Sunday, 17 July 2022

How To Improve Your Property's Kerb Appeal


Whether you are looking to sell your property or simply wish to make your home look more inviting to visitors the very first thing you should consider is often the one most people overlook. They are so busy thinking about their interior decor and the tidiness of their homes that they often forget that the very first thing that people see is the front of their property. If your home’s kerb appeal could do with being spruced up but you’re not sure where to start then don’t worry we have a few tips that will help you to take the front of your property from drab to fab in no time.

Front garden

If you have a front garden then ensure that the grass is neatly mown. Clear your path of weeds and use a pressure washer to make it look its best. If you have borders make sure that they are weeded and plant some nice flowers to help to make your home look visually attractive.

Front Door

If the paint is starting to peel off of your front door or the hardware like the handle or knocker are looking a bit old and unloved then visitors may get the impression that the rest of your home is uncared for too. Treat your door to a fresh coat of paint and a shiny new door handle/knocker and your door will go from creating a sense of foreboding to a welcoming entrance.

House number

Make sure that your house number is clearly visible. This will help both visitors and delivery drivers! If your house number is looking a bit old and tatty, consider replacing it with a shiny new one that reflects the care you take of your property.

Windows

Clean windows not only maximise the amount of natural light that you get inside your home but they also affect the feel of your home from the outside. Clean windows make a home look cared for and a loved home will always have more kerb appeal than a neglected one.

Exterior Lights

Many potential viewers will do a drive-by viewing before deciding whether to view the inside of your property. Due to working hours most of these will be done in the evening and most guests to your home will also visit in the evening so ensuring that your exterior lights are all working is essential to ensure that your home is bathed in welcoming light not shrouded in darkness.

Gates, fences and hedges

Check your garden gate and fence are in good condition. Oil the hinges and check the latch is in good working order. Replace broken fence panels and neatly trim any hedges.

Garage

While your visitors/viewers will not be entering your property through your garage doors they do affect the first impression that they will have of your home so make sure that they are in good condition and consider sprucing them up with a fresh coat of paint if necessary. Potential buyers will want to take a look in your garage so make sure that it is clean and tidy.


If you would like more advice on how to improve your Warrington property’s kerb appeal please don’t hesitate to give us a call on 01925 235 338 and we will be delighted to help you.


Sunday, 10 July 2022

Diy Dos And Diy Don'ts!


The sun is shining and the long Summer evenings make us feel like we have plenty of time in the day. Plenty of time to get on with all of those jobs that we kept putting off during Winter! For many of us now is the best time to get out our tools and fix things that have been bothering us and upgrade our homes.

However, you should always keep in mind that any DIY you do to your property should not just create a better and more enjoyable home for yourself and your family but should also add value to your property when you decide to sell it.

You may be surprised to know that some DIY projects can actually devalue your home and DIY disasters can cost homeowners 1000s of pounds to fix.

Be realistic

We all know it’s tempting to try and save some money by doing jobs around our homes ourselves but if you are not particularly gifted at DIY then consider getting a professional in to help.

Start small

Small jobs are a great place to start building up your skills and your confidence. Start by replacing broken light bulbs, oiling creaky hinges and fixing broken kitchen cabinet handles. If small jobs are neglected in your home then it can give the impression to visitors or potential buyers that your home is not cared for and may cause them to worry that there are bigger problems that they have not noticed.

First impressions

Once you have finished all the small jobs the first thing that should get your attention is the front of your home. It is true that first impressions matter and whether you want to increase your kerb appeal in order to attract potential buyers or if you would simply like to impress your guests, the state of the front of your home is the first thing that they will see. A fresh coat of paint on your front door and a clean and tidy front path will make your home a welcoming place to visit. Not convinced? Good kerb appeal can add 2-3% to the value of your home!

Bathrooms

Beware of removing baths in favour of trendy wet rooms. These can actually devalue your home as properties without baths are less attractive to families. This will decrease the pool of people your home attracts which means less competition for your property which can lead to a lower sale price.

No DIY

If you are no good at DIY and can’t afford to hire the help of professionals then there are many things that you can do to improve your home that require no DIY skills at all. Decluttering your home can have a huge effect on the feel of your home as can a deep clean.

