Here at Knightsbridge Estate Agents, we are passionate about all things property. Our blog is a space where we share valuable insights, expert tips, and the latest property buying, selling, and investing trends.
As experienced estate agents, we understand that navigating the property market can be exciting and overwhelming. Whether you are a first-time buyer, a seasoned investor, or a homeowner looking to sell, our blog is designed to be your trusted resource throughout your property journey.
Welcome back to news of Leicester’s property market, where we bring you different local property market stats and trends. This week we are back again with the June’s £/sq.ft statistics. The average property presently in Leicester is on the market for £258 per square foot, a figure representing the current
The summer solstice, on Thursday (20 June), marks the longest day of the year in the Northern Hemisphere and the changing of the seasons. But could the start of summer also be a turning point in your property journey? If you’ve been thinking about moving home for a while, now’s the time to grasp
When a tenancy ends, there’s often confusion – and sometimes disputes – over what a landlord can claim as a deposit deduction. So, let’s look at what’s reasonable to claim and how to avoid deposit disputes in the first place. A landlord can deduct funds from a tenant’s deposit to
While some people will enjoy a nice meal or a family catch-up this Father’s Day, the event will trigger more complex emotions for others. Many people find Father’s Day difficult to navigate due to grief, estrangement or struggles to become a parent. If you anticipate Father’s Day will be challenging
Buying a home is a huge undertaking that many property hunters find exciting – but also a bit scary. With so much at stake, what if you make an offer you later regret? Or what if you don’t make an offer and miss out on a great deal? If you often
As we all know, moving home can be a stressful business. But you can avoid a frantic panic on the big day by starting your end-of-tenancy preparations sooner rather than later. With a little bit of planning and forethought, you can streamline the process and avoid a last-minute scramble. Once
The latest data on rent growth since January 2020 highlights significant increases across the UK, providing a promising outlook for landlords, especially those in Leicester. This growth in average rents is most pronounced in the South West, which has seen a remarkable rise of 45.2%. Close behind is the East
Choosing the right estate agent is a big step on the road to successfully selling your home. But with so many agents making big promises to win your business, how can you identify the genuine professionals from the wheeler dealers? Meeting different agents at the start of the process can leave
As it’s Child Safety Week*, here’s a handy reminder for Leicester homeowners about how to keep your precious little ones out of harm’s way. Whether you’re a parent, grandparent or guardian, it’s important to ensure your home is child-proof. Babies and children are infinitely curious and love climbing on furniture and grabbing
If you’re a landlord, you can probably think of nothing worse than your rental sitting empty. The prospect of covering the mortgage and utility bills in between tenancies may keep you awake at night. And there are security implications too: a lengthy void period may invalidate your landlord insurance and
One measure is the average price paid for homes bought and sold in Leicester in the last 12 months, on a rolling month by month basis. Each month we like to share this figure, and whilst this figure alone will not tell you much, its trend will. Our followers on
If you’re planning to sleep under canvas for the first time ever this summer, here are some tips to make the most of your maiden camping experience. Plan ahead Do your research before you book a campsite as you’ll find a considerable variation in facilities and price. Some sites have
When summer arrives, the issue of property security becomes even more relevant for landlords. The summer months provide more opportunity for thieves to take advantage of longer days, open windows and doors, and vacant properties. As a landlord, you need to protect your investment, but it’s also good practice to
It’s an exciting moment when a buyer puts a good offer on the table. After all your hard work to prepare your home for sale, it feels like everything is finally falling into place. But before you agree a price in a rush of giddy delight, it’s important to ask
When summer arrives, the issue of property security becomes even more relevant for landlords. The summer months provide more opportunity for thieves to take advantage of longer days, open windows and doors, and vacant properties. As a landlord, you need to protect your investment, but it’s also good practice to
