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Guild Blog: Can your garden add value to your property?

Can your garden add value to your property?

 

Many people forget the first impression comes from the garden. Watch the video below, to get ideas and tips to help sell your home this summer, as well as make your garden a more enjoyable place to be.

 

We would love to see some photographs of your outside space.  Please email them to vicky@joplings.com or Direct message them via our Facebook or Twitter page.  Please let us know if you are happy for us to share these on Social Media.

 

 

1. Decluttering the garden can add value. Always start with tidying and give your lawn a fresh mow and tidy up any weather damage before a viewing.

 

2. Add some seasonal colour, like plant pots filled with flowers. This will add perceived value.

 

3. Start in the front garden, because this is where your potential buyer will start. The first impression counts.

 

4. Add a key selling point, like a summer house, play park or a jacuzzi if you want to turn your garden into a fantastic reason to buy the house. This requires major investment, but it could secure your sale.

 

5. If you’re looking to spend less, don’t underestimate the impact of a coat of paint on fences and sheds.

 

6. Style your garden with furniture. You wouldn’t show a room to a potential buyer without any furniture in it, so why show a garden without a table and chairs on the decking or patio?

 

7. If your home is overlooked, it’s a good idea to give the idea of privacy to the garden. If it isn’t too expensive, add hedges or trees in key spots.

 

Are you looking for a new home with a beautiful garden? Contact a Guild Member today.

Guild Blog: How to get more from a Property Viewing

Are you getting all you should from your viewings?

 

Most property viewings happen in the first month of marketing a property. What can you do if your home isn’t attracting much attention? 

Here are five tips to make sure your property has more viewings in 24 hours. 

 

1. Run a social media campaign 

Ask your agent to boost your property on Facebook. They will be able to target people who live in your local area to generate attention. Make sure people can easily book a viewing from the post. 

 

2. Host an open house 

Set a date for an open house and invite interested people to attend. Most open houses run from about 11am to 1pm on a Saturday. You could get up to 30 people through the door on just one day. 

 

3. Stage your home 

Are your interiors inspiring? Hire a homestaging firm to help declutter and present your home in the best possible light. This is particularly important if your property isn’t furnished. 

 

4. Reduce the price 

This is a big decision, but a reduced price will get a lot of new attention. If you need to sell quickly, this is a good option. 

 

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

Guild Blog: Up-andcoming areas in 2019

It seems everyone is searching for the next up-and-coming areas to move to but how do you find the next budding hot spot?

 

Is it the development of transport links, good schools or just an expansion of the city?  We asked Guild Members to identify key areas around the country that are rising in popularity.  From Croydon to Cardiff, here are the up-and-coming areas in the UK for 2019: 

 

1. Jeff Dowton, Managing Director at Smart Property Online

St Leonards-on-Sea, Hastings:

“This seaside resort may seem an unusual place to nominate for best ‘up-and-coming’ area, but it has a number of impressive features. The main attraction is the potential of the ‘commute to property price’ ratio. Hastings to London Cannon Street takes 1hr 40mins, but with recent changes in the planning stage for improvements to the Ashford line, this journey to London Stratford will potentially reduce to 60mins. This will have a dramatically positive effect on house prices and businesses in the local and surrounding areas.

Recent road improvements and new housing developments, together with local re-generation projects have transformed this forgotten sleepy seaside fishing village into a hub for opportunity. Over the past few decades, Hastings has retained much of its enviable historic past whilst undergoing major surgery to its seafront facades and its splendid Victorian squares.

And let’s not forget the sunshine! Hastings’ annual hours of sunshine average 1,871 hours. It is one of the top five towns in the UK.”

 

2. Darren Cray, Managing Director at Cray & Norton

Croydon, London:

“If you’re looking for one of the most up-and-coming places to live in London, then look no further than Croydon. Aiming to be London’s future borough of culture, Croydon has big plans and with huge amounts of investment, the area will soon be one of the most exciting places to live in the UK.

