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Monday 8:30am - 5:30pm Tuesday 8:30am - 5:30pm Wednesday 8:30am - 5:30pm Thursday 8:30am - 5:30pm Friday 8:30am - 5:30pm Saturday 9am - 1pm

https://www.cannon-estates.co.uk/

Jessie Parkes, Cirencester (2026)

16/10/2024

🏠 Top 6 Renovations to Boost Your Rental Property's Value 🏠

As a landlord, enhancing your property's value and rental income potential is key to protecting your investment and maximising profits. Here are six renovations to consider:

1. Add Extra Rooms
Creating additional living space can significantly increase your property's value. Consider converting a garage or loft into a bedroom or extra living area. Consult with a local sales and letting agent to determine which changes will add the most value.

2. Upgrade the Kitchen
A modern, stylish kitchen with quality appliances is highly attractive to tenants. Open-plan designs that combine kitchen, dining, and living spaces are especially popular. Use low-maintenance surfaces for longevity and ease of cleaning.

3. Improve the Bathroom
A well-designed bathroom featuring a powerful shower is a strong selling point. For families, having a bath is advisable, but if you’re targeting younger tenants, a spacious shower will suffice. Fully tiling the walls and floor can make cleaning easier.

4. Enhance Energy Efficiency
With future regulations likely requiring rented properties to meet a minimum EPC rating of C by 2030, now is the time to make energy-efficient upgrades. Consider insulation, double glazing, and energy-efficient appliances to attract tenants looking for lower heating costs.

5. Create a Welcoming Outdoor Space
Investing in a pleasant outdoor area can enhance your property’s appeal. If there's a garden, consider adding decking or paving for relaxation and entertaining.

6. Provide Secure Storage
Many tenants appreciate having extra storage for bikes, sports gear, and garden furniture. A sturdy, lockable shed or garage can be a major draw and help maintain high demand for your rental.

If you’re considering any of these renovations, feel free to reach out! I’d be happy to visit your property and provide tailored advice on the most beneficial improvements, as well as recommend trusted local professionals to get the work done.

14/10/2024

🏡 Keys to Success in Buy-to-Let 🏡

Entering the buy-to-let market is like starting a business, complete with its own set of rules and regulations. Understanding the financial and legal aspects is crucial, especially regarding taxation and property management.

To thrive as a landlord, particularly if you’re new to the game, it’s essential to surround yourself with experienced professionals. Here are the key advisers you should consider:

💼 Financial Adviser / Wealth Manager
Before investing, consult a financial adviser to assess how property fits into your overall wealth strategy. They can guide you on ownership structure, potential returns, and mortgage options.

💰 Property Tax Specialist
Property tax can be complex. Having a specialist to navigate this alongside your financial adviser ensures you understand tax implications and can help optimise your tax situation.

🏦 Mortgage Broker
Buy-to-let mortgages differ from residential ones, focusing on rental income. A specialist broker can help you find the right mortgage product and navigate the lending criteria, especially if you're considering a portfolio of properties.

🏢 Local Property Agents
Choosing the right property is vital for a successful investment. Local agents understand market trends and can assist in identifying properties that meet your investment goals.

📜 Legal Representative
An experienced solicitor or conveyancer is invaluable for a smooth purchase process. Seek recommendations to find someone well-versed in property investments and conveyancing.

With the right team in place, your buy-to-let venture can be legally compliant, profitable, and successful! If you’re looking for guidance at any stage of your investment journey, feel free to reach out!

11/10/2024

🏠 Key Insights from the 2022-23 English Housing Survey 🏠

The main report from the 2022-23 English Housing Survey came out in December, but the detailed reports—covering the rented sectors, housing quality, and affordability—have only recently been released. So, what are the key takeaways?

🏠 Private Rented Sector Stability:
Despite what the media might suggest, the Private Rented Sector (PRS) is performing well and remains stable. It makes up 19% of the housing market, with 4.6 million households renting privately in England—similar to a decade ago.

💷 Affordability:
While rents rose sharply between 2022 and 2023, 71% of tenants say they have no issues affording their rent. Private renters spend about 32% of their income on housing, compared to 18% for homeowners with a mortgage and 26% for social tenants.

📅 Tenancy Lengths:
The average tenancy length has remained steady at 4.3 years, with a wide range across age groups. The majority of tenants, especially younger ones, have been in their current home for less than a year.

🔑 Security for Tenants:
Most tenants feel secure in their rental homes, with 78% agreeing that they feel safe from eviction. Only a small percentage (9%) of tenancies ended for contentious reasons, debunking fears of widespread evictions.