The Renters (Reform) Bill was a proposed new law that would have meant some big changes for landlords – with new rules on tenancies, possession grounds and evictions. With the general election coming on 4 July, let’s take a look at what this could mean for the reform of rental
Understanding the various property tenures in Leicester is helpful for homebuyers in making informed decisions. In a world where jargon often replaces plain talking, this article demystifies the terms freehold, leasehold and flying freehold. It highlights the differences and implications they have regarding property ownership. Freehold Freehold properties are the
Setting the correct rental price for your property is essential to attract the best tenants and maximise the return on your investment. Too high, and you won’t get that all-important awareness and interest. Too low, and you’ll be out of pocket. Here are five key considerations every landlord should keep
May is Local History Month, making it an ideal time to dive into the history of our area. Researching local history increases our understanding of our surroundings, strengthens community ties and gives people an appreciation of our heritage. Here are five tips to help you get started if you’re finding
The latest data reveals that it takes an average of 73 days for estate agents in Wigston to find a buyer for properties in our town. This statistic, compiled by Denton House Research, encompasses all properties sold subject to contract over the past three months by every estate agent in
The latest data reveals that it takes an average of 71 days for estate agents in Oadby to find a buyer for properties in our town. This statistic, compiled by Denton House Research, encompasses all properties sold subject to contract over the past three months by every estate agent in
The latest data reveals that it takes an average of 57 days for estate agents in Leicester to find a buyer for properties in our town. This statistic, compiled by Denton House Research, encompasses all properties sold subject to contract over the past three months by every estate agent in
Getting on the housing ladder in the UK is no easy feat, with property prices and inflation meaning it can take first-time buyers (FTBs) years to save the deposit for their first home. As a result, the average age of an FTB in this country has risen to 34*. For
One issue, above all else, causes landlords sleepless nights. Can you guess what it is? Could it be maintenance and repairs? Or maybe it’s worrying about the rent being paid on time? If you answered one of the above, thanks for playing, but you’re mistaken. The biggest challenge landlords currently
There’s an old saying: The simple things in life are often the best. And when it comes to exercise, what could be simpler than putting one foot in front of the other? While there are countless ways to get fit, nothing matches the ease and accessibility of walking. You can
When it comes to home improvements, it’s wise to think carefully before you splash the cash. Homes renovated to a high standard attract more buyer interest and sell more quickly. However, not all refurbishment works will bring you the same rate of return. Buyers tend to pay particular attention to
Gardens can boost a rental property’s appeal, often making it more attractive to potential tenants – especially during May, as spring is here and summer is around the corner. But, as beneficial as they may be, gardens can also be a source of friction between landlords and tenants, particularly when
The charity, Dementia UK’s Time for a Cuppa Week, runs from 1 to 8 May. It serves as a timely reminder of the simple yet profound benefits of pausing for a cup of tea and a chat. Whether it’s catching up with friends, connecting with colleagues, or contacting those who
Investing in a buy-to-let abroad can be a tempting prospect. Owning your own little piece of paradise while earning a rental income can seem like a win-win scenario. However, it’s essential to have realistic expectations about the challenges landlords face when managing a property overseas. Here are five things to
So, you’ve prepped and primped your home, and it’s been photographed looking its very best. Now you’re ready for the next step in the selling process – viewings. This can be a make-or-break moment, where buyers fall in love and make an offer on the spot or run a mile.
If you’re paying off a mortgage on a property in Leicester, you’ll be well aware of how the mortgage market works in the UK. But how do they do things in the rest of the world? Let’s look at how people in other countries get on the housing ladder. The Netherlands While
Most home sellers want three things: to get the best possible price for their property, to complete the sale in good time and to avoid bucket-loads of stress. These three goals may sound simple and achievable, but you’d be surprised how many sellers lose their way during the marketing process.