The £1.4 billion-pound Westfield project will create up to 7,000 new jobs in the borough and put the spotlight on the area. Certainly, the shopping centre will make the atmosphere of Croydon thrive more than it already is.

With new developments and plans, like the second tallest building in the UK to be built towering over Canary Wharf, there is a range of choice in terms of the tenure of property somebody can buy or rent. Below average house prices and superb transport links around London are a great mix, making Croydon a haven for first-time buyers and investors.

The near to 400,000 population means that new restaurants and facilities are constantly opening and succeeding. More unusual businesses have even opened including a virtual reality café on the high street giving people a range of choice.

In recent times, Croydon has been seen by many as the street art capital of the city. You can find fascinating pieces of street art at St George’s Walk which is now known as Croydon’s Arts Quarter. More than 100 murals cover this area and are always changing to keep the place full of life and spirit.

Being home to the premier league side Crystal Palace means there is always entertainment for football lovers and with Crystal Palace being based in and around Croydon tonnes of opportunity has emerged in terms of future development, available employment and facilities.

The iconic Fairfield Halls is currently undergoing a £30 million transformation. When reopened, the facility will host a range of live music, theatre shows, comedians, dance acts and events.”

 

3. Kelvin Francis, Managing Director at Kelvin Francis

Cardiff, Wales:

“Cardiff is one of the smallest cities – ninth in size in the UK – with a population of 357,200 as of October 2018. However, the city has a university population of 44,000 and its campus of 30,000 is one of the largest in the UK.

The city has many attractive features, including a fully developed bay area (former docks, at one time the biggest coal port in the world) with extensive leisure facilities.

Cardiff, which was occupied by Romans and Vikings is named in Welsh, Caerdydd, Caer (Fort) and Dydd (Taff) a river running through it.

There is Cardiff Castle, a Gothic design with extravagant interior and extensive grounds built on the remains of a Roman Fort. Cardiff Bay is fully developed with a large Marina, bars and eateries.

It has been the capital of Wales since 1955 and contains Wales Millennium Centre, home of the Welsh National Opera, Orchestra and dance companies. There is the Richard Rogers designed Senedd Building, containing the Welsh Assembly, providing Government of Wales.

The city boasts many parks and gardens, including Roath Park, centred on a large lake with boating and popular walks right around it. Cardiff Victorian Market offers a wide variety of goods and foods, and of course we have the Principality Stadium, with the facility for National and International games of Football, Rugby and with its closing roof, concerts as well.”

 

4. Simon Miller, Partner at Holroyd Miller

Wakefield, West Yorkshire:

“Wakefield is an up-and-coming district with appeal for those looking for affordable living, but with the luxury of excellent transport links and ease of access to Leeds. With a vast choice of property from new build, luxury developments, suburban retreats, country cottages, and trendy apartments, there is something for everyone, and more importantly something in-reach and accessible for most people.

Wakefield is commuter heaven! It is only two hours to London by train and minutes away from the M1 and M62 motorway network, and access to the rest of the country.

At the weekend, you can stay local and take advantage of Wakefield’s upsurge in independent wine bars, delis, restaurants and boutiques, or hop on a train to the vibrant and trendy cities of Leeds, Manchester and Sheffield where designer shops and cocktail bars await.

Another huge benefit is the surrounding countryside and access to outdoor pursuits. From country parks and stately homes to much more rugged pursuits in the Pennines, you can kick back, walk the dog in peace and relax in a country pub or hook up the mountain bikes to the car and enjoy the myriad of trails on offer.

We could write an essay on the plus points, but it’s safe to say it has a lot to offer.”

 

5. Mark Halliwell, Partner at Moore Allen & Innocent

The Cotswolds:

“The dream of owning a property in the Cotswolds once seemed the preserve of celebrities looking to escape London. But after years of sporadic and piecemeal development, a recent building boom around the larger villages and market towns of the Cotswolds has put a honey-coloured house within the grasp of more and more homebuyers.

