Many first-time homebuyers throughout the UK may feel like the prospect of purchasing their own property is a lifetime away. After all, research has shown a quarter of British people over the age of 50 still have grown-up children living at home. In addition, the property markets in some areas of the country appear to be heavily against buyers.
Needless to say, buying a home virtually anywhere in the country can be a costly and time-consuming process, but we’ve come up with some golden nuggets of advice to help aspiring homeowners get to where they want to be.
There are 23.36 million properties in England and Wales with 64% being owner occupied and 36% being rented either from a private landlord, local authority or housing association. Over nine out of ten of those English and Welsh owner-occupied properties are a whole house or bungalow. Now, most people would assume they would be freehold – however, of those renting nearly half of rental properties, 44% to be precise, lived in other leasehold apartments and flats.
But what does it actually mean for a property to be leasehold?
There are 23.36 million properties in England and Wales with 64% being owner occupied and 36% being rented either from a private landlord, local authority or housing association.
Over nine out of ten of those English and Welsh owner-occupied properties are a whole house or bungalow. Now, most people would assume they would be freehold – however, of those renting nearly half of rental properties, 44% to be precise, lived in other leasehold apartments and flats.
In a competitive property market, sellers can’t afford to put any buyers off by offering an unappealing home, so it’s key to address any issues that could put any doubt in potential buyers.
We’ve all seen and heard about horror stories like the photo above, so to make sure your house isn’t going to be in any hall of shame, we’ve picked out 10 things you need to avoid when selling your home:
Research from Nottingham Building Society states that 21% of buy-to-let investors have to wait at least four months before finding their first tenants. This is a very worrying prospect for an investor needing to keep up with making mortgage payments. How does buying a property with sitting tenants help?
Selling your home is one of the most stressful things we go through in life. Not only do you have to organise your finances and pick a new place to call home, you also need to sell your existing home to make all of this possible.
So what is a block viewing and why are they so important in helping you not only getting your house sold, but sold for the best price possible?
Good estate agents can be difficult to find if you don’t know the qualities to look for.
We had a chat to some industry experts and put together 8 qualities your next agent should have. Continue reading
A survey of homebuyers has revealed that nearly a third saw their purchase collapse after their offer was accepted. When Which? surveyed 2,000 recent homebuyers in 2016, 28% said they’d had an offer accepted on a property only for the purchase to fall through.
In this blog we discuss what can you do to avoid a sale collapse. Continue reading
The days are now shorter, the nights are longer and it’s finally getting colder, so it is definitely time to prepare your home for winter, especially if you are planning to sell. The last thing you want is prospective buyers walking into a cold and damp home with leaking taps.
With years of experience, Love Your Postcode has prepared a step by step guide on how to prepare your home for sale during the winter months.
September… The festivals have packed up and left town, the kids are back at school and the property buyers are on the hunt for a new home.
If you’re planning on putting your property on the market this month or want to refresh it ready for the autumn influx of buyers, we are here to share some simple tips with you to help you to make the most of one of the busiest times of the year for property sales.