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PROPERTY OF THE WEEK – 16a Borrage Lane in Ripon

WELL-PRESENTED MID-TERRACE HOME WITH THREE BEDROOMS, SITUATED ON THE POPULAR BORRAGE LANE IN RIPON

 

Borrage Lane is a quiet no-through road with good access into the city centre and just a short walk from the main bus route.

Viewings are advised, to see the light and airy space this property has to offer.

  • Three Bedroom Terraced Home
  • Light and Spacious Dining Kitchen
  • Master Bedroom with Balcony
  • Contemporary Bathroom
  • Tastefully Decorated Throughout
  • Well-Maintained Gardens to Front and Rear
  • Garage
  • Private Off-Street Parking
  • EPC Rating – D

 

To arrange a viewing of this lovely home, please contact our Ripon Office on 01765 694800

 

To find out further information, please click through to OntheMarket

SALES OFFER 2019 – Spring into Action with Joplings

Spring 2019 Sales Commission Offer!

 

Your property must be For Sale with Joplings, prior to the end of April 2019!

 

Contact our Ripon office on 01765 694800 or our Thirsk office on 01845 522680, to arrange for a Market Appraisal of your property.

 

 

Contact Joplings at #Thirsk on 01845 522680 or #Ripon on 01765 694800 to arrange your Market Appraisal.

Posted by Joplings on Friday, 15 March 2019

Spring into Action with Joplings

Have you made the decision to sell your home this year? 

 

Why not use your local Guild of Property Professionals’ Agent for the Ripon and Thirsk Area and Spring into Action with Joplings!

 

Contact our Thirsk Office on 01845 522680 or our Ripon Office to arrange your Market Appraisal.

 

Spring into Action with Joplings

 

 

*** FEE FREE *** Mortgage Advice Service

London and Country Mortgages

 

Whether you are a First Time Buyer, Buy to Let Purchaser, moving to your next home or wanting to remortgage your property, as part of The Guild of Property Professionals, we have been able to join with L&C Mortgages Ltd to provide FEE FREE MORTGAGE ADVICE! and there are a wide range of mortgages available.

Just click on our L&C mortgage finder to get started …

 

If you would like to find out more about the mortgages L&C have on offer, please click through to their mortgage calculator …

 

 

 

 

 

 

 

 

Property of the Week – POTW – 14 Whitcliffe Crescent, Ripon

PROPERTY OF THE WEEK – POTW

We are delighted to be selling as our POTW, a semi-detached bungalow with two double bedrooms situated in the popular south side of Ripon on Whitcliffe Crescent. The property has been a well-loved home but is now in need of some modernisation. Click through to OnTheMarket. com for further information – https://www.onthemarket.com/details/6266332/

The property benefits from a good-sized garden which has scope and potential for the further development of the property, subject to the necessary planning consents.

Contact our Ripon Office on 01765 694800 to arrange a viewing.

 

Property of the Week – 4 Clarkes Croft

4 Clarkes Croft is situated in the village of Dishforth between Ripon and Thirsk.

To find out more about Dishforth Village click through to their website.

For further information about 4 Clarkes Croft, visit our website or click through to … OnTheMarket.com

Contact our Ripon office on 01765 694800 to arrange your viewing
of this lovely property in the pretty village of Dishforth.


Guild Blog: Buyers Remorse – Are you buying the right home for you?

 

While most people aspire to become homeowners, research has revealed that around 80% people who have purchased a property have at least one noteworthy regret regarding their home buying decision. Staggering numbers considering buying a property is often the largest financial decision a person is likely to make in their life time. 

 

So why do so many people have something they regret after they buy a home? According to data compiled by an online estate agency, it takes people an average of 38 minutes to decide on the home they want to buy. Around two thirds of home buyers will view a property twice before making an offer, while some make an offer after seeing the property just once. Making a large financial decision in less time than it takes to prepare the average dinner could result in a few issues.

It is easy to get caught up in the emotional aspect of buying a home, which could lead to you possibly overlooking certain key elements. It is often only once you have moved in and everything settles down, that you start to see things you might have previously only glossed over or missed. If you are not fully prepared and do not have an idea of exactly what you are looking for, it could be easy to miss something or make an incorrect decision.

 

Here are a few tips you can use to avoid regretting your purchase:

 

Separate the needs from the wants

Before you set out looking for the ideal property, make a list of what you need and what you want. Make the must-have a priority and note the features or aspects you are willing to compromise on.