Perhaps unsurprisingly, the Cotswolds was recently named one of the Top Ten places to live in the UK in the highly-regarded annual survey by the Halifax Building Society.

And while period properties with thatched roofs and Inglenook fireplaces are in short supply and high demand, the good news is that local planners continue to expect the highest standards from new-build developers.

New-builds are constructed in traditional building materials. Gardens are the rule, rather than the exception – individual properties are given room to breathe – and drystone wall boundaries are not as uncommon as you might think.

A few miles south of Cirencester, the capital of the Cotswolds, the large village of South Cerney has become a magnet for developers. Gravel pits once dug by aggregates firms have become the Cotswold Water Park – England’s largest wetland nature reserve. Homes with a lakeside view are not uncommon. Some even come with jetties!

The new research and development facility of Dyson attracts scientists, computer programmers and engineers to work on top-secret projects.

High levels of well-paid employment have nurtured business confidence in the area – the area’s independent coffee shops and restaurants continue to flourish, while businesses looking to capitalise on the leisure time of residents – particularly in water sports, country pursuits, and cycling – are thriving.

And despite its position in an area of outstanding natural beauty, the Cotswolds are remarkably well connected to larger centres. Motorways and good A roads put Bristol, Bath, Oxford and Newbury within a drive time of three quarters of an hour.

London is easily commutable too, thanks to regular and speedy train services to the capital from Kemble station. Average journey times of under 90 minutes will only improve with electrification of the rail line.”

 

6. Philip Jackson, Managing Director at Maguire Jackson

The Gun Quarter, Birmingham:

“In Birmingham city centre, the area hotly tipped for 2019 is The Gun Quarter which sits on the edge of The Jewellery Quarter. A former military and sporting gun manufacturing area, with roots going back over 400 years. The area is typified by former Victorian workshops, with new canal side apartment buildings filling in post-war manufacturing sites.

The construction of The Berkeley Group’s St Joseph’s branded development, Snowhill Wharf is now underway, comprising 404 new apartments. The renaissance started with the stunning Comet Works conversion in Princip Street by award-winning developers Javelin Block, and their success has encouraged other smaller developers as well as individuals to now make the area their home.

The district sits behind the acclaimed gothic revivalist St Chad’s Catholic Cathedral, designed by Augustus Pugin. The area is also very close to the handsome new office blocks of Snowhill, now home to various leading companies.

The Gun Quarter is an area that was once overlooked by many but is now seen as an obvious neighbourhood close to the larger, successful district, the Jewellery Quarter.”

 

7. Graham Butt Estate Agents

East Preston, West Sussex:

“The coastal village of East Preston is a superb location lying between the sea, English Channel and the A259. The area is easily accessible for Angmering station on the Brighton/Portsmouth coastway line, giving direct access to Gatwick and London Victoria.

Originally a thriving family community dating from 1087, the village retains much of the former character and has a strong community spirit centred upon social and educational activities.

The beach itself is a real gem, and at low tide provides a huge expanse of sand that’s dog friendly all year round. There is an abundance of leisure activities on your doorstep, with a good range of local shopping and annual Festival Week.

There are two golf courses in Angmering and others in Littlehampton and Worthing. Littlehampton harbour offers excellent sailing and mooring facilities together with riverside restaurants and bars.”

 

8. Frances Bowling, Assistant Manager at Moss Properties

Doncaster, Yorkshire:

“We have seen a surge of buyers from the South seek to relocate to Doncaster as they ‘can get more for the money’. We have also noticed an increase in southern investors looking for buy-to-let properties.

Logistically, Doncaster is very well-positioned. There is the M18 motorway & A1 motorways linking Doncaster to the North and South of England. Commuters can be in London King’s Cross train station in around 90 minutes on the grand central line.

