There seems to be an abundance of help and advice available to first time buyers, but what about first time sellers?
You have already stepped on the property ladder, bought your first property a few years ago and perhaps feel you should be experienced in the process? You are in fact, more likely to feel very nervous about the whole thing! Unlike your first house purchase, you are now having to deal with two properties, the one you are selling as well as the one you are buying, and no doubt having to deal with both sides of a chain as it is likely that your second property purchase will be in the middle of the property chain.
In recent years, we've seen a rise in the low-cost online national estate agents that may have local representatives, but are run from a central location and are not as much of a part of a local community as the traditional estate agents model.
By cutting costs, they can often offer competitive fees, but once signed up, many find that the ongoing communication lacks, with many not hearing from their estate agent once their house is on the market. There are clear benefits to using local agents, but does it matter to vendors?
House prices in the UK are ‘softening’ but not collapsing according to new findings. Figures from the Halifax show that prices in the three months to December were up 1.3% on the previous quarter – showing a gradual slowdown from 2.3% in both October and November.
A problem tenant is often a fear for landlords. The majority of tenancies will be free of big issues, running smoothly. Occasionally, however, landlords experience a nightmare rental. Here’s a quick guide to dealing with problem tenants.
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