Durden & Hunt's latest Newsletter

Durden & Hunt's latest Newsletter




Add value to your home with the perfect outdoor living space

 
 
A well-designed outdoor living area can not only add to the value of your home but also to the usability and enjoyment of the space. In many ways, it’s like adding another room to your home, and you have real freedom to create something special that adds to the quality of life in your home. Increasing feelings of well-being and providing an ideal place to relax, outdoor living spaces are what you make of them and often it’s a good idea to seamlessly blend the outdoors with the indoors
 
Design with the future in mind
 
There are no rules when it comes to creating your perfect outdoor living space. If selling, in the near or distant future, is on your mind keep the structure simple, such as neutral paving or decking, and leave space for embellishment that can be removed to taste, such as cushions and mirrors. This allows for both yourself and future buyers to add personality and vision to the space with smaller elements.
 
You can have more than one space!
 
Who’s to say you can’t create more than one outdoor living space? You could build decking and a patio near the rear of your home, with a path leading to tables and chairs and a stove for the winter at the bottom of the garden. Sectioning the garden will create zones with dedicated uses, whether sunbathing, film screenings or socialising.
 
Hire the right help and build it to last
 
Maybe you can do some of the work yourself; perhaps you need to hire help for it all. Whichever approach you take, build your outdoor space to last. It will help when it comes to retaining the added value of your home whilst looking good and being a nicer place to enjoy. So if you lay decking and install trellises, treat them so they look good for years.
 
Do you need to do it all?
 
Perhaps you don’t need to undertake a complete renovation of the space to make an impact. It could become a more long-term project, so why not do it in stages and start with a general spruce-up? There is always a new trend and new ideas, and leaving a little space to perfect, improve, or build on what you have leaves a little potential for buyers to add their own mark. Additionally, this will allow for budgeting effectively.
 
Browse our properties to find a home with your perfect outdoor living space.
 
 
 
 



Energy-efficient homes are in big demand - Here’s how you can improve yours

 
 
Unlike many other things in your life, when it comes to your home, there is a lot you can do to save on energy costs. Food costs are spiralling, and while you can grow some things, it’s most likely you can’t grow all you want. The price of cars has also gone up, as have the prices of many other consumables and raw materials, and yet again, there is not much you can do about it.
 
Many of us lament the cost-of-living crisis and feel helpless in the face of such adversity. So here are some quick fixes and big improvements you can undertake to increase the energy efficiency of your home while at the same time adding to its value.
 
Quick fixes
  • Install a smart meter: this can be supplied by your energy provider, so you can see exactly how much energy you use.
  • Loft insulation: this is a simple way to keep heat from escaping your home and can save you a lot of money on heating bills. It is something you could do yourself with the right protective equipment, but don’t fall through the roof! Perhaps you don’t feel up to it after all? Don’t worry; there are many specialists who can do this for you.
  • Collect rainwater for the garden: by collecting rainwater in your garden in a butt, a barrel or an all-singing, all-dancing water tank complete with a pump. Whichever you choose, you are making your garden greener by harvesting rainwater!
  • Low-flow showerhead: you can buy one of these for less than £20 and install it in minutes by simply unscrewing your old showerhead and replacing it. Being more efficient could mean you use your boiler a little less, too.
  • Energy-efficient light bulbs: they might be a little more expensive, but they will save up to 80% on energy use and last up to ten years!
Big improvements
  • Install a new boiler: improve your energy performance certificate with a new boiler. Having an old boiler will put buyers off, and the value of your home will increase sufficiently to cover the costs of a new boiler.
  • Air source heat pump: with government grants making this option more affordable, heat pumps are becoming more popular. British Gas offers a complete fitting service.
  • Triple-glazed windows: this will improve your home's energy rating further. Your home loses a lot of energy as heat escapes through the windows. When they are clean, windows allow a lot of heat from the sun to enter. Triple-glazed windows trap that heat more efficiently, saving you money on the energy you use to heat your home.
  • Photovoltaic solar panels: as solar panels become more popular, we are all becoming more aware of them. Less well-known are photovoltaic solar panels, which work even when it’s cloudy—perfect for the UK! Did you know you could sell the electricity they generate back to your local energy supplier, potentially making them pay for themselves?
  • Hot water solar panels: placed on the roof like traditional solar panels, they heat the water for your shower, bath, and kitchen sink!
  • Install a wind turbine: we see them dotted all over the countryside, but perhaps surprisingly, you can buy smaller versions for your home that will create enough electricity to run your entire home.
Find a good deal
Many of these quick fixes and bigger home improvements are eligible for government assistance depending on different criteria, and there are some good deals to be had with energy suppliers and local businesses, so it’s always worth a look online to check out the latest deals.
 
