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Here you will find a range of articles, blogs and property market report that you may find of interest. Please click the buttons below to read more and feel free to share to your preferred social media channel.

Another happy client for Nigel and the team!

We love what we do here at Lock & Key but we love it even more when our clients write such wonderful reviews like this one below from Carl Moore. Carl took the time to write this 5 Star review for us on Google and it has been well appreciated by the whole team here in our office. The title of Carl's review was 'Professionalism' and this is a standard we live and work by every single day for our…

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We won GOLD!!!!

Over the last 12 years, we have remained the number one estate agent in Melksham. This is something that our team have worked hard for and been dedicated to maintain. Today, it was even more fitting to be announced a GOLD WINNER by AllAgents.com, which is the UK's largest customer review website for the property industry. We are proud of this achievement and by the looks of the reviews we received, our clients love the service we have provided them.…

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November 2021 Market Comment

Here’s a quick overview of the property market this November. WATCH Richard's video here The manic race for space prompted by the SDLT concession has started to ease and we are now experiencing a near-normal healthy property market, albeit with a little less stock than expected, because we have sold most of it! According to the Halifax, the average UK property price now exceeds £270,000, with annual house price inflation at 8.1% - where else can you get that sort…

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7 Tips to Sell Your Home in Winter

If you’re ready to move, you might be wondering whether to put your home on the market now or wait until the spring. Well, although winter may traditionally be a quieter time for home-moving than spring and summer, the market is still very much open for business and selling your home in this colder season does have its benefits. As those who aren’t in a hurry to move tend to hunker down and focus on festivities, buying and selling activity…

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The Cost of Buying a Home Explained

We all know we need to provide a deposit for a mortgage but, how much does it actually cost to buy a home and what fees are involved? Read on for our handy guide to the costs associated with buying a home. Deposits and Mortgage Arrangement Fees A deposit is typically 5 - 10% of the purchase price and is the biggest cost involved in buying a property. The bigger deposit you put down against your mortgage, the lower your monthly mortgage…

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Three Times Over

Having been established in Melksham for so many years we sometimes feel we are part of the area almost as much as the properties we sell. We’ve taken great pride in welcoming new homeowners there over the years, and sadly said our fair share of farewells too. We’ve seen businesses, shops and restaurants open up and hopefully thrive, although the pandemic has clearly exerted its pressure on many, and we wish them all well. We recently sold a house in…

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Melksham Autumn Property Market

With the summer now firmly behind us, the market continues to be exceptionally active, and we find that we currently have far more buyers than we do stock. We expect to see a run of properties coming onto the market in the run up to Christmas, and those who enter the market ahead of this rush are likely to be the winners, as they will be competing with old stock. New-to-market properties tend to shine over old stock that might…

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Downsizing, upsizing and right-sizing – MAKE THE RIGHT MOVE FOR YOU

Are you thinking about making a change to where you live? If you no longer need all the rooms in your home, you might have decided to downsize into something smaller. Or perhaps it’s the opposite – you need more space, in which case, it could be time to upsize into a new place. On the other hand, if you love your home and it’s in the perfect spot, maybe you’re toying with the idea of getting the extra room…

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Thinking of changing estate agents? Our smooth move guide

A great agent will be focused on selling your home at the best price, in a timeframe that suits you. If everything goes well, they’ll put the right value on it, market it effectively, then negotiate and progress your sale so you can move on to your new home as planned – and they’ll make the whole process as pain-free as possible. That’s what we strive to achieve for every one of our clients, and it’s what every seller hopes…

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Portable Improvements

We all know that home improvements often increase the value or saleability of your home, but whilst most improvements enhance a property, they generally stay with it when it is sold. However, there are improvements you can make that will not only maximise your home’s potential, but which you can also take with you when you move. Here are some suggestions: Use rugs as a flexible way of improving a floor without going to the expense of permanently fitted carpets.…

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Summer Selling for an Autumn Move with Lock & Key

Summer is a great time of year to sell your home. With bright, sunny days, gardens at their greenest and flowers blooming, your marketing photos will look fabulous! More daylight hours and generally better weather than at other times of year give people much more opportunity to view your home at its best and brightest. And there’s nothing like a sunny day to put people in a great mood, which means they’re more likely to have a positive mindset when…

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Buying on Instinct

Recent research concurs with our own view that most buyers buy on instinct, typically viewing their eventual home no more than twice before making a decision to buy. Buying a property certainly appears to be a decision of the heart over the head. In other words, the “I’ll know it when I see it” approach turns out to be quite reliable. Despite the detail offered about their property by sellers when they instruct us to market their home, buyers actually…

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Melksham Makes the Top Ten List of The Hottest Selling Markets In 2021

