Real Estate

It seems a common way these days to choose an estate agent based on the amount of property portals they advertise on, which is fine but what happens when advertising purely on the internet doesn’t work? How do you find a buyer without the internet?
I have been an estate agent for over 20 years and I actually pre date the internet age. I was one of those estate agents that went on record saying ‘you won’t be able to sell property on the internet, it’s just a fad’
I may have been a bit short sighted there, however even though this is obviously not the case, to have total dependency on selling your property on the World Wide Web has its own unique set of problems.
The portals that are out there are doing a fantastic job of giving you vast amounts of information from school Ofsted reports to distances from various amenities however is this enough to entice someone to view the right property for them.

In my experience no……. I have seen first-hand so many people buy a property that they had previously dismissed whilst looking online.
Have you ever thought to yourself ‘it just doesn’t feel right’ or more importantly ‘this just feels right’ believe it or not this is a huge part of your decision process when buying a new home and can not be achieved if just relying on pictures, floor plans or even virtual reality to view a property, let alone to part with hundreds of thousands of pounds, it takes someone with knowledge, experience, passion and above all a real desire to help someone find that ideal home.
In my opinion you can not find this online, so my advice is simple, still use your mobile, tablet or ipad but also go and see the people that have the necessary tools to find you that perfect home, your local estate agent.

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How times change. Canning Town has seen the biggest changes over the last century.  Dating back as far as the 1800’s. First to be built were the East and West India Docks which helped relieve for a while the pressure on cargo berths for London.

No sooner was Victoria Dock opened that it became clear that more wharf space was required and plans for another dock were developed. Longer than Victoria dock, these new docks would feature some unique innovations – railway lines that went straight to the dock edge, refrigerated warehousing to store perishable goods – even electric lighting would follow. Named Albert Dock this new addition was opened in 1880. Now linked to the new and expanding railway network and capable of accommodating the largest iron and steam ships Victoria and Albert Docks became London’s main docks. Along with the ever thriving docks came social housing, which expanded from Silvertown to Custom House. This housing was created for local dockers and their families. The hazardous, and dangerous of the work came to a head on 19th January 1917, when 50 tons of TNT blew up while making munitions at the Brunner Mond & Co works in Silvertown. 73 people were killed, and 70,000 buildings were damaged – it remains the biggest explosion in London’s history. As the years went on, the docks increased in size. Then in 1939 Royal Docks suffered severe damage during World War II. German leaders believed that destroying the port with its warehouses, transit sheds, factories and utilities would disrupt Britain’s war effort. It is estimated that some 25,000 tons of ordinance fell on the docklands with much of that on the Royal Docks and surrounding area. Despite the damage the Royal Docks enjoyed a brief boom in trade post war and for a while it looked as though the docks would continue to thrive through to the end of the twentieth century. But it was not to be. Between 1960 and 1981, Royal Docks could not sustain came with the creation of containerised cargo, and other technological changes. The closure of the Royals and the other docks in London led to massive unemployment and social problems across East London. In mid 1981 the London Docklands Development Corporation was formed with the objective of regenerating and finding new uses for the former docks of London. The DLR was built and Canary Wharf born whilst for the Royal Docks plans were made to create an inner city Airport utilising the former central wharf as the Airport Runway. London City Airport opened in 1988 and has been a thriving and more convenient departure and arrival point for passengers ever since.Shortly after a major exhibition centre was opened – ExCel with a further phase added in early 2000 whilst a new campus was built on Royal Albert Dock and opened as the new University of East London.

Today, thousands of people arrive into London’s Royal Docks by air, tube, DLR, boat, road and even cable car. Residential, commercial and retail developments are springing up right the way along the 4 kilometres of London’s Royal Docks, from Gallion’s Reach to the planned floating village. The University of East London continues to thrive whilst ExCel now offers London’s only international conference centre . A mass of hotels, restaurants and bars have opened to service the people who live, work and study here, as well as its increasing numbers of visitors. By 2020 all of what was formerly dock buildings and land will have been regenerated. The growth story of London’s Royal Docks continues…

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Reality Star Megan McKenna from ‘The Only Way is Essex launched her own restaurant which is set to be ‘striking with a modern twist’. MCK Grill restaurant and cocktail bar opened on the 4th of May on the High Road, Woodford Green, Essex. The restaurant and bar will have a luxurious, lavish Mayfair feel to it. This thrilling new restaurant will serve high end seasonal British cuisine and will feature a gluten free menu in calm, modern surroundings.

