The smallest town in Worcestershire may have a population of less than 3,000 people but there is still a lot to enjoy about Upton Upon Severn. This is an area that had a huge level of importance in ancient times due to its port and bridge, making it a key area for transport and travel, and while those halcyon days are no longer the case, this is still an area that has plenty to offer.
This is a very affordable museum that provides you with the chance to see what life was like in Tudor times. One of the best things about the museum is that it alternates its offerings on a regular basis so even people who have been before will have reasons to return time and time again.
Upton Upon Severn Primary School, located on School Lane, is the leading primary school in the local area. The school caters for children aged between 4 and 11 and has a roll of around 150 pupils.
The nearest secondary schools are Hanley Castle High School which is in Hanley Castle and is 1.4 miles from Upton Severn. There is Pull Court, which is an independent school located in Bushley, and this is 3.6 miles away. There is also Geraldine Road in Malvern, 5 miles from Upton Upon Severn.
There is a range of fantastic restaurants to choose from, serving up a broad selection of cuisine from around the world. Some of the more popular dining out venues in Upton Upon Severn include:
No matter the occasion, your budget or what you are in the mood for, there is a very good chance that you will appreciate what Upton Upon Severn has to offer with respect to dining.
Records from 1822 show that there were 17 taverns and coach inns in the local area, which was a good number for a population of just over 2,300 people. The volume of pubs and places to rest in Upton Upon Severn shows how busy and important a transport hub the area was in the 1800s. In the present day, there are less than 10 of these traditional venues left, but this is still more than enough to ensure the local population has a good level of choice to consider when looking to enjoy an evening out.
The area also hosts a number of major events over the course of the year and music lovers can appreciate a wide range of festivals and big shows. There is a jazz festival and a blues festival, both of these are held in the summer while in the spring, there is a folk festival. This provides a chance for local music lovers to enjoy new talent and established names on their own doorstep as opposed to having travel a considerable distance.
There is also a range of leisure cruises to enjoy on the River Severn so anyone looking to take life easy in the local area can do so.
First time buyers should know that obtaining a mortgage is a challenge but there is no reason to think this is an impossible task. If you’re looking to get on to the property ladder, this is a mortgage guide for first time buyers.
The deposit is hugely important when it comes to buying a home and the more money you can save in advance, the better your chances of getting a good mortgage will be. The bigger the deposit you have, the smaller the mortgage you need to have. This means a lender will be more likely to provide you with a mortgage and that the mortgage will be at a more attractive rate of APR.
The importance of the deposit cannot be overstated and it is vital that you do whatever you can to improve the size of your deposit. There is assistance available with the Government’s Help To Buy ISA scheme where you can receive up to £3,000 (per person) from the Government to add to your deposit.
Another factor that is vital in obtaining the best possible mortgage is your credit score. Lenders will review your financial history and your credit rating, and they will offer you an APR that is based on your credit score. Therefore, it makes sense to ensure your credit score is as appealing as possible.
There are steps you can take to improve your credit score, and this is something you need to do before you look for a mortgage. Steps like paying off debt, making sure your current home address is on the electoral register and not applying for credit just prior to applying for a mortgage will all be of benefit to you when applying for a mortgage.
You need to be aware that there are many different mortgages to choose from, so don’t accept the first option or only listen to one person. Different lenders have different rates for different applicants and it may be that one lender or one style of mortgage may fit your needs perfectly. If this is the case, you need to speak to as many people as possible to enhance your chances of finding the ideal mortgage.
When it comes to finding the mortgage that is right for you, you need to consider a fixed rate mortgage, a tracker rate mortgage and a variable rate mortgage.
As the name suggests, this style of mortgage has a fixed rate of interest for a set period of time (which could be anything between two and five years). This is good for people who want to know what they will pay each month or who have no leeway when it comes to their finances.
Be aware that the starting rate for a fixed rate mortgage is likely to be slightly higher than with other mortgage types and there is the fact that when the fixed rate mortgage period ends, the mortgage will change to a higher rate. Your own financial circumstances and opinion on what interest rates are likely to do in the next few years will impact on whether you think a fixed rate mortgage is best for you, but it is a popular type of mortgage.
This is a mortgage where you are provided with a starting rate of interest and this will change in line with the base rate of the Bank of England. If the base rate rises, so does your mortgage and if the base rate falls, so will your mortgage. If you believe that base rates will fall, this is a mortgage that could be the best for you as it would save you money in the longer term.