We have the famous St Leger Festival at Doncaster Racecourse with a plush new Hilton Hotel. Yorkshire Wildlife Park expands year on year and has more visitors than Doncaster Sheffield Airport nearby. We have the iPort, home to one of the largest Amazon distribution centres and neighbouring DHL and Ikea warehouses.

The average house price here is £130,000!”

 

9. Andrew Lodge, Managing Director at Andrew Lodge Estate Agents

Farnham, Surrey:

“Farnham Town Centre is undergoing an amazing time of change with major redevelopments taking place in the East Street area of Farnham which is increasing interest in the town from prospective buyers and investors.

Currently, new major residential and commercial developments are being undertaken by Crest Nicholson, Berkley Homes and Farnham Estates which will change the face of the town centre and provide many new homes, some of which will be affordable housing.

Along with these new homes, there will be an influx of new amenities and recreational areas including shops, a cinema, and public spaces. It will be very interesting to see the East Street area regenerated for the coming years ahead.”

 

10. Mick Money, Proprietor at Money Properties

Wymondham, Norfolk:

“Wymondham is a historic Norfolk market town with an impressive Abbey situated 9 miles south of Norwich. The area offers easy access to the main A11 motorway for commuting to Norwich, Cambridge and London, with its own railway station with regular links to Cambridge and London, making it a commuter belt area.

It is believed that as many as 30% of all houses which are sold to commuters to Cambridge and London, enjoy more property for less money.

Historical points of interest include King Henry VIII’s Dissolution of the Monasteries which brought about the closure of Wymondham Abbey, which was surrendered to the King in 1538.

Kett’s Rebellion was a revolt in Norfolk, England during the reign of Edward VI, largely in response to the enclosure of land. It began at Wymondham on 8th July 1549 with a group of rebels destroying fences that had been put up by wealthy landowners.”

 

To find your dream home, contact your local Guild agent today.

SOLD, STC – Property of the Week – POTW – Leverets, Carthorpe

Leverets, Carthorpe

Leverets, in the village of Carthorpe is a well-presented detached bungalow encompassed by large gardens which include an outside barn/store.  The property has an existing staircase giving access to the loft area which with the necessary Planning and Building Regulations Approval could be turned into further bedroom accommodation.

*** DEVELOPMENT POTENTIAL ***
*** LARGE GARDEN/PLOT – FURTHER HOUSING POTENTIAL ***
*** BUNGALOW WITH POTENTIAL TO EXTEND ***
(Necessary Planning and Building Regulations Approval Required)

 

For further information, please visit our website property particulars.

To arrange a viewing, please contact our Ripon Office on 01765 694800.

 

Guild Blog: Stamp Duty for First-Time Buyers in 2019

In the Budget 2018, Chancellor Phillip Hammond announced that first-time buyers in shared ownership homes will pay no Stamp Duty on the first £300,000 of any property costing up to £500,000. The was made in retrospect back to the previous Budget in November 2017.  Before the announcement, first-time buyers were required to pay Stamp Duty on shared ownership purchases, despite the fact that first-time buyers were deemed exempt of paying Stamp Duty on a property that cost below £300,000.

Essentially, now whether in or out of shared ownership schemes, people buying their first property will not pay Stamp Duty on a home that cost less than £300,000.  For first homes under £500,000, you won’t have to pay Stamp Duty on the first £300,000, which will reduce the amount you need to save.

While the changes apply to first-time buyers in both England and Northern Ireland, they do not apply to buyers in either Scotland or Wales.

How does it work for first-buyers purchasing a home for £500,000?

If you are buying your first property in England or Northern Ireland, you will pay no Stamp Duty on first £300,000 and 5% on the proportional amount between £300,000 and the remaining balance up to £500,000.
For example, if the home costs £500,000, as a first-time buyer you would pay 5% of the remaining balance of £200,000, after the exemption on the first £300,000 has come into play. The equation would look like this:
£500,000 (Purchase price) – £300,000 (First-time buyer exception) = £200,000.
£200,000 x 5% = £10,000 (Stamp Duty payable)
As a first-time buyer, if you purchase a property for more than £500,000, you won’t benefit from any change and will be buying under the standard system. This also applies when purchasing a shared ownership property. If the property is worth more than £500,000, the exemption will not count even though you’ll own less than the full £500,000.

