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Relative Values

Relative Values

Even the most credible authorities tend to disagree on the rate of price change in the property market, leaving the humble consumer somewhat baffled! The problem is the source of data that is used to make assumptions about the market is fickle. For example, you could look at the latest Land Registry figures. These record […]

Deposit Confusion

Deposit Confusion

One of the property terms that can be confusing is the word “deposit”, especially among first-time buyers who have previously been renting. For example, consider this statement: “When Jake got his deposit back, he had enough for his deposit, although this was not enough to cover his deposit.” What??? There are at least three uses […]

De-Clutter

De-Clutter

In the current market, if you are to maximise your price, it is more important than ever to ensure that your property is a highly saleable proposition, rather than one that makes another house look good by comparison. Of course, there are several basics that should be in place. The price needs to be as […]

October 2020 Market Update

October 2020 Market Update

To say estate agents are busy would be an understatement. The unprecedented uplift in buyer demand over the past three months certainly bucks any notion of pandemic paralysis. Rightmove tells us that buyer enquiries are up 14% annually and sales agreed are just 5% below this time last year – which is pretty remarkable under […]

Accept the offer?

Accept the offer?

When you are keen to move house it can be tempting to accept the first buyer who comes along with an attractive offer. However, buyers come in all shapes and sizes, and it is important to assess your purchaser’s ability to perform before accepting any offer. We often receive offers from people who themselves have […]

Autumn’s All Go

Autumn’s All Go

With the summer now firmly behind us, the market is active once again, and we actually find that we currently have far more buyers than we do stock but predict that there will be a run of properties coming onto the market in the run up to Christmas especially with the Stamp Duty deadline looming. […]

September Market Update

September Market Update

We’re not surprised that house prices, according to the Halifax, rose 1.6% last month That’s nearly 20% per annum when annualised (but don’t do that)! The combination of at least three months of pent-up demand, coupled with stalling supply as people hunkered down during lockdown made such an increase inevitable, especially when compounded by the […]

Proactivity Rules

Proactivity Rules

Estate Agents are generally an up-beat type. Selling property to the right buyer, quickly and at an impressive price requires a “can do, will do” approach that is unlikely to be found in a pessimist. Agents with a positive attitude are more likely to be able to identify opportunities on behalf of our clients. Combine […]

The Weakest Link

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 reasons from one party’s mortgage glitch to […]

Save the Sale

Save the Sale

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 much better than this average! However, the sales cycle can be frustratingly slow and the longer the sale takes, the greater the chance of it falling through. This makes it […]