Latest News

We at Rainbow Estate Agents make an active effort to update and inform our customers with weekly updates surrounding the housing market and current affairs involving housing. This is in the aims to always provide a wholly transparent conversation to give our customers the best service avaliable.

Stamp Duty Holiday Announced

Rishi Sunak has announced that in order to kick-start the housing market, home-buyers will not pay stamp duty on homes under £500,000/ the first £500,000 of a property sale. This will save buyers as much as £15,000, if they are buying a property of £500,000 or more....

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60% of movers are pushing ahead with property plans

Following the re-opening of the housing market, Zoopla's Cities Index Report reported an 88% spike in housing demand, which was to be expected. This figure is 20% higher than at the start of March. However, there was a slight reduction in the annual growth rate from...

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Viewing properties safely

As the property market begins to find its new 'normal', we want to ensure that our clients and staff are taking the necessary steps to stay safe. Please do see our post below on the precautions that you can take, alongside this article for more in-depth information....

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Working remotely during lockdown

Complying with government social distancing rules are paramount during this time. We, like all businesses, are taking every precaution to ensure the safety of our staff and clients. This means that our high street office is now closed. However, we have have staff from...

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Highest proportion of younger buyers in a decade

The proportion of younger buyers has hit the highest rate in a decade, Property Industry Eye reports. The Ministry of Housing Communities and Local Government’s English Housing Survey for 2018-19 shows owner occupation hit 41.2% last year, up from 37.6% in 2017-18 for...

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New electrical safety rules from July 2020

RLA has announced that on all new tenancies from 1st July 2020, five-year safety checks will be mandatory for all landlords. The mandatory five-year safety checks will be rolled out to existing tenancies from April 2021, with failure to comply incurring a fine of up...

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UK house prices continue to rise

We are pleased to see that the housing market is looking strong as we move into 2020, According to Halifax data, house prices rose by 1.7% in December, pushing the annual increase to 4%. The Guardian states that this increase can be attributed to a number of factors,...

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Housing market to remain stable in 2020

Happy New Year! While the start of a new decade may bring uncertainty, Zoopla has predicted that the housing market will remain stable in 2020. Zoopla's UK Cities House Price Index predicts that UK city house price growth will hold at +3% over 2020. Additionally, the...

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GOLD from The British Property Awards 2019-2020

We are thrilled to announce that we have been awarded GOLD by the British Property Awards 2019-2020 for Letting Agents in our area. Following our Gold Award at The ESTAS in 2018, this award serves to demonstrate our commitment to continuing to strive for excellence...

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Brexit, Brexit and more Brexit!

The Independent reports Brexit as a major drag on the housing market (https://www.independent.co.uk/…/brexit-uk-house-prices-fall…) Rainbow says: “it seems as though all news points to Brexit! Unsurprisingly, Brexit has caused uncertainty which can lead to a hesitant...

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GOLD at the ESTAS!

We are thrilled to announce that we have won GOLD for Letting Agents (as voted by tenants) in the South East (Essex and Kent). We are honoured to have received such a prestigious award recognising excellency in our field. # To see the video, follow this link:...

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