When does it start? 

These changes are in place now and came into place on the day of the Budget announcement in the Autumn Budget 2018. The changes will continue permanently.

Why has it been changed? 

This is designed to make it easier for more people to get onto the housing ladder. It will mean that first-time buyers will have to save slightly less before they buy a home.
It is hoped that it will make the property market move faster at all levels. As there should be more first-time buyers, it will encourage people to take a second step on the ladder, putting more homes on the market. This should help people moving both up and down the housing ladder.

What requirements do you have to meet as a first-time buyer?

If you’re buying with a partner, relative or friend, all the people buying need to be first-timer buyers to register for the discount. This means you will have never owned a freehold or leasehold interest in a dwelling before, and you must be purchasing the property to be your only or main residence.
This includes property all over the world, so if you have a flat in France, you won’t be able to be a first-time buyer in the UK.

What does this mean if your parents are going to jointly buy with you? 

If your parent that has previously bought a house is going to jointly buy a property with you, the sale will not be eligible for a discount. However, you could apply for a “joint borrower sole proprietor” mortgage with a parent. Read this article to find out more.

Does it apply to both leasehold and freehold?

The changes apply to people buying both freehold and leasehold properties, as long as the lease premium is under £40,000 and tax isn’t due on rent.  It all means that it should make it easier for first-time buyers to get on the property ladder and make the housing market move faster at all levels.

Are you thinking of buying a property? Click here to find your closest Guild Member.

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

 

 

Guild Blog: Is Brexit Keeping First Time Buyers Out of the Property Market?

Brexit and First Time Buyers

While the government has put several things in place to boost the first-time buyer’s market, the uncertainty surrounding Brexit and its full impact on the housing market, deposit requirements and property prices have left many would-be homeowners waiting on the sidelines for now.

 

Brexit

According to Chris Sawyer, Managing Director at Sawyer & Co, operating in Brighton and Hove, the area is showing evidence that Brexit is having a significant impact with first-time buyers. “We are seeing first-time buyers showing fragile confidence in the market, which is understandable given the gloomy picture that is painted,” he says. “Many have adopted a wait-and-see-what-happens approach. With an average house price of £400,000, even a small change to value can have an impact on the buying power.”

Brighton and Hove aren’t the only areas to be affected. Nick Manson, Managing Director at Manson Property Consultants in Newcastle noticed that the uncertainty of Brexit is making the buyers in his area take a pause. He adds that warnings from Mark Carney from the Bank of England that a disruptive no deal Brexit could cause a 35% drop in house prices are also impacting buyer’s decisions.

It is no secret that London’s property market has also taken a knock. Conran Estates in Greenwich have pointed out that first-time buyers are very apprehensive, much like the rest of the market in the financial hub. Again, uncertainty regarding Brexit was pinpointed as the primary issue, with buyers concerned they could end up with negative equity having no assets behind them, even though they have decent deposits. First-time buyers who are taking the leap are generally giving offers below the asking prices.

 

Deposits and high property prices

First-time buyer activity has slowed to a trickle in the Midlands, according to Bill Tandy in Lichfield. However, he says that Brexit is not the main antagonist but rather deposit requirements and the high value of the second-hand market.  He adds that low stock and good availability are the main fundamentals at play, aspects that will not change when the dust of Brexit has settled.

 

Not all doom and gloom

For some, it is business as usual in terms of the first-time buyer market. According to Simon Miller, Managing Director at Holroyd Miller in Wakefield, being predominantly a leave area, first-time buyers are not worried in the slightest by Brexit, as employment levels are stable. Brexit has not had a great impact on the area overall and first-time buyers are carrying on as they always have, with no hesitation.

