Spring is in the air! Magnolia trees are in bloom, tulips are coming up and selling your property is all about maximising curb appeal. 

Read on to find tips for grabbing the attention of buyers and finalising that sale!  

 

First impressions matter 
Start every viewing on a positive note by keeping your drive, garden and front door in tip top condition. Spring bulbs can add welcoming colour. 
 
Hide the clutter!  
A tidy space will help a buyer imagine how their possesions might fit in. The space will look bigger if non-essential items are hidden away or even put in storage.

 

Have your garden ready for sunnier days  
Now the weather's warming up, set up your garden with outdoor furniture so buyers can see how they can use the space once summer arrives. Remember though, if it's still chilly outside, do keep the heating on - a warm house will make your house more appealing.  
 
Keep pets away 
Not all potential buyers are animal lovers. Do keep pets out of the way for viewings. Even if buyers love your furry friend, they may be distracted and not focus on your house.

 

Focus on your home's best bits  
Make sure the best room in the house is decorated and presented to perfection, whether that's a light-flooded kitchen or an office with a stunning view.  

 

They say you are most likely to fall in love, if you love yourself first! Your home is no different. The more love you show your home, the more other people will love it too.  

The flowers are starting to pop up and so are V&H Homes sold boards, so why not be a part of this growing trend? 

We give you four top tips on bringing back the love so your home sells!

 

If you don't have much time 
Do the basics; a good clean and declutter. Create space by clearing worktops and stowing away any of the unnecessaries so that you optimise your rooms. This combined with making use of the vibrant colours of spring could really set you apart from the rest. Think about yellows, blues and greens to provide a truly refreshing feeling to your property.
 
Love at first sight!  
Don’t forget the front of your home. This is most likely to greet your buyers initially online and during a physical viewing.  A simple tidy-up to make your home look its best.  Check the front door, does it need painting or cleaning? Are there any unsightly weeds in the garden or paving?  
 
Have your paperwork ready  
You don’t want to make a swift sale only to become delayed by paperwork. Start gathering it now, from gas certificates to warranties.  
 
If you have a little more time 
After you have cleaned, check grouting, mould and anything else that is a relatively cheap fix. This will spruce up your bathroom or kitchen and seduce buyers. Check everything from taps to toilet seats!

 

 

 

 

If you are looking for a new home to buy, it's extremely important that you ask the right questions and don't forget any of the nitty-gritty details! If you are a seller, it is useful for you to be aware of what questions may come up!

 

Here are some of the questions prospective buyers are likely to ask:

 
1. Is there any damp?

Damp issues can be very costly. If you spot damp on a house you should question the estate agent / seller, however if you decide to offer on the property (and it is accepted) a survey should be carried out so that you have the facts. 

 

2. How old is the roof?

Replacing a roof is an expense that most people will understandably wish to avoid. Depending on the materials, roofs have a life expectancy of 15-20 years, so it's important to be aware of how much life they have left.

 

3. How much storage space is there?

Storage space is arguably one of the most valuable assets of a home. If the property lacks storage spaces, always consider if there is room for cupboards or shelves to be built in.

 

 

 

4. Do any trees have TPOs?

This is a particularly important question to ask if you are planning on extending a property. It may be difficult to get the planning permission you need if there are any trees with TPOs that could be damaged.

 

 

5. What's the area like?

Will the surrounding area fit in with your lifestyle? What are the neighbours like? It's always helpful to paint a wider picture of everything going on outside of the property.

 

6. How much will it cost to run the property?

Finding out council tax bands, costs for utility bills and general running costs will help you gain the best possible understanding of what your outgoings will be should you choose to buy.

 

Last month, changes were made to how some aspects of Right to Rent checks are completed in England. 

 

Since 2014, anyone letting a property in the UK has been obliged to complete a Right to Rent check every time they take on a new tenant. As part of the changes to Right to Rent checks, landlords in England are no longer allowed to accept physical biometric residence cards and permits, nor Frontier Worker permits. All holders of these cards and permits in England will have to verify their identity using an online service operated by the Home Office. 

 

There are legal implications for anyone who does not follow the new laws. It is illegal for landlords to only check people that they think are not British citizens; the government states that potential tenants should not be discriminated against based on speculation about where they are from. 

 

For now, this change is limited to tenancies in England. For the rest of the UK and Northern Ireland, the Home Office will require tenants to register with a certified identity service provider (IDSP), which will use identity document validation technology (IDVT) to share checks with agents and landlords. 

 

If you are a tenant or landlord looking for answers, get in touch and we will help wherever we can. 

 

     

With demand for homes still outstripping supply, sellers can be confident they will find a buyer quicker than ever before. * 

 

On average, properties are spending just 33 days on the open market, compared to 2019 when the average time on the market stood at 67 days. As well as this, the huge decline in sale time means that 53% of property sales are now being agreed at a figure above the asking price, as buyers bid higher to secure their ideal home. * 

 

The large number of buyers continues to create a competitive market, ideal for sellers. Over 125,000 prospective homeowners took to the market in April to take advantage of the great seller’s market. *  

 

If you are looking for a quick sale of your property, start by booking a free property valuation here. 

 

 

*Rightmove 

First time buyer numbers have doubled over the last year.*

In 2021, the number of buyers taking their initial steps onto the property ladder increased by 98%. First-time buyers spent an average of £281,900 in 2021 on their new home.*

This is great news if you're looking to sell your home this year. Selling to a first-time buyer has several advantages, including a shorter chain and faster completion.

