Foxtons news

Selling

pricing-my-home

<h2 class='intro_basic'>Setting the right price for your home gets you a swift sale at the best value. Here's how to nail your pricing strategy by blending market insights, property features, and expert advice.</h2>

<h3>Know your local market</h3>
<p>Start with a look at what similar homes in your area have sold for recently. These 'comparables' give you a solid foundation for your pricing. At Foxtons, we  share these insights with our sellers to ensure your property hits the market at just the right price point.

<h3>Go beyond your local market with Foxtons</h3>
<p>The second step is understanding buyers in other local markets that might be interested in moving further. Did you know that two out of five Foxtons buyers end up moving to a different area to where they started searching? That’s the benefit of London – a network of incredibly distinct communities, connected by excellent transport. 

<p>We are unique in that our Negotiators aren't limited to selling in their local patch, so we're always showing buyers areas they never considered, just a few Tube stops away that better suit their search criteria. Most buyers do compromise on location to find the right size property in the right condition for their budget. Our network allows this sort of flexibility, and so we've found Londoners will move for the right home. 

<p>So, if your agent only values your property based on their local patch, they’ve missed an entire audience of motivated buyers.

<h3>Highlight what makes your home special</h3>
<p>Every property has standout features that boost its appeal. That newly fitted kitchen, south-facing garden, or smart home system? They all add value. We'll help you spotlight these selling points in your marketing price, ensuring potential buyers recognise what makes your home worth every penny.

<h3>Keep emotions in check</h3>
<p>We understand – your home holds countless memories and personal value. But potential buyers are looking at your property with fresh eyes and comparing it to others on the market. Working with your Foxtons agent to focus on the objective factors will help you set a price that attracts serious interest.

<h3>Ride the market wave</h3>
<p>Is the local market more of a buyer's or seller's market right now? When demand outstrips supply, you can confidently set a higher price. When buyers have more options, a competitive price becomes crucial. Your Foxtons agent stays on top of these trends to help you make the most of current conditions.

<h3>Stay nimble</h3>
<p>The property market moves <i>fast</i>. If your home isn't generating the expected interest, a small price adjustment can make all the difference. We continuously monitor buyer reactions and market shifts to ensure your pricing strategy remains spot-on.

<p>Setting the perfect price combines market expertise, clear thinking, and adaptability. Get it right, and you'll attract motivated buyers who recognise your home's true value.

<p>Ready for an accurate valuation that considers all these factors? Book a free valuation with Foxtons today, and we'll show you exactly what your property is worth in today's market.

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   <p><p><b>Source:</b> This article has been reviewed and edited by the Foxtons Sales department, to ensure you have the best information at your fingertips for an easier journey in London property. If you have any questions, <a href='mailto:experts@foxtons.co.uk?subject=Article%20on%20listing%20before%20buying%20' target='_blank'>ask a Foxtons expert</a></div>


buyer-psychology

<h2 class='intro_basic'>First impressions sell homes. When potential buyers enter your property and instantly feel at home, it's no accident - it's the result of you and your estate agency creating the perfect welcome. Understanding what makes buyers tick puts you miles ahead in the selling game. Here's what our Foxtons Sales team has to say about buyer psychology:</h2>


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<img src="https://page-assets.foxtons.co.uk/news-images/2025/05/flowers-in-the-home/480.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" />
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<p><i>"In my years with Foxtons Sales, I've seen firsthand how small details make dramatic differences during viewings. Properties that engage all five senses consistently attract offers faster. That's why we always recommend sellers create subtle background experiences - a freshly mown lawn, soft lighting in the evening, a lightly scented bouquet or baked bread, and ensuring a comfortable temperature. These touches help buyers form an immediate emotional connection rather than just ticking boxes on their checklist."</i><p style="text-align: right">James Stevenson,<br><small><b>Sales Area Director - Central North</small></b></p></div>
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<h3>Wow from the start</h3>

<p>Kerb appeal matters. It sets the tone for the entire viewing. A tidy garden and mown lawn, fresh paintwork and clean windows create an instant positive connection. Inside, a bright, decluttered entrance beckons viewers in. These simple touches make buyers feel welcome and excited to see more.


<h3>Tap into emotions</h3>
<p>Buyers follow their heart first, then justify with logic - that's why we're focusing so much on the first impression. Smart staging also works wonders here. By keeping personal items minimal and creating thoughtful room layouts, you help buyers picture themselves living in your space. This emotional connection often seals the deal before rational thinking kicks in.


<h3>Get the price spot-on</h3>
<p>Price isn't just a number – it's a marketing tool. Set it too high, and you'll put off perfect buyers. Too low, and you'll leave money on the table. The sweet spot attracts maximum interest and creates the right competitive atmosphere. Our valuation experts know exactly how to hit this target.

<blockquote class='pullquote_left'>
<p><small>“The most successful sellers understand that buyers typically make decisions in the first moments of a viewing. That’s why we focus on making those initial impressions count – from creating the property listing to our first phone call with your potential buyer.</p><p style="text-align: right">James Stevenson</small>
</blockquote>
<p><big><font color= "#017163" >Highlight what matters</font color></big></p>
<p>Different buyers want different things. Some love location, others need space for growing families, while many look for character or potential. We'll help you identify your property's strongest selling points and showcase them brilliantly.





<p><big><font color= "#017163" >Negotiate with confidence</font color></big></p>
<p>Understanding what motivates your buyers gives you the upper hand in negotiations. Our expert Negotiators read these signals perfectly, securing deals where everyone walks away happy.


<h3>Ready to get it done?</h3>
<p>Selling is about showing buyers not just a property, but their ideal lifestyle. Using the skills of our in-house photography team, and the skills of our Negotiators conducting property viewings, we can attract quality offers for your home quickly.
<p>Book a valuation today and let us show you how we get sales done.
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   <p><p><b>Source:</b> This information comes from Foxtons Sales Department to make sure you to get the best out of your property listing and each viewing we conduct. If you have any questions about this article, <a href='mailto:experts@foxtons.co.uk?subject=Buyer%20Psychology%20Article' target='_blank'>ask a Foxtons expert</a>.
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multiple-offers

<h2 class='intro_basic'>Multiple offers on your property means you're in a fantastic position – it can spell good things for your pricing and marketing strategy, and reflect well on the home you’ve kept. It's exciting, isn't it? So, here's how we turn those offers into the perfect sale for you.</h2>



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<p><i>"At Foxtons, generating multiple offers isn’t a rare occurrence—it’s the result of a strategic approach to pricing and presentation that creates real market excitement. This is where our expertise truly sets us apart. My team brings a wealth of experience in navigating competitive scenarios, ensuring you don’t just receive offers—you receive the <i>right</i> offers. We’ll guide you through every detail, helping you assess not just the numbers, but the full value each buyer brings to the table. Our goal is simple: to secure the best possible outcome for you—not just any deal, but the <i>right</i> deal."</i></p>
<p style="text-align: right">Thomas Lebbern,<br><small><b>Foxtons Sales Director - South East</small></b></p>
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<h3>Understanding what's on the table</h3>
<p>It's not a surprise that the first thing sellers look at is the price buyers are offering. But there's more to consider in 
 an offer. You should also look at:
<p style="margin-left: 25px">•	How the buyer is financing the purchase
<p style="margin-left: 25px">•	Any conditions they've attached
<p style="margin-left: 25px">•	Their proposed timeline to completion
<p style="margin-left: 25px">•	Special requests or clauses
<p>A higher offer with loads of conditions might not be as attractive as a clean, straightforward offer at a slightly lower price. We'll help you spot the difference.

<h3>Getting the best outcome</h3>
<p>When multiple buyers are keen, it's the perfect time to maximise your position. We'll communicate promptly with all interested parties, letting them know there's competition and setting a clear deadline for best and final offers.

<p>This approach often motivates buyers to put their absolute best foot forward. The result? Better terms and potentially a higher price for you.


<h3>Checking their finances</h3>
<p>A reliable offer comes from a reliable buyer. We'll help you assess each potential purchaser's financial situation:
<p style="margin-left: 25px">•	Are they cash buyers?
<p style="margin-left: 25px">•	Do they have mortgage approval in principle?
<p style="margin-left: 25px">•	What size deposit are they offering?
<p style="margin-left: 25px">•	Where are they in the chain – has their current property sold? 
<p>A buyer who's thoroughly prepared gives you much more certainty than one who still has hoops to jump through.