Craig Reynolds, Owner of Urban & Rural in Bedfordshire and Buckinghamshire, agrees. “First-time buyers are generally not holding back but if they are, it is due to other factors – not Brexit. These include elements such as mortgage availability and lending restrictions. House prices have fallen slightly, which has helped first-time buyers. With Brexit having been a saga for two years now, people are just getting bored with it and are carrying on undeterred,” he adds.

In Wales, Melfyn Williams, Managing Director at Williams & Goodwin The Property People Ltd, says Brexit has not impacted his area at all. “First-time buyers seem to be ignoring the press which is the most harmful thing surrounding Brexit. The attitude seems to be that everyone is still going to need a home or to move home at some point.”

Webbers, with offices in North Devon and Somerset, say their area of operation generally has a low number of first-time buyers, but Brexit is not affecting the attitudes of the ones who do. Overall, they say they have seen little impact to their local market. Borrowing is still very cheap and interest rates are low. First-time buyers are not worried.

 

Is Brexit keeping you out of the market? If not, have a look of the properties The Guild has on offer.

Guild Blog: Why do house sales fall through?

 

Moving to a new house can be a stressful time, particularly if a sale falls through. Don’t worry if this happens as there are often ways to get it back on track. Guild Members talk about the potential pitfalls to avoid during your negotiations and give tips to help your sale move forward. 

 

Surveys 

If something unexpected comes up in a survey, it may be a big enough problem to make the sale fall through.

Becky Evans from Mark Evans & Co said: “In our experience, most house sales fall through due to survey reports. Unexpected work picked up on a survey may cause some purchasers to walk away from a sale. We would recommend that sellers sort out any paperwork for work carried out and organise certificates to provide to your surveyor and purchaser.

“If there is work that needs to be carried out, it can be more beneficial to rectify it before going on the market, because if your sale falls through, you will still have to pay solicitor fees and may still end up paying for the work. Purchasers should fully read their survey report and ask their surveyor to explain anything they don’t understand. If surveyors have not seen any paperwork or evidence of work, they have to assume it hasn’t been done and it can therefore seem like a larger problem than it is,” she warns.

Liam Sullivan from Drivers and Norris has some advice. “Some of the more common reasons for losing a sale can be avoided if you ask the seller if they are aware of any major works having been done on the property,” he said. “Or, if alterations have been made, do they have any documentation which signs it off, either from The Council or Building Regulations?”

Chain

A chain can fall apart for many reasons, and sometimes people can get bored of waiting and find a house elsewhere.

“When you agree a sale, you expect it to go through to completion. However, this is a time when you are not in control of events. You must rely on your buyer, and maybe even their buyer, and so on until the chain is complete. Any one of these people can and do change their minds occasionally. It is often nothing to do with your property,” explains Zoe Hayle from Marshalls Penzance.

The results of a single break can be huge, too. “A sale falling through at the bottom of a chain of sales can potentially jeopardise all of the others, so one break can mean three, four or more sales falling through,” says Justin Flanagan from Charles Eden.

How can you try to stop a chain from falling through?

Becky Evans from Mark Evans & Co has some advice: “Our biggest advice to purchasers and vendors is that you may have to compromise during your sale. Also, picking the right estate agent can literally keep your sale together; our contract chaser is invaluable and on many occasions, sales would have not gone through without her.”

During a negotiation 

Negotiations can be a tricky time, and you can find yourself dealing with surprising demands. It is worth being flexible, and remember that small details should not be a make-or-break on your deal.

Cheryle Wileman from Liverpool Property Solutions says that the key is good communication. “Fixtures and fittings can also cause some fraught negotiations with sellers wanting to take fitted wardrobes etc out of the property,” she explains. “Keeping calm is often the key.”

Allan Carr, Founder of Pulver Carr, agrees that a level head can push a sale through. “I have seen a number of sales almost fall through due to silly reasons such as having to leave a tired old shed, leaving curtains, not wanting to contribute towards an indemnity policy, or not being able to agree on a completion date.