While variable rate mortgages are commonly the cheapest mortgage, the level of uncertainty with these mortgages is the highest. This is because in addition to fluctuating with respect to the interest rate, these mortgages can vary depending on the discretion of the lender, which means that they can rise or fall more than a tracker rate. As the lending company is likely to make a commercial decision, it is not always likely they will move the rate in your favour, hence why this can be a more expensive option than a variable rate mortgage.
If you think that the cost of your mortgage and then the size of your monthly payments is all you have to worry about with respect to obtaining a mortgage, think again. This is because there are a lot of costs involved with buying a home and then there are a lot of costs that have to be met on a monthly basis.
You should consider aspects like stamp duty, solicitor fees, survey costs when looking at how much money you need to have spare when you conclude a property deal. You also need to think about costs like rates, heating bills, food, phone and broadband and other expenses you have to deal with on a monthly basis. Buying a home is expensive and then living in the home while meeting your mortgage payments is expensive, so make sure you know how much money you need to have.
Upton Upon Severn has a unique claim to fame in that it has been recognised as the smallest town in the county of Worcestershire. The census of 2011 stated the population stood at 2,881 and at just 5 miles from Malvern, there is a lot to be said for life on the west bank of the Severn.
It may not be an area of ‘hustle and bustle’ but there is demand for property in the local area. This includes tenants looking for a property to rent and investment opportunities available for landlords who are looking to add to their portfolio.
When looking at property investments, it is important to consider rental yields because this is the platform for deciding whether an area is of interest or merit to a landlord.
The expected rental yield for the WR8 postcode area, which covers Upton upon Severn, Hanley Castle and Hanley Swan offers an expected rental yield of 5.92% for a one bedroom property and a return of 4.47% for a two bed. There is an expected return of 3.42% for three bedrooms and a four-bedroom property offers an expected return of 2.99%. A five bedroom property in the WR8 postcode area offers an expected return of 3.32%.
The WR13 postcode area covers areas like Colwall, Cradley and Welland. A one-bedroom property in this area is expected to provide a yield of 5.03%. Two bedroom properties are expected to provide a rental yield of 4.83%. (Three bedrooms at 3.26%, four bedroom properties at 3.11% and there is an expected return of 3.94% for a five-bedroom property)
The WR14 postcode area covers Malvern, the town with a population of around 30,000 people. Seen by many as the heart of West Worcester and Malvern Hills, there are rental opportunities in this area too. The expected rental yield of a one bedroom property is 4.54% while a two bedroom property in the area should return a 4.23% rental yield. A three bedroom property should offer a 3.81% rental yield while a four bedroom property can provide a 3.12% rental yield. The expected rental yield for a five bedroom property in WR14 is 3.81%.
As can be seen from these areas, the most attractive option with respect to rental yields is a one or two bedroom properties in Upton upon Severn. This is something that a landlord should have in mind if they are looking for a rental opportunity in the local area. There are many factors to take on board, including the availability of property to buy to let out, but the level of demand and the potential return on offer from an investment of this nature suggests that buying property to let in Upton upon Severn is a smart move.
While spring is the ideal time to work in your garden, if you want to make the most of the good weather, it makes sense to prepare now, just before spring in upon us. It is advisable to carry out some prep work at the end of winter and here are 5 ways to get your garden ready for spring:
Winter weather can be depressing but it can also have a huge impact on the condition and cleanliness of your garden. Before you get stuck into spring-based activities, take the time to review your garden and make sure that everything is clean and tidy.
You may need to remove debris such as leaves or broken tree branches, and the sooner you start on removing weeds, the better. It is also smart to take the time to prune trees and branches at this time of year.
Before you start working in the garden, you should review the condition of your garden tools. If they have been sitting unused over winter, you may find that your tools need a clean and some even may need replacing. Reviewing these tools before you start working in your garden will prevent you from being halted, when looking to build some momentum.
Before you start planting, you should turn the soil over, ensure it is raked out and then clear away any weeds or mess. You should then add compost to the soil, and you should do this a few weeks before you plan to plant anything in order to allow the compost time to mix with the soil.
If you want to achieve great results, it makes sense to focus on growing plants or vegetables that are best suited to this time of year and your type of soil. There is no need to rewrite the rule-book when caring for your garden, follow the advice and guidance of experts who have considerable experience in this line of work.