<p>We will encourage all parties to speak to our recommended brokers, <a href='https://www.alexanderhall.co.uk/contact' target='_blank'>Alexander Hall</a>. Not only will the buyer know that they are getting the best mortgage deal for them as Alexander Hall are a whole-of-market broker, but you will also have the confidence to proceed with a fully financially vetted buyer. 

<h3>Timing it right</h3>
<p>Your ideal completion date matters. An offer that fits perfectly with your moving plans can be worth its weight in gold – sometimes even more valuable than a higher bid with a trickier timeline.
<p>Whether you're in a rush or need extra time, we'll find the buyer who can move at your pace.

<h3>Making your decision</h3>
<p>The perfect offer matches your priorities – whether that's price, speed, certainty or flexibility. Our local experts will walk you through each offer's strengths, explaining everything in plain English so you can choose with confidence.

<h3>The first step</h3>
<p>Working with Foxtons? You’ve likely already got the local Foxtons team talking to you about the offer, so be sure to keep in touch, ask us your questions and tell us exactly what you’re weighing up. 
<p>If you're still considering estate agents to sell your property, ask us how we can get your property to the point where you're considering multiple offers during your free Foxtons valuation: 
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   <p><p><b>Source:</b> This article was reviewed by the Foxtons Sales team, who knows your property and your local market inside out. We'll guide you through multiple offers, making sure you get the very best outcome. Have a question about this article? With subject line: <a href='mailto:experts@foxtons.co.uk?subject=Multiple%20Offers%20Article' target='_blank'>Ask a Foxtons expert</a>.</div>

Home inspiration

london-house-exterior

<h2 class='intro_basic'>The exterior of your home is a powerful selling tool. It's the photo that catches a buyer's eye online, and their first impression when they arrive. You want them to be wowed from the start. Since you're about to sell, you don't want to spend too much time or money - but some simple touches can make your property stand out. Here are quick tips to turn heads for all the right reasons.</h2>


<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/front-door-in-richmond/720.jpg' alt='London front garden'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>



<h3>Give your garden a once-over</h3>
<p>A tidy front garden works wonders, so roll up your sleeves. Mow the lawn, trim hedges and pull up the weeds.
Want a splash of colour? Pop to your local garden centre for a tray of low-maintenance, colourful annuals like geraniums, or a few pre-planted pots you can dot around the space.
<p>Fresh mulch is brilliant for making borders look tidier. It blocks weeds and makes bare spots look planned rather than neglected.
<p>These simple touches can transform your outdoor space with minimal effort.

<h3>A lick of paint</h3>
<p>Fresh paint makes your home look clean and well-kept. Repainting the entire exterior might be too much, but even freshening up key areas like the front door, shutters and trim can make a huge difference.

<p>Your front door is the star of the show. Consider a new colour or updated hardware. Even small changes like a new doorknob or knocker can lift the whole look. Make sure your house number is clearly visible, and fixing the broken doorbell should definitely make the shortlist.

<h3>The walk to your front door</h3>
<p>While you're at it, give your driveway and walkways some TLC. You can repair cracks, remove weeds and give everything a good scrub – a power wash if possible. That way, every step up to your front door is giving a good impression. 

<h3>Light it up</h3>
<p>Good lighting enhances both safety and appeal. It adds a warm, welcoming ambiance to your home. However, as we head into summer and the days get longer, this will be less of a factor – outdoor lighting is more of a consideration for late afternoon viewings in the winter months, when buyers might need some help seeing shadowy walkways clearly.


<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/front-door/720.jpg' alt='London front door'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>



<h3>Picture perfect</h3>
<p>First impressions start well before buyers visit – they begin when we take the photos for your property listing. So, if you do nothing else, prepare for our photography team.
<p>Declutter your outdoor space when our photographer visits. Move post, muddy boots and especially bins out of sight. The first thing potential buyers should notice is your lovely home – not your rubbish.
<p>A tidy exterior lets buyers focus on your home's best features without distractions.


<h3>Don’t get stuck watching paint dry…</h3>
<p>These tips will boost your kerb appeal nicely. But even if your paint is weathered or gardening isn't your strong suit, don’t forget we get it done. Foxtons Photographers will still show your property in its best light, and our Negotiators will share your home’s full potential in viewings. 

<p>So, don't let your to-do list delay your property goals. Start with a valuation and let London's number 1 estate agency work on getting buyers through the door:

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   <p><p><b>Source:</b> This information comes from Foxtons Sales Department and our in-house team: Foxtons Specialist Video & Photography – to make sure you to get the best out of your property listing and each viewing we conduct. If you have any questions about this article, <a href='mailto:experts@foxtons.co.uk?subject=Kerb%20Appeal%20Article' target='_blank'>ask a Foxtons expert</a>.
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Buying

listing-before-buying

<h2 class='intro_basic'>However tempting it might be to start your house hunting as soon as possible, there are a number of benefits to putting your own property on the market before you do.</h2>


<h3>&#x1f3ac; Ask an Expert</h3>

<p>James Stevenson, Area Director for Central North, answers the question, "When should I get my property valued?" 
<center><div style="padding:50.78% 0 0 0;position:relative;"><iframe src=" https://player.vimeo.com/video/1057864302?badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479" frameborder="0" allow="autoplay; fullscreen; picture-in-picture; clipboard-write" style="position:absolute;top:0;left:0;width:100%;height:100%;" title="James 1 H "></iframe></div><script src=https://player.vimeo.com/api/player.js></script></center>


<h3>Ready to buy</h3>

<p>The first reason to put your property on the market before you buy is that it shows estate agents you're serious about moving. They’re more likely to accommodate viewings for you and for any offers you make on a property, they can share that you’re in a good position to move.

<p>Secondly, a seller is more likely to accept an offer from a buyer who can proceed with that purchase, rather than one whose home isn’t even on the market, let alone have a buyer for it. In most cases, the only time a seller might consider a non-proceedable buyer is if they’re not in a rush to move and it’s financially beneficial to wait. That essentially means you’re likely to be paying over the odds to secure that property.
 
<p><a href='https://www.foxtons.co.uk/properties-for-sale/south-east-england' target='_blank'>Browsing online</a> will give you some ideas on what you'll want to buy. However, you’ll get a much clearer idea of what you can afford if you: 
<p style="margin-left: 25px">1. <a href='https://www.foxtons.co.uk/valuations' target='_blank'>Get your property valued</a>, for free, by an experienced Foxtons Valuer.
<p style="margin-left: 25px">2. Then, we’ll send you a valuation letter with our recommended asking price, which you can bring to your consultation with a mortgage advisor, like our partner firm, <a href='https://www.foxtons.co.uk/buy/buy_mortgages' target='_blank'>Alexander Hall</a>. 

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<a href="https://www.alexanderhall.co.uk/contact" class="cta-button cta-button-secondary">
  
 &#x1f4b7;  Book an Alexander Hall consultation</a>

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<div class="panel">
  <p>JS: "With 20 years of experience at Foxtons, I’m often asked, when is the right time to get my property valued?" 
"Well, it’s now. When you are looking at property listings, this is exactly when you should book a valuation. Don’t wait until you’ve found ‘the one’ or your sale won’t happen in time to buy it."

<p>"When you are dreaming about your next move, when you suspect a certain area might be in budget, when your conversations start turning to ‘where’ and ‘what if’ and ‘how much, this is when you really need all the facts in front of you. 

<p>"After all, what have you got to lose? At your free valuation, one of our experts will show you how to achieve your property goals in today’s market. 