Some landlords, actually many, have an ‘if it ain’t broke, don’t fix it’ approach to their rental property’s upkeep. But by proactively refurbishing and modernising your rental properties, you can realise a host of benefits that will attract premium tenants and add long-term value to your investment. Here are seven
On Sunday, 50,000 people will line up for the London Marathon, an international spectacle with a record-breaking reputation. Competitors will include elite athletes from around the world and dedicated amateur runners from all corners of the UK. And then there’ll be the true gluttons for punishment – the people for
If you’re a landlord looking to save time and money (and let’s face it, who isn’t?), a good letting agent can be a game-changer. They’ll manage your rental property day to day (so you’re free to focus on your other responsibilities), regularly check in with your tenants (to ensure there
There’s plenty to consider when moving home, especially when a growing family is involved. Over the past few months, we’ve looked at the buying and selling experience through the eyes of different members of a family who moved recently. We’ve spoken with teenagers, tweenagers (9 – 12), younger children (5
As winter fades, it’s time to prepare your garden for spring, turning it into a perfect spot for birds and bees. These critters are not just fun to watch but essential for keeping your garden vibrant and helping local wildlife thrive. Here are six simple tips to make your garden
Did you know that HMRC plans to introduce new rules on how landlords file their tax returns? Here’s an update on what these changes involve and a timeline for when they’ll come into force. Making Tax Digital (MTD) is an initiative designed to streamline the tax system by fully digitising
If you’re looking for a new family home in Leicester, viewings will play a key role in your quest to find ‘The One’. While marketing photos and virtual tours serve an important purpose, nothing rivals seeing the décor, layout and location with your own eyes. Viewings also give buyers the chance
Are you planning to sell your home this year? Or just curious about what your property may be worth in the current market? Good news – this article will give you five easy-to-follow tips highlighting how effectively staging your home can boost its appeal to potential buyers. Styling your home
Owning a rental property isn’t just about what happens while tenants are in place; effectively managing periods when your property is unoccupied is equally important. Every landlord faces void periods as a natural part of property letting, making it essential to prepare financially and strategically to manage its impact. Void
Bungalows continue to be a unique asset in the UK property market, offering the charm of single storey living. In 2023, they carved out a significant niche, with 81,823 out of the 915,705 properties sold in 2023 being bungalows. Despite their smaller size, the demand for these quaint single storey
Easter celebrations in Britain traditionally involve hot cross buns, bonnet parades and lots of chocolate. But how do other countries celebrate this special occasion? Let’s take a look. Finland Finnish children dress as witches at Easter and roam the streets carrying willow twigs decorated with shiny paper and coloured fabric.
What’s the most common reason for landlords finding themselves in hot water and needing to make an insurance claim? The answer, according to one insurance company* at least, is ‘escape of water’. This term covers everything from burst pipes and defective washing machines to leaky loos and dripping taps. In
You can always tell when someone is really interested in buying your home by the number of questions they ask. There are the usual suspects like: But it also pays to prepare for some unexpected questions. In our experience, those less-asked questions highlight how interested a potential buyer is. It’s
If you’ve just inherited a rental property, then you may be wondering what your options are. While you won’t need to make any decisions on the spot (it usually takes many months to settle an estate), it’s good to start thinking about the issues you’ll have to address in time.