It’s official, our wonderful town of Melksham has made it on to the top ten list of the hottest places to sell in the UK. According to a recent report released by Rightmove, Melksham was the hottest town in Wiltshire and is now rubbing shoulders with the likes of Newquay in Cornwall and Plymstock in Devon, both very popular coastal towns. The report, released in April 2021, shows that after some detailed analysis by Rightmove, the factors taken into consideration for Melksham…

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Melksham Market Comment May 2021

Welcome to the May 2021 Melksham Property Market Comment. The cherry blossom is always a reminder of the very peak of spring, and indeed of the annual boost to the property market. Certainly, this year has seen more intense activity than most of us in the property sector can remember. However, when we speak about the property market, booms, etc, it’s important to remember that there are two elements to consider. On the one hand, you have price movements, and…

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Mother’s Day

Sunday March 14th marks Mother's Day in the UK, a chance to say thank you, remember and think of loved ones. Across the UK there are over 4.6 million mums with dependent children, and in addition it is estimated 6.1 million (39%) of young adults aged 16–34 live with their parents. Females tend to fly the nest quicker, over half having left home by the age of 23, over 80% by age 26. For young men, the tipping point is…

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Get a Move on – Stamp Duty Holiday Extension.

The Chancellor announced a stamp duty holiday extension, offering buyers in England and Northern Ireland a discount of up to £15,000 until 30th June 2021, and £2,500 up to 30th September 2021. In Wales, no land transaction tax will be due on the first £250,000 of any primary residential property until 30th June 2021. In Scotland, the stamp duty holiday has not been extended, finishing at the end of March 2021. According to Zoopla, the average time for an agreed…

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Homeworking – Melksham

Even before the pandemic, the average person spent about 15,000 hours commuting between home and office during their lifetime! Post-pandemic it has been estimated that around one in four people will be spending at least one day a week working from home – any many every day, thereby reducing wasted time, stress, and fuel consumption. The universal use of laptops, email and mobile phones has made home an obvious alternative to the daily grind and homeworking can even be therapeutic…

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Lock & Key in Melksham – Your Perfect Match

Housing market demand soared in 2020 with many buyers looking for the perfect match.  (Housing stock remains the issue). 1,041,610 buyers found 'the one', with many more hoping to exchange over the next few months. The pandemic caused the heart to desire green space, garden was the most searched for term in 2020. Love thy neighbour: 6 in 10 reveal the pandemic has brought them closer together. If you are looking to sell - Lock & Key in Melksham will…

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Feb 2021 – Melksham Property Market Comment

As we all battle through the current lockdown in our own way, the Melksham property market is surprisingly buoyant. This is perhaps inevitable as we are still playing catch-up from the restrictions of the first lockdown when sales transaction numbers plunged by around 50%. Transaction levels are still down. But current market activity remains incredibly high, despite the fact that anyone looking to buy now is unlikely to be able to take advantage of the Stamp Duty concession, worth up…

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Home Improvements

A recent survey suggests that the average homebuyer spends about £5,000 on home improvements within four months of moving. These changes are typically things that had little bearing on the decision whether or not to buy the property, and more about turning a house into a home. Examples include ripping out a rather dated bathroom suite, changing the light fittings, adding a garden shed, replacing kitchen unit doors and painting the walls a different colour. But how far should a…

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Still Melksham’s Top Selling Estate Agent

Feeling proud of our team. November results - Still Melksham’s Top selling estate agent. If you are considering moving in 2021 call Lock & Key on 01225 707342.

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Calls To Extend Stamp Duty Holiday

The stamp duty holiday has created significant interest and activity in the housing market. The chance to save up to £15,000 is an appealing thought for many households. Also, with a deadline in place, people know they must act sooner rather than later. However, with a high level of activity creating a backlog in the industry, there are growing concerns many buyers will miss out on the saving. More time is needed to conclude deals This has led many key…

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Moving Home With Confidence

With the stamp duty driving considerable activity in the property market right now, it is no surprise that many people are looking forward to moving home soon. At Lock & Key, we have worked closely with many homeowners in Melksham, and we know people are looking to move. If you have a move in place, please consider the following tips which will help you plan your move in confidence. These quick tips help you plan your next move The specialists…

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Town And Village Searches On The Rise

At Lock & Key, we pride ourselves on being town and village property market specialists. We operate in and around Melksham, and we are pleased to say we have brought many buyers and vendors together in smaller locations. Some people will argue a good estate agent can work anywhere, and that ultimately, there isn’t much of a difference between buyers. We don’t quite agree. We are highly experienced in the town and village sector of the housing market. There are…

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Connect With Buyers In The Right Way

The stamp duty holiday is encouraging considerable activity in the housing market. At Lock & Key, we are pleased to say we have helped many homeowners in and around Melksham connect with buyers. We offer a property valuation service, which is the ideal starting point for anyone looking to sell their home. We make sure you enter the housing market with confidence. It is important to make informed decisions when you consider selling your home, and there is considerable demand…