<p>So, pause your scrolling for a second and book a Foxtons valuation. 
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   <p><p><b>Source:</b> This article has been reviewed and edited by the Foxtons Sales department, to ensure you have the best information at your fingertips for an easier journey in London property. If you have any questions, <a href='mailto:experts@foxtons.co.uk?subject=Article%20on%20listing%20before%20buying%20' target='_blank'>ask a Foxtons expert</a></div>


Property market updates

follow-the-crowd

<h2 class='intro_basic'>The word on the street is that interest rates are going to drop again, enticing more buyers to the market. Should you start your property sale now, or wait until later in the year? Here's what Foxtons property experts say... </h2>


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<div class="takeaways-container">
  <h5><big>Key takeaways</big></h5>
  <p class="takeaways-subtitle">Click a number to jump to that topic in the article.</p>
  
  <ul class="takeaways-list">
    
       <li class="takeaway-item">
      <a href="#section1" class="jump-link"><span class="takeaway-item-number">1</span></a>
      <span class="takeaway-item-highlight">Beat the crowd:</span>
      <span class="takeaway-item-content">Waiting for lower interest rates could put you in a crowded market.</span>
    </li> 
       <li class="takeaway-item">
      <a href="#section2" class="jump-link"><span class="takeaway-item-number">2</span></a>
      <span class="takeaway-item-highlight">London's resilience:</span>
      <span class="takeaway-item-content">The capital's unique buyer pool means demand remains strong</span>
    </li> 

 <li class="takeaway-item">
      <a href="#section3" class="jump-link"><span class="takeaway-item-number">3</span></a>
      <span class="takeaway-item-highlight">Current mortgage deals:</span>
      <span class="takeaway-item-content">Lenders are already offering attractive rates ahead of any Bank of England cuts</span>
    </li> 

 <li class="takeaway-item">
      <a href="#section4" class="jump-link"><span class="takeaway-item-number">4</span></a>
      <span class="takeaway-item-highlight">Autumn uncertainty:</span>
      <span class="takeaway-item-content">Political and economic factors may complicate selling later in the year</span>
    </li> 

 <li class="takeaway-item">
      <a href="#section5" class="jump-link"><span class="takeaway-item-number">5</span></a>
      <span class="takeaway-item-highlight">Expert insight:</span>
      <span class="takeaway-item-content">Our senior sales specialists recommend acting sooner rather than later</span>
    </li> 

 </ul>
</div>
</body>
</html>

<h3>Why should you listen to us?</h3>
<p>Let's address the elephant in the room – yes, we're an estate agency, and yes, we want to sell your property. But our advice comes from genuine market expertise and decades of experience in London's unique property landscape. Our senior sales specialists are seeing clear patterns that could benefit sellers who act now rather than wait.


<figure><img src='https://page-assets.foxtons.co.uk/news-images/2025/05/multiple-offers/720.jpg' alt=''>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<a id="section1"></a>
<h3>The London property market: why timing matters</h3>
<p>Thinking of selling your London property? You might be tempted to wait until late summer, hoping for those interest rate cuts everyone's talking about. We get it – on paper, it makes perfect sense, so you sit back and wait.

<p>But here's the thing: <b>so does everyone else.</b>

<h3>The 'wait and see' trap</h3>
<p>Let's be honest – we're all reading the same news. Interest rates might drop further later this year, but when everyone acts on the same information, things get tricky.
<p>What happens when thousands of London sellers all list their properties in August or September? Suddenly, your lovely Victorian terrace or riverside apartment isn't the only game in town. You're competing with dozens of similar properties, all vying for the same buyers.

<p>This rush can trigger what we call a "race to the bottom" – when sellers start dropping prices just to stand out. And trust me, that's not where you want to be, especially in sought-after London postcodes.

<a id="section2"></a>

<h3>London's property market plays by different rules</h3>
<p>London isn't just any property market. It's a global city with distinct advantages:
<p style="margin-left: 25px">•	<b>International appeal:</b> London buyers aren't just locals affected by UK interest rates, they're international investors looking at London as a long-term opportunity.
<p style="margin-left: 25px">•	<b>Premium property resilience:</b> Higher-end properties in London often weather market fluctuations better than average. Even with economic uncertainty, prime London locations maintain their desirability.
<p style="margin-left: 25px">•	<b>Return to office life:</b> The post-pandemic return to London offices is driving renewed interest in properties with good commuting connections. This trend is happening now, so you can get onboard.

<a id="section3"></a>

<h3>Today's mortgage market is better than you might think</h3>

<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2025/05/rates-cut-again-what-buyers-need-to-know-about-the-evolving-mortgage-market' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/05/mortgage-market/1600.jpg' alt=''></a><p><small><b>Read:</b> <a href='https://www.foxtons.co.uk/discover/2025/05/rates-cut-again-what-buyers-need-to-know-about-the-evolving-mortgage-market' target='_blank'>Rates cut AGAIN - what buyers need to know about the evolving mortgage market</a></small>
</blockquote>

<p>Here's something many sellers don't realise – lenders aren't waiting for the Bank of England to make moves. They're already competing for business:
<p style="margin-left: 25px">•	<b><a href='https://www.foxtons.co.uk/discover/2025/02/mortgage-rates-below-4-are-back-is-it-time-to-buy' target='_blank'>Sub-4% rates are back:</a></b> Many lenders are already offering competitive rates, with some dipping below 4% for certain products.
<p style="margin-left: 25px">•	<b><a href='https://www.foxtons.co.uk/discover/2025/04/the-rise-of-lowdeposit-mortgages-opportunities-at-17year-high' target='_blank'>Low-deposit options:</a></b> First-time buyers can now find more accessible mortgage products, widening your potential buyer pool.
<p style="margin-left: 25px">•	<b>Innovative lending:</b> Some lenders are even introducing creative solutions like 100% LTV mortgages (with certain conditions, of course).
<p>The current mortgage landscape is creating opportunities for buyers right now – not just in some hypothetical future.

<a id="section4"></a>

<h3>Autumn considerations</h3>
<p>The autumn months bring their own considerations:
<p style="margin-left: 25px">•	<b>Budget uncertainty:</b> A new budget could introduce changes affecting the property market – and uncertainty itself can stall buyer decision-making.
<p style="margin-left: 25px">•	<b>Inflation wobbles:</b> Inflation may even cause the bank of England to revisit their plans of cutting rates which could result in fewer cuts than originally anticipated.
<p style="margin-left: 25px">•	<b>Global economic factors:</b> From international tariffs to currency fluctuations, the global economic picture is constantly shifting – potentially affecting the property market in ways we can't predict.

<a id="section5"></a>

<h3>What should London sellers do right now?</h3>
<p style="margin-left: 25px"><b>1. <a href="https://www.foxtons.co.uk/valuations" target="_blank">Get a valuation</a>:</b> Understanding your property's current market position is step one – and it costs you nothing.
<p style="margin-left: 25px"><b>2. <a href="https://www.alexanderhall.co.uk/contact" target="_blank">Talk to mortgage experts:</a></b> Have a conversation about what buyers are currently able to access. You might be surprised at how many qualified buyers are in the market right now.
<p style="margin-left: 25px"><b>3. Consider your personal timeline:</b> Every seller's situation is different. How does selling now versus in three months align with your plans?
<p style="margin-left: 25px"><b>4. Prepare your property:</b> Even if you decide to wait, getting your property ready now means you can move quickly when the time is right.


<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/05/we-get-it-done/720.jpg' alt='Foxtons MINI in Notting Hill'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>



<h3>The bottom line? Don't feel pressure to follow the crowd</h3>
<p>London's property market has always rewarded those who think independently. While waiting for potentially lower interest rates seems logical, the reality is that market dynamics are more complex.
<p>By acting now, you're positioning yourself ahead of what could be a very crowded late summer market. You're offering your property when there's less competition, to buyers who are already empowered by improving mortgage options.
<p>Of course, if selling in late summer makes more sense for you, we'll be right there to ensure your property stands out against the competition. 
<p>Ready to explore your options? Our London property experts are ready to give you a free, no-obligation valuation and discuss your specific situation.

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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Book a Foxtons valuation</a>
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<br><hr><br>
<div style="background: #00000; 
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            border: 3px solid #017163; 
            margin-left: 20px; 
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   <p><p><b>Source:</b> This article reflects the expert insights of our senior sales specialists who have navigated multiple London property cycles and are closely monitoring current market conditions. If you have any questions on this article, <a href='mailto:experts@foxtons.co.uk?subject=Don't%20wait%20to%20Sell%20Article' target='_blank'>ask a Foxtons expert</a>.</div>

mortgage-market

<h2 class='intro_basic'>Ready for your latest instalment of fantastic news in the mortgage market? The Bank of England has just cut interest rates from 4.5% to 4.25%, the fourth reduction in this cycle. This latest 0.25% drop adds to the growing list of positives energising the property market right now. </h2>

<h3>Expert Insight</h3>
<p>Richard Merrett, Managing Director of Foxtons partner mortgage broker, Alexander Hall, shares some insight on what might change with these new rates: 
<div style="background: white; 
            padding: 10px; 
            border: 3px solid #38bad9; 
            margin-left: 60px; 
            margin-right: 60px;
box-shadow: rgba(255, 255, 255, 0.1) 0px 1px 1px 0px inset, rgba(50, 50, 93, 0.25) 0px 50px 100px -20px, rgba(0, 0, 0, 0.3) 0px 30px 60px -30px;
">
<p><big><big><b>...benefitting a wider range of borrowers, not just those with larger deposits...</b></big></big>
   <p><i>"Today's news is set to further boost confidence in an already positive market. Rates have fallen across all loan-to-values for both residential and buy-to-let fixed rates in the last month. Notably, sub-4% rates are back, with a 2-year 75% LTV rate falling below this threshold for the first time since September 2022, benefiting a wider range of borrowers, not just those with larger deposits or equity in their homes.
 