Their mission? To leap out of their comfort zones and into the open skies, all in the name of charity. Their purpose? To raise funds and awareness for LOROS Hospice, a beacon of hope and comfort for those facing life-limiting illnesses in their community. Stacey said “LOROS holds a special
Selling your home is a significant life event, and the last thing you want is to be misled by the unscrupulous practices of a minority of estate agents. These agents and their actions give the industry a bad name. We’ve no time for them, and neither should you. The good
Knightsbridge Estate Agents recently dove headfirst into the Swimathon organised by the Rotary Club of Oadby. Our strokes weren’t just about reaching the finish line; we were about making a splash for a cause close to their hearts. With determination and dedication, the team not only conquered the waters but
From 18 – 24 March, Food Waste Action Week is happening across the UK. The initiative shines a spotlight on the issue of food wastage, urging the communities across Leicester and the UK to reflect on their food habits and make more sustainable choices. With millions of tonnes of food
Springtime in Leicester is not just when the natural world comes back to life but also when the local property market shakes off any winter blues. And if you’re mulling over a move in 2024, the spring months between March and May could be the perfect time to sell your
There are five fundamentals to consider when thinking of buying a rental property. Whether you’re a seasoned investor or taking your first step into the rental property market, make sure you understand what makes a place a good investment. Here are five points to consider carefully: The age-old mantra is
Property owners are being warned to be on their guard amid a rise in the number of green home improvement scams across the country. Many local authorities and also Propertymark, the trade body for estate agents, have warned that people are being duped by rogue traders exploiting anxiety about high
In a world where the well-being of our children is more precious than ever, Knightsbridge Estate Agents is proud to shine a light on two important occasions that champion the mental health and literacy of our youngest generation: Children’s Mental Health Week and World Book Day. As advocates for holistic
A great property deal can set you up for life and allow you to leave a legacy for your family. But a bad deal or no deal (if you miss out on your dream home) will haunt you for years. So, how can buyers and sellers ensure they come out
The Chancellor Jeremy Hunt announced his Spring Budget for the UK this afternoon. It featured cuts to National Insurance, tinkering with capital gains, increases to child benefit thresholds and ISA changes. But what about property-related finances? Well, the truth is, there’s not very much to update. But here goes. The
Maintaining a rental property in Leicester isn’t just about collecting rent; it’s about safeguarding your investment and keeping your tenants happy and safe. That’s why regular property inspections are so crucial. They help you spot potential issues before they become costly repairs and ensure your property remains a place people
Planning to renovate your rental? There’s one thing you should know before you start pulling up carpets or ripping out cabinets. It will help you avoid a costly and avoidable mistake that many landlords make, and it’s this. Don’t let your emotions cloud your decision-making. It sounds simple, but you’d
The journey of buying or selling a property is often filled with anticipation and excitement. However, it can also be fraught with unexpected challenges that might cause a sale to fall through. As experienced local estate agents, we’ve seen our fair share of transactions fall by the wayside. This article
Being a landlord is rewarding, but it comes with its own set of challenges and responsibilities. Over the years, we’ve seen and helped solve most of the mistakes landlords can make. To help you navigate this complex terrain, here are the five most common mistakes we’ve encountered and how to
From Corgis to cockatiels and Poodles to ponies – there’s no doubt we Brits love our animals. And is it any wonder why? Pets make loyal and loving companions, can alleviate anxiety and loneliness, reduce blood pressure and make us laugh. So, as it’s National Love Your Pet Day today
They say selling a home is a marathon, not a sprint, but what happens if your sale is progressing at a snail’s pace or going nowhere? How can you get things back on track and find a buyer who will go the distance? One option – and it’s a big
In a world that could always use a little more kindness, Knightsbridge Estate Agents took to the streets on Random Acts of Kindness Day with a mission to spread joy and brighten the day of those in our community. Armed with bunches of cheerful daffodils and hearts full of goodwill,
Random Acts of Kindness Day is this Saturday 17th February. The idea of a day to perform random acts of kindness began in America in 1995. It’s spread globally and is a great opportunity to show how small, thoughtful actions can have a significant impact worldwide and closer to home