 

Keep focused

It’s important to remain focused on your must-haves and not get distracted by your wants.  A property might tick many of the boxes on your wants list, but if it does not meet your main objectives – it can’t be the right home. It is likely that you will stay in the property for at least a few years, which means dealing with your compromises for that long. It is better to rather make the right decision upfront, than have to deal with living in a home that just isn’t right.

 

Look at your finances, and then check them again

Often one of the main reasons that buyers have regrets is the unexpected costs of owning a property. It is vital that you calculate what you can afford considering all costs such as council tax, insurance, service charge, maintenance and ground rent if the property is leasehold.

The bank, mortgage lender or professional financial adviser will be able to provide you with a list of costs that you can expect to pay when purchasing a home.

 

Get another opinion

Hire someone to have a look at the property to give you an idea of the type of repairs you may need to address and budget for beforehand. If you don’t want to hire someone, at least have a trusted friend or family member have a look at the property to give you an unbiased, objective opinion.

 

Make sure you choose the right solicitor

All the legal aspects of buying a home will be handled by a solicitor or conveyancer. It is vital to choose and work with a solicitor that you trust and feel comfortable with, rather than one you have been forced into using by the agent. A good solicitor will ensure you are kept informed and will help guide you through the home buying process. The service you receive from your solicitor can make all the difference in how easy or difficult the all experience is for you, so choose carefully.

 

Don’t engage in a bidding war

Competition from another prospective buyer could make the property seem more attractive than it is and could lead you to put in a higher offer. However, it is important to remain focused on the main objective, which is finding the right home and not winning a contest. Rather walk away from the deal, than overpay. A higher price will mean a larger deposit, higher fees and thousands in additional interest on a larger mortgage. Another downside is that it will take much longer to build up any equity.

 

Buying a home is the largest financial decision that most people will make in their lives. While finding the right home will be an emotional journey, remember to keep things in perspective and focus on what matters most.

 

To find a home you won’t regret, visit www.guildproperty.co.uk  

Guild Blog: What are the 10 biggest turn-offs for home buyers?

Pink cottage on the South West Coast path as it passes through Empacombe Quay at Mount Edgcumbe in Cornwall

When it comes to selling your property, making a good first impression is imperative. Our Guild agents share their expertise and identify the top 10 biggest turn-offs for prospective buyers and how to avoid them.

 

1. Clutter

Clutter is not only distracting, but it could indicate that the property does not have adequate storage.

Nick Manson from Mansons Newcastle upon Tyne said: “De-cluttering is a great way to increase your chances of completing a sale, but that doesn’t mean that you have to part with your prized possessions. You can box them up and store them in the loft or garage. If this is not an option, ask family or friends to store them. Failing that, there is always the option of self-storage.”

Creating a clutter-free, minimalistic environment will help buyers visualize themselves living in your home. Additionally, too much furniture can make a property seem a lot smaller than it is.

 

2. Smells

No matter how pleasant your home appears, persistent odours such as the smell of pets, cigarettes, or pungent food can be detrimental when it comes to selling your property.

Simon Bradbury from Thomas Morris Cambridgeshire explains: “An unpleasant odour is sure to put off a prospective purchaser or tenant. Whether it’s the whiff of stale food, pets or even something more… ‘human’… make sure that your property is free of unwanted smells. Ask a trusted friend to give your home a ‘sniff test’!”

It’s better to be safe than sorry, so we suggest opening your windows to air out your property before a viewing and use air freshener or light a candle to ensure your home doesn’t smell unpleasant.

 

3. An untidy exterior

Overgrown, unkempt gardens are a big no-no. Abby Wheeler from Keats Estate Agents Haslemere said: “The first thing viewers see is the exterior. Ensure your bins are not overflowing and your pathway is weed free. Do whatever you can to make your home feel inviting from the outset. Don’t forget, our viewers have probably already done a drive-by before making an appointment.”

 

4. Noise

Most people expect their home to be a place of peace and tranquility. It may not always be preventable, but there are steps you can take to reduce unwanted noise from your property.

Mandy Thomas from Keats Estate Agents Haslemere said: “Upgrade your glazing or install sound proof fencing. Alternatively, try to avoid organising viewings at busy times of the day such as rush hour, when traffic will be particularly bad.”