Looking to move to a more energy-efficient home? Want to know how much value you have added by improving the energy efficiency of your home? Book a valuation.
 
 



Are you hunting for your forever home this spring?

 
 
 

Spring is a great time to go house hunting! Houses will always look more inspiring in the sunshine and it can be fun to explore homes without navigating the cold and wet or after being cooped up all winter. You also get to see your potential home in its true light.

 

Finding your forever home takes time!

You could be lucky and cast eyes upon your forever home instantly, almost like love at first sight. Chances are, even if you fall in love with a home on first viewing, it might not tick all your boxes straight away. After all, forever is a long time so don’t get disheartened if at first you don’t succeed.

 

The market

Right now, the market is in a stable condition. With the housing market being calmer, there is more choice and reasonable pricing so it might be worth expanding your criteria and requirements to see what you might find.

 

Explore 

Don’t just go on viewings; explore the interesting aspects of the home with an open mind. You could always brief our team on your requirements as who knows what we may find for you. After all, we are expert property hunters.

 

Location 

This is essential when considering a potential forever home and so consider the long, short, and medium-term needs of all in the household. From schools and work, to the proximity of transport and open spaces. The story of your forever home may change as time goes on, such as needing a practical work-from-home space to requiring an extension in later years!

 

Scope for improvements and extensions

From the interior to the electrical appliances to the general condition of the building, you should consider things from a long-term perspective. Will you be happy with the aspect of the rooms? Will you want to make major alterations? Perhaps you have a vision of open-plan, eco-friendly living. A forever home is a long-term investment.

 

Get in touch to see how we can help in your search for your forever home.





Take a look at the fresh buy-to-let investment opportunities this spring

 
Summer is nearly here, and there are many opportunities to expand your property portfolio or take your first steps on the buy-to-let ladder. Below we’ve outlined some of the reasons why now is the time to make a great investment.
 
Demand continues
 
The demand for rental properties is continuing to grow, with demand per available rental home last year spiking by 250% above the five-year average.* With people typically taking longer to get on the property ladder or choosing not to, long-term demand due to the shortage of rental property is anticipated to remain strong.
 
Rents are increasing
 
Rents have increased by 20% in the past three years, increasing by 11.1% in the past twelve months to March 2023.* The buy-to-let industry can potentially be very lucrative, and with higher demand, higher rent revenues may be achieved.
 
Buy-to-let mortgage choice is increasing
 
There are over 2,000 different mortgage deals available if you are buying a property to let;* so you should have options.
 
A bigger choice of properties
 
The standard of homes on the market has generally risen, with many coming up for sale at this busy time of year. Additionally many people put off moving in the latter part of 2022 and, during the pandemic, spent a lot of time and money getting their homes in tip-top shape.
 
The age range of renters has changed
 
The population in the UK is ageing, and unlike in the past, older generations are increasingly renting alongside younger people starting their property journey. This is yet another great opportunity to meet the demand for a niche in the market by targeting this sector.
 
Other sectors
 
Other avenues, such as holiday lets or student accommodation, present an opportunity to expand and launch your buy-to-let portfolio.
 
Get in touch to see how we can help create a property portfolio for a great return on investment.

Zoopla*



Could waiting to buy your new home cost you money?

 
Buying a home is a big decision, so you can’t be blamed for becoming a little pensive about making your move. Deciding whether you are going to move now or wait and see what happens is a conundrum for some buyers. As soon as you turn on the news, you will no doubt be bombarded with the cost-of-living crisis, another interest rate rise, or another reason to worry. It’s little wonder some people decide to pause their search. But could doing that cost you more money?
 