🌍 Energy Efficiency:
The energy efficiency of rented homes has slightly improved, with 45% of PRS properties now in energy bands A to C. This is expected to increase as landlords prepare for stricter regulations by 2030.

🏚️ Property Condition:
Around 21% of PRS homes do not meet the Decent Homes Standard, but this is an improvement compared to previous years. There's still work to be done to raise standards, especially with older properties dominating the sector.

Overall, the report highlights a positive outlook for the rental sector with plenty of room for continued improvements, especially in energy efficiency and property standards.

09/10/2024

🧐 Are Landlords Really Leaving the Market?

With tighter regulations and increased taxes, you might have heard the media talking about landlords exiting the market. But here’s the truth 👉 While some landlords are selling, it’s often because they’re retiring and ready to cash in after years of investment. These properties are frequently snapped up by other landlords expanding their portfolios, which has kept the number of households renting pretty steady over the last decade.

🔍 The Latest Stats: According to Rightmove, 18% of homes for sale today were previously rentals—up from 8% in 2010. London leads with 29%, followed by Scotland and the North East at 19%. But the five-year average sits at 14%, so we’re definitely not seeing a mass exodus!

Is Buy-to-Let Still a Good Investment? ✅ Absolutely! With the right research, a well-managed property, and long-term planning, buy-to-let can still bring solid returns. Rents are rising faster than inflation, and property values continue to climb, making it a sound investment if you’re in it for the long term.

💬 Section 21 Changes for England There’s been some buzz about Section 21 being scrapped, but good landlords shouldn’t be worried. In most cases, tenants give notice, not landlords. Plus, a more regulated market benefits everyone, and with demand for rental properties rising, landlords will continue to play a crucial role in housing.

📊 Want to know more about the market trends? Feel free to get in touch!

07/10/2024

🐾 Moving with Dogs: Tips for a Smooth Transition 🐾

Moving home is stressful enough, but for our furry friends, it can be even more confusing. With a bit of planning, you can ensure the move goes smoothly for both you and your dog. 🏡🐶

👉 Find a New Vet: If you're moving to a new area, make sure to register with a local vet before the big day. Don’t forget to update your dog’s microchip and order a new tag with your updated address!

👉 Plan for Moving Day: Moving day can be hectic. To keep your dog safe and calm, consider arranging for a dog-sitter, or ask a friend or family member to look after them while you manage the move.

👉 Settle Into the New Home: Ensure your new home is dog-friendly by checking for any hazards. Set up their bed, bowls, and toys straight away to help them feel more at ease.

👉 Explore the New Area: Take your dog for walks around the neighbourhood as soon as possible to help them adjust to their new surroundings. Keep them on a lead until they’re familiar with the area.

👉 Look for a Dog-Sitter or Walker: If you’ll need a sitter or walker after the move, start looking for recommendations early. Local social media groups can be a great way to find trusted services!

Moving can be overwhelming for pets, but with some careful preparation, you can make the experience much less stressful for everyone. And once you’re settled, why not take your dog to the nearest dog-friendly pub for a well-deserved break? 🐕🍻

03/10/2024

🏡 Understanding Completion Day 🏡

Completion day is a key milestone in any property transaction, marking the official transfer of ownership from the seller to the buyer. It's often the day you move into your new home—assuming everything goes smoothly!

🔑 Timeline for Completion Day

The timing depends on the length of the property chain. Typically, it takes about an hour for funds to move from the buyer’s solicitor to the seller’s account. For instance, if funds are transferred at 10am, they should reach the seller by 11am or 11:30am. Once confirmed, the selling agent will hand over the keys. This process continues along the chain.

⏳ Who Completes First?

The first party to complete is usually a first-time buyer or someone who’s already sold their previous home and is renting.

📅 Can Exchange and Completion Happen on the Same Day?

Yes, it’s possible! But it can be risky. The property must be empty for completion, but until contracts are exchanged, there’s always a chance the sale could fall through. Usually, completion happens 1–2 weeks after exchanging contracts.

🏠 Key Consideration

Make sure you have buildings insurance from the moment of exchange. Without it, the exchange can't go ahead.

💡 What If a Buyer Fails to Complete?

In rare cases, if a buyer doesn’t complete, they may lose their deposit and incur extra costs.

📋 Practical Advice

Remember to take meter readings and set up a forwarding address for your post. A good agent will help ensure everything runs smoothly on the day.

19/09/2024

🍁 Autumn Property Market: A Window of Opportunity! 🍁

The property market is seeing a strong rebound as we enter autumn, with increased activity from both buyers and sellers. Here’s a quick update on the latest trends:

📊 Market Shift: The average asking price has risen by 0.8% this month, reflecting stronger demand, with more homes coming onto the market. Sales agreed are up 27% compared to last year’s slower market.