 

5. No natural light

Light and warmth are two of the most important factors to attract a buyer for your home, especially in the colder months of the year. Angie Kraft from Simmons & Sons Henley-on-Thames explains: “A cold or poorly lit home can be an instant turn-off  to potential buyers by making the property appear dingy and dark in places. If this is the case, it gives the impression of a house that is unloved and uncared for.”

Resolving this issue can be simple. Philip Trollen from Keats Estate Agents Haslemere said: “Natural light is very important as dark rooms are always off-putting. Ensuring the room is well lit, whether that be naturally or with staged lighting is quite simple to do. Make sure the curtains are open and remove those net curtains!”

 

6. Bad décor

Avoid controversial or quirky décor in your home as it is not to everyone’s taste. What you think is retro, others may consider dated. Bold colours and patterns can turn-off a prospective buyer, as it is important for them to see themselves living there and décor plays a huge part in this.

Simon Miller from Holroyd Miller Wakefield said: “Replace heavily patterned retro carpets, when purchasers are greeted with such a carpet all they see is decades of dirt and grim – I can guarantee the viewer will want to leave as soon as they’ve stepped through the door.”

 

7. Nightmare neighbours

Nobody enjoys noisy or messy neighbours, especially not a potential buyer. This is something you cannot change, but it is something you can manage. Whether their garden hasn’t been cleaned in years, or their pet dogs incessantly bark, get to know your neighbour and perhaps they may be able to help. If all else fails, organising viewings for when they are not home might be beneficial, too.

 

8. Poor presentation

Poor attention to detail such as: flaking paint on soffits, grubby kitchen units, tatty net curtains, unemptied ashtrays and nicotine stained walls are taken into consideration when viewing a property.

Lizanne Simmons from Penny & Sinclair Oxford said: “First impressions are massive and we often find ourselves apologising for the sights of the less cared for properties. We always arrive early to a viewing to open the windows, curtains, close the lids to the toilets and pull a duvet into position here and there.”

Simon Bradbury from Thomas Morris Cambridgeshire said: “Dirty kitchens or bathrooms are not a nice thought and certainly not something that a viewer will want to see. My best advice: have the property professionally cleaned before going to market.”

Small and affordable fixes such as: freshening up the paint work, or having your home professionally cleaned will make a world of difference and worth it in the long run.

 

9. An unexpected problem

Martin Moore from Morris Marshall & Poole Mid Wales said: “There is nothing worse for a viewer than turning up to find there is a significant issue with a property which they were not aware of such as a structural defect, a problem with something in the neighbourhood or compromised accommodation. It is a wise precaution to maintain compliance with Consumer Protection Regulations, but it also makes good business sense – the viewers are more trusting of us and willing to discuss the issues and the available solutions.

 

10. An over zealous vendor

It is common for a vendor to want to take part in the viewing or show off their DIY aspects of the property. However, vendors being present at viewings may not always be a good thing.

Stephen Ingram from Penny & Sinclair Oxford said: “A seller that follows the viewer around is never well-received. With the best intentions, those scenarios always highlight why it’s best to leave it to your agent.”

Take a step back and let your agent do the work, it is their job after all and you will thank them later.

 

Are you looking to sell your home? Contact your local Guild Member for help through the moving process.

Guild Blog: Top tips to sell your home faster

sell your home faster

Moving home is a complicated process, and so getting it right is crucial. Whether you are a first-time buyer, or an experienced home owner, here are our top five tips to help you sell and move in as quickly as possible:

 

1. Fail to prepare, prepare to fail

Preparation is pivotal to selling your property. Make sure your photos are done, have all your paperwork in order and be prepared to accept viewings.

 

2. Make sure the price is right

This may seem obvious, but ensuring your property is priced correctly and competitively will save you time in the long run. Your agent will give you the best advice based on the market and current demand.

 

3. Perfect presentation

To ensure your property is presented properly: make sure your home is well lit, de-cluttered and sparkling clean.

 

4. Choose a mortgage provider

A mortgage provider can talk you through the steps of getting a loan and calculating how much you can afford for your property. Your estate agent can put you in touch with the right mortgage provider, or you can do the research yourself to find the best for you.

 

5. Find the right solicitor

The more efficient your solicitor is, the quicker the process will be. Make sure you provide all the necessary identification and initial paperwork so that your solicitor can prepare in advance. You could save yourself a lot of time and energy.

 

If you are looking to sell your property, contact your local Guild Member today.