<p>Additionally, for those with lower deposits the availability of 5% and 10% deposit mortgages is at a 17-year high, potentially allowing first-time buyers to purchase homes sooner."</i>
<p style="text-align: right">Richard Merrett<br><small><b>Managing Director, Alexander Hall</small></b></p>

</div> 
<div class='clearfix'></div><br><br>

<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/05/base-rate-cut/720.jpg' alt='A kitchen with a large island and plants'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>What this means for buyers and buy-to-let landlords</h3>
<p>If you have a tracker mortgage linked to the Bank of England's rate, you'll see an immediate drop in your monthly payments.

<p>For the majority on fixed-rate deals, while your current payments won't change, this cut might mean better rates when you come to remortgage. 

<p>Most excitingly, if you're looking to get a new mortgage, this is brilliant timing for you. The base rate influences the interest rates lenders attach to the mortgages they offer, and if interest rates go down, even as little as 0.25%, you’re in for big savings on your monthly payments:

<figure>
<div style="max-width: 350px; margin: 0 auto; font-family: Arial, sans-serif; background: linear-gradient(135deg, #e6f1ef 0%, #ffff 100%); border-radius: 16px; padding: 32px; box-shadow: 0 4px 6px rgba(0,0,0,0.1);">
    <div style="text-align: center; margin-bottom: 32px; position: relative;">
   
        <h2 style="color: #017163; font-size: 25px; margin: 0 0 8px 0;">The Impact of a <b>0.25%</b> Rate Drop</h2>
        <p style="color: dark-grey; font-size: 16px; margin: 0;">See How Much You Could Save Monthly</p>
    </div>
    
    <div style="display: flex; flex-direction: column; gap: 24px;">
        <div style="background: white; padding: 24px; border-radius: 12px; box-shadow: 0 4px 12px rgba(0,0,0,0.1); position: relative; border-left: 6px solid #fff000;">

            <div style="display: flex; justify-content: space-between; align-items: center;">
                <div>
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Loan Amount</div>
                    <div style="color: #67aaa1; font-size: 20px; font-weight: bold;">£300,000</div>
                </div>
                <div style="text-align: right;">
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Monthly Savings</div>
                    <div style="color: #017163; font-size: 25px; font-weight: bold;">£43.90</div>
                </div>
            </div>
        </div>
        
        <div style="background: white; padding: 24px; border-radius: 12px; box-shadow: 0 4px 12px rgba(0,0,0,0.1); position: relative; border-left: 6px solid #fff000;">
            <div style="display: flex; justify-content: space-between; align-items: center;">
                <div>
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Loan Amount</div>
                    <div style="color: #67aaa1; font-size: 20px; font-weight: bold;">£500,000</div>
                </div>
                <div style="text-align: right;">
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Monthly Savings</div>
                    <div style="color: #017163; font-size: 25px; font-weight: bold;">£73.17</div>
                </div>
            </div>
        </div>
        
        <div style="background: white; padding: 24px; border-radius: 12px; box-shadow: 0 4px 12px rgba(0,0,0,0.1); position: relative; border-left: 6px solid #fff000;">
            <div style="display: flex; justify-content: space-between; align-items: center;">
                <div>
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Loan Amount</div>
                    <div style="color: #67aaa1; font-size: 20px; font-weight: bold;">£700,000</div>
                </div>
                <div style="text-align: right;">
                    <div style="color: #4b5563; font-size: 16px; margin-bottom: 8px;">Monthly Savings</div>
                    <div style="color: #017163; font-size: 25px; font-weight: bold;">£102.43</div>
                </div>
            </div>
        </div>
    </div>
    
    <p style="color: #6b7280; font-size: 14px; text-align: center; margin-top: 24px;">Based on a 30-year repayment mortgage term</p>
</div>
<br>

<figcaption><big>Source: <u><b><a href='https://www.foxtons.co.uk/discover/2025/02/mortgage-rates-below-4-are-back-is-it-time-to-buy' target='_blank'>Mortgage rates below 4% are back - is it time to buy?</a></u></b></figcaption>
</big></figure>

<h3>More reasons to get moving</h3>

<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2025/04/the-rise-of-lowdeposit-mortgages-opportunities-at-17year-high' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/low-deposit-mortgages/1600.jpg' alt=''></a><p>Read <a href='https://www.foxtons.co.uk/discover/2025/04/the-rise-of-lowdeposit-mortgages-opportunities-at-17year-high' target='_blank'>The rise of low-deposit mortgages: opportunities at a 17-year high</a>
</blockquote>

<p>Lenders aren't waiting around – they've already started reducing rates on new fixed deals in anticipation of further rate cuts. Here's what's happening:
<p style="margin-left: 25px">•	<b>Rates dropping across the board:</b> Both residential and buy-to-let fixed rates have fallen across all loan-to-value options in the past month.
<p style="margin-left: 25px">•	<b>Interest rates below 4%:</b> For the first time since September 2022, you can get a 2-year 75% LTV mortgage below 4%.
<p style="margin-left: 25px">•	<b>Low-deposit mortgages available:</b> There are <b>more 5% and 10% deposit mortgages available than at any point in the last 17 years</b> – perfect if you're eager to get on the property ladder.
<div class='clearfix'></div>


<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/05/improved-affordability/720.jpg' alt='A window frame with a table and chairs'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>

<h3>Improved affordability – the real game changer</h3>
<p>The affordability test is often the biggest hurdle when applying for a mortgage. Lenders need to check you could still afford repayments if rates were to rise. When the tests ease, the maximum lending amounts increase, meaning you’ve got more to work with when you’re searching for your next home.
<p style="margin-left: 25px">•	Five of the UK's top lenders have improved their affordability calculations
<p style="margin-left: 25px">•	Higher loan-to-income ratios are now available from some of Alexander Hall’s intermediary-only lenders, which gives you more borrowing power
<p>This means more options for first-time buyers and current homeowners looking to move up the ladder.


<figure><img src='https://page-assets.foxtons.co.uk/news-images/2025/05/london-mortgage-home/720.jpg' alt='A row of houses with a tree in front of it'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>

<h3>What to do next</h3>
<p>There are two simple ways to get started:
<p style="margin-left: 25px">1.	<b>Chat with a mortgage expert:</b> Speak with an Alexander Hall specialist today for free expert guidance and access to the most competitive rates on the market.
<p style="margin-left: 25px">2.	<b>Find your next property:</b> <a href='https://www.foxtons.co.uk/myfoxtons/applicants' target='_blank'>Sign up to My Foxtons</a> to tell us what you're looking for – we'll let you know the moment we find it. And if you're selling too, book a valuation to see what your current property could achieve in today's energised market.

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<a href="https://www.alexanderhall.co.uk/contact" class="cta-button cta-button-secondary">Book a free consultation with Alexander Hall</a>



<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Get a Foxtons valuation</a></center>
<br><hr><br>
<div style="background: #00000; 
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   <p><p><b>Source:</b> This article has been reviewed and edited by Foxtons Sales department and Alexander Hall mortgage advisers. The information has all been carefully reviewed to ensure you have the most reliable insight on a complex market, exactly when you need it. If you have any questions about the article, <a href='mailto:experts@foxtons.co.uk?subject=Low-deposit%20mortgages%20article' target='_blank'>ask a Foxtons expert</a>.</div>




keys-to-the-door

<h2 class='intro_basic'>As London's number 1 estate agency brand*, Foxtons has the buyers, technology and expertise to sell your home quickly.</h2>
<p><small><small>*Source: TwentyCI data, 2024 v 2023 market share and market share growth of new instructions at a brand level.
</small></small></p>
<p>In the wider market, buyers might slow their pace now that stamp duty has returned to normal rates. But at Foxtons, we're confident we can get it done on your timeline. We are well prepared to get sales across the line this spring, and our pipeline of buyers remains strong. 

<p>At the same time, lenders are not sitting back and waiting for the mortgage market. They understand the need to incentivise buyers now that stamp duty is back, and they're coming out with innovative products to do just that (read: <a href='https://www.foxtons.co.uk/discover/2025/04/the-rise-of-lowdeposit-mortgages-opportunities-at-17year-high' target='_blank'>Low-deposit mortgage options are at a 17 year high</a>).