If you’re looking to plant vegetables that are perfect for spring, you should consider:
All of these vegetables can enhance the look of your garden while ensuring you have some food to add to your table. Whether you want to be more self-sufficient or you like the idea of growing something of your own that has a big impact, now is the time to take action.
Make sure your soil is ready for planting. Take a moment to re-read the previous point to maximise your output.
While some people see gardening as an enjoyable and fun activity, there is a lot to be said for taking the process seriously. This means you should create a plan of what you want to see in your garden and then you should stick to this plan. This may sound too regimented for some people but by having order in your gardening it work will help you to achieve better results.
If you’re looking to make the most of your garden in spring, these tips will help you to get your garden ready for spring.
Just the other day, we were on our way to see some family in our dirty car and it got us thinking. Many years ago we noticed that more and more people were using new drive through car washes at the nearest petrol garage because this saved you time. This also meant that you didn’t have to do it yourself and get your hands wet.
Here at Roberts & Egan we pride ourselves in taking the time to ensure we are providing the best possible service to our clients. Our main objective is to ensure that everything is just right from the start. So, whether it is the photography, producing quality details or even producing a high quality brochure we want to make sure that we live up to our reputation. A little bit like the car wash as we mentioned a few moments ago, now people tend to use a hand car washing service so it just goes to show that the traditional methods are often the best.
Whilst we may not be experts in washing your car, we are sure to be the experts in selling and letting property in Upton upon Severn, Malvern and the surrounding areas.
If you need any advice, do not hesitate to get in touch with our team or drop in and see us at 1 The Cross, Upton upon Severn. www.robertsandegan.co.uk
How would you like to be in with a chance of winning an Easter Hamper with Roberts & Egan?
To enter, please like our Facebook page and comment on one of our competition posts and tag two people who you think would like to win this prize. You can also enter by following us on Twitter and Retweeting the competition post.
The competition will run until Wednesday 12th April 2017 at 6pm and there are also 4 runners up prizes available too.
Terms & Conditions
The last 12 months have been a difficult time in the lettings industry with many changes for agents and landlords to contend with however, demand has still been strong and many investment buyers still see property as the right way to go.
Even with the changes in the last 12 months, it is still possible to be a successful landlord in 2017 but it is vital that you’re in touch with the latest regulations surrounding the market.
Just over 12 months ago, but still very relevant to many landlords, the Right To Rent Scheme began after a trial period which ran in 2015. The scheme required landlords to ascertain that their tenants held a legal right to live in the United Kingdom. Landlords are required to see documented evidence that a tenant fully complies with the Immigration Act of 2014. Any landlord that doesn’t meet with these requirements or has tenants staying with him who don’t have a legal right to stay in the United Kingdom could face a penalty of up to £3,000 for every tenant.
If a tenant makes a reasonable request relating to an energy efficiency upgrade, a landlord is no longer able to refuse it. Many landlords are also making changes to their property in light of a legislation that will come into effect in 2018. This sees a new minimum EPC standard being set for rental property and property for lettings should have a value of at least an E. Any landlord that fails to comply with this rating can face a fine of up to £4,000.
The biggest change in the last 12 months for landlords is still the stamp duty change which occurred in 2016. Anyone buying an additional property, valued at over £40,000, was required to pay an additional 3% in stamp duty. There was a spike in sales in Q1 of 2016 as landlords and investors sought to buy property at a more affordable rate but then there was a dip in Q2 as many investors had completed their portfolio.
It used to be that landlords could claim wear and tear on their furnishings every year but this is no longer the case. It is now only possible for landlords to claim tax relief when they have actually bought replacement furniture.
This change, which follows on from dividend tax changes in 2015 means that many of the perks and benefits that landlords enjoyed are no longer in place. This means that many landlords have been revaluating their tax situation and whether it makes sense for them to remain in the industry. This is something that each landlord has to assess for themselves but many landlords find that there is still an opportunity to be a success as a landlord.
The underlying factor remains that there is a massive demand for rental property across the UK, this has been the case for the past 12 months and it’s going to remain the case for many years to come. If some landlords decide to drop out of the market, this will create more opportunity for the professionals that continue in the industry.
The last 12 months have seen many changes occur in the lettings industry but there is still a strong opportunity for landlords to achieve success in the sector. If you are thinking of buying an investment property and would like some advice on the lettings market in the area, get in touch with our team today.