Sellers? Commission a survey? It’s not as silly as it sounds. Issues identified in a buyer’s survey are some of the most common reasons why a sale collapses, asking prices are negotiated downwards and delays occur. Sometimes it pays to be forewarned and sellers can do this by ordering their own surveys. Here are some helpful Q&As for those concerned about the condition of their property or who want to avoid the unexpected.
Have you ever watched Homes Under The Hammer – the TV show that follows the fortunes of people who buy property and usually make a profit from it? Recently, there was one outcome so good that it made the online edition of a national newspaper.
When you invite people into your home – whether that’s someone coming to take marketing photographs, prospective buyers or even a surveyor – all eyes will be on the condition and décor.
Viewing a house or a flat is one of the most exciting – and important – aspects of moving home but how you approach the visit can differ, depending on whether you’re renting or buying. Unlike tenants, buyers will be responsible for every inch of the property, therefore any repairs will be their sole responsibility to fund and fix.
The average five-year fixed mortgage rate fell below 6% for the first time in seven weeks on Tuesday, and remained there on Wednesday, the financial information service Moneyfacts said.
There are definitely shades of psychology behind buying and selling property, with ‘love at first sight’, ‘gut feelings’ and ‘the heart ruling the head’ coming into play when making decisions. For sellers, how your home makes a potential buyer feel could be the difference between an offer and a ‘thanks, but no thanks’.
The relationship between parents and their children is commonly lifelong but there comes a time when the apron strings are cut and the brood flies the nest. It’s a stage in life when many parents, perhaps reaching retirement age, make a number of lifestyle changes.
Despite rising inflation, interest rates and general cost of living, Barclays and a handful of other banks are predicting that house prices in the UK will continue to grow.
Barclays said on Wednesday that while higher interest rates are expected to adversely impact housing markets in major economies, house price growth should remain “positive over the forecast horizon.”
There can’t be a seller in the land that doesn’t want their property to sell for the highest price. Although a lot rides with the buyer, their budget and how much they’re prepared to pay, sellers can help themselves when it comes to achieving as close to the asking price as possible.
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