Waiting for interest rates to improve may not save you money
There is little doubt that we have been spoiled in the past with ultra-low mortgage interest rates, and many analysts suggest that they will never fall to the previous low level again. Although the Bank of England expects inflation to fall to 5% by the end of this year.*
 
Rising house prices balances your budget in the long run
Most people who buy a home in the UK will keep it for many years. House prices may fluctuate just as interest rates do. As interest rates and inflation begin to fall, house prices will likely ascend again. So, if you are waiting to see what happens, you run the risk of paying more for the home you want in the future. In February 2013, the average UK house price was £167,682 in February 2023, that figure stood at £288,000. ** Set against this longer-term perspective, if there are sudden and significant changes in the market, the reality for most homeowners is that in the long run their properties' value may perhaps cover the cost of increases in interest rates.
 
Properties are unique
There are no hard-and-fast rules. Local property markets are layered with unique and differing qualities. Whatever the national economic conditions are, the potential to gain equity in a home due to its condition, location, or potential can secure your investment in the face of challenging times.
 
Mortgages
It seems there will be continued fluctuation on available mortgages for the foreseeable which has made some buyers think outside the box to consider other options over perhaps the more traditional 2 or 5 year fixed deals. Its always worth speaking to a mortgage broker to identify exactly what you’ll be able to afford and available rates ahead of your search.
 
Are you fed up with waiting to make your big move? Browse our properties.
 
Bank of England*
Office for National Statistics**



New year, new home, new beginning?


Here we go again! Another new year, another chance to find everything you are looking for in a property. Could 2024 be the year that you have all the right questions answered with a lovely new home?
 
A new year
With visions of a better year ahead for 2024 popping into your head, you are forgiven for feeling excited about moving. The Christmas break is the perfect time to start searching as thousands of properties magically appear on the market. Sitting back in your favourite chair by the fire when you have some time to take a step towards a better future is a nice way to relax. A new year always brings new opportunities. If you see yourself and your loved ones sitting in a better garden, enjoying a bigger kitchen, or beaming with smiles because you are living in the location you love, then talk to your agent. The past year has been strong and proves that the UK property market is extremely resilient. Buyer demand is still incredibly strong, and prices are stable. At this time of year, you have the best of all worlds. There is plenty of buyer activity, but also plenty of people who will wait until the market is in full swing in the spring. That means high demand with not-so-high supply, which could lead to a swift sale and the new home you have been looking for.
 
A new home
The past few years have been eventful, but 2024 looks like it could be the year in which things settle down, which is why many people will choose to do exactly that. Making new friends in a new location, even if it’s in the same town, is an opportunity to make a fresh start. Decluttering your life from all the stuff you have collected over the years is a liberating experience. There is something extra special about doing this as the year begins. Are you craving a better property with a garden and an outdoor living area to cherish, that is, energy-efficient, full of character, cosy, and airy at the same time? Could a move mean a better education for your children? Could it lead to a happier life? Create a healthier life closer to family? A holiday home or a buy-to-let investment? Whatever you are interested in now is your opportunity to make a move before the property market takes off again.
 
A new beginning
There is so much to feel positive about as we head into 2024. Interest rates are stabilising, leading to lower mortgage rates and an increase in the number of mortgage types available. There is more time to pay with longer terms, interest-only options, porting, green mortgages, guarantor mortgages, interest-only and offset mortgages, which allow you to use your savings to reduce your balance, meaning you pay less interest. Agents’ listings are full of properties that have had a lot of work carried out, elevating them to new standards. And the market looks nicely placed due to its steady pace built on solid foundations. This is based on high demand and a high rate of mortgage-free home ownership. Don’t be jealous; this helps keep the property market financially secure. In 2021, 32.6 percent of dwellings were owned outright in England.* The market has become more complex than ever, and properties are becoming more individualistic. It takes real expertise and market knowledge to optimise your home move, so you can make the most of your new beginning.
 