🏡 Seller Confidence: The number of new properties for sale has increased by 14%, and the average number of homes available per estate agent is the highest since 2014.

💼 Buyer Activity: Mortgage rates are stabilising, with the average 5-year fixed rate down from its peak. More choice is available, but value-conscious buyers are taking their time, with homes taking an average of 60 days to sell.

🔑 Key Takeaway: While buyer interest is high, pricing your property correctly is key to attracting serious offers in this more cautious market.

If you’re considering selling or buying, let’s discuss the best strategy in today’s evolving market.

02/08/2024

𝐓𝐡𝐢𝐧𝐤𝐢𝐧𝐠 𝐨𝐟 𝐒𝐞𝐥𝐥𝐢𝐧𝐠 𝐨𝐫 𝐋𝐞𝐭𝐭𝐢𝐧𝐠 𝐘𝐨𝐮𝐫 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲? 𝐇𝐞𝐫𝐞'𝐬 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰! 🏠📈

Are you considering selling or letting your property in Cirencester? Here’s why it’s crucial to partner with a knowledgeable estate agent:

🔍 1. 𝐀𝐜𝐜𝐮𝐫𝐚𝐭𝐞 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: We provide a detailed market analysis to ensure your property is priced right. An accurate valuation helps attract serious buyers or tenants and maximises your return.

💼 2. 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠: From professional photography to targeted online advertising, we use a range of strategies to showcase your property to the right audience.

📝 3. 𝐄𝐱𝐩𝐞𝐫𝐭 𝐍𝐞𝐠𝐨𝐭𝐢𝐚𝐭𝐢𝐨𝐧: Skilled negotiation can significantly impact your final offer. We handle negotiations to secure the best possible terms for you.

📊 4. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: Stay informed with the latest market trends and data. We offer valuable insights into property values, rental yields, and local demand.

📅 5. 𝐒𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞𝐝 𝐏𝐫𝐨𝐜𝐞𝐬𝐬: Managing paperwork and legal requirements can be overwhelming. We guide you through every step, ensuring a smooth and stress-free experience.

Choosing the right estate agent can make all the difference. If you’re ready to discuss your property goals, get in touch today!

01/08/2024

𝐔𝐧𝐩𝐨𝐩𝐮𝐥𝐚𝐫 𝐎𝐩𝐢𝐧𝐢𝐨𝐧: 𝐁𝐮𝐲𝐞𝐫𝐬 𝐒𝐡𝐨𝐮𝐥𝐝 𝐁𝐞 𝐓𝐡𝐨𝐫𝐨𝐮𝐠𝐡 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝𝐢𝐧𝐠! 🏡

In the real estate world, there’s often a push for buyers to be easygoing. However, with property transactions being substantial investments, you have every right to be meticulous.
Here’s why you should:

𝐀𝐬𝐤 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬: Ensure you understand every aspect of the property and the buying process.

𝐂𝐨𝐧𝐝𝐮𝐜𝐭 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐃𝐮𝐞 𝐃𝐢𝐥𝐢𝐠𝐞𝐧𝐜𝐞: Evaluate all options and seek clarity on any concerns.

𝐌𝐚𝐤𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬: Take your time to make the best choice for your needs.

As an estate agent, I encourage you to be proactive and thorough. Your careful approach can lead to a much more satisfying property purchase.

Should buyers be demanding? Absolutely!

31/07/2024

𝐇𝐚𝐫𝐬𝐡 𝐑𝐞𝐚𝐥𝐢𝐭𝐲:

Most estate agents are driven by money.

And to get it, they often put your needs second.

We all strive for financial success, but it shouldn’t come at the expense of client satisfaction.

If you’re in the property market, pay close attention to whether your agent is:

1. Trying to sell to you.

Or…

2. Trying to understand you.

How can you tell the difference?

A poor agent will insist that every property is the best choice.

A great agent will identify the one property that truly suits you.

Trust your instincts.

If it feels rushed and too good to be true…

It probably is.

Jessie Parkes

16/10/2024

14/10/2024

11/10/2024

09/10/2024

07/10/2024

03/10/2024

19/09/2024

02/08/2024

01/08/2024

31/07/2024

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Monday	8:30am - 5:30pm
Tuesday	8:30am - 5:30pm
Wednesday	8:30am - 5:30pm
Thursday	8:30am - 5:30pm
Friday	8:30am - 5:30pm
Saturday	9am - 1pm