UK Property Transactions Reach Three-Year Peak: What It Means for Derby
Some welcome news for the property sector: the number of UK residential transactions in the first half of 2025 has surged to a three-year high, reflecting renewed confidence and steady momentum in the market. And here in Derby and Derbyshire, we’re seeing that same positivity play out across local suburbs and villages. 🔷 Strong Activity […]
Read moreAverage Five-Year Mortgage Rate Hits A Two-Year Low
Some welcome news hit the headlines today: for the first time since May 2023, the average five-year fixed mortgage rate in the UK has fallen below 5%, landing at around 4.99%. Even more surprising, the average two-year fixed rate is now slightly lower at 4.97%, a reversal of the usual trend where shorter terms often […]
Read moreConditional Selling in Estate Agency: What You Need to Know
You may have recently seen the BBC Panorama documentary, Undercover Estate Agent, which shone a spotlight on some controversial practices within the industry. The programme followed an undercover reporter who worked inside Connells – one of the UK’s largest estate agency groups, whose brands include Ashley Adams, Bairstow Eves, Bagshaws Residential, and Hall & Benson […]
Read moreStamp Duty Land Tax (SDLT) Changes from April 1st, 2025 – What You Need to Know
If you’re planning to buy a property in the UK, you need to be aware of the upcoming changes to Stamp Duty Land Tax (SDLT), set to take effect from April 1st, 2025. These changes could have a significant impact on the amount you pay, particularly if you’re a first-time buyer, a home mover, or […]
Read moreHannells Crowned Best Estate Agent in the UK at the AllAgents Awards 2024
We are thrilled to announce that Hannells has been named the Best Overall Estate Agent in the UK at the prestigious AllAgents Awards 2024! Out of more than 15,000 estate and letting agents across the UK, our family-run agency has taken the top spot, a remarkable achievement that reflects our unwavering commitment to delivering a […]
Read moreNationwide Unveils New Plans to Help First-Time Buyers
In a significant move aimed at supporting first-time buyers, Nationwide Building Society has announced a series of new measures that could dramatically enhance access to the property ladder. As house prices continue to outpace incomes in many parts of the UK, Nationwide’s latest initiative comes as a breath of fresh air for those hoping to […]
Read moreSupporting the Royal British Legion: Hannells’ Remembrance Day Campaign
As we approach Remembrance Day 2024, Hannells are proud to announce a special campaign that we’re running through September, October, and November to support the Royal British Legion. As a local estate agency deeply rooted in the Derby community, we believe in giving back and honouring those who have served our country… For Every New […]
Read moreWhy Spray Foam Roof Insulation Can Be A Barrier To Selling Your Home
The Hidden Dangers of Spray Foam Roof Insulation: A Potential Barrier to Selling Your Home In recent years, spray foam roof insulation has gained popularity due to its energy efficiency and effectiveness in sealing homes against drafts and moisture. However, homeowners are now discovering that this insulation choice can become a significant obstacle when it […]
Read moreWhat Are Searches And Why Are They Needed?
In the context of buying a property in the UK, “searches” refer to the process of obtaining information about a property and its surroundings to ensure that the buyer is fully informed before completing the purchase. Searches are typically conducted by a Solicitor or a conveyancer on behalf of the buyer. These searches are crucial […]
Read moreWhat Is A Draft Contract Pack And What’s Included?
One of the first parts of the process when purchasing or selling a property in the UK is the creation of the “draft contract pack”. A draft contract pack typically refers to a set of legal documents that are prepared by the seller’s Solicitor or conveyancer. This pack is then provided to the buyer’s Solicitor […]
Read moreAsk The Agent: Should I Wait Until After Christmas?
As the holiday season draws near, a familiar dilemma arises among sellers: should they hold off on marketing their property until the new year? To shed light on this common query, we turned to Lorna – an expert sales negotiator with many years of experience under her belt – to share her insights and top […]
Read moreWe’ve Launched The 2023 Hannells Selection Box Collection 🎅🍫
As the festive season approaches, the spirit of giving and sharing becomes more prominent. At Hannells, we believe in the power of community and the joy that comes from helping those in need. This year, we are thrilled to announce our annual Christmas Selection Box Collection, an initiative aimed at bringing a touch of holiday […]
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