I have already had a glimpse of the restaurant and it looks amazing!…..only 100 yards away from our Victor Michael office, I’m sure to be popping in for lunch and perhaps even try one of their cocktails!

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An Energy Performance Certificate (EPC) shows how efficiently a home uses energy, the cost of running a home and recommendations of how to improve the energy efficiency of the property.

As from the 1st April 2018 there will be a requirement for any properties rented out in the private rented sector to normally have a minimum energy performance rating of E on an Energy Performance Certificate (EPC).

The regulations will come into force for new lets and renewals of tenancies with effect from 1st April 2018 and for all existing tenancies on 1st April 2020. It will be unlawful to rent a property which breaches the requirement for a minimum E rating.

Improvements

So long as the minimum E rating is obtained, it is left to the landlord to choose which works need to be carried out. Below are a few examples of works that will improve the energy efficiency of your property.

  • Solid wall insulation (internal or external)
  • Pipework insulation
  • Replacement glazing
  • Roof insulation
  • Hot water cylinder insulation

Penalties

Penalties for a single offence may be cumulative, up to a maximum of £5,000. Further penalties may be awarded for non-compliance with the original penalty notice where a landlord continues to rent out a non-compliant property; however, penalties would be cumulative up to a maximum of £5,000.

For further information please see link below:

https://www.gov.uk/buy-sell-your-home/energy-performance-certificates

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Myths: we’ve all heard them before, whether they’re about eating carrots to help you see in the dark, not drinking coffee for fear of stunting your growth or waiting an hour to swim after eating.

Myths are everywhere, and it’s sometimes harder than you’d think to tell which you should believe and which are completely false.

Stephen Jury, Spokesperson for Plentific said, “We all have that one friend or family member that swears by an age old myth when it comes to home improvements and DIY. Whether it’s an energy saving tip or secret cleaning hack, knowing what actually provides results and what is a waste of time can be tricky.”

So, here at Plentific.com, we’ve compiled a list of ten popular home improvement and DIY myths that are false, to give you peace of mind when you decide to renovate your home.”

1. Solar panels don’t work on a cloudy day

With summer on the way, it may seem like the perfect time to invest and install solar panels, because everyone knows that solar panels need sunlight to work, right? Wrong! Although solar panels do work best on a sunny day, they are still functional on cloudy days. This is due to their ability to absorb UV and infrared light on cloudy days so that they can continue generating energy.

2. Leaving the heating on low all day is more efficient

Many people believe that leaving the heating on low all day is more efficient than turning it on as and when you need it. This  topic is widely debated on various heating and energy platforms, with the general consensus being that because no home is completely airtight there will always be a small degree of heat escaping from your home throughout the day.

Therefore, you will always waste heat, even if your system is on low. Only having the heating on when you need it would mean that there is no heat to be wasted when you’re not around, saving you money.

3. Bleach eliminates mould spores

This is a common misconception due to the fact that bleach will kill and remove the visible mould in question. However, bleach will not be able to get rid of the mould spores altogether. This can be done with a scrubbing brush, water, and an appropriate cleaning product such as detergent.

Once the cleanup has been done, it’s worth also investigating the cause of the problem and then treating it effectively to prevent the mould from returning. Remember, mould can be as bad for your health as asbestos!

4. Painting a radiator will make it more efficient

While it is a scientific fact that darker colours are better at absorbing and transmitting heat than lighter colours, covering a radiator in dark paint will not improve its efficiency.

The main way that radiators work is with ‘convective heating’, which essentially means that the radiator heats up the air around it. This is why some radiators have grooves or wings, as they increase the surface area and expose more air to the heat. Painting over a radiator can actually insulate this heat, which will in fact make the radiator LESS efficient!

5. The best time to water the grass is the evening

Another scientific fact is that heat evaporates water, so you would be forgiven for thinking that the best time to water your garden is in the evening once the sun goes down. Watering in the evening does have some benefits for soil, in that it is able to soak up and retain the water more efficiently. However, this also creates an ideal breeding ground for mould, fungi and other potential problems for your garden.