Guild Blog: How to Renovate on a Shoestring Budget

Wanting to make a good impression and make your home stand out in the crowd doesn’t have to cost the earth. There are numerous budget-friendly ways that you can use to make your property more appealing to potential buyers and increase your chances of selling for the highest possible price.

Wanting to make a good impression and make your home stand out in the crowd doesn’t have to cost the earth. There are numerous budget-friendly ways that you can use to make your property more appealing to potential buyers and increase your chances of selling for the highest possible price.

You can make a big impact without spending big money, too. Subtle, well-thought-out and inexpensive updates are sometimes all that is needed to make a lasting impression and give you the edge in the market.  Here are some budget-friendly updates you could do before listing your home: 

 

Start with a renovation checklist 

Before doing anything else, walk through your home and visit each room to make a list of what needs to be repaired or replaced. It’s might be difficult, but try to be objective, focusing on how buyers would view your home. A second opinion from a friend or family members could help during this process. Look for outdated styles and fixtures, bold patterns and colours, unfinished projects and over-cluttered cupboards or countertops. Consider which elements showcase the home in its best light and what doesn’t. Once the checklist has been established, the next step is to set a budget and make time to complete the tasks.

 

First impressions count

It takes people just 15 seconds to decide whether they like a house or not. That just highlights the importance of making a good first impression. A buyer’s impression of your home is not only formed by what they see on the interior but starts from outside the property walls. People passing by will judge whether they want to have a look at the property by the way it looks from the street. Curb-appeal is vital and contributes to the success of attracting buyers. Start maintenance outside the property and work your way inside. Basic updates such as painting or refinishing of fences sheds and garage doors, cutting the grass and planting some flowers can improve the look of a home from the outside. 

 

Use transitional styles

Every home will have a style that is as unique as the people who own it. Ideally, you want to incorporate modern aspects into the home without losing its character and warmth. A transitional style walks the line between traditional warmth and homeliness, and the clean lines and subdued tones of a contemporary look. You want to tick the ‘just right’ box – not too cold or formal and not too fussy. 

 

Kitchen and bathrooms are key

As some of the most frequently used areas in any home, the kitchen and bathrooms will be a focal point for buyers. Pay extra attention to these areas to ensure they are fresh and look great. Things such as stained shower stalls, broken or missing grout and leaky taps or dated cabinet hardware are easily replaced at minimum cost. Exposed pipes in the bathroom can be boxed in and hidden. 

If laminate on kitchen doors is warped, there are companies who will re-laminate the kitchen doors and carcasses for a fraction of the cost of replacing them. A fresh backsplash is also a great way to update the look of the kitchen while giving the impression of a much bigger renovation. A new kitchen backsplash is surprisingly affordable and DIY-able.

 

A fresh coat

A new coat of paint is an inexpensive way to revitalise the home, especially if you have the skills to do the job yourself. Paint can breathe new life into a dated space and can be used in a variety of applications on walls, doors, cabinets, fixtures and even tiles. It is best to stick to a neutral muted colour palette when deciding on which paint to select, as these colours will appeal to the largest number of people. 

 

Replace or repair skirting boards

It is possible to repaint the skirting boards, but sometimes they can be over-painted and in need of a refreshed look, especially next to repainted painted walls or new carpets. At approximately £1.25 per metre, it’s a cheap fix and there are online companies offering a wide range of styles, meaning you can match styles with any skirting boards you wish to keep. 

 

Replace internal doors and door handles 

If your property was built in the ’70s and you still have the original doors and handles, then they are nearly 50 years old. It’s safe to say that these types of doors and handles will not be coming back into fashion anytime soon. Handles cost as little as £7.99 each, while a door will cost around £46.99 depending on the style and material chosen. 

 

Put up new window coverings

New window treatments can enhance a room without requiring much effort. You can find reasonably priced and easy-to-install shades, curtains, and rods at stores such as IKEA.

 

Light switches and electric sockets

Another cheap but highly effective update, replacing the light switches and electric sockets won’t break the bank but will bring the home into this century. A switch will cost around £1.32, while a socket will set you back approximately £3.89. Think safety first – always employ a professional when replacing electrical elements.

 

Repair failed double-glazed windows

While a blown double-glazed window was once very expensive to repair, this is no longer the case. There are many specialist companies who can remove moisture from inside the failed double-glazed glass, clean and re-seal your windows for a fraction of the cost of buying new double glazing.

 

Hang wall art

The look of a room can be completely changed simply by hanging artwork. Before making holes in the wall, layout the artwork on the floor to get the right arrangement if there are more than one or two pieces. Markets, antique stores and second-hand shops are great resources for finding expensive gems.