If you are considering a big DIY project or major renovation then do give us a call on 01925 235 338 to discuss how it will affect your property price. Not all projects will add value to your home and you should also be aware of the maximum price that properties will sell for in your area to avoid spending more than you can recoup.

Wednesday, 6 July 2022

What Are Tenants Responsible For?


Tenants are very used to the long list of don’ts that they are given when they first rent a property. Don’t redecorate. Don’t hang pictures. Don’t cause any damage. The list goes on.

Tenancy agreements also contain a list of must dos but, the focus on the don’ts can often overshadow them leaving tenants with the impression that as the property is very clearly not theirs, any problems to do with the property is for their landlord to sort out.

However, not all problems are the responsibility of the landlord. Some of them are for the tenant to sort out. So if you are a tenant what is it that you are responsible for?

Rent
The first thing is obvious. You must pay your rent.

Drains
The second is one that tenants often think is the responsibility of their landlord but is in fact yours. You must look after the drains. If you block them then it is your responsibility to unblock them. Most tenancy agreements stipulate that no cooking oils or fats are to be put down the drains as that will increase the likelihood of them being blocked.

Lightbulbs
Yet another thing that often catches tenants out. Tenants are responsible for replacing any blown lightbulbs. Lightbulbs are usually itemised in the check-in inventory and if when you hand the keys back you have failed to replace any blown bulbs the cost of them can be deducted from your deposit.

Garden
Tenants are responsible for handing back the garden in the state that it was in at the beginning of their tenancy. Even if you don’t use it you will still need to make sure that you look after it. Deductions can be made from your deposit if the landlord needs to hire a gardener to bring it back up to scratch at the end of your tenancy.

Bills
You are responsible for paying your utility bills unless your tenancy agreement explicitly states that these are included in your rent. Failing to pay these can not only result in large amounts of debt owing to the utility companies but can also result in the utilities to the property being cut off.

Report
If there is an issue with your property then you need to report it promptly. Most repairs are easier, quicker and cheaper to fix if they are attended to promptly. If left many issues become worse, especially if the issue is a leak as there is the potential for the water to cause a great deal of damage to the property.

Secure
It is the responsibility of the tenant to make sure that the property is kept safe and secure.

It is also your responsibility to pay to insure the contents of the property as landlord insurance does not cover the tenant’s belongings. It is not uncommon for it to be written into the tenancy agreement that you must not leave the property unoccupied for a period of more than 14 days. If you do go away for a prolonged period of time you will need to inform your landlord and insurance company.

If ever you are unsure as to whether you should report an issue or deal with it yourself please give our expert lettings team a call on 01925 235 338 and we will be happy to give you our advice.


Monday, 4 July 2022

June 2022 Market Report For Warrington


With the school summer holidays nearly upon us, many people start to think about moving home. Having family around a lot more can highlight how your current place isn’t quite working for you. You might need more space when all the kids are at home, a bigger garden for when the grandkids are at yours, or somewhere quieter when the neighbours’ kids are all home.

If you want to be moved and settled in by the next big school holiday, which is Christmas, you need to be getting on the market now. There are national delays happening in the legal sector that deals with housing. Often called conveyancers, or solicitors, these are the people that deal with all the paperwork after you’ve made or accepted an offer before the key handover, known as ‘completion’.

In 2019, the time between offer and handover was 100 days. Even that is over 3 months, just for the legal part of the transaction to take place. This has now increased by a third. Add to that the time it takes to get your property ready to go on the market, perfect the marketing, show people around, and negotiate an offer, and you can see why you need to get on with it now to be settled by Christmas.

Let’s have a brief look at what’s been happening over the last month in the local Warrington property market.

There are currently 275 properties available for sale in Warrington. This is 78 more than last month. Of these 275, 81 were new to the market in the last two weeks. The average price of properties in Warrington is £285,183 with the median price at £220,000.

Most of the properties available are in the £100,000 to £200,000 bracket with 91 currently on the market. There is just 1 property available, priced at over £1 million. In May, properties in the £500,000 to £1,000,000 bracket were selling the fastest, only on the market for an average of 33 days. They are still the fastest but the length of time has extended to 49 days. This month, properties priced between £300,000 and £400,000 are the second-fastest movers, only on the market for 51 days.