Contact us to discuss how we can help create your new beginning

This is money*



What will the 2024 UK property market look like?


It’s impossible to predict the future completely, so why worry? When homes sell incredibly quickly, this often leads to rapid property price inflation. Right now, the market is stable and not growing rapidly, which makes it a good time to move. You have a little more scope for negotiation while still achieving a great price for your existing home, as it will have gained in value in recent years. With inflation falling in November by 2% to its lowest levels in two years to 4.6%* and wages rising, the market is returning to normal. The expectation is of slowly falling rates and rising property prices steadily emerging towards the end of 2024, but could this occur earlier than expected with the January rush?
 
Winter
Winter 2024 begins in December 2023, as many homemovers get a head start on finding a great home before January. Sellers are itching to move, having placed their homes on the market in time for scores of viewers, who create a Boxing Day home moving boom. In fact, the week of Christmas is one of the busiest times of the year.
 
Spring
Those who have waited to move in January will now place their homes on the market as the property market gets into full swing. Added to those who decided to take the plunge by moving into their dream homes in time for sprouting daffodils. As mortgage rates become more competitive, combined with a strong beginning in 2024 with better buyer affordability, there will be real momentum in the market.
 
Summer
If you have already bought your home at this point, you may have got the timing just right. In many ways, 2024 is a good year to buy and then gain the rewards of good growth in the following years. Overall, the outlook appears steady, with a lot of stability. You could be sitting pretty with a garden in full bloom and concentrating on a holiday, knowing your property plans are sorted and all you’ll need to do is make the most of enjoying the reality that was once a dream.
 
Autumn
This appears to be the only season of change, and perhaps we are tempting fate to look this far into the future. But if the predictions of analysts are correct, mortgage rates will start to decrease further but not return to the extreme lows of the past. As a result, property prices will start to rise more rapidly.
 
Your agent can transcend time
Any time is a good time to move; it’s more about you and your home. Good estate agents hold the keys to optimising your situation at any time of the year and are becoming extremely adept at the entire moving process. Today, they are armed with vast databases of homemovers that connect your home with the right buyer quickly. They can help broaden your mortgage options with the right mortgage advisor and fine-tune the value of your home, which is critical in today’s market. Finding the property that will improve your life immeasurably will help you feel awesome all the time.
 
 
Contact us to create your perfect moving story
 
Bank of England*



How to present your home for a viewing in 2024?

 

Have you placed your home on the market with the goal of relocating in the new year? If so, it's worth taking a little time to help make sure your home looks as irresistible as possible when potential buyers come for a viewing. Let's look at what you can do to improve your chances of receiving the offer you desire for your home. 

 

Give your home some kerb appeal 

First impressions are crucial. Because of this, your property's exterior should be appealing so that prospective buyers are impressed before they even step foot inside. One way to achieve this is by giving your door a clean, and maybe even a lick of paint. If you have a front garden, mow the lawn, trim any shrubbery, and get rid of any weeds that may be growing on your driveway or patio. 

 

Open up the space 

It is important to try and make sure your home is clutter-free, as a clean and organised interior can help showcase the full potential of a property. A tidy living area allows potential buyers to envisage themselves in that property, increasing the likelihood that they will make an offer. A cluttered property will likely distract people from your home’s features and may give the impression that the property has not been maintained properly. 

 

Make the necessary repairs 

Before showing your home to prospective buyers, you might consider making any l necessary repairs as this will give them confidence that the property has been looked after. A property that has no issues will likely achieve a higher asking price and sell faster, as potential buyers will be more encouraged to make an offer.

 

Let some light in 

In order to create a bright, welcoming ambiance that will attract prospective buyers, it is important to let in as much natural light as possible during a viewing. As well as improving your property’s aesthetics, natural light will make your home feel more inviting and spacious whilst showing off your home’s features and character. 

 

Freshen up the air 

Allowing fresh air into your home is a great way to create a pleasant and clean atmosphere. A well-ventilated home removes bad odours and reduces the effects of damp and condensation, which could put off potential buyers if present. Creating that fresh feel in your home could make all the difference when potential buyers consider making an offer. 