 

Updating your home doesn’t have to be expensive or difficult. By making these small changes before listing a property, you are giving yourself the best possible chance of setting your home apart. 

To find other budget renovation tips check out our video on ‘How to upgrade your home for less’. 

Guild Blog: Top 10 Ways of Adding Value to your Home

We all want to add value to our homes. After all, property is one of the best investments so why not make the most of it. The rule of thumb when it comes to adding value is to utilise what you already have. Any additions that are too costly might not bring you much of a return when you sell, so work with the space and think how it could be transformed to make it more useful.

Top 10 Top Tips to Add Value

Here’s a list of some of the most worthwhile alterations and additions that can add great value to properties. Remember, it’s important to think about who the most likely buyers are and to go for improvements that will be most beneficial to them.

Remember to always find out how much your property is worth before adding value!

Utilise the garden

Although large gardens are becoming less and less attractive, as a nation, we do value the addition of outdoor space. Making your garden feel like another reception room could add heaps of value to your property, especially if it’s currently somewhat neglected. Simply adding decking or a patio can turn a garden into a great entertaining space. Summer houses are other welcome additions, especially when staged as an extra room to enjoy.

Make the most of the garden space you have!

Whether you have a big garden or not, first impressions count! So, if you’re selling your property you need to give the garden space that much needed curb appeal in order to gain the right attention! Even simple things like tidying up the lawn or sweeping up the leaves make all the difference – Here is a list of top ways to add value to your garden.

Convert the garage

Most people would prefer an extra reception room to a garage. If you have permission to do so, then you could convert the garage to add a square footage to your home. Depending on where your garage is located, they can make fantastic playrooms for children or home offices. It is important to utilise the extra space you have. Any added space is better than nothing!

Loft conversions

The loft is another often unused area of potentially functional pace in a property. Most houses don’t require planning permission to convert the loft and they make really stunning rooms. Plus, they’re reported to add up to 20% onto a property’s value. More about the importance of checking loft insulation, boilers and windows.

Add parking space

Having somewhere to park the car is a big plus for most buyers. In 2014, 29.6 million cars were registered for use in the UK, which is a 9% increase on the previous year. We clearly do like our vehicles and parking spots are becoming even more scarce, making them especially valuable. Even if your buyers don’t drive, they will value the space for when family and friends come to visit. If you don’t already have parking but do have a front garden, consider paving part of it to create off-road parking. You might have to apply to have the kerb dropped, but it’s still well worth investigating.

Conservatory

Conservatories are another great way of adding square footage to your property. Consider adding one next to your dining area or kitchen to increase the size of this hugely appreciated space. And make sure you keep it at a comfortable temperature as any rooms that are too hot or cold could put buyers off.

Kitchen renovations

Kitchens are the heart of the home and there’s nothing more appealing than a big welcoming room in which to cook up a feast and entertain. If you only want to improve one room, then definitely concentrate on the kitchen and  add a few wow-factor touches to really make it stand out. Read more about renovating your kitchen on a budget.

Add an extension onto the kitchen

Expanding the kitchen onto the side and to the full width of the rest of the property means that you will gain valuable space. As previously mentioned, a big open plan kitchen presents a warm welcome and inviting environment – which is guaranteed to add value to your property in the long run.

Bathrooms

After the kitchen, your bathroom should be next on the list for an overhaul if it’s looking dated. Opt for a crisp white suite so it appeals to lots of people and add a few ultra-stylish features to make it a room to remember. This can be an expensive investment, however, if it’s something that needs doing then it becomes a necessity.

Central heating

It might seem obvious, but adding central heating to a property that doesn’t already have it will really help to increase its value and appeal. It’s considered essential and buyers could try and offer less money if they need to get it installed.

Fix problems

At the very least, make sure you fix any structural problems before you put your house on the market to maximise your chances of getting your asking price. If your property is structurally unsound, buyers are likely to use this as leverage to negotiate as they will know they will have to invest money upfront fixing those problems.

Eco-Friendly

Making your home more environmentally friendly with the likes of solar panels, wind turbines and good insulation can increase its value. If your home is cheaper to run, it will stand out in the property market and you can usually add a premium to the price.

If you’re looking to add value to your property so that you can sell your property and buy a new home, then make sure you read our top tips for buying a property guide.

Like this post? Read more on this topic here.

