News & Property Blog from Livingroom Estate Agents ®

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FIRST TIME BUYERS’ SCHEME TO HAVE BENEFITS UP THE HOUSING LADDER

FIRST TIME BUYERS’ SCHEME TO HAVE BENEFITS UP THE HOUSING LADDER

One of the biggest challenges facing the UK’s housing market is how first time buyers can be encouraged to take the first step onto the property ladder. Often it is that first step that’s the most difficult and frustrating; some people can afford the mortgage repayments but cannot raise the necessary deposit.

Livingroom House Lottery Fancy Dress Open Day

Livingroom Estate Agents ® is giving away one ticket for the #LHL Livingroom House Lottery ticket every month until the October draw.

This month, all you have to do is join us at the house in your finest fancy dress outfit on our Open Day at No.6 Infinity Gardens, La Vrangue on 30 April between 10am and 2pm.

You could don your best inner superhero character, alter ego or maybe even something a bit more traditional... The possibilities are endless and variety is encouraged!

RESIDENTIAL PROPERTY BULLETIN Q4 2015

The latest States of Guernsey property bulletin, covering Q4 2015 showed the average Local Market purchase price of £423,634 is 5.1% lower than Q3 2015 and a significant 8.3% lower than Q4 of 2014.

The average purchase price in Q4 2015 is actually the lowest it’s been for quite some time and this is indicative of an increased number of lower priced Local Market sales. At Livingroom we have consistently advised our clients to price realistically and we feel that this strategy has been a key part of our continued success. The change in average purchase price is perhaps a reflection of the fact that many in the industry have followed our lead and revised their property valuations to more realistic levels.

THE LIVINGROOM HOUSE LOTTERY IS ANNOUNCED

Livingroom Estate Agents ®, in conjunction with Hope for a Child, has announced a new house lottery for Guernsey residents which will raise substantial funds for four local charities.

First prize is a luxury, two-bedroom house (inclusive of all legal and court fees) with a superb garden and parking for two cars in the prestigious Infinity Gardens development, St Peter Port.

The quality of the house is just one of the elements which set the Livingroom House Lottery apart – and all for the affordable ticket price of just £150.

The runner-up prizes are worthy of their own lottery with a stunning, brand new, midnight black, five-door Mini Cooper S worth £20,000 for the second prize and 10 further prizes of £1,000 cash for the runners-up. A maximum of 5,000 tickets will be sold.

All money raised will be shared by Hope for a Child, The Hub, Action for Children and the Saumarez Park Playground Appeal.

A FIRST OFFER MAY BE TOO GOOD TO REFUSE

Housing markets go through cyclical changes just like almost everything else in life. Often, however, people’s perceptions of the market do not keep pace with the changes. Situations can occur where vendors place a greater value on their property’s worth than the current market will support.

The key to a successful house sale is two-fold: having a realistic understanding of the current housing market and taking the advice of your estate agent. After all, your estate agent is immersed in that market and knows exactly what is sensible and what isn’t when it comes to valuing your house (or they should be).

LIVINGROOM WELCOMES EMILY ROWE TO THE TEAM

Guernsey girl Emily joined Livingroom in November 2015, returning to the industry after a varied career break gaining valuable experience in customer service roles. Emily brings a true dynamism to the team and an impressive ability to handle challenging situations with ease. Having previously run her own business, Emily brings great knowledge of the Guernsey community and what is needed to ensure customers are satisfied. Within Livingroom, Emily facilitates the rentals team ensuring they are supported with organisational and administrative skills and is an invaluable backbone to the department. Outside of work, Emily enjoys spending quality time with her daughter, family and friends.

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