 
Looking to move to a new home in 2024? Contact us today



Properties are selling faster than you might think


 

Are you thinking of selling your home but worried about how long it could take? The sale time may not be as long as you think. There are many different factors that can affect the speed of a sale, including pricing strategies, local market conditions, and property type. Let’s take a look at the current average sale times of a range of property types and how you can help secure a sale in good time.  

 

Two-bedroom terraced houses are selling  quickly 

According to Zoopla’s November 2023 study, two-bedroom terraced houses sell faster than any other property type, with an average sale time of just 28 days.* This is primarily attributed to the fact that they are one of the most affordable property types, as well as being relatively rare, accounting for just over 8% of properties on the market recently.* Three-bedroom terraced houses and three-bedroom semi-detached houses sell the second quickest, in just 31 and 32 days on average respectively* whilst flats take between 35 and 37 days on average, depending on the number of bedrooms.* 

 

Larger properties are not far behind 

You might expect sale times for larger properties to be much higher. However, the average sale time for a four-bedroom semi-detached house is just 39 days, with a terraced property containing the same number of bedrooms taking just two days longer.* Three-bedroom detached houses take 43 days to sell on average, whilst the property type included in the study that takes the longest time to sell, four-bedroom detached houses, takes just 47 days on average.*  

 

The market has stabilised 

The more eagle-eyed individuals may notice that these figures show an increase in average sale times compared to Zoopla’s 2022 study. However, this is attributed to the housing market stabilising after the pandemic. Sale times are still relatively fast and should definitely not deter anybody considering selling their home. 

 

What you can do to secure a sale quickly 

There are several things you can do to ensure that your property sells quickly and smoothly. Firstly, its important to choose the right agent, you need to not only get along with them but also know they will work as hard as they can for you. It is also important to price your home correctly, as overpricing your property may discourage potential buyers from making a bid and in fact, potential buyers may not see the property on portals due to pricing brackets. Making sure your property is well-presented for viewings can also help to secure a quick sale, as it helps to allow viewers to envision themselves living there.

 

Looking to sell your property? Contact us today 
 
Rightmove*



Try before you buy: Why renting could be a good first step

 
The journey to owning your ideal home is often not a short one, and if you’re contemplating taking the plunge into homeownership, you may consider renting first to test the waters. Renting provides the unique opportunity to ‘try before you buy’ the responsibility that comes with owning a home whilst offering a range of benefits that might just make it the perfect first move.

Here are some of the advantages to renting before you buy:

Flexibility and freedom
Renting allows a level of flexibility that buying a property does not. If you’re unsure about your long-term plans or if you’re keen on trying out a few different locations before laying down roots, renting allows you to relocate easily without being tied to a mortgage or any of the other commitments that come with owning a property.

Try out different areas
If you haven’t lived alone yet, it can be difficult to know what surroundings would best suit your lifestyle. Renting first means you can live in and explore an area before having to commit to it. It’s a great way to experience a different walk of life, try out local amenities, plan your commute, and get a feel for the community.

Maintenance and peace of mind
One of the perks of renting is that you typically aren’t responsible for major property repairs or maintenance, allowing you to save both time and money. This is a great way to ease yourself into homeownership, as you can focus on gaining your independence without feeling like you’ve been thrown into the deep end on your own.

Gain experience
Being a reliable tenant is a great responsibility to take on before ownership. You gain experience in how to budget around bills, how to take care of a home, and what it means to live independently. This will likely prove to be invaluable when you buy your first home, as it will enable you to hit the ground running.

Build your credit score
Being a responsible tenant can also positively impact your credit score, which might make it easier for you to secure favourable mortgage terms when you decide to buy a home later. If you pay your rent on time consistently, this can help to demonstrate your financial responsibility.

Learn more about your requirements
Renting a home allows you to experiment and figure out what works for you long term. This is a valuable opportunity to understand what your home requirements are in terms of size and layout, which will help you make a more informed decision when the time comes to buy your own place.
 