Guild Blog: Golden Principles for Buying Property

Not all property purchases are equal. While one property investment could be the foundation to building wealth, another could be a monetary black hole. What is the difference between the two?  To ensure that you are making the most out of your property purchase, it is vital to be well-informed, savvy and make the right buying decisions from the outset. The choices you make during the property buying process will have a significant impact on the potential return on your investment in the long term.

 

Simply purchasing a home at what is considered a fair market value will not guarantee that you will see good returns in the future. Here are a few golden principles that you can apply to any property acquisition:

 

Do the research and ask questions

The first step is to decide whether you are purchasing the property as a home to live in or for investment purposes. This decision will have a bearing on how you will approach the purchase. If you buy the property with the intention of living in it as your primary residence, the decision-making process will be far more emotionally guided. In this instance you will consider aspects of the property and the surrounding area that appeals to you personally. However, if the property is for investment purposes, it is more important to research what appeals to possible tenants in the area and who the tenants might be.

Although it is possible to find a lot of information about an area online, nothing can replace checking out the location in person. Take the time to drive around the area and walk the streets. Consider what the traffic is like and who your potential neighbours could be, as well as the local facilities and amenities. Local estate agents will also be able to provide you with information regarding the local property market and recent stats and figures of sales in the area.

 

Keep it simple and stick to the basics

Irrespective of the property market phase or external factors such as Brexit, sound property buying principles remain true. These include the property’s location, the value per square foot and the potential rental yield. These factors will always be the key criteria to base your decision on.

 

Subtle variances can have a large bearing

Never underestimate the importance of location. Two homes can have the same features but have very different values depending on their location. For example, the average house price can vary by as much as £500,000 from one tube station to another in London, so it might be worth sacrificing a few extra minutes on your commute. It is even possible for homes to have different values based on which side of the street they are on. From an investment perspective, purchasing the worst home in a sought-after area is better than buying the best home in an area that is not as appealing.

If you are buying with the intention of letting the property out, you will need to consider that different aspects will be attractive to different people, so discovering your niche market is essential. As an investment buyer, you should also look at how many other rental properties are available in the area before you buy. The rental sector is driven by demand, and an investment could fall flat if there is an oversupply of properties available for rent in the area.

 

A plan is paramount

If investing, it is important to think about what you would like to achieve with your property portfolio and what needs to be done to get there. If you are buying a home to live in, it is essential to think about where you would like to settle for the next five to ten years.

Having a clear plan in place will help you remain focused and will give you something to work towards. Never limit your thinking to what you can afford right now, but rather what will be possible for you in the future.

 

Get rid of debt

Access to finance is a key element to any property transaction. While around 30% of buyers can buy a home in cash, most buyers will require a mortgage to purchase a home. To increase your chances of getting a mortgage approval, ensure you have a favourable debt-to-income ratio and keep a clean credit record.

It is also vital to have a deposit of between 10% and 20% of the purchase price of the property, as well as additional funds for solicitor’s fees, stamp duty and various other costs associated with purchasing a home.

 

A home is more than bricks and mortar

Although a return on investment is often at the core of every property buying decision, there are other aspects to be considered. The basic principle of purchasing a property is that if you wouldn’t want to live in it, it’s not likely many others would either. The property should appeal to you and you should want to own it.

 

If you are looking to buy a home you’ll want to own contact your local Guild agent.

Property of the Week: 5 Deep Ghyll Croft, ripon

Are looking for a family home with versatile living accommodation? We could have the home for you …

Built in 1972, 5 Deep Ghyll Croft is a Family Home situated in a quiet cul-de-sac. This property has Three Bedrooms, the Master Bedroom having an Ensuite Shower Room. The property benefits from both an extended Dining Room and a further Sitting Room/Ground Floor Bedroom, both having access on to the Rear Patio Garden.

 

Click through to OntheMarket for more information regarding this property – https://www.onthemarket.com/details/6156300/

 

Call our Ripon Office now on 01765 694800 to arrange your viewing.

 

Guild Blog: Making the right purchase for you!

Research has revealed that around 80% of homeowners have at least one noteworthy regret regarding their home buying decision.

 

Here are our five top tips to ensure you make the right choice while on the hunt for your next home:

 

1. Focus is key

A property may appeal in terms of your wants, but not necessarily tick the must-haves boxes. Make sure that the property meets your main objectives otherwise it can’t be the right home for you.

