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Despite the tough economic climate impacting buyers’ finances, house prices continued to grow by double digits this summer. Is the market now slowing?

Mortgage lender, Nationwide, reported a 10% rise in UK house prices in the year to August 2022, with the typical property value increasing by £50,000 in the last 24 months to £273,751. There are, however, signs of a slowing market, with growth slightly lower than the 11.8% figure in July.

Industry forecasters predict a dip, not a crash, even if a recession hits the UK later this year. There remains strong demand for homes, which continues to outstrip supply, but larger household energy and food prices over the coming months will put pressure on household budgets. Higher interest rates will also be a key market factor if these result in rising mortgage rates.

The Quality Street Group provides fixed price estate agent, solicitor and financial services in London and the Homes Counties, and existing Gateway Group customers who live in these areas will receive a 10% DISCOUNT when selling their homes with us!

We are proud to continue our guaranteed fixed, low costs as we know how much this matters when selling your home, especially in difficult financial times.

A proud member of the Gateway Group family of property companies, The Quality Street Group provides estate agent, solicitor and mortgage advisor services all together. All for a fixed price of £2,999. Separate services are also available, again for a fixed fee.

Customers have saved thousands in fees with our efficient, one-stop approach provided by our team of experienced, friendly professionals. They’ve also benefited from joined-up support and being kept fully up to date, avoiding the frustrating experience of selling or buying a home.

Three services under one roof

Whether you use one or more services, you’ll always benefit from a clear fixed fee, saving you money and worry.

1. Quality Street Estate Agent No tie-ins. No upfront costs. No sale, no fee. With marketing on all major property portals.
2. Quality Street Legal Services Our experienced solicitors support sales, purchasing, re-mortgaging, help-to-buy, equity release and more.
3. Quality Street Financial Services Our dedicated mortgage advisors provide a personal service, with hundreds of mortgage products to choose from with leading lenders.

10% DISCOUNT ON ALL QUALITY STREET GROUP SERVICES!

This offer is open to all Gateway Group clients and customers for any of our Quality Street services until 31st December 2022.

It’s been a busy few months at Gateway Property Management. Our dedicated teams are looking forward to taking care of almost 1,500 new homes added to our nationwide portfolio. From cities, towns and villages to the countryside and our coastline.

We’re delighted to support small property schemes through to large developments, with each home treated as if it were our own investment. Highlights in August and September include being asked to manage:

• 600 homes across two new developments in Barnsley, South Yorkshire
• A large Middlesborough scheme of more than 460 properties
• 200 modern homes in Morley, West Yorkshire, right by our Leeds office
• 158 family homes in historic Norwich, Norfolk
• 139 coastal homes in Braunton, Devon, close to surfing destination, Saunton Sands
• Over 60 family homes near three idyllic parks: the South Downs National Park, Daventry Country Park and Peak District National Park
• 80 homes in the glorious Cotswolds
• More than 70 new homes in the port city of Sunderland, Tyne and Wear

Need a local agent that’s always there for you?

We carefully manage every property, offering a local service from our offices in Essex, London and Leeds. Call Gateway Property Management to see how we can best support you on 01702 443 555. Or click here.

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Link into a property group that’s honest, friendly and professional.

See how our multiple services support property developers and investors, individual landlords, buy-to-let investors, resident management companies and tenants, nationwide.

As much of the nation faces a drought, and the driest weather conditions since that summer of 1976, now’s a good time to prevent costly property water leaks.

A quarter of all insurance claims made on flats are a result of water leaks. The damage costs millions of pounds and causes heartache to those involved and disputes between neighbours over who should pay. What’s more, water is more precious than ever this summer, so we can all do our bit to save unnecessarily lost litres of it.

Did you know…?

A running tap can use six litre of water a minute.

A leaking toilet wastes 400 litres a day on average.

One drip per second equates to 19 litres of water lost a day.

Avoiding leaks is the best policy

Checking radiators throughout the home, as well as taps, seals and pipework in bathrooms, toilets and kitchens are all good ideas to avoid water leaks. If your home is unfortunate enough to have water damage, switch off the electricity supply at the fuse box if it’s safe to do so. You should also unplug damaged electrical appliances and move all portable ones away from the area affected by flooding. Do not attempt any electrical repairs or connection of temporary supplies yourself. Always use a registered electrician.

For further information and guidance, you can read our Water leak advice factsheet using the link below.