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Sellers Blog Posts 1

October 2021 Market Comment

Here’s a quick overview of the property market this October.

According to the Nationwide, annual house price growth last month was still very strong at about 10%, although this was down from 11% in August, and no doubt supported by the tail end of the SDLT concession which has now come to an end.

It

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Sellers Blog Posts 2

Stress-Free Completion

One of the frustrations with the system of property transfer in this country is that moving day invariably coincides with the formal completion of a sale.

Generally, the buyer cannot move out, and the seller cannot move in, until such time as the completion monies have been received by the seller’s bank, or in most

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Sellers Blog Posts 3

Chains

Many property transactions form part of a chain of related sales. Of course a chain is only as strong as its weakest link and, as a national statistic, unfortunately one in every three chains will fall apart, often at the eleventh hour. This happens for a variety of reasons from one party’s mortgage glitch to

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Sellers Blog Posts 4

September 2021 Market Comment

According to the Nationwide, the average house price across the UK is up 11% on last year prompted, as we know, by three things: 1) Pent-up demand following three years of Brexit confusion, 2) The SDLT (stamp duty) holiday coupled with ultra-low mortgage rates, and 3) Lifestyle changes prompted by the pandemic. Interestingly, the average

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Sellers Blog Posts 5

Advertising Myth

It would not be unreasonable to assume that as a property comes onto the market, the instructed estate agent will post the property details on various property portals and wait for the enquiries to roll in.

However, this approach is somewhat simplistic! We take a much more strategic and proactive approach to handling new buyer

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Sellers Blog Posts 6

Relative Values

Even the most credible authorities tend to disagree on the rate of price change in the property market, leaving the humble consumer somewhat baffled!

The problem is the source of data that is used to make assumptions about the market is fickle. For example, you could look at the latest Land Registry figures. These record

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Sellers Blog Posts 7

Declutter

In the current market, if you are to maximise your price, it is more important than ever to ensure that your property is a highly saleable proposition, rather than one that makes another house look good by comparison.

Of course, there are several basics that should be in place. The price needs to be as

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Sellers Blog Posts 8

August 2021 Market Comment

Just as the weather forecasters get it wrong (we never know whether it’s going to rain or shine this summer), so the economic forecasters and property analysts get it wrong as well. Who could have foreseen such buoyancy in the market, and, as we approach the end of the summer, with it’s very mixed weather,

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Sellers Blog Posts 9

Personal Accountability

Many properties in the East Kent area are as unique and distinctive as the people who buy them. So when selling yours, it is most important that your estate agent has a thorough understanding not only of your property, but also of the needs and preferences of every buyer who views it.

It is simply

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Sellers Blog Posts 10

Accept The Offer

When you are keen to move house it can be tempting to accept the first buyer who comes along with an attractive offer. However, buyers come in all shapes and sizes, and it is important to assess your purchaser’s ability to perform before accepting any offer.

We often receive offers from people who themselves have

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July Market Comment

July 2021 Market Comment

What a crazy summer to date, with Zoopla predicting a record 1.5m property transactions this year – that’s up 45% on last year! The unexpected consequences of the pandemic and the Stamp Duty concession following right on the heals of that Brexit-related stalling market, pushed the market into a frenzy. (Although it’s interesting to note

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Sellers Blog Posts 11

Pet Sale

Sometimes we have to point out a few home truths if we are to enhance our client’s chances of selling quickly, and for an excellent price! Some homeowners spend thousands of pounds improving their property before going to market, yet can be oblivious to issues that prospective purchasers could regard

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Sellers Blog Posts 12

Showing Buyers Round pt2

Some people feel that houses should be able to “sell themselves” and do not need to be “shown” by estate agents. Whilst this may be true of certain exceptional homes, or where achieving the optimum price is not an issue, most properties require the skills of a well-trained estate agent if they are to sell

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Sellers Blog Posts 13

June 2021 Market Comment

According to e-surv, the average price of a home in England and Wales stood at £343,658 last month – up 0.5% on the previous month and 13.4% on the year, the highest year-on-year growth since 2004. We know the market has been flying – but could this be ambitious reporting designed to capture a headline?

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showing_buyers

Showing Buyers Round pt1

Some estate agents claim that the seller is the best person to show a property to prospective purchasers.

However, apart from the inevitable awkwardness of inviting strangers into your home, there are sound reasons why good estate agents prefer to accompany buyers around, even though the pandemic has prompted many to rely solely on virtual

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Sellers Blog Posts 14

Smarter Ways of Getting Your Price

One of estate agency’s fundamental tasks is to secure the highest price that an able purchaser will pay for your property in a given market. In an ideal world, we would have a hot-line to The National Lottery who would feed us with a regular supply of winners prepared to pay ridiculous prices for modest

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Sellers Blog Posts 15

May 2021 Market Comment

Welcome to the May 2021 Property Market Comment. The cherry blossom is always a reminder of the very peak of spring, and indeed of the annual boost to the property market. Certainly, this year has seen more intense activity than most of us in the property sector can remember.
However, when we speak about the

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Sellers Blog Posts 16

Register Direct

There’s no question about it, buyers visit property portals like Rightmove and OnTheMarket because they provide easily-searched access to properties currently available for sale. Or do they?

Certainly property portals are efficient and estate agents have embraced them for many years as being an important addition to their marketing toolbox. On the surface, people no

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