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Moving Home Soon? Watch Out For Stress

With the stamp duty holiday encouraging many people enter the housing market, you might be looking to move home soon. We are pleased to say we have assisted vendors in the Melksham property market, and if you need any assistance, we can help. We provide a range of services, including property valuation services. We also stay in touch with the latest research and studies. If you want to be fully informed about your move, rely on Lock & Key, and…

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The Right Price Matters For Vendors

With the ability to save up to £15,000 in stamp duty fees, it is no surprise to see so many prospective buyers in the housing market. Lowering the cost of moving home is vital for buyers, but price is also crucial for vendors. At Lock & Key, we are pleased to say we work closely with Melksham homeowners looking to sell their home. We can provide you with a property valuation, which is the ideal way to start the sales…

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Homebuyer Activity Sharply On The Rise

Ever since the housing market re-opened in May, there has been considerable focus on what buyers are looking for. In this changed setting, vendors and agents are keen to understand what matters to buyers. When you know what buyers look for in a property, it should be easier to connect with them. Of course, with the stamp duty holiday in place, there is considerable activity in the housing market. We have helped many vendors in and around Melksham to connect…

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Plan For Additional Costs When Moving Home

The chance to save money on stamp duty fees has encouraged a considerable level of activity in the housing market. With the chance to save up to £15,000 on the cost of moving home, it is no surprise to see so much activity in the current market. However, there are many costs associated with moving home. If you are not prepared for additional costs when moving home, you might struggle to meet the costs. At Lock & Key, we are…

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Take The Right Steps When Moving Home

With the stamp duty holiday in place until March next year, you can see why so many people are keen to move as quickly as possible. The threat of missing out on a significant saving is a major concern for many buyers and vendors. At Lock & Key, we are pleased to say we have helped many people in the Melksham housing market, and the market is busy right now. We appreciate people want to move quickly, but this doesn’t…

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Stay In Touch With Buyer Demands

If you plan on selling your home soon, it makes sense to stay in touch with buyer demands. When you know what buyers look for in their new home, it becomes easier to provide them with what they are looking for. At Lock & Key, we are pleased to say we have brought many buyers and vendors together in Melksham. If you are looking for assistance in making an informed move, we are more than happy to assist you. Lockdown…

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Calls For Stamp Duty Holiday Extension

There is no denying the stamp duty holiday has had a significant impact on buyers, and the housing market in general. However, there is so much activity, there are growing concerns about people missing out on the significant saving because of delays. A lot of work is involved with buying or selling property. At Lock & Key, we do everything we can to make the process as smooth and as painless as possible. If you are looking for guidance in…

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What Matters To Buyers During A Property Viewing

With so much activity in the housing market right now, there is considerable competition. If you plan on selling your home, you need to know the market is busy, and you want to know what buyers are looking for. At Lock & Key, we are here to assist you as best we can. If you have any questions about the Melksham housing market, get in touch, and we will help you out. Buyer demand is present in housing market Tim…

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How Much Value Does A Bathroom Add To Your Home When Selling?

While there is a lot of focus about buying and selling property quickly to meet the stamp duty holiday deadline, this isn’t the case for everyone. There are many homeowners who are intent to play the long game when it comes to selling their house. If you are content to stay in your current home for some time, you might want to consider making improvements around the home. Doing so will help you enjoy the house and get more benefit…

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Kerb Appeal Matters In Selling Your Melksham Home

It stands to reason that if you want to sell your home, you need to make it attractive to possible to buyers. Even when there is a heightened level of demand for homes in the marketplace, vendors still need to engage buyers, and make their home appealing. If you can ensure your home stands out for all the right reasons, you enhance your chances of selling your home. At Lock & Key, we are pleased to say we have helped…

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The Paperwork You Need When Selling Your House

Selling your home can seem like a lengthy process, but rather than being one single task, it is made up of many small tasks. You might be surprised at the amount of paperwork associated with selling a home, but when you think about the amount of money involved, there is a need for a lot of administrative work. There is also a lot of legal work associated with a property deal, which is why it makes sense to arrange as…

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Why Is The Housing Market So Busy?

The United Kingdom is officially in a recession, but there is a significant amount of activity being carried out in the housing market. It is not unreasonable for people to question why there are so many buyers and vendors active in the market, when there is so much uncertainty in the UK economy? With the impact of COVID-19 and with Brexit looming, you would be forgiven for thinking the market would tie itself up in a state of non-movement. This…

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City Dwellers Looking For New Areas – Melksham An Option?

