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News

‘Rip-off’ valuation fees hurt buyers and surveyors

Mortgage lenders are exploiting property surveys to make money at the expense of both borrowers and surveyors. Despite charging hundreds of pounds for a valuation, banks and building societies regularly keep most of the fee, paying as little as £55 to surveyors for each property […]

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House price rises prompt more owners to sell

The shortage of housing stock has been the main catalyst for the rapid rise in property prices but increased demand has finally prompted more sellers to come to market. Just don’t expect prices to stop ticking up in a hurry. Property prices are increasing at […]

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House prices in biggest rise since 2010

UK house prices are rising at their fastest level since the start of 2010 according to new data released by Halifax. The bank found that prices in the three month period between June and August were 5.4% up on the same period in 2012, boosted […]

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Summer fairs flyaway success

Poweroshea has reiterated its commitment to the community by sponsoring two school fairs. The estate agents were headline sponsors of the summer fairs at Reedham Park School, in Purley, and Smitham Primary School, Coulsdon, over the past two months. They took their popular ‘guess the […]

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Croydon – London’s next property hotspot?

Croydon looks set to become London’s next property hotspot as its ‘great deals’ and billion-pound investment projects start to attract aspiring young professionals. The suburb’s first-rate transport links, a new Westfield shopping centre due to open in 2018 and plans to build 2,000 new homes a year […]

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Poweroshea win customers’ trust in estate agent survey

Remarkable service and an honest, professional approach are the factors powering one local estate into fast becoming a house-movers favourite. A recent survey by Poweroshea revealed 100% of their customers would recommend them to a friend with 94% giving them top marks for service. Customers […]

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Double dip not as deep as feared…

BRITAIN’S economic output could be revised up again this week, reviving questions about the economy’s true strength. Economists expect figures on Thursday to show that GDP fell 0.4% in the second quarter, up from a decline of 0.5% at the last estimate and 0.7% in […]

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Squatting becomes a criminal offence

Squatting in a residential property becomes a criminal offence from Saturday in England and Wales. The maximum penalty will be six months’ prison and/or a £5,000 fine. Trespassing will be where someone knowingly enters a residential building as a trespasser, and is either living there […]

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