Contact us today to explore the possibilities that renting can bring
 



Here are 10 questions you could ask your estate agent

 
The property market can be a fast-paced and confusing world, so having a good agent on your side can help you navigate its complexities. Finding the right agent is crucial to the outcome of your sale, so to ensure that you make an informed decision, it’s worth asking questions.
 
Here are 10 questions you could ask your estate agent and consider before committing to working with them.

What is their experience in the local market?
Consider the experience your agent has in the local market, as they should be able to provide local market insights such as trends, values and any potential challenges. It might be tempting but don’t just settle for the cheaper option as an experienced agent is much better equipped to help you navigate the intricacies of sales in your specific area.

Can they provide any client testimonials?
Reputable agents are proud of their client testimonials and references, so they will be more than happy to share them with you. Customer feedback can give you valuable insight into any business’ reputation, so don’t hesitate to ask for this information or check the customer ratings online, even from Google reviews.

What’s their marketing strategy?
When the market is competitive, a robust marketing strategy is what will make your home stand out to potential buyers. Make sure to enquire about the agent’s approach to marketing, including both online and offline channels, professional photography, and any unique strategies they might use to showcase your property effectively.

How will they determine the value of your property?
Receiving a professional valuation is one of the most important steps to selling your home, so you’ll need to know that your agent has a solid and reliable strategy. A good agent will consider a multitude of factors, such as recent sales in the area, the condition and appearance of the property, and current market demand. Using this information to paint a full and accurate picture ensures that your property is competitively priced. The Durden & Hunt teams offer free, no obligation valuations to help determine the price of your property and how that may impact your plans.

Is your property ready to sell?
While selling ‘as-is’ is sometimes a viable option, an agent will be able to assess your home during your valuation and advise you on any necessary repairs or additions. Ask your agent whether your home is ready for the market, or if it could benefit from a spruce-up.

How will they communicate with you?
The key to any successful partnership is effective communication, so make sure to discuss your preferred mode of communication with your agent. Whether it’s emails, phone calls, or face-to-face meetings, setting your expectations early on will help to avoid any misunderstandings. We offer a weekly vendor care call to check in with our sellers, their current strategy and any viewings and offers received.

How long does it take to sell houses in your area?
Knowing the average time it takes to sell a home in your area will help you manage your expectations and form a realistic plan. It's not an exact science but it gives you an idea of how efficiently properties in your location sell.

Do they have experience handling properties similar to yours?
Every home is unique, but some fall into specific categories which require the careful handling of an expert, so it is worth discussing the agent’s proposed strategy and experience selling similar properties. This experience can be invaluable when it comes to finding the right buyer and selling for the right price.

How do they handle negotiations?
The skill of negotiation is a crucial one in all areas of the property market; so you could ask your agent about their approach to negotiations and how they plan to secure the best deal for you, while also maintaining a positive relationship with potential buyers.

What happens if your property doesn’t sell?
Lastly, it’s important to ask your agent about what their strategy will be if your property doesn’t sell within an initial timeframe. Whether it involves re-evaluating the marketing plan or adjusting the pricing strategy, having an adaptable strategy shows that your agent is prepared for any curve balls, allowing you peace of mind throughout your sales journey.
 
For more information or to book a no-obligation valuation, contact our expert team today
 



How might the Chancellor's proposals affect your 2024 property plans?

 
Jeremy Hunt, Chancellor of the Exchequer, made several proposals in his Autumn Statement that will likely have an impact on the property market in 2024. Whether you're a first-time buyer looking to take your first step onto the property ladder, a homeowner looking to upgrade to a new property, or a landlord looking to expand your portfolio, the Chancellor's proposals could stand to benefit you in some way. Let's take a look at some of the upcoming changes and how they could positively impact your 2024 property plans.

National Living Wage up, National Insurance rates down
One of the key announcements the Chancellor made in his autumn statement was that, from January onwards, the National Insurance rate has been cut by 2%, bringing the main rate down from 12% to 10%.* The Chancellor also announced that, from April 2024, the hourly National Living Wage will increase from £10.42 to £11.44, the largest rise in over ten years.** These changes could benefit buyer affordability where increased disposable income may allow people to spend more money on buying a home they love or investing in properties to expand their portfolio.