If talk between you and your partner this Valentine’s Day turns to living together, there are a few practical things you should know first. Here at Knightsbridge Estate Agents, we pride ourselves on being as helpful as possible. But dishing out relationship advice is a step too far – even for
This week, we couldn’t write an article that ignored Valentine’s Day, complete with love themes and romantic puns. So, here goes. Knowing what sort of property a buyer will fall head over heels for is a skill any good, experienced agent has honed from years of matchmaking. With that in
Curious about the trends in the Clarendon Park, Oadby & Wigston property market over the past year? One measure is the average price paid for homes bought and sold in Clarendon Park, Oadby & Wigston in the last 12 months, on a rolling month by month basis. This figure alone
In the ever-evolving UK housing landscape, renting is not just for the young. In fact, just under 1 in 6 retirees (975,230 of the 6.36million retired households) live in private rented accommodation. The golden years are seeing a surprising trend as more and more retirees are choosing to rent. This
After years in the making, it looks like the Renters Reform Bill – the biggest shake-up of the private rental sector in decades – will become a reality in 2024. So, how much do you know about this wide-reaching set of proposals, and are you ready for them? Be prepared
Good news: the latest data on buyer demand shows that the number of property hunters out in force is up by 14%*. So, what’s driving this increased demand? And what does it mean if you plan to buy or sell in 2024? Let’s take a look. Interest rates For a
Pretty much all of us use some degree of smart technology every day. And it’s not just our omnipresent mobile phones – intelligent technology can be found everywhere. From smart speakers to thermostats, doorbells, watches, sleeping aids and many other clever devices. These can all make our lives a little
In the winter, we’re guaranteed a few things. It’ll be raining when we least want it to. A local postie will still be wearing shorts, no matter how cold it is. And condensation will appear at some point – often in our homes. While you can’t do anything about the
Here’s the penultimate part of our series of articles on a family’s views on selling up and moving home. This family of five sold and moved last year, but their experiences (and emotions) are timeless. We’ve shared the perspectives of a six-year-old, a ‘tweenager’ and a teenager, and now it’s
Who doesn’t love it when the sun’s out? Well, apart from vampires, mushrooms and raincoat makers. But seriously, natural light, especially sunlight, has significant mood-enhancing effects on our minds and homes. For homeowners and residents, understanding how to harness this natural marvel in home design isn’t just about aesthetics but
Did you know that one in ten tenants admit to illegally subletting their rental property*? The practice is even more common among young people; in a recent survey, 25% of tenants aged 18 to 24 confessed to secretly subletting all or part of their rental. So why should landlords be
One of the biggest challenges first-time buyers (FTBs) face is getting a deposit together. Saving a large sum of cash while covering all your living expenses during a cost-of-living crisis is no mean feat. But having a good plan and clear goals can make this daunting task more achievable. Here
Energy Saving Week is taking place from 17 – 23 January. But what is it, and why should you care? Well, it’s a campaign encouraging UK households to become more aware of their energy use. It’s an annual campaign started in 2012 by the Citizens Advice Bureau and government departments.
Whether you’re a first-time investor or an experienced landlord looking to expand your portfolio, it pays to know what tenants want. Understanding current trends in the market will help you fine-tune your rental marketing strategy and ensure that any improvement work you undertake proves to be of good value. So,
We’re estate agents, not mind magicians like Derren Brown, but recently, we’ve been delving into the psychological aspects of home buying. It’s fascinating stuff. For sellers, it can offer invaluable insights, helping them better understand how they (and their estate agent) can achieve the best possible price for their home.
Have you ever wondered about the ebb and flow of the Clarendon Park, Oadby, Wigston & Leicester property market over the last year? Our latest graphic gives you just that – a clear, uncomplicated view of the average price paid for homes in Clarendon Park, Oadby, Wigston & Leicester during
Blue Monday, often labelled as the most challenging day of the year, falls on the third Monday of January. But what exactly makes this day particularly blue? Well, a travel company originally coined the name, and Blue Monday is thought to be the day when the festive cheer has faded,
In Leicester’s dynamic property market, understanding the nuances of changing your mortgage, such as removing a name from a joint mortgage, is essential. This guide simplifies the process for Leicester homeowners looking to navigate this potentially complex situation. The Two-Step Process for Leicester Homeowners Step 1 – The Mortgage Part:
If you’re wondering what Guppies are (and we’re not talking about fish here) and what they’ve got to do with the property sector, let us explain. The term ‘Guppies’ refers to tenants in the 18 – 39 age bracket who see themselves staying in the rental market for the long
They’ve graced our TV screens for years and made millions buying and selling homes. But, like the rest of us, famous property gurus also make mistakes. From rotten renovation jobs to disappointing deals, here’s a rundown of some of the biggest blunders made by property experts. Phil Spencer The unflappable Location,
Is your Leicester home ripe for a refresh? Are you itching to ditch dated décor and breathe new life into your property? If so, take inspiration from these top interior design trends. Texture Don’t just think about how your home looks; consider how it feels. Bobbly cushions, plush rugs and fluffy throws
As a landlord, maintaining your property in top condition is paramount. It’s your investment and your tenant’s home. At this time of year, condensation can be an issue. And it can cause mould in your property if ignored. The good news is we’re sharing six steps you can take to
If you’re thinking about moving house in 2024, there’s a lot to mull over, especially if you have children to consider. We know how important (and valuable) it is to listen to your kids when you’re selling up and moving on – they always have lots of thoughts and feelings
In Leicester’s dynamic property market, understanding the nuances of mortgage modifications, such as removing a name from a joint mortgage, is essential. This guide simplifies the process for Leicester home owners looking to navigate this potentially complex situation. The Two-Step Process for Leicester Homeowners Step 1 – The Mortgage Part:
Are you playing host to family and friends at home in Leicester this year? If so, why not make this most wonderful time of the year a little less wasteful? By following a few simple steps, you can eat, drink and be merry – and kinder to the environment. Let’s talk turkey
There’s no doubt that 2023 was challenging for the private rental sector, but looking ahead, landlords have plenty of reasons to be cheerful. While no one knows precisely what will happen in 2024, economists believe interest rates and inflation have peaked, and that the economy will continue to rally. Here’s
What do Oxford Street in London’s West End, Salerno in Italy and Dyker Heights in Brooklyn have in common? If you’ve answered this question correctly, you’re clearly a fan of festive cheer. These locations are renowned for their spectacular Christmas lights displays. Over 1,700 snowflake decorations and 750,000 LED lightbulbs
The Danes are a contented bunch, with the nation regularly topping global happiness surveys (yes, they really are a thing). This year, for example, Denmark finished second in the World Happiness Report, while the Brits languished back in 19th place. So, what is it about the Danish lifestyle that makes
Landlords are often portrayed as Grinch-like characters. Devoid of fun, lacking humanity and relentlessly greedy. In our experience, working with dozens of landlords across Leicester, this Scrooge stereotype simply isn’t true. In fact, we often get contacted by generous landlords seeking ideas to spread a little Christmas cheer to their
If you’re mulling over a move next year, you’ve probably thought of many scenarios, dreams and potential headaches. This includes things like: • How will I get the best price for my home? • Where are the catchment areas for the best schools? • How will our family react to
Enhancing your Leicester property’s curb appeal is an investment that pays off whether you’re selling or staying. Discover these five effective ways to elevate your Leicester home’s outdoor aesthetics and create an inviting atmosphere. 1. Transformative Exterior Paint & Staining Fresh paint can work wonders for your home’s first impression.
Forecasters predict this winter will be cold and dry – making it likely we’ll get lots of snow. While this is excellent news if you’re a skier, if you’re a landlord, it means there’s no room for complacency when it comes to maintenance and repairs. Freezing temperatures can cause all
Amidst the twinkling lights and joyful laughter of the holiday season, Knightsbridge Estate Agents had the distinct pleasure of participating in the Clarendon Park Christmas Fayre—an enchanting event that brought together the community in celebration of all things merry and bright. As Santa’s Grotto, we had the privilege of spreading
If you’ve decided to put your Leicester home on the market in 2024, then there’s one burning question you need to ask yourself. When should I list my property? You may have heard that spring is the best time to list, as traditionally, this is when estate agents do the most business
It’s supposedly ‘the season to be jolly’, a once-a-year chance to experience comfort and joy with your nearest and dearest. But many people (51% of women and 35% of men, to be precise*) find the Christmas period stressful. The reasons for this anxiety can include the pressure to socialise, the
Small Business Saturday 2023 is happening in Leicester and across the UK this weekend. It’s a fantastic opportunity to show our support for the heart and soul of our local communities – our independent businesses. As a local estate agency, we’re committed to fostering a thriving community spirit, and this