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Buy To Let Lending Update

Despite turbulence caused by increased taxation and regulation, confidence in the Buy-to-Let sector is being shown by the banks as the number of BTL mortgage products available exceeds 2000 for the first time ever* (Source Moneyfacts). Just two years ago it stood at...

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Wimbledon

The thwack of tennis balls, the clink of a cup of tea and the slurp of a sucked strawberry are sounds that are synonymous with the perfect English summer – weather permitting of course. It seems that everyone in this area enjoys the Wimbledon season as a sporting...

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June Market Comment

The national housing market paints a picture of the “summer doldrums” with mortgage approvals for house purchases at their lowest this year and 23.3% below their long-term average. The Bank of England’s monetary policy committee has also been advised that, by the end...

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Time for You

Selling your property is easy. Just advertise it online and wait for the buyers to flock to your door!! If only! Sadly, too many estate agents rely on this approach, which inevitably results in disappointment. Indeed, in some respects, finding the buyer is actually...

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What property ladder?

During the boom years, if you were minded to move house you simply got on and did so! Any delay in moving up in a rising market could prove expensive as the property you were buying would inevitably have appreciated more in cash terms that the one you were selling....

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“Protecting your Rent…and your Investment”

One of the most important aspects to consider when choosing a letting agency is whether or not they subscribe to a Client Money Protection Scheme. There have been several examples of unscrupulous letting agents who have mysteriously closed holding many thousands of...

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“Tenants – Help us to help you!”

Letting agents love the challenge of helping you find your ideal home. Sometimes however, it can be more of a challenge than need be. So if you are looking to rent a property, here are a few guidelines that will really help us to help you: Turn up for viewings at the...

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May 2018 Market Report

This month’s market comment comes with a degree of optimism, but also with a gentle warning. But let’s get the bad news out of the way first. According to HMRC, UK residential property transaction volumes plummeted by 12.5% last month, down 2% on the year. This time...

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Bargain Hunt

There has been much speculation suggesting a potential decline in property prices and many buyers have been waiting to snap up a bargain. However our experience suggests that they will either have to make a move now, or just have to keep waiting! Bargains usually only...

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Clean is Good

According to the Tenancy Deposit Scheme (TDS), cleaning accounts for 56% of deposit disputes and there has recently been a sharp rise in the number of properties that require professional cleaning services at check-out. Pat Barber, Chair of the Association of...

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Safe Agent Awareness Week

Today marks the start of Safe Agent Awareness Week. The event runs from 21st – 25th May 2018 and is to raise awareness for Landlords and Tenants to ensure they use a Managing Agent who is registered with a recognised Client Money Protection Scheme. The law is changing...

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Holding the Sale Together

It is well documented that, nationally, around 30% of all sales arranged fail to reach a successful exchange of contracts. Fortunately, our success rate is better than this average! However, the sales cycle can be frustratingly slow and the longer the sale takes, the...

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Royal Wedding Good News for the Property Market!

We British love a royal wedding! The unifying effect of such an event as this weekend’s, in which millions of people are interested (ok, not everyone of course) usually generates a feelgood factor that spreads throughout the economy. This wedding is no different and...

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Tenant Decoration

Tenants often ask if their landlord will allow them to redecorate the property. On the surface, this is a reasonable question and should generally not send alarm bells ringing in the landlord’s ear. Firstly, if the tenant wishes to redecorate, this suggests that they...

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ARLA Propertymark Conference 2018

On the 17th April I attended the annual arla propertymark conference and exhibition alongside Branch Managers Hannah Stanbridge, Chloe Taylor and Charlotte Osborn. The event with 1200 attendees was opened with a keynote presentation from Parliamentary under-secretary...

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April 2018 Market Report

Historically, the fresh green leaves on the trees and the warmth of the welcome spring sunshine herald a spring in the step for the property market. And this year seems no different, despite its wobbly start! The fundamentals are certainly there to support an...

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Smarter Ways of Getting Your Price

One of estate agency’s fundamental tasks is to secure the highest price that an able purchaser will pay for your property in a given market. In an ideal world, we would have a hot-line to Camelot who would feed us with a regular supply of lottery winners prepared to...

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The Benefit of Indepencence

“Location, location, location” may be the cornerstone of wise property investment, yet many people are unaware of the importance of location in making the right choice of estate agent – whether buying or selling. Estate agency is an intensely local business. It is...

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Save Time by Helping Your Estate Agent

Buyers often waste an inordinate amount of time viewing property that is either too expensive or blatantly wrong in other critical ways. Additionally, more than 30% of UK property-sales fall through due to buyer or seller suddenly changing their minds. Both these...

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Valuation Versus Value

Estate agents’ market valuations are usually free, and because of this, it is very tempting for prospective sellers to invite a number of agents to comment and then select the agent that suggests the highest likely sale price for the property. However, we advise...

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March 2018 Market Comment

Like the snow, the property market seems a little unsure as to what it’s doing, with the Office for National Statistics reporting a fall in UK property prices of 0.3% last month (0.5% in England), and property price growth slowing slightly from 5% to 4.9%. However,...

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The Weakest Link?

Many property transactions form part of a chain of related sales. Of course a chain is only as strong as its weakest link and, as a national statistic, unfortunately one in every three chains will fall apart, often at the eleventh hour. This happens for a variety of...

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The Meaning of Service

Most estate agents see their role solely as a “purveyor of buyers”, and they understandably pride themselves on their ability to find the right buyer for a property and to negotiate attractive terms for the seller. But estate agency has moved on. Indeed, finding a...

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