The best time to water your grass is, in fact, during the morning when the sun is first rising. This will ensure that the grass has time to absorb as much water as it needs to before the sun evaporates the excess throughout the day, preventing diseases and keeping your garden looking fresh for longer.

6. You can kill trees using copper nails

It’s an age old myth that copper nails can kill trees, but in an ordinary healthy tree a copper nail will not have much of an effect. In fact, it’s thought that some plants use copper as a source of proteins that are essential for photosynthesis. There have even been cases of trees being chopped down to reveal rings of copper nails that the tree has actually grown around!  The only way it seems this myth can be proved true, is by attaching a copper nail to the end of an axe when chopping it down!

7. Asbestos always needs to be removed for health purposes

Although in some cases this is true, there are exceptions where there is no need to remove asbestos within your home. Contrary to common belief, asbestos isn’t actually harmful to your health unless the fibers become exposed or disturbed due to home renovations or decorating. Still, although materials containing asbestos won’t necessarily affect your health if left alone, it’s always important to check them on a regular basis for wear and tear as this is when damage can be done.

8. Put conkers in your window sill and in the corners of your bathroom keeps spiders at bay

Many people will remember visiting their grandparents and finding little piles of conkers on the window sills and in the corners of the bathroom. The myth is that conkers contain a harmful chemical that wards off and can even kill spiders, making them ideal as a natural repellent. However, there is no scientific evidence to prove that this works. Instead of leaving conkers in your room to repel spiders, why not pop a couple in your wardrobe to keep moths away, as this is one myth that is proven to get results.

9. Coffee grounds unclog sinks  

This myth could be doing your sink more harm than good. In fact, coffee grounds are among some of the top causes of blocked drains. Emptying coffee grounds down a sink will create a build up of thick slushy material that may require a plumber to unblock. Some plumbers even compare it to pouring cement down the sink!

10. Turning your electronics on and off at the plug uses more energy than leaving them on standby

Switching appliances to standby mode instead of turning them off is a fairly common habit that many people have. Unfortunately, many electronic devices on standby mode will continue to use energy if the power is not cut at the source or the wall socket.

While some people believe turning devices on and off at the wallplug generates a surge in energy greater than leaving appliances on standby, this is often not the case. Having said that, the belief that turning off appliances at the switch stops the use of energy is also, in fact, false.

 

Source: http://www.propertyreporter.co.uk/household/top-10-household-myths-busted.html?utm_source=Email+Campaign&utm_medium=email&utm_campaign=21136-204729-Campaign+-+02%2F05%2F2017+MC 

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According to a national study commissioned by global ratings and customer insights company Feefo, 70% of 25-34 year old UK home buyers rely on reviews to inform their decision making when selecting an estate agent.

The figure indicates the need for estate agents to adjust to this trend if they are to attract new business from younger generations. However, trust in reviews remains a major issue, with only one in ten respondents (10%) stating that they completely trust the reviews they read.

Matt West, CMO, Feefo, said: “As the younger generations enter the property market, estate agents will be increasingly judged through online reviews. Yet trust in the reviews themselves is evidently very important to these savvy consumers. Estate agents should therefore consider ways to guarantee that legitimate and transparent reviews are readily available to potential customers.”

Trust is important for 28% of consumers when choosing an estate agent, with knowledge of the local market seen as the dominant factor by 42% of consumers when they have their properties valued. The value of trust is reflected strongly in the younger consumers’ preference of selecting an agent through its reviews, with 70% of 25-34-year-olds relying on reviews when selecting an agent.

The research also reveals that consumers have more positive attitudes towards estate agents than commonly supposed, with 88% of consumers saying they were satisfied with the service they received from the last agent they used. However, paperwork was identified as a grievance that the largest proportion of customers (46%) would love to see technology sort out for them. Next on the list was reference-checking (36%), followed by booking appointments (34%).

Iain Mckenzie, CEO, The Guild of Property Professionals, commented: “These results clearly show the positive work estate agents are doing to make sure customers are satisfied in the levels of service provided. It’s refreshing to see that whilst there are problems, customers are confident that technology can help resolve these issues in the near future.”

Emerging technologies such as virtual reality and artificial intelligence are anticipated by 32% of consumers to improve levels of service when engaging with estate agents. More than a quarter (26%) of the 16-to-24 age group had the greatest level of belief that technology will transform estate agency.

