The BBC1 series ‘The Week The Landlords Moved In’ is coming back, and as a trusted Lettings Agent, Fraser St James have been approached to help find landlords looking to take part.
The series follows landlords in a social experiment in which they review their properties by living as one of their tenants.The journey allows them to improve their knowledge of the rental market - and their own properties through first-hand experience. It is also an opportunity for the landlords to explore and reflect on how the rental market is changing in Britain and what challenges come with that – for both landlords and tenants.
So you’re thinking of selling your house? There are lots of different ways to add value to your property that don’t break the bank, so in this article we are focusing on the living room. Often the central hub of the house, your lounge really needs to entice potential buyers to make an offer. They need to be able to picture themselves there, and feel like they could stay in comfort.
So you’ve decided to buy a house and have found one that you like. What are the next steps? Making an offer on a house for the first time can be daunting. It’s worth knowing what you can afford, what the local market is like and as much about the property and area as possible. Negotiating a price is normal but you don’t want to start too low as you may risk losing out if someone else steps in with a better offer.
Once you have searched for and found a property you would like to buy, and have agreed on a price with the seller, the whole moving process can still take time. Often buyers, especially first time buyers don’t know what the process is, so here will will talk you through what happens once the offer is made and accepted.
Once you have made an offer, you’ll need to instruct a solicitor. It is likely that your mortgage provider will arrange for their own survey, however if you decide to get your own survey done, you’ll need to instruct one.
New research from Barclays, as reported by Property Reporter shows that more than half of first time buyers have never negotiated the price of their house purchase. 53% admit to fearing missing out through negotiation due to seeing the market as extremely competitive.
The study shows that of those who bought for the first time in the last 5 years, 51% regretted not negotiating but 35% of first time buyers would still avoid negotiation. The study also reported that 91% of FTBs believe their is not enough negotiating advice available from trusted sources, with 30% admitting being confused and 42% asking their parents for advice.