Ever wondered if you bought your house at the right price/ at the right time? It seems the answer for both your questions is ‘Yes!’.
At least for London, the forecasts are quite grey predicting a 10% raise in the average house price. And the raise is not necessarily based on value growth…
Photo source: http://bit.ly/2zsBj8V
Moving home is often cited as one of the most stressful experiences in life. However, you can make the process a little less stressful by following advice and avoiding common mistakes.
Not all estate agents are the same. Check out their fees and whether there are hidden costs and what their success rate is. Many people simply settle on the first company they come across and end up regretting it. As with any venture, it pays to shop around and ask the right questions before you enter into any arrangement.
Another mistake that sellers make is over estimating the price they’ll get for their property. This is more common nowadays where many bypass traditional estate agents and simply pick a selling price out of thin air. Do your research and see what similar properties in your area are going for and set a reasonable price.
These days, the majority of homes sold in the UK are placed in online listings. Don’t accept poor quality images. If you’ve chosen a good estate agent, they will make sure your property is looking its very best through high quality photographs. These are the first thing a buyer will see and you only get one chance to make a good first impression. Therefore, it is essential that your agent is using photographs that will really appeal to potential buyers.
There are plenty of houses for sale – and you want to make sure buyers won’t discount yours. They will, though, if things are broken when they come for a viewing. You may well be planning on fixing whatever’s broken before you move, but your buyer doesn’t know that. Get it fixed before you put your property on the market
You’ve probably spent a long time making sure the inside of your house is not only clean and tidy, but also well decorated, perfectly laid out and just generally ideal for showing off to that buyer who’s coming around. But don’t forget, as much as the inside of the house will dazzle them, the exterior gives it that kerb appeal, and can help them form an opinion before they’ve even come inside. The garden sells your home, even subconsciously, so as much as you want to get the inside of your home perfect, forgetting the garden is a big no-no. It’s all too easy to miss things like tired old fences, lawns that are slightly too long or items strewn about the garden, but these are all things that give your home a negative kerb appeal, and it’s absolutely essential that they’re addressed before the home comes to market.
When potential buyer’s come to view the house, they need to be able to picture themselves living there. If you have personal touches lying around such as photos and your own personal colour scheme, it makes it more difficult for buyers to imagine it as their own. Therefore, you need to ensure you are offering a neutral ‘blank canvas’. This means painting the walls a neutral colour and taking down any personal touches that distinguish it as your home.
Lastly, don’t hide anything from your agent. Make sure you are upfront about any issues there are with your home. This will save you lots of time and money as they will come out eventually, potentially ruining your sale too.
Photo source: Pixabay http://bit.ly/2iDa0yK
48% of tenants in Europe, although they desire their own home, think they will not be able to have it. The percent raises to 56% in the UK…
What is really interesting about the study is also knowing in which European country is more wise to rent a home instead of buying it…
The property industry is constantly going through changes. This time we are talking about new standards for the UK lettings market.
We will wait and see what exactly is going to happen, but flexibility is a clear requirement these days.
The closer we get to the end of 2017, the more predictions we are going to have about the future. Analysis of the past year will result in a series of easy-to-tell forecasts about 2018.
The first in line is the anticipated growth of 2.5% for the mainstream property market…
Photo source: Quartz http://bit.ly/2lHOBJv
Commuting to work is a usual practice for those living near a big city that have jobs in the city. It seems easy to do at first, but after just a few months it can be a real problem and a big cause of stress.
Lydia Smith, a UK journalist, wrote about her experience a beginner freelance and how commuting daily from London to Manchester affected her emotional and professional life. This is an eloquent example of how commuting impacts the worker.
Recent studies showed common problems that appear at commuters like:
That ’20 minutes to work’ might not seem much, but going past some time limits can have some long-term effects on you. Think about this when you choose commuting.
And don’t forget that you can actually change something to make yourself feel better: the workplace, or the place you live.
Good news for future sellers! During the last couple of year, the rhythm of selling has grown faster and faster. The average period for signing a sale is now 61 days, depending, of course, on the region the property is located.
You want to know how many days you will have be looking for a buyer so you can plan accordingly, so read this article on Property Wire to find out which regional cities are the fastest and which have the slowest rhythm.
Photo source: MetroUK http://bit.ly/2gPe4ve
Living outside London is definitely cheaper. Apparently, the further away, the smaller house prices are. Here’s the math:
60 minutes to the city = minus £480,000 off the property price
40 minutes to the city = minus $372,255 off the property price
20 minutes to the city = minus £299,328 off the property price
So choose how much time you are willing to spend on the road and make your savings budget!
In this everyday expanding world, the need for space is simply intensifying. More compact and smaller are key characteristics of future houses.
And, if it is ‘movable’ too, then it is probably perfect.
There are a lot of tiny houses that can be in the top for their design and unique use of space. Here are some examples of small houses that blend in perfectly by being unintrusive in the space they were built (or moved to).
However, one special project drew our attention: Elsa, the 323 square feet house with a greenhouse included. The ‘entire’ house was developed and designed by Olive Nest Tiny Homes. It might be small, but it has one of the most spacious interior design we encountered.
Elsa can be moved around and it fits in all of the settings one might think of. The porch and the mini-greenhouse are dreams came true for gardeners and traditionalists.
Photo source: Flickr http://bit.ly/2h96zzD
London is in top 5 most expensive cities for investors looking to put their money in office buildings. Recent study shows that the average price for 1 sqm in an office building in London is around 1 717 GBP, while Hong Kong tops the world chart with an offer of 6446 GBP for 1 sqm.