Mortgage Guarantee Scheme extended
The Chancellor also announced the extension of the Mortgage Guarantee Scheme until June 2025. The scheme helps make it easier for first-time buyers to enter the market by allowing them to secure a mortgage with as little as a 5% deposit. It was originally scheduled to close to new applications on New Year’s Eve 2023, but an unexpected 18-month extension looks to help ensure first-time buyers achieve their dream of owning a home.

Properties can be split into flats without planning permission
The Chancellor also announced plans to consult on whether property owners would no longer require permission to divide a property into flats, as long as the exterior of the property remains the same. This could effectively increase the number of available homes on the market, potentially increasing buyer affordability. It would also give landlords greater flexibility in adapting their properties and increasing their rental income.

House purchases are to be made simpler and quicker
Jeremy Hunt also announced that £3 million will be spent on implementing a range of measures that will improve the overall home-buying process.** In the hope of speeding things up, experimental projects will be implemented that will digitise property data held by local councils and create property tech solutions. These new projects should hopefully make the buying and selling process much quicker and easier.

Final thoughts
Overall, the Chancellor’s Autumn Statement contained a number of positives for people looking to buy properties in 2024. If you haven’t already, now is the time to better understand your position and affordability by speaking to both your agent and a mortgage broker.
 
Looking for your next property or wondering where to start? Contact us today
 
GOV.UK*
The Times**



Could 2024 be the time to buy or sell? 

 
The start of the year is often a busy time for the property market, with thoughts of moving in time for the summer months on many people’s minds. Here are some top tips, whether you're planning on buying, selling, or both this year.

For sellers:
  • Preparation is key
    Before placing your home on the market, try to ensure it’s in its best possible condition first. This might mean investing some time into making small repairs, staging, and decluttering to ready it for the eyes of potential buyers. A well-presented home will stand out on a busy market, so it can’t hurt to speak to your agent about any recommendations they suggest making.
 
  • Set a realistic asking price
    Overpricing can deter potential buyers, but under-pricing could mean you’re selling yourself short, so it’s important to strike the right balance. An expert valuation will assess all your home’s unique features, while also taking into account the local market landscape.
 
  • Show off your home’s best features
    High-quality photos and expertly crafted descriptions are all important for showcasing your property online. In today’s digital age, a strong online presence is vital. Make sure your chosen agent has a solid marketing strategy in place and knows how to utilise online platforms to cast a wide net.
 
  • Choose the right agent
    Partnering with a reputable and experienced agent can make all the difference. Your estate agent should be well-versed in your local market and therefore have the expertise to advertise your property effectively, negotiate on your behalf, and guide you through the entire selling process. 
 
  • Be open and flexible
    Selling a home requires a great deal of time and commitment. While the viewing process can feel a little disruptive to your everyday routine, being flexible and accommodating might land you a buyer quicker. Many agents will be able to hold keys for you to conduct viewings on your behalf.
 
For buyers:
  • Get your finances in order
    Before you can get started on the search for your dream home, it's worth ensuring your finances are in order. Speak to a broker to understand your position and what you can do to strengthen your position. 
 
  • Know your priorities and compromises
    You should know what your priorities are in terms of location, size, and any other important features as it will help streamline your search and make informed decisions. Don’t forget although wish lists are essential when it comes to finding your dream home it’s equally important to be realistic about what you can afford and what is available on the market. Be open to compromise where necessary for example perhaps a workspace would suffice over a dedicated office room.
 
  • Act quickly but thoughtfully
    While it’s important to act fast if you’ve found your dream home, you shouldn’t act merely on impulse. Take time to consider the home and do your due diligence.
 
  • Work with an agent
    A skilled agent can guide you through the buying process, from recommending brokers and solicitors to helping you identify suitable homes and negotiate on your behalf. Having someone who is experienced in the local market on your side is invaluable when it comes to finding a home in a busy market.
 
Whether you’re looking to buy or sell, our experienced team is here to assist you every step of the way