Direct Residential

**EASTER GIVEAWAY TIME**
To get everyone in the mood, we are giving away chocolate & prosecco!
To enter, simply complete three easy steps:
... 1. 'Like' our Facebook Home Page 2. Share this post 3. Write 'Happy Easter' in the comments
P.S Tag as many friends as you want for extra entries!
Entries close on the Tuesday 23rd April at midday and the winner will be chosen at random that afternoon and announced on our Facebook page.
3 x prizes - Egg and prosecco x2, £20 M&S gift card (collection from branch) winners can choose prize on a first come basis.
Good luck everyone and have a wonderful Easter!
----------------------------------------- ------ #epsom #epsomdowns #epsomandewell #epsommums #epsomsurrey #surrey #surreylife #surreymummy #chocolate #easter #competition #giveaway #win #eastereggs #prosecco @timeandleisure
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*RENTS IN THE UK UP 3.3% YEAR ON YEAR, HIGHER THAN INFLATION*
Rents for new tenancies in the UK have begun to rise at a rate not seen in the market for over two years, up 3.3% in the 12 months to March 2019, the latest index shows.
There is a move away from the normal fluctuations in the private rented sector so that rental growth is now higher than inflation, according to the data from the HomeLet rental index.... Growth has taken the average rent in the UK to £942, but when London in excluded, the average rent is £782, up 3% year on year while average rents in London rose by 2.8% to £1,613.
Eight regional ‘hotspots’ showed an increase in rents of more than the UK average over the first three months of 2019 and year on year the region with the largest increase was the South West, up 5.8%.
All 12 of the regions monitored by HomeLet showed an increase in rental values between March 2018 and March 2019. ‘With the Tenant Fees Act due to take effect in England from 01 June, the acceleration we’re seeing in agreed rental values will come as no surprise to anyone,’ said Martin Totty, chief executive of HomeLet.
‘Whilst the aim of the Tenant Fees Act is to reduce the costs that tenants can face, landlords still need to cover the costs that are incurred when setting up a tenancy. With landlords already feeling the impact of taxation changes, the expectation is that costs will be passed back to tenants through higher rents, particularly for new tenancies,’ he explained.
If you need any advice on renting a property or would like to know more about our property management service then please don’t hesitate to contact us on Tel:01372 722266 or lettings@directresidential.co.uk ———— #epsom #epsomdowns #epsomandewell #epsommums #epsomsurrey#lettings #lettingsagent #let #rent #forrent #rentalproperty #rental #rentals#surrey #surreylife #surreymummy #propertymanagement#propertymanager #propertymanagers #propertyagent Direct Residential
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To Let - Church Street, Epsom, 2 Bed Price £1,350 pcm

To Let - Downs Avenue, Epsom, 2 Bed Price £1,200 pcm

To Let - Church Street, Epsom, 2 Bed Price £1,335 pcm

42% OF TOWNS AND CITIES SEE HOUSING SUPPLY INCREASE.
42% of towns and cities saw a rise in housing supply in March despite the Brexit uncertainty according to a recent report.
Meanwhile new property listings across the UK a whole fell slightly last month, down 1.3% from 57,992 in February, to 57,225 in March. In London, although new supply was down 2% in March compared to February, four in 10 boroughs saw new supply levels rise last month.
... Sam Mitchell, said: “The level of seller and buyer activity has been encouragingly resilient considering the ferocity of Brexit uncertainty in March.
“Seller activity is slightly down on February when you look at the overall picture, but many areas have actually seen more homeowners marketing in March.
“It’s reassuring to see defiant sellers driving the market forward, particularly in many northern areas of the country, such as Yorkshire and the North West, and north of the border in Scotland.
“All eyes remain on Westminster, but on the ground, there are plenty of sellers who see this as an opportunity to market their homes while there is less competition, and plenty of buyers motivated to purchase and lock in the best mortgage rates while the lenders are offering good terms.”
If you need any advice on renting a property or would like to know more about our property management service then please don’t hesitate to contact us on Tel:01372 722266 or lettings@directresidential.co.uk ———— #epsom #epsomdowns #epsomandewell #epsommums #epsomsurrey#lettings #lettingsagent #let #rent #forrent #rentalproperty #rental #rentals#surrey #surreylife #surreymummy #propertymanagement#propertymanager #propertymanagers #propertyagent
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BUY TO LET MORTGAGES NOW MUCH CHEAPER THAN THREE YEARS AGO.
Mortgage Brain share a market snapshot showing that mortgage costs have remained stable with little movement recorded over the past three months.
The cost of two- and five-year fixed rate BTL mortgages have remained level when compared to the costs at the beginning of December 2018.
... However, the cost of a three-year fixed BTL 70 per cent loan-to-value mortgage is now two per cent higher than it was in December. A longer-term analysis, however, does show that the BTL market is still in a healthy position compared to three years ago – a period when the three per cent additional stamp duty hike for landlords came into effect.
The cost of a 60 per cent LTV five-year fixed BTL mortgage is now 11 per cent lower than it was in March 2016, while a 60 per cent LTV two and three year Fixed are seven and 10 per cent cheaper.
If you need any advice on renting a property or would like to know more about our property management service then please don’t hesitate to contact us on Tel:01372 722266 or lettings@directresidential.co.uk ———— #epsom #epsomdowns #epsomandewell #epsommums #epsomsurrey#lettings #lettingsagent #let #rent #forrent #rentalproperty #rental #rentals#surrey #surreylife #surreymummy #propertymanagement#propertymanager #propertymanagers #propertyagent
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To Let - Stevens Close, Epsom, 1 Bed Price £950 pcm

To Let - Hook Road, Epsom, 2 Bed Price £1,425 pcm

To Let - Bridge Road, Epsom, 2 Bed Price £1,350 pcm

To Let - Mead End, Ashtead, 3 Bed Price £1,725 pcm

To Let - Tower Road, Tadworth, 2 Bed Price £1,100 pcm

To Let - Upper High Street, Epsom, 2 Bed Price £1,285 pcm

To Let - Hereford Close, Epsom, 2 Bed Price £1,300 pcm

To Let - Millais Crescent, Epsom, 3 Bed Price £1,900 pcm

To Let - Sloane Avenue, London, 1 Bed Price £525 pw

To Let - Stoneleigh Avenue, Worcester Park, 3 Bed Price £1,700 pcm

To Let - Church Street, Epsom, 1 Bed Price £975 pcm