 

This isn't the only reason that now is a great time to sell. See below for three more reasons to sell in the next few months…

 

Spring!

The spring season presents a great opportunity to present your home in the best light. With flowers in season and kerb appeal at its peak now is a great time to get your home on the market. Get a valuation.

 

Sellers Market

It's not just first time buyers that are looking to move. As the year progresses it's clear that it will continue to be a strong seller's market. With one in five people looking to purchase a new home.**

 

High Demand

High demand has caused asking prices to increase. These property prices are expected to rise by another 5% in 2022. Take advantage of the current market conditions and contact your local property professionals.***

Need help with your next move? Get in touch with our team today and call 01372 221 678.

 

*Barclays

**Property reporter

***Rightmove

If you have ever considered building a property portfolio as a landlord, now could be a great time to start your journey. 

 

Information from a market-leading property portal indicates rents have risen at the fastest rate on record, and tenant demand has almost doubled. At a time when interest rates on traditional savings accounts are low, many believe it is a good time to invest in the property market. * 

Lenders are evidently committed to supporting prospective landlords. A recent report from a popular money comparison site revealed there are currently 2,235 mortgage products on offer to first-time landlords, an increase of more than 70% than the same time last year.  

A huge 64% of available buy-to-let mortgage products are catering to first-time investors and rates are attractive, allowing landlords to protect themselves against future rate rises by locking into a good deal with a fixed-rate mortgage. The average two-year fixed rate mortgage for a first-time landlord is currently 3.19%, rising to 3.47% for a five-year fixed product.  

 

If you would like to explore buy-to-let properties and mortgage products which could lay the foundations for your property portfolio, call us today and talk to one of our team members. 

Last year, Rightmove saw a 26% increase in web traffic, with over four million of us visiting their website on Boxing Day.
 
Your property could be marketed to a HUGE online audience over the festive period and the New Year.
 
Listing is a sure-fire way of capturing attention from serious buyers and tenants.

 

Did you know...
 
Online property searches double over the Christmas and New Year period.
 
On average, there's a 20% increase in people searching online for their next home.
 
9 pm was the citied as last year's prime property-surfing time. 
 
Over 2.3 million people visit Rightmove on the 29th December.
 
Over 3.3. million people visit Rightmove on the first day of the New Year.
 

The rental market is at a five-year high following the easing of COVID-19 restrictions, with demand on the rise and rents are also increasing.

Even though demand is high, it's important to make your property stand out to attract prospective tenants.

 

Here's how to keep your lettings properties in high demand...

1. Energy efficiency is important

UK tenants have highlighted how important green issues and the environment are to them in a new survey which revealed an overwhelming 98% would prefer a property that was optimised to increase energy efficiency, reduce energy costs and minimise environmental impact.*

2. Invest in mod cons

Modern tenants expect more from their rental properties and mod cons are becoming a top priority for renters, with high-speed Wi-Fi a particularly important factor for many modern renters.

3. Location preferences

When considering a property investment, choose a location that is appealing to renters - near to train stations and village or town centres.

Rental trends change frequently, so as a landlord you need to ensure you understand the needs and priorities of your tenants and consider how these could change over time.

If you are looking to take advantage of this year's rental market conditions, but don't know where to start, why not contact our team today for more support.

The next six months are expected to be a busy time for the property market

As restrictions are officially lifted and the stamp duty holiday draws to a close, we take a look at what will be influencing home purchases going forwards over the next few months.

 

What will happen to house prices after the stamp duty holiday?

As demand still remains above normal levels for the season, many people will be undeterred by the end of stamp duty savings next month.

Instead, they'll be pushed to buy based on their changing needs and living conditions, meaning house prices are expected to remain consistent.

 

Market update

Over the last year, average property prices in Surrey, have increased by 12%, with the average property now worth £613,048.*

 

*Rightmove Intel

Taking a step on the ladder is really exciting! 

So, you shouldn’t be daunted by mortgages. We can help you find your perfect property and offer you expert mortgage advice. 

 

What is a fixed-rate mortgage? 

With a fixed-rate mortgage, the interest rate that you pay remains the same throughout the period of the contract – typically one to five years. Choosing a fixed-rate mortgage means that you will know exactly how much your mortgages will cost for a set period of time, and your repayments will remain the same, even if interest rates change. 

 

What is a tracker mortgage? 

The interest rate on a tracker mortgage is linked to the Bank of England base rate. This means that if the base rate changes, so will your mortgage rate. You can get lifetime or term trackers that are often very flexible and can be great if you don’t want to be tied into a mortgage. 

 

What is a guarantor mortgage? 

With a guarantor mortgage, your friends or family members can opt to be your mortgage guarantor. With this type of mortgage, if you miss any repayments, your guarantor could risk losing their savings or their home. 
 

SEARCHING FOR MORE SPACE THIS SUMMER?

Here's why you should sell your property this summer...

1. IT'S A PERFECT TIME TO SHOWCASE YOUR PROPERTY

If you are looking to showcase your most valuable asset, summer gives you the chance to ‘wow’ potential buyers and sell them the dream they’ve been looking for. With the garden in full bloom and sunlight streaming through the windows (when the UK decides!) buyers will love looking around your home.

2. SERIOUS BUYERS & SELLERS

Sometimes there are less properties on the market in Summer, however the buyers and sellers looking tend to be the most serious ones!

3. GET SETTLED BEFORE THE NEW TERM

Buyers with children will be keen to have them settled in before school term starts. What’s more, with glorious weather, moving home can actually be a great experience.

 

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