Having acted on the advice given in Part 1, you will have succeeded in achieving an agreed sale, but that is just 30% of the selling transaction. Now the really tricky part begins! The legal process of selling is both lengthy, somewhat antiquated and fraught with...
Firstly, correctly pricing the property in accordance with current market values is critical. If it is priced too highly, it will minimise the interest and those who may view and even if they like it, are very likely to offer a lower price anyway. Further, if...
Since the latest base interest rate increase of 0.5% by The Bank of England, the dust has settled and mortgage lenders are coming forward with their latest offers. These are available through the Mortgage Brokers we work closely with and individual personal advice can be...
The media like to feature bad news, bad news sells, but as far as the property market is concerned and particularly the local market, you need to hear from the Estate Agents who are working in it every day. The Good News is that the market...
Improving! Despite the recent rise in the Bank of England’s base interest rate, there are still competitive mortgage rates available both on tracker (variable rate mortgages) and fixed rates (over 2-5 years). We work closely with an independent mortgage advisor, who by agreement with us, does not...
In 2021/2022 it was undoubtedly a Sellers’ market, with property supply noticeably less than demand. However, a word of caution, market conditions have changed and Sellers are no longer in a position of control. Evidence from research by ‘Stacks Property Search’, a spokes-person Mr Bill Spreckley,...
Some Estate Agencies will only agree to put forward an offer for a property, if you take advice (and subsequently take up the mortgage offer) using their in-house mortgage adviser. This is known as ‘conditional selling’. This is both morally dubious and in fact illegal,...
Trust and Integrity: Important, when entrusting dealings in your most valuable material asset. Experience: 45 years under the original management, very few firms can truly claim that. Most ‘old names’ have been sold to new management. Qualified: The two principal Partner/Directors are Fellows of the RICS (The...
Have you? would you wish to pay over the market price in a bidding race? Would you want the recurring disappointment of missing that ideal property because you hadn’t sold your own? or that there will be a hold up in the chain and so...
January was the first field test, following on from an expensive Christmas, for the market to react. Surprisingly, house sale instructions took an upward turn and this was matched by house sales agreed, resulting in a positive month and a general feeling of optimism. February continued...