Latest Blog Posts

Probate Valuations

Tuesday, 26th March 2019

Categories: Tips For Sellers
This may be a highly emotional time for a family who has lost a loved one, however practical demands require the family to address the probate issues relating to the deceased’s estate and this will require an accurate written valuation of the deceased’s property based upon the open market value of the property. The valuation is not just for when the property is going to be put on the market for sale but will be used to assist in the calculation submitted to Inland Revenue confirming the amount of inheritance tax payable. Once the return has been submitted, the District Valuer at the Capital Taxes Office will consider the calculation given.

Peter Barry

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Practical Steps to Consider When Selling Your Home

Tuesday, 26th March 2019

Categories: Tips For Sellers
Once you have made the decision to sell your beloved home there will be a number of things you can do to help the sale along. You can’t rely on other people to have everything in place before they make or accept an offer but if you’ve got a solicitor in place, you’ve got your finances arranged and you’ve earmarked your next property, at least your link will be ready when the offer is accepted.

Peter Barry

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Are You Selling or Buying a Leasehold property?

Tuesday, 26th March 2019

Categories: Tips For Sellers
In dealing with leasehold properties on a daily basis you become very aware of the effect a lease has on a property’s value. Even leases over the 80 year mark (the point at which marriage value takes effect) should be investigated and ultimately extended. A purchaser today who acquires a flat for £250,000 with an 85 year lease will have to wait 2 years until they can extend under the Leasehold Reform, Housing and Urban Development Act 1993 by which time an extension could cost up to £10,000 including professional fees.

Peter Barry

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What is Tenancy Deposit Protection Scheme (TDP)

Tuesday, 26th March 2019

Categories: Renting Tips
Under the provisions of the Housing Act 2004 every landlord or letting agency that takes a deposit for an Assured Shorthold Tenancy in England and Wales must join a Tenancy Deposit Protection Scheme (TDP). The new regulations came into effect on April 6, 2007.

Peter Barry

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Now You’re a Tenant, What to Expect.

Tuesday, 26th March 2019

Categories: Renting Tips
The most common type of tenancy is an Assured Shorthold Tenancy (AST). This will give you some important rights but also additional responsibility which you must respect to ensure a good relationship with your landlord and hopefully a long and happy stay in your new home. Listed below are some pointers to keep you on the right track: -

Peter Barry

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What to Expect from a Property Management Service.

Tuesday, 26th March 2019

Categories: Property Management
Although the letting team may accompany the prospective tenants to view the property, once an offer is made it’s the property managers who are generally responsible for screening the tenants. Liaising with the referencing company and the tenants to ensure all necessary information is available to complete a thorough check. Drafting an Assured Shorthold Tenancy contract which will include any additional clauses the landlord may request, such as no pets or children. The property manager will ensure a break clause is also included in the AST unless both parties agree to remove it.

Peter Barry

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Common Property Management Maintenance Issues.

Tuesday, 26th March 2019

Categories: Property Management
Running a busy Property Management department gives us an insight into some of the more common issue that can be dealt with easily and effectively. Listed below are a few of the most common. If, like many households, you haven’t had cause to crank up the central heating over the long hot summers we are seeing more of, early Autumn is a good time to bleed all the radiators and heated towel rails in your property. Air can build up in the system and this can restrict the flow of hot water around the pipes. Don’t wait for that Arctic cold snap to realise there’s a problem – check them now and you’ll be toasty all winter. You might also consider a boiler service by a Gas Safe registered engineer.

Peter Barry

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Making an Offer

Tuesday, 26th March 2019

Categories: Tips for Buyers
Making an offer is tricky. You don’t want to go in too low and potentially lose the property but you’re also wary of over paying. The ideal position to adopt is one of detachment. If you can look at the property in purely financial terms you have a massive advantage although in reality emotions are bound to become involved. The best advice is to try and act rationally and keep emotion at bay until everything is agreed.

Peter Barry

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Choosing Between Surveys

Tuesday, 26th March 2019

Categories: Tips for Buyers
When a mortgage is required to purchase a property, the lender will have their own valuer visit to ensure that their loan is adequately secured. People often confuse this brief valuation report with a survey but they are very different propositions. Most mortgage valuations consist of a twenty-minute inspection and a report that, at best, will give you a few lines of general advice, whereas a survey will allow you to enter into the purchase with your eyes open.

Peter Barry

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Simple Tips for Selling Your House

Friday, 27th October 2017

Categories: Selling Tips
A quick online search will bring up dozens of suggestions for ways to make your home more attractive to buyers. Ideas range from wafting the aroma of freshly baked bread around your kitchen, to spending hundreds on new furniture for better “staging”, or making extravagant renovations in your loft or garage.

Charlotte Charlotte

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Market Update February 2017

Tuesday, 14th February 2017

Categories: Sales Lettings Market Analysis Selling Tips Property Prices
After a year of enormous change both politically and economically in 2016, we entered 2017 more certain about many things and less certain about others. The next few weeks will see the British Government trigger article 50 and commence the formal process of leaving the EU....

Charlotte Delph

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Market Update - October 2016

Thursday, 13th October 2016

Categories: Sales Lettings Market Analysis Property Prices
September was “back to school” month and I’m sure we have all noticed the increased traffic levels during the “school runs” at the start and end of the day. For many people it followed a property move that enabled them to access a particular school catchment area –one of the major factors in choosing a home. The property market was largely steady and is now settling into a more “normalised” pattern following the pre and immediate post Brexit furore. The real impact, if there is to be one, of Brexit is likely to be some three years away when our exit from Europe will actually takes place and it looks as though the market will conform to the usual drivers of supply and demand, affordability and availability of money in the interim.

Tony Ryan

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