<p>But if you want a sale with real momentum this spring, there are things you can do too. We asked our sales team to provide their best recommendations for a quick sale, so here's what they recommend:


<div id='news_list_holder'><div class='news_list'>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/keys-to-the-door/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div><p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>1. Bring us a set of keys straight away.</h3>
<p>Your instruction signals our local teams to start ringing their registered buyers. So, if our local office has keys, we can book in viewings fast – as soon after you instruct as you’re ready for.</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/conveyancing/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div><p><small><a href='https://unsplash.com/photos/man-writing-on-paper-OQMZwNd3ThU' target='_blank'>Photo</a> by <a href='https://unsplash.com/@amstram' target='_blank'>Scott Graham</a> | <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></small></p>
<h3>2.	Get your solicitor sorted early doors. </h3>
<p>Being sale-ready means having all your paperwork in order before you find a buyer. <a href='https://www.foxtons.co.uk/sell/conveyancing' target='_blank'>Conveyan</a>, our panel of recommended solicitors, can ensure contracts are sent out the day you accept an offer.</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2024/05/buy-home-in-london/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div> <p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>3.	Make that first impression count. </h3>
<p>Most buyers first spot your home online – our brilliant in-house photographers will capture your property looking its absolute best. You can help rake in the viewing requests by making sure your home is as tidy and clutter-free as possible for those pictures.  
<p>Then, keep everything clean and tidy for viewings, and buyers will be able to see more clearly what your home offers.
</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/paint-rooms/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div> <p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>4.	Present a clean, bright space.</h3>
<p>When you're looking for a quick sale, it's not the time to get architects involved. Big renovations take time, but a simple fresh coat of paint and thorough spring cleaning works wonders. Open curtains to maximise natural light.</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/london-network-of-buyers/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div> <p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>5. Tap into our London-wide network</h3>
<p><b>To sell quickly, you’ll want to be sure you have as large a buyer pool as you can.</b> 
<p>If your agent is just looking for buyers who’ve registered their search in the local area, they’re missing an entire demographic. Foxtons agents can show properties anywhere – not just in their assigned patch – and are skilled at introducing renters to areas of London they’ll love. 
<p>So, using the latest market data from our entire network, we factor demand from across London into your pricing strategy. It’s why you’ll get more out of a Foxtons valuation.
<p><b>Thinking outside the postcode. That’s how we get it done.</b></p></p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/viewings-hours/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div><p><small><a href='https://unsplash.com/photos/person-looking-at-silver-colored-analog-watch-otjiUhq5Zcw' target='_blank'>Photo</a> by <a href='https://unsplash.com/@andrea_natali' target='_blank'>Andrea Natali</a> | <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></small></p>
<h3>6. Be flexible with viewings.</h3>
<p>Another way to increase your buyer pool is to be flexible when it comes to viewings. <b>22% of Foxtons viewings happen outside regular hours</b> - so, you’ll get more buyer interest if you let your agent show properties in the evenings.</p></div>
</div>

<div class="news_list_item">
<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2024/03/auction1/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a> 
<div><p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>7. We get it done <i>fast</i></h3>
<p>If you need an even faster sale, try Foxtons hybrid auctions. Yes, these are auctions, but not as you know them. No auction houses, no secret bids – Foxtons Auctions are carefully organised to be transparent and user-friendly, specifically designed for the typical London homeowner to succeed. 
<p>And the best part? Our average time is 71 days – <b>that’s less than 2 months from listing to exchange</b>.*</p></div>
</div>

</div></div>


<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2023/11/why-to-choose-foxtons-for-your-property-valuation' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2023/11/fsp-2/720.jpg' alt=''></a><p><small>See <a href='https://www.foxtons.co.uk/' target='_blank'>why to choose Foxtons for your property valuation</a>
</blockquote>
<p><big><font color= "#017163">The #1 tip for a quick sale?</p></big>

<p>What's the very best thing you can do to achieve a quick sale this spring? Book a Foxtons valuation now. <b>London's number 1 estate agency</b> will build you the best strategy based on yours and the surrounding local markets, your goals and your timeline:
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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Book a valuation</a>

<a href="tel:020 7893 6300" class="cta-button cta-button-secondary">
  
 &#x1f4f1; Call 020 7893 6300</a>

</center>
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   <p><p><b>Source:</b> Foxtons Sales department have reviewed and edited this article to ensure you have the best advice to  get your property sold quickly. If you have any questions on this article, <a href='mailto:experts@foxtons.co.uk?subject=Foxtons%20Quick%20Sale%20Article' target='_blank'>send us an email</a>. 
</div>


management-pack-for-leasehold-property

<h2 class='intro_basic'>Selling a leasehold property comes with a few extra steps. Don't worry – we'll walk you through the management pack process, making it simple and stress-free.</h2>

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<div class="toc-container">
    <div class="toc-title">Jump to:</div>
    <ul class="toc-list">
        <li class="toc-item">
            <a href="#what-is-leasehold" class="toc-link">What is a leasehold property?</a>
        </li>        
        <li class="toc-item">
            <a href="#who-manages" class="toc-link">Who manages my leasehold?</a>
        </li>
        <li class="toc-item">
            <a href="#request-pack" class="toc-link">How do I request a management pack?</a>
        </li>
        <li class="toc-item">
            <a href="#when" class="toc-link">When do I need to get the management pack?</a>
        </li>
        <li class="toc-item">
            <a href="#cost" class="toc-link">How much does it cost? Who pays?</a>
        </li>
        <li class="toc-item">
            <a href="#timeline" class="toc-link">How long does it take to get a management pack?</a>
        </li>
        <li class="toc-item">
            <a href="#expiration" class="toc-link">When does it expire?</a>
        </li>
        <li class="toc-item">
            <a href="#what-to-do" class="toc-link">What do I do with a management pack?</a>
        </li>
        <li class="toc-item">
            <a href="#legal-requirement" class="toc-link">Is it a legal requirement?</a>
        </li>
        <li class="toc-item">
            <a href="#buyer-request" class="toc-link">Can my buyer request it themselves?</a>
        </li>
    </ul>
</div> 


<a id="what-is-leasehold"><h3>What is a leasehold property?</h3>
<p>First things first, let's clarify what makes a property leasehold. These distinctions are important when it comes to selling your property:</h5>


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        <div class="header-cell freehold-header"><center><big>&#x1f3e1;</big></center>Freehold</div>
        <div class="space-cell"></div>
        <div class="header-cell leasehold-header"><center><big>&#x1f3e2;</big></center>Leasehold</div>
       <div class="space-cell"></div> <div class="header-cell share-freehold-header"><center><big>&#x1f91d;</big></center>Share of Freehold</div>
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        <div class="row-label">Who owns the property?</div>
        <div class="space-cell"></div> 
        <div class="content-cell freehold-cell">You own the property, the land it sits on and space above it</div>
        <div class="space-cell"></div><div class="content-cell leasehold-cell">You own the property for a fixed period, the freeholder owns the land and building</div>
       <div class="space-cell"></div> <div class="content-cell share-freehold-cell">You own the property and co-own the building</div>
      </div>
      
      
      <div class="row">
        <div class="row-label shaded">What bills do I pay?</div>
        <div class="space-cell"></div>
        <div class="content-cell freehold-cell shaded">No ground rent or service charge</div>
        <div class="space-cell"></div><div class="content-cell leasehold-cell shaded">Typically ground rent, service charge and maintenance fees</div>
       <div class="space-cell"></div> <div class="content-cell share-freehold-cell shaded">You typically pay service charge for maintenance of communal areas and building</div>
      </div>
      
      
      <div class="row">
        <div class="row-label">Who is responsible for building maintenance?</div> 
        <div class="space-cell"></div>
        <div class="content-cell freehold-cell">You are responsible for all maintenance</div>
        <div class="space-cell"></div><div class="content-cell leasehold-cell">The freeholder or managing agent they've hired</div>
        <div class="space-cell"></div><div class="content-cell share-freehold-cell">The collective homeowners, or the management company you've hired</div>
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      <div class="row">
        <div class="row-label shaded">Typically applies to</div>
        <div class="space-cell"></div>
        <div class="content-cell freehold-cell shaded">Houses</div>
        <div class="space-cell"></div><div class="content-cell leasehold-cell shaded">Apartments</div>
       <div class="space-cell"></div> <div class="content-cell share-freehold-cell shaded">Split houses, Maisonettes</div>
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<p style="text-align: right"><small>Read the full article: <a href='https://www.foxtons.co.uk/discover/2022/09/leasehold-vs-freehold-the-differences-and-what-to-consider' target='_blank'>Leasehold, freehold and commonhold</a></small></p>





<a id="who-manages"></a><h3>Who manages my leasehold property?</h3>

<p>Management can vary. Sometimes the freeholder handles things directly, other times they use a managing agent, and the council act as managing agent for some buildings. You can track down the details through:
<p style="margin-left: 25px"> &#x2022 Your original management pack
<p style="margin-left: 25px"> &#x2022 Your lease document
<p style="margin-left: 25px"> &#x2022 HM Land Registry website
<p style="margin-left: 25px"> &#x2022 The bill for your service charge

<a id="request-pack"></a><h3>How do I request a Management Pack?</h3>
<p>Your solicitor will request the management pack. Pro tip: the earlier you start, the smoother the process.

