Property Market Forces Posted on January 14, 2020"Property Market Forces" There was a day when a slight shift in the bank base rate or change in Stamp Duty could have a profound effect on property market sentiment. Yet the Bank of England’s continuing consensus to maintain interest rates at very low levels (albeit tweaked with the occasional 0.Read More
Landlords – look after your property or face the Courts Posted on January 14, 2020"Landlords - avoid Court action by looking after your property" Landlords, you are up to speed with the Homes (Fitness for Human Habitation) Act 2018, aren't you?This legislation means that Tenants can take direct action over substandard property, rather than having to rely on their Local Authority to pursue a Landlord who fails to adequately maintain it.Read More
An Opportunity for Brighton & Hove Home-Sellers Posted on January 14, 2020"An opportunity for Brighton & Hove Home-Sellers" Over recent years estate agents have been effectively forced to use one or both of the two leading property portals, Rightmove and Zoopla, to ensure that their clients’ properties were being exposed to the maximum number of buyers.Read More
Election Result and What it means for Property Posted on December 17, 2019"Election Result - What it means for property" FINALLY- We have a result!Whether or not it is your preferred outcome, at least the confusion suffered by the UK, and the property market in particular, is at an end.Read More
Mortgage Regulations – Tighter Restrictions Posted on December 17, 2019"Mortgage Regulations - Tighter Restrictions" Following the Government’s overhaul of the mortgage market, known as the Mortgage Market Review (or MMR), much tighter mortgage application regulations are in force.Read More
For how long has the property been available? Posted on December 10, 2019"For how long has the property been available?" A tenant’s first question to a Letting Agent when offered a property is “How long has it been available?” - and with good reason. Moving house is a huge event and it takes courage to commit to undertake such a decision – often with very little support other than pure instinct.Read More
What Estate Agents do – Chain Chasing Posted on December 10, 2019"What Estate Agents do - Chain Chasing" A chain is only as strong as its weakest link. This adage could not be more aptly demonstrated than in respect of property transactions in the UK.Whilst a lot of Agents focus on finding a buyer, which is obviously important, it is the quality of that buyer and their situation that will determine whether the sale is likely to proceed to a successful conclusion.Read More
Landlords – Property Worth Sharing Posted on December 3, 2019"Worth sharing" Higher rents and fewer people buying have led to increasing numbers of people, not just students and couples, choosing to share the cost of rental accommodation.From a Landlord’s perspective this should be welcomed – two or more people become liable to look after the property and pay the rent, thereby halving the risk.Read More
Tenant Fees Ban – a two-edged sword? Posted on November 26, 2019"Is the Tenant Fees Ban a two-edged sword?" Legislation now prevents Letting Agents from charging Tenants a fee to process their application to rent a property.The Tenant Fees Ban was introduced by the Government on 1 June 2019.Read More
What Estate Agents do – Generate Offers Posted on November 26, 2019"What Estate Agents do - Generate Offers" One of the most important aspects of your Estate Agent’s role is not only to negotiate a price (or ideally secure the full asking price of course) but actually to generate an offer in the first place! Too many Agents simply see themselves as people who show buyers around property, hoping that an offer will be forthcoming as a result.Read More