“This is where the quality estate agent mediates between both parties and get them to look at the bigger picture of completing the sales transaction,” he says.”

People changing their mind and pulling out

Situations change all the time. Someone could lose their job, a family member could become ill, or people can simply have second thoughts.

Mike Coles from Debbie Fortune has noticed a range of reasons why minds can be changed. “The seller can change their minds after first accepting the offer and decide to stay put, which is sometimes called ‘gazanging’. The seller may not be able to find another property to move to, or the buyer’s finances are not in place or their mortgage advance is rejected.

“The buyer can be ‘gazumped,’ which is when the seller receives a higher offer from another buyer. The opposite, ‘gazundering’, is when the buyer reduces their offer at the last minute, before contracts are signed,” Mike explains.

As much as a buyer may want to move ahead, they may not be able to. “Despite buyers having AIP finance, there is a changing mortgage market and tougher underwriting depending on the loan to value once an actual application is completed. This can lead to upset unless the buyer has regularly reviewed the arrangements they have made,” points out Justin Flanagan from Charles Eden.

What should you do next? 

If a sale falls through, Kelvin Francis from Kelvin Francis says: “Get the property back onto the market without delay and commence a new marketing campaign. In the event of the cause having been a result of the survey, the seller should deal with any faults.”

How can you prevent a sale from falling through? 

Don’t forget to check your mortgage status before putting in an offer to ensure that you will be accepted to buy the home.

You should always remember to be patient, especially when waiting for sales to go through. The negotiation stage can be the most frustrating as you want the sale to move ahead quickly, but it is worth taking a step back and letting the negotiations take their course.

 

The most important thing is to choose an agent who will be able to constantly chase your sale through, no matter if it is in a chain of not. A highly-regarded independent estate agent, like Members of The Guild of Property Professionals, will be experts in sale chasing and can ensure that everything possible is done to stop a sale from falling through. 

Are you thinking of selling your home? Click here to find your local Guild Member. 

 

 

 

 

http://www.guildproperty.co.uk/news/post/1510588332/why-do-house-sales-fall-through

If you are thinking of buying a property and would like a survey to help you make this decision then please contact our Survey Department on 01765 694804.

Guild Blog: What is the ‘No Sale, No Fee’ Method for selling your Home?

There are different types of estate agent model out there, but at The Guild, we recommend the ‘no sale, no fee’.

 

This means that you don’t have to pay until your house is sold, so there is no risk of having to pay for no results. The ‘no sale, no fee’ model is used by nearly all ‘traditional’ estate agents, which means your friendly local estate agent who has a shop on the high street. Be sure to look for this when you decide to sell your home. When you choose the ‘no sale, no fee’ option, it means that your estate agent wants to sell your home as much as you do – they won’t get paid if they don’t!

 

What are the differences?

DIY model 

  • Pay a flat fee up-front
  • Payment is due no matter if the agent sells your home or not
  • Usually conducted online

‘No sale, no fee’ model 

  • No commission is taken until the sale goes through
  • Agents are paid on commission, so they want the same as you: to sell the home
  • Usually has a high-street office, giving consumers an in-person point of contact

 

The choice is yours, and you are free to pick the model that best suits your needs. At the Guild, we recommend the ‘no sale, no fee option because agents with a commission-based fee structure aren’t paid until they get results, meaning their priority is the same as the homeowners: to sell the property. 

 

Iain McKenzie, CEO of The Guild, said: “There has been a rise in the number of DIY packages with up-front fees available to consumers, but no-one has truly explained the pros and cons of each service, so we want to educate the public about the different options that are available. At The Guild, we strongly recommend the high-street option of ‘no sale, no fee’ to ensure that the seller gets the best service and best price for their home in the shortest possible time.”

 

The Guild is a network of the best 800 independent estate agents around the country. Find out why you should choose them to sell your home. 

Click here to find your closest Guild Member.

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

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