<a id="when"></a><h3>When do I need to get the Management Pack?</h3> 
<p>The earlier you get the management pack in motion, the better. These packs can take time to compile, and the last thing you want is paperwork slowing down your property sale.

<p>Our top tip? Hire your solicitor and start gathering your documents while we're conducting viewings and finding your buyer. Our Conveyan panel solicitors work on a no sale, no legal fee basis, making it a risk-free move to get ahead.

<P>You accept an offer, and your solicitor sends over the contract that same day. Conveyan provides a Sale-Ready Pack that can ensure you're fully prepared, cutting through delays and getting you moving faster. It makes the most complex stage of selling property so much simpler – you’ll thank yourself later.
Explore Conveyan


<a id="cost"></a><h3>How much does a management pack cost? Who pays it?</h3>
<p style="margin-left: 25px"> &#x2022 Cost: £200 to £500 
<p style="margin-left: 25px"> &#x2022 Paid by: The seller (that's you) 
<p style="margin-left: 25px"> &#x2022 Best practice: Pay quickly to avoid delays

<a id="timeline"></a><h3>How long does it take to get a leasehold management pack?</h3> 
<p>Typical turnaround is up to six weeks, depending on the management company's organisation and workload. This is why we recommend:
<p style="margin-left: 25px"> &#x2022 Hiring a solicitor early
<p style="margin-left: 25px"> &#x2022 Starting paperwork during property viewings
<p style="margin-left: 25px"> &#x2022 Preparing your Sale-Ready Pack in advance


<a id="expiration"></a><h3>When does a management pack expire?</h3> 
<p>Management packs typically expire after six months. After this point, the information will need to be updated.


<a id="what-to-do"></a><h3>What do you do with the management pack?</h3> 
<p>It’s your solicitor who deals with your management pack, so it’s a good idea to keep your solicitor in the loop on any communications you have with the managing agent or freeholder.


<a id="legal-requirement"></a><h3>Is the management pack a legal requirement?</h3>  
<p>While not technically mandatory, the information is crucial for due diligence and compliance. Buyers and their solicitors won't likely proceed without it.


<a id="buyer-request"></a><h3>Can your buyer request the management pack themselves?</h3>  
<p>No. Only you or your solicitor can receive the management pack from the freeholder or managing agent.


<h3>What is in a management pack?</h3>  
<p>Your pack will be specific to your property includes crucial details like:
<p style="margin-left: 25px"> &#x2022 Management contact information
<p style="margin-left: 25px"> &#x2022 Service charge forecasts and accounts
<p style="margin-left: 25px"> &#x2022 Ground rent
<p style="margin-left: 25px"> &#x2022 Building insurance
<p style="margin-left: 25px"> &#x2022 Fire risk and asbestos reports
<p style="margin-left: 25px"> &#x2022 Planned maintenance works
<p style="margin-left: 25px"> &#x2022 Relevant certifications
 

<figure>
<a href='https://www.foxtons.co.uk/valuations' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/sell-a-leasehold-property/720.jpg' alt='Sell a leasehold property'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>Choose Foxtons to sell your leasehold property</h3> 
<p>As London’s number 1 estate agency brand,<small><sup>1</sup></small> we sell a lot of leasehold properties, so our teams know exactly how to navigate any complexities. Honestly, go ahead and ask them anything! 
<p>If you have a leasehold to sell, start with a valuation by one of our experienced Valuers. They will walk you through the process, answer any questions and make you a custom strategy for selling your property in today’s market: 

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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Book a valuation</a></center>
<small><p><sup><small>1</small></sup> Source: TwentyCI data, 2023 v 2022 market share and market share growth of new instructions at a brand level.</small>


<h5>More insight for leaseholders:</h5>
<p style="margin-left: 25px"> &#x2022 <a href='https://www.foxtons.co.uk/' target='_blank'>What the government ban on leaseholds could mean for you</a> 
<p style="margin-left: 25px"> &#x2022 <a href='https://www.foxtons.co.uk/' target='_blank'>Top tips: juggling your house sale and onward move</a>
<p style="margin-left: 25px"> &#x2022 <a href='https://www.foxtons.co.uk/' target='_blank'>‘Wash up’ round up: Leasehold Reform</a> 
<p style="margin-left: 25px"> &#x2022 <a href='https://www.foxtons.co.uk/' target='_blank'>Is now the time? Expert insight on housing affordability in 2025</a>

<br><hr><br>
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   <p><p><b>Source:</b> This article was reviewed by Foxtons Sales department and Conveyan – both departments have a long history of getting it done for London’s leasehold property owners. Book a valuation and we can get it done for you too. If you have questions on this article, <a href='mailto:experts@foxtons.co.uk?subject=Management%20Pack%20Article' target='_blank'>ask a Foxtons expert</a>.  </div>

properties-near-london-parks

<h2 class='intro_basic'>As we head into spring and Londoners flock to parks across the city, we're looking at what park-side living means for property buyers and sellers.</h2>

<p>The sunshine has transformed London today. Whether you're enjoying lunch on a local Common or drinks at a riverside pub, days like this showcase why homes near parks command such premium prices. 

<p>Is it worth booking a viewing? Getting your park-adjacent home valued? Here’s what our experts have to say…



<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/03/new-build-development-park/720.jpg' alt='home by a park'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>Expert insight: the park premium </h3>
<p>For this, we look to a local expert. William Cooke, Operations Director – Sales in Foxtons Battersea office, shares his experience with property near Battersea Park:

<p style="margin-left: 25px">"Living near London's parks commands significant price premiums, we even shared some research showing properties adjacent to premier parks priced 53% higher than the broader market. Battersea Park boasts the second-highest premium in the capital, with homes across SW11, SW3, and SW8 averaging £927,098—50% higher than wider Wandsworth.<sup>1</sup>

<p style="margin-left: 25px">I can tell you from experience that homes near Battersea Park are remarkably sought-after. They rarely linger on the market – we often have multiple viewings scheduled within days of listing, and competitive offers follow quickly.

<p style="margin-left: 25px">As a seller, this means you can expect strong interest and potentially favourable selling conditions. We're constantly on the lookout for new properties in this area to meet the persistent demand from our qualified buyers.

<p style="margin-left: 25px">For buyers, these spring days truly showcase what makes Battersea special - families enjoying picnics by the lake, joggers on tree-lined paths, and residents savouring the peaceful green space in urban London. When you purchase here, you're not just buying a home but investing in a lifestyle and a historically resilient asset.” 

<p><small><sup>1</sup> Source: Foxtons research - available in <a href='https://propertyindustryeye.com/london-parks-push-up-house-prices-by-over-50' target='_blank'>Property Industry Eye</a></small>

<h3>The green city</h3>
<p>With nearly 3,000 parks across London (<a href='https://www.london.gov.uk/programmes-strategies/environment-and-climate-change/parks-green-spaces-and-biodiversity/parks-and-green-spaces#:~:text=London%20is%20a%20surprisingly%20green,reservoirs%2C%20and%20riversides%20to%20explore.' target='_blank'>source</a>), this 'park premium' extends well beyond Battersea. From the vast expanses of Richmond Park to the manicured gardens of Regent's Park and the community feel of all our amazing local Commons, proximity to green space consistently boosts property values.

<p>At Foxtons, our local experts can provide tailored insights for your specific area – whether you're selling near Greenwich Park, buying close to Hampstead Heath, or exploring options around Victoria Park. We understand the nuances of each local market and can help you maximize your property's park proximity value or find the perfect green space home that meets your lifestyle needs.

