlines or asking price trends in your local area, but it’s important to remember that a property’s asking price is very often intentionally over-inflated, with the expectation of achieving a sale figure somewhere below that.

“If you’re looking to get a realistic idea of what your property might be worth, it’s a good idea to look at sold prices of similar properties in your area, rather than asking prices. This information is now readily available on property websites such as Zoopla and Rightmove. Of course this will only give a general idea. In order to get a more accurate idea for your individual property, invite a number of local estate agents to value your property (we would recommend no less than three). Remember, however, that estate agents will be keen to get your property on your books and have been known to over-inflate values in order to win property instructions. The best way to combat this is to ask them what price you could hope to achieve in order to attract a buyer quickly, in perhaps 2-4 weeks, and ask for their evidence or rationalisation for suggesting that figure (examples of similar properties they’ve recently sold and the price they’ve achieved etc).

“Of course if you don’t want the hassle of selling your property on the open market, Quick Move Properties can handle your house sale for you with property part exchange. We will get three local, independent estate agents to value your property and then make you a free, no-obligation offer.

“For more information about how Quick Move Properties can assist your house move, contact the team today on: 01793 840917 or email px@quickmoveproperties.co.uk.”