Remote working has changed the way we live our daily lives, and it impacts on what buyers are looking for in a property. At Lock & Key, we have liaised with many buyers and vendors of late, and we know there is a change of outlook in the housing market. We also stay in touch with the latest market research. We believe Melksham is an option for city dwellers looking for a new area. If you are looking to buy…

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Key Upgrades Which Improve Property Value By 10%

When it comes to making improvements to your home, there is a lot to be said for making changes which add value to your home. You should always look for improvements which add functionality to your site but ultimately, boosting the value of your home is never a bad idea. At Lock & Key, we aim to provide you with support and services which help you connect with buyers, and help you receive the best possible price for your property.…

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Selling Melksham Property To Meet Stamp Duty Deadline

When the housing market re-opened in May, there was considerable activity. There were many reasons for this heightened level of interest, but many industry experts predicted demand would soon tail off. However, with the stamp duty holiday in place, demand for homes is likely to be sustained through until next year. The Office for Budget Responsibility, the OBR, has predicted an additional 100,000 homes will be sold in this time. Of course, there is a deadline for the stamp duty…

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Stamp Duty Holiday – Impact On Melksham Property Market

The stamp duty holiday has been in effect for over a month now, and many people are wondering how it will affect them, and the local housing market. At Lock & Key, we know the Melksham property market. We have worked closely with vendors and buyers, and in recent weeks, there has been heightened activity in the housing market. There has also been a spike in activity across the country, and we will ensure you remain fully informed as to…

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August 2020 Market Comment

As soon as the Brexit decision was “concluded” late last year, we were hit by the pandemic. Four years of uncertainty was condensed into a bottle neck of demand, which was then frustrated by three months of lockdown – and longer hair! But three months of hair growth does not require three haircuts - yet three months of pent-up housing demand DOES require three times the stock availability! That bottle stopper has now been released, prompted by the end (?)…

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Stamp Duty Holiday Left

With just over 35 weeks of the stamp duty holiday left, and with the average property taking 18 weeks to sell, vendors have 17 weeks to list their properties if they want to make the most of the stamp duty holiday. According to The Advisory, the average time to sell a property, from first day of marketing to completion, is between 16 and 25 weeks. In a hot market, it can take on average 16 weeks and a cold market,…

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July Melksham Property Market – Chancellor unveils Stamp Duty holiday

Finally, after the pent-up frustrations of lockdown, we have some very good news to report: Firstly, the Chancellor of the Exchequer, Rishi Sunak, has announced a substantial boost for the housing market with the raising of the SDLT (Stamp Duty) threshold from £125,000 to £500,000. This really is quite incredible and will save buyers up to £15,000 (£10,000 for first time buyers who already enjoy a discounted SDLT rate). If the idea is to kick start house sales, then this…

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Decide On Price (Part 1)

Hi all, let’s start talking about property aagin, and here’s one for starters. Whatever anyone might say about location, condition, proximity to schools, size, etc, it is the price at which a property is initially marketed that is the key to a successful sale. But emotions often cloud good judgement. The chance to secure a high price can prompt sellers to quote too much, and the house then misses the early buyer activity that is most likely to produce a…

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5 Reasons to Sell with Lock & Key

In today’s property market, there are many different options for any homeowner in how to sell your home or who to sell it with. If you are thinking of selling your property in Melksham, there are plenty of reasons why you should choose Lock & Key to sell your home and, in this blog, we have listed 5 key reasons just for you! We understand that in this fast-paced life we may lead, you may not have time to read…

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May 2020 Market Comment

The housing market has been an obvious casualty of the Coronavirus lockdown. Yet the desire to move is strong, once the decision has been made. Indeed, as soon as the government announced that people could once again move house, Rightmove buyer enquiries doubled within 24 hours. They were even 4% higher than the same day last year! The problem is that this demand is not being matched by properties coming to market in this area. Estate Agents have generally not…

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Stay safe as houses, returning to work.

Dear All We are supporting the safety of the community. At Lock & Key we are here, getting ready to open, being prepared and staying safe. Following last night's announcement, many of you will be returning to your workplace. Although we have been preparing for this for some time, it is important to continue to follow this Six-Point Guide we have prepared for you as well as Government advice and the measures we have put in place to re-open.

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April 2020 Market Comment

What a difference a month can make! Our March Market Comment was very positive and full of the joys of spring. Indeed, the Halifax subsequently reported that house prices were 2.1% higher at the end of March than they had been at the end of December 2019. The “Boris Bounce” was very much in evidence, but who’d have thought that Boris would now be fighting for his life in intensive care, along with thousands of others, due to the pandemic.…

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Mother’s Day 2020

Sunday 22nd March marks Mother's Day in the UK. A survey by GlobalData estimated £1.6 billion was spent celebrating this day in 2019, that's the equivalent to just over 6,800 average-priced homes. At current prices, £1.6 billion purchases over 8,400 terraced or 4,400 detached properties. In London, this would purchase 1,723 detached houses, or in Wales 14,000 apartments. Coincidentally, a similar sum, just over £1.6 billion, was collected from the 3% second home levy across England in 2019. Whether it’s…

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