<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/03/central-london-park-home/720.jpg' alt='London roof terrace property'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>The sunnier side of London living</h3>
<p>Searching for that perfect south-facing garden flat? Wondering what your Holland Park property is worth in today's market? With spring arriving, it's the ideal time to explore London homes, and our local expertise can help you spring into action:

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Browse homes on the market</a>

</center>


<br><hr><br>
<div style="background: #00000; 
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   <p><p><b>Source:</b> This article uses local knowledge from one of our Operations Directors, as well as Foxtons own data on <a href='https://propertyindustryeye.com/london-parks-push-up-house-prices-by-over-50/' target='_blank'>property premiums around parks</a>. With it, we aim to give a snapshot of the opportunities around the kinds of homes we’re all dreaming of on these lovely, sunny days. If you have any questions on the article, <a href='mailto:experts@foxtons.co.uk?subject=London%20Parks%20Article' target='_blank'>ask a Foxtons expert</a>.</div>



Landlords

Legislation

property-adverts

<h2 class='intro_basic'>April will bring some new rules around property listings. There isn't anything major changing, but your property advert might need to contain a little more information going forwards. In the article below, Foxtons Director of Legal & Compliance, Manjit Kataora will walk you through it. </h2>


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  <h5><big>Key Takeaways</big></h5>
  <p class="takeaways-subtitle">Click a number to jump to that topic in the article.</p>
  
  <ul class="takeaways-list">
    <li class="takeaway-item">
      <a href="#section1" class="jump-link"><span class="takeaway-item-number">1</span></a>
      <span class="takeaway-item-highlight">New law, similar rules.</span>
      <span class="takeaway-item-content"> The Consumer Protection regulations are changing in April, but the basic requirements for a property listing remain largely the same.</span>
    </li>
    
    <li class="takeaway-item">
      <a href="#section2" class="jump-link"><span class="takeaway-item-number">2</span></a>
      <span class="takeaway-item-highlight">Complete transparency matters.</span>
      <span class="takeaway-item-content"> Listings must include all material information that could affect a buyer's decision, with even innocent omissions potentially breaching regulations.</span>
    </li>
    
    <li class="takeaway-item">
      <a href="#section3" class="jump-link"><span class="takeaway-item-number">3</span></a>
      <span class="takeaway-item-highlight">Legal details now upfront.</span>
      <span class="takeaway-item-content"> Information traditionally handled during conveyancing (like restrictive covenants) must now be included in the initial listing.</span>
    </li>
    
    <li class="takeaway-item">
      <a href="#section4" class="jump-link"><span class="takeaway-item-number">4</span></a>
      <span class="takeaway-item-highlight">Smoother transactions.</span>
      <span class="takeaway-item-content"> These changes are designed to make buying and selling more transparent, though solicitors will still conduct their own due diligence.</span>
    </li>
    
    <li class="takeaway-item">
      <a href="#section5" class="jump-link"><span class="takeaway-item-number">5</span></a>
      <span class="takeaway-item-highlight">We handle the complexity.</span>
      <span class="takeaway-item-content">Our agency will manage the technical legal requirements on your behalf, ensuring your listing complies.</span>
    </li>
  </ul>
</div>

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<a id="section1"></a>
<p>The law in relation to material information and misdescription is currently contained in the Consumer Protection from Unfair Trading Regulations 2008 (CPRs). However, in April this year, these are set to be revoked and replaced with Part 4 of the Digital Markets, Competition and Consumers Act 2024.

<a id="section2"></a>
<p>The CPRs have long regulated property listings and descriptions. They include omissions and misstatements that adversely affect the ‘transactional decision’ of the average consumer. A breach of the CPRs is what is known as a ‘strict liability’ offence. This is a special type of liability whereby an offence is committed regardless of whether the agent intended to commit one or not. What this means is that innocent mistakes are punishable in the same way as intentional or reckless ones.

<p>There is not a huge amount of difference between the new requirements and the existing CPRs. Fundamentally, the law will still prohibit what it terms ‘unfair commercial practices’. However, read literally at least, the new act carries a broader definition of this term in so far as this will now include omitting material information from an invitation to purchase.

<a id="section3"></a>
<p>This doesn’t seem that significant until one considers that the meaning of invitation to purchase generally means an advert selling (and describing) something. A property listing, for example, is an invitation to purchase. This new element then means that anything that contravenes the requirements of due diligence or leaves out material information from the advert could be upheld as an unfair commercial practice. Put simply, things still have to be described very accurately and fully.

<p>In November 2023, National Trading Standards published updated guidance on material information requirements for sales and lettings. The requirements contain in-depth and technical information about elements of a property that, in fact, few owners or leaseholders could necessarily be expected to know. For example, details about restrictive covenants or easements over the property. 

<p>Traditionally, these have been matters of title that are explored and clarified during the conveyancing stage of a property transaction by the purchaser’s solicitor. They are not matters that can readily be understood by the average lay vendor. This makes them difficult to accurately describe and insert into a property advertisement by agents who are not legally qualified, which creates a greater risk of misdescription.

<p>At the heart of all this is the theory that providing more detailed information within the property listing will make the process of buying and selling an easier and more transparent process for both sides. In one sense that is true: information a buyer can see early on is clearly a good idea.

<p>On the flip side, however, is that the information is legalistic (therefore difficult to understand) and descriptive. A buyer’s solicitor is unlikely to advise their client to rely on such information (generated as is by the vendor) and will instead likely commission their own searches on which they can more comfortably advise their client as to whether to proceed or not with the transaction.

<p>The proptech market has been quick to move into this area. Several companies now exist who can – impressively – collect this information for agents and load it into listings. Even so, not all the information can be collected because some things are known only to a vendor (or landlord).

<a id="section4"></a>
<p>And if the purpose of the whole process is to speed things up, can it really be said this will be achieved if naturally circumspect purchasers, owed no duty of care by the vendors or their agents, are best advised to run their usual searches (at cost) anyway?

<p>At best, there’s likely to be a duplication of information. Buyers will likely still engage their own solicitors to advise them about the property and be naturally reticent to rely on information provided by a vendor or the vendor’s agent.

<p>The guidance is just that: guidance. And the new law arguably doesn’t change that much when you consider that the CPRs apply to property listings. So the changes may mean relatively little right now, but it remains to be seen how they will be interpreted by the courts, who are the ultimate arbiters in cases of dispute.

<a id="section5"></a>
<hr>
<h3>Your listing, sorted.</h3>
<p>When it comes time to set up a new property advert, our experienced Lettings team will ensure you've got everything correct and compliant from the start. Get started with a rental valuation. Or, if you want help with an existing tenancy, look into Foxtons Property Management.
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</center>

<br><hr><br>
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   <p><p><b>Source:</b>  This piece was authored by Foxtons Director – Legal & Compliance, Manjit Kataora, who has been working with Foxtons on the intricacies of legislation affecting London landlords for more than 16 years. If you have a question on letting your property in London, <a href='mailto:experts@foxtons.co.uk?subject=Property%20Listing%20Descriptions%20Article' target='_blank'>ask a Foxtons expert</a></div>


leasehold-london

<h2 class='intro_basic'>Big news for homebuyers - the government has just released plans to ban new leaseholds. This means future new-build flats will be sold as commonhold instead. This change could make the jump to homeownership easier for many people.</h2>



<h3>What does leasehold actually mean?</h3>
<p>Let’s start with a quick refresher on the terms: </p>


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<div class="icon-header"><center>&#x1f3e1;</center></div><br>
        <strong>Freehold (usually houses)</strong>
        <p>•	You own the property AND the land forever</p>
<p>•	You handle all repairs</p>        
<p>•	No lease to worry about</p>
      </div>
<div class="term homeownership">
<div class="icon-header"><center>&#x1f3e2;</center></div><br>
        <strong>Leasehold (usually flats)</strong>
        <p>•	You own the property for a fixed time period</p>
<p>•	Someone else (the freeholder) owns the land and building</p>        
<p>•	The freeholder handles major repairs</p>
        <p>•	You pay ground rent and service charges</p>
      </div>
      <div class="term incoming">
<div class="icon-header"><center>&#x1f91d;</center></div><br>
        <strong>Commonhold (new route for new-builds)</strong>
        <p>•	You own your property outright</p>
        <p>•	You get a say in building decisions</p>
        <p>•	You share responsibility for building management</p>
        <p>•	No ground rent or lease renewal worries</p>
      </div>
    </div><br><p style="text-align: right"><small>Read the full article: <a href='https://www.foxtons.co.uk/discover/2022/09/leasehold-vs-freehold-the-differences-and-what-to-consider' target='_blank'>Leasehold, freehold and commonhold</a></small></p>
  </div>