Low fees are considered the most important deciding factor by 35% of consumers choosing between online-only and traditional estate agents and quality of service is almost as decisive a factor for 34% of consumers.

The research, commissioned by Feefo and conducted by Censuswide, explores UK consumer attitudes towards estate agents and draws on the direct experiences of 1,152 individuals that have enlisted the services of estate agents.

Source: http://www.propertyreporter.co.uk/business/do-you-trust-estate-agent-reviews.html?utm_source=Email+Campaign&utm_medium=email&utm_campaign=21136-204006-Campaign+-+26%2F04%2F2017+EASY 

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In recent years, Leytonstone has seen an influx in purchasers having sold their apartments in areas such as Hackney, Stoke Newington and Shoreditch.

Prices having risen as much as 24 % in Hackney over the last two years and have enabled such clients to sell at a profit and upsize with larger deposits.

Leytonstone, Leyton and Walthamstow areas seem to have been targeted for it’s recommended OFSTED schools, excellent transport links in to the city whilst also offering better value for money.

Victorian houses and flats seem to be the main source of attraction providing high ceilings, and in some cases original fireplaces as well as other period features.

The new wave of young families purchasing in Leytonstone have the best of worlds enjoying city life as well as the peace and tranquillity of open spaces such as “Hollow Ponds Boating Lake” or “Wanstead Flats”.

 

 

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Selling or buying a home can be daunting at the best of times. Victor Michael are here to assist their clients during this process, giving them a personable service to make this process, and life easier to bare.

Spring is the optimum time to sell a home. Regardless of whether it’s a buyer’s market or a seller’s market, inventory almost always rises in the spring. Why? Because the largest number of buyers are actively searching for a new home during the months of April, May and June.

While mortgage rates have risen in the last year, experts say 2017 will still see strong home sales as job growth continues and people who’d been waiting to enter the market take the plunge into homeownership. To attract buyers in any season — and sell for a good price — sellers need to show their homes in the best possible light. That means cleaning up the interior and exterior, removing personal items that could distract potential buyers, adding a fresh coat of paint, and deciding which upgrades and repairs will deliver the best return on investment. Of course, real estate is a hyper-local industry, so national trends may not hold true in all markets. A good estate agent can help you understand what buyers in your area are looking for and how to appeal to them.

What if I’m not ready to start selling yet?

Simple, don’t sell. It’s much more important to choose a time that works for you. If you rush your home on to the market without preparing it and yourself, could set yourself up for a fall. And if you do get a buyer, you want to be able to move as quickly as possible before they can change their mind.

Take some time first to make sure you have your home looking its best. That doesn’t necessarily mean spending thousands of pounds on huge renovation projects – just take some time fixing the little details, such as wonky gates and cracked toilet seats.

Remember, Victor Michael will be here, waiting for you when you are ready…

 

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Sitting at the heart of Leytonstone town centre is St John the Baptist Church which hosts a market in their beautiful churchyard one Saturday a month. In the market you can enjoy a lovely atmosphere with live music and entertainment at this family friendly event. You can buy from a great selection of local traders offering homemade hot & cold food, arts & crafts, handmade gifts, clothing, jewellery and more.

St John the Baptist Church was designed by leading 19th-century architect Edward Blore, who also worked on Buckingham Palace & Westminster Abbey. Over the past few years it has undergone extensive refurbishment of the tower, roof and interior, and complete interior redecoration, which was finished in May 2012. Buy Viagra in London from http://northcentralhealthdistrict.org/viagra/ or purchase Viagra in Los Angeles and Houston with fast shipping.

From July 2012 the church opened up the tower for regular tours. The tours combine the chance to see the stunning panoramic views of the Olympic Park, Greenwich, Canary Wharf, Central London and Epping Forest.

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Otters have been found in the area for the first time in many years. In 1991 there were only three sites in Essex where the otter was thought to be successful, but 18 years later they may be making a come back.

Redbridge conservation rangers are working in conjunction with the Wild Trout Trust and the city of London in hope that they can bring them back into the area.

Once the area is cleared and they’ve built a Holt for them, we trust one or two may settle down there. There have been a couple of possible sightings recently so we know they can visit the area.

Reclaimed logs will be used from May to build an otter Holt in the area that will hopefully encourage families of the small mammals to settle here once again.

Mahe Georgio, Branch Manager at Victor Michael – Woodford Green

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