2. Find the right solicitor for you

It is imperative that you choose and work with a solicitor that you not only trust but feel comfortable with too. A good solicitor will keep you well-informed and will guide you through the buying process. The service your solicitor provides can dramatically alter your home buying experience.

(Ripon and Thirsk both have local solicitors who will help you purchase or sell your property.  Please do not hesitate to pop in and ask us who we would suggest)

3. Get a second opinion

Whether you have a close friend or trusted family member, it always helps to get a second, unbiased opinion. Better yet, hire someone to look at the property to give you an idea of the work that will need doing once you move in.

4. Check your finances

There are various unexpected costs of owning a home. Make sure you calculate what is within your budget, taking costs such as council tax, insurance and service charge into consideration.

5. Don’t engage in a bidding war

Focus on finding the right home for you, and don’t get caught up in a bidding contest. Walk away from the deal if it gets out of hand to ensure you don’t overpay. Remember, a higher price will mean a larger deposit, higher fees and thousands in additional interest on a larger mortgage.

 

Are you looking to sell your home? Contact your local Guild Member for help through the moving process.

Guild Blog: How to Know if you are Ready to Buy a Home

Getting into the property market and owning a home is a milestone that many aspire to. Buying a home can have an impact on your financial situation for the rest of your life. However, while the idea of owning a home is exciting, it is vital that you only take that step when you are completely ready to do so. This is because being a homeowner requires desire, sustainability and a long-term financial commitment.

 

Aside from finding the ideal first home and dealing with the sometimes-complicated home-buying process, there are other elements to consider and contend with, such as other buyers.  There are several aspects that need consideration from both a financial perspective and an emotional standpoint before making the decision to purchase a property and knowing that it is the right time for you.

 

Here are a few pointers to think about before making your final decision:

 

Are you settled and ready to put down roots?

Buying a home often requires a deposit, mortgage costs, solicitor fees, insurance premiums and maintenance costs. For this reason, it rarely makes financial sense to purchase a property for a short period. Depending on the market, it can take between five and seven years to build up some real equity, so buying only makes sense if you are planning to stay in the house for at least that period.

 

Are your finances in order?

There are buyers who can afford to buy a property in cash, but most still require a mortgage. Before applying for a mortgage, you need to focus on minimising your expenses and paying off debts to create as much expendable income as possible. The last thing a prospective lender wants to see is that you owe a lot of money on credit cards or outstanding loans. Paying off your debts will demonstrate that can manage your finances.

Remember, credit scores matter, so get a copy of your credit report to see what lenders see when they review your application. If need be, there are lots of simple things you can do to give your credit score a boost, such as checking you are on the electoral roll.

 

Are you thinking of switching jobs?

Lenders want to see the you have been with your employer for a while before they are willing to give you a mortgage. This means that you can either wait until you have a mortgage and then move jobs, or delay buying a home and settle into your new job before applying. Usually you will have to have been with your new company for at least three to six months before approaching a lender for finance.

 

Do you have the savings in place?

You can’t separate savings from homeowner readiness, they go hand in hand. Home buyers are required to put down a deposit and the more you can the better. Having a large deposit will increase the number of mortgage choices available to you. Lenders will reserve the best rates for people with big deposits, so you will benefit from a lower monthly payment.

A deposit is not the only aspect to consider when it comes to savings. You will also require money for any updates or renovation to the home, possibly some new furniture and appliances and moving expenses.

Transitioning from a tenant to a homeowner means taking on the full responsibility for the property. If anything in the home requires repairs or maintenance, the buck stops with you. For this reason, it is a good idea to be financially prepared by having a contingency fund in place to be able to deal with any repairs as and when required.

 

Is it the right time?

Timing is a crucial aspect to homeowner readiness. Ideally you want to be ready to buy, but also be able to wait if necessary. As a tenant you don’t want to have another six months left your lease and lose out on the right home, Conversely, you also don’t want to rush with only a month to find a home.

Purchasing a property is a big decision – it is never good to rush into it without giving it the consideration it deserves. That said, it is also not ideal to hold back too long and let an opportunity pass by because you are not prepared.

 

Be realistic

One of the signs that show you are ready to own a home is understanding it is not always going to be easy. Being a homeowner takes time, effort and money. However, even though there are likely to be a few challenges you face along the way, the result is a home that you can call your own.

 

Ready to be a homeowner? Let one of our agents help you.

Please call in to discuss your requirements - our friendly staff are always happy to help

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