  
</div>
</body>
</html>

<h3>What leasehold reform means for you</h3>
<p><b>If you're buying:</b>
<p style="margin-left: 25px">&#x2022	More property options to consider
<p style="margin-left: 25px">&#x2022 Clearer understanding of what you own
<p style="margin-left: 25px">&#x2022 Potentially lower long-term costs
<p><b>If you're selling:</b>
<p style="margin-left: 25px">&#x2022 New selling points for your leasehold property
<p style="margin-left: 25px">&#x2022 Recent reforms make your property more attractive
<p style="margin-left: 25px">&#x2022 Potential buyers will have fewer concerns

<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/03/barbican-leasehold/720.jpg' alt='Barbican leasehold'>
<figcaption>Photo: <a href='https://unsplash.com/photos/a-view-of-a-city-from-a-balcony-B0p2BR1z504' target='_blank'>Barbican</a> by <a href='https://unsplash.com/@krowdeed' target='_blank'>Lawrence Krowdeed</a> - <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></figcaption>
</figure>


<h3>Changes brought by last year’s Leasehold Reform</h3>

<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2024/06/awash-upa-round-up-leasehold-reform-and-renters-reform#leasehold-reform' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2024/06/apartment-buildings-london/720.jpg' alt='Leasehold reform act'></a> <p><small>Read: <a href='https://www.foxtons.co.uk/discover/2024/06/awash-upa-round-up-leasehold-reform-and-renters-reform#leasehold-reform' target='_blank'>Leasehold Reform in the Conservative Party's 'Wash Up'</a></small></p>
</blockquote>

<P>This new ban could help buyers find their perfect leasehold home in London’s incredible new-build market. But, of course, there is the matter of existing leasehold property. 
<p>Last year, right before the Conservatives left office, they pushed through a number of bills. Leasehold Reform was one of them, which made some strides in the ownership of existing leasehold properties. 
<P>The roll out has been a little trickier. The new government have said that some aspects of the bill require further consultations and secondary regulations. So, here’s what has changed and what has yet to change: 

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  <div class="reform-card">
    <div class="card-header">No More 2-Year Wait</div>
    <div class="card-content">
      <div class="info-row">
      </div>
      <div class="info-row">
        <div class="label">Status:</div>
        <div class="value"><span class="active-status">Active since 31 January 2025</span></div>
      </div>
      <div class="info-row">
        <div class="label">What it means for you:</div>
        <div class="value">New owners can extend leases (or buy freehold) immediately – no need to wait 2 years.</div>
      </div>
    </div>
  </div>
  
  
  <div class="reform-card">
    <div class="card-header">Right to Manage</div>
    <div class="card-content">
      <div class="info-row">
        <div class="label">Status:</div>
        <div class="value"><span class="active-status">Active since 3 March 2025</span></div>
      </div>
      <div class="info-row">
        <div class="label">What it means for you:</div>
        <div class="value">More rights to manage property, and abolishes the presumption that leaseholders pay a freeholder's legal fees for RTM claims.</div>
      </div>
    </div>
  </div>
  
  
  <div class="reform-card">
    <div class="card-header">Clearer Service Charges</div>
    <div class="card-content">
      <div class="info-row">
        <div class="label">Status:</div>
        <div class="value"><span class="coming-status">Coming 2025/26</span></div>
      </div>
      <div class="info-row">
        <div class="label">What it means:</div>
        <div class="value">Easier to understand what you're paying for in terms of communal areas.</div>
      </div>
    </div>
  </div>
  
  
  <div class="reform-card">
    <div class="card-header">990-Year Leases</div>
    <div class="card-content">
      <div class="info-row">
        <div class="label">Status:</div>
        <div class="value"><span class="coming-status">Coming 2025/26</span></div>
      </div>
      <div class="info-row">
        <div class="label">What it means:</div>
        <div class="value">Leases could be extended for 990 years (instead of 90 years for flats and 50 years for houses)</div>
      </div>
    </div>
  </div>
  
  
  <div class="reform-card">
    <div class="card-header">Marriage Value Ban</div>
    <div class="card-content">
      <div class="info-row">
        <div class="label">Status:</div>
        <div class="value"><span class="coming-status">Coming 2025/26</span></div>
      </div>
      <div class="info-row">
        <div class="label">What it means:</div>
        <div class="value">When a short lease gets extended, the property value goes up. This 'marriage value' is currently split between the leaseholder and freeholder. New regulations means this would go fully to the leaseholder.</div>
      </div>
    </div>
  </div>
</div>





<h3>Still to come</h3>
<p>The biggest issue still to be ironed out is ground rents for <b>existing</b> properties. So far: 
<p style="margin-left: 25px">&#x2022	The <b>Leasehold Reform Act 2022</b> banned ground rents for most new residential property, but that does not apply to leases granted before 30 June 2022. 
<p style="margin-left: 25px">&#x2022 To pass the <b>2024 Leasehold Reform Act</b> quickly, the proposed cap on ground rent for existing property was scrapped. 
<p style="margin-left: 25px">&#x2022 This new <b>2025 Leasehold Ban</b> also wouldn’t address ground rent in existing leases, so there is still room for improvement. 
This is a complex bit of legislation to get through, but it would make a property into a more attractive listing, helping a lot of London’s homeowners move more quickly. 


<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/03/leasehold-london/720.jpg' alt='Leasehold in London'>
<figcaption>Photo by Foxtons Specialist Video & Photography Team</figcaption>
</figure>



<h3>Buying and selling leasehold <b>now</b>? We get it done</h3>
<p>You don't have to wait on legislation to achieve your goals – the opportunities are already out there. Whether you're buying or selling a leasehold property, our experts can guide you through the process.
<br>

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  &#x1f4f1; Call 020 7893 6300</a>

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</div> 

<br>

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   <p><p><b>Source:</b> This article about the <a href='https://www.gov.uk/government/news/beginning-of-the-end-for-the-feudal-leasehold-system' target='_blank'>Commonhold white paper</a> was reviewed and edited by Foxtons Sales department, ensuring you have the best information on on changes to leasehold legislation when you need it. If you have any questions on this article, <a href='mailto:experts@foxtons.co.uk?subject=Article%20on%20the%20Leasehold%20Ban' target='_blank'>ask a Foxtons expert</a>.</div>

## We value your privacy
We use necessary cookies to make our website work and we'd like to use other cookies to give you the most relevant experience.

Click “Accept all” to agree to all cookies, or for more options click on “Change Settings”. For more information see our [cookie policy](#Policies).

To make your experience visiting the Foxtons website as simple and convenient as possible we place small data files known as "cookies" on your computer. This practice is used by many websites.

Cookies are created when your browser loads the website. The website sends information to the browser which then creates a text file. Cookies are stored on your device for various periods of time, from as short time as the duration of your browsing session to several months.

Every time you come back to the website, the browser retrieves and sends cookies to the server, which helps to improve your experience of the website by:

- Remembering settings, so you don't have to re-enter them every time you visit
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- Measuring use of the website so that we can see where we can improve
- You can manage and/or delete these small files from your device, but please be aware that this will limit the functionality that we are able to offer to you.

WHAT ARE COOKIES?

Strictly necessary cookies allow you to log into your account and view account details without a need to log in again every time you navigate to subsequent page. These cannot be disabled.

foxtons_session - Stores information about whether you are logged in into your account or not.
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search - Stores your preferences as to how you prefer your results to be displayed i.e display 10 properties per page and price filter ‘from highest to lowest'.
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STRICTLY NECESSARY COOKIES

Functionality cookies allow the website to remember settings such as the screen size, which lets us serve the right content without overloading any network or device capacity.

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FUNCTIONALITY COOKIES

Performance cookies let us collect information about how the website is used. For example, we may record what pages are visited most. This data allows us to see where we could optimise the website and make it more efficient.

Foxtons:tbp, twp2, tws. tco, referrer Foxtons uses performance cookies to help understand how our visitors use the website and how we can improve our website.

We also host the following third-party solutions, which may set the following cookies:

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Crazyegg is a third-party optimisation solution which helps us to test, analyse and improve each user's experience on the website based on their online behaviour.

PERFORMANCE COOKIES

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# Property trends and Insight

Latest UK property news, trends, and legal updates for landlords, tenants, buyers, and sellers

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