Properties priced at £100,000 and under, are now taking 356 days to sell. This is similar to one-bedroom properties with a median price of £90,000 as they are currently sitting on the market for an average of 326 days. This has gone down from 350 days last month.

This is another example of how selling property can take longer than people often imagine. If you’re looking to upsize from your first home, or are an investor looking to change their portfolio, please bear this in mind when planning.

Let’s take a look at the annual figures now. Properties around Warrington had an overall average asking price of £245,315 over the last year. Despite the media claiming house prices are falling, this figure demonstrates a 12% increase from the same time last year.

Overall, sold prices in Warrington over the last year were 6% down on the previous year and 8% up on the 2019 peak of £229,819. This doesn’t represent a crash, simply the market correcting itself, as we mentioned last month in our report. The craziness of the last couple of years is starting to settle, which is a positive thing as supply and demand should level out, with prices calming too.

The majority of sales in Warrington during the last year were semi-detached properties, selling for an average price of £242,595. Terraced properties sold for an average of £180,274, with detached properties fetching £402,967.

If you’re looking for further information about the Warrington property market, please feel free to contact us. If you’re thinking of selling or buying, letting or renting a Warrington property, please don’t hesitate to get in touch. You can call 01925 235 338 or email staff@hamletwarrington.co.uk


Monday, 27 June 2022

How To Make The Most Of A Seller's Market

Benjamin Franklin once famously said “By failing to prepare, you are preparing to fail.” This rings true for many things in life and is very relevant to the current seller’s market whether you are a seller or a buyer. So how can you ensure that you are correctly prepared in order to make the most of the current seller’s market?

Sellers
There is lots of paperwork to deal with when selling a property so instructing a solicitor early on in the process can allow you to get a headstart on the Property Information forms. It will also give your solicitor plenty of time to review your Title Deeds and identify and sort out any problems that may potentially cause a problem or delay.

You will also need to find installation certificates and guarantees for any new windows, boilers, wood burners or electrics that you may have had installed and if you have extended your property you will need to produce copies of the relevant consents.

Ensuring that all of your paperwork is in order will allow you to progress confidently and put you in an excellent position when setting a timetable for exchange.

It is wise to manage the expectations of your buyers as soon as you accept their offer. If the sale is dependent on you finding a new property then it is important that the agents convey this to the buyers. Choosing to sell your property and move into a rented property can really give you an edge in this market when looking for a property as you will be in an ideal position to proceed with a purchase but only do this if you can afford the rental and storage costs that this will incur.

Buyers
In a seller’s market buyers who are in a position to proceed swiftly are valued more highly than those who cannot. In a market where multiple offers on each property are common, anything you can do to make your offer more attractive to sellers is worth doing.

If you need a mortgage then getting an offer ‘agreed in principle’ will show the seller that, subject to valuation, you have the funds readily available.

If you can afford to sell your property and move into a rented property while house hunting you will increase your attractiveness to sellers as you are not in a chain.

Stick to your budget. Don’t allow competition with other buyers to cause you to pay too much for a property. Remember that you should consider future costs such as energy prices and council tax when choosing your property.

It is possible to instruct a solicitor even before you have made an offer. Doing so will allow you to complete the onboarding and identification processes early thus avoiding any unnecessary delays. Providing your solicitor with money on account for searches will allow them to request them as soon as they receive draft papers.

Choosing a solicitor and having them on ‘stand by’ so that you can get the survey that you would like organised quickly is another way of demonstrating to the seller that you are committed to purchasing their property.

If you are thinking of selling your property in Warrington then please give us a call on 01925 235 338 and we will be delighted to come round and give you a free no obligation valuation.

If you are looking for a property to buy in Warrington then please give us a call on 01925 235 338 and we will be delighted to add you to our database of motivated buyers so that you can be one of the first people to hear of our new listings in the Warrington.


Monday, 20 June 2022

Six Mistakes To Avoid Making When Selling Your Property


Over pricing

In 2018 Zoopla analysed the data it had on the initial price properties were listed for and their final sale price and discovered that properties that were overpriced can take two months longer to sell than properties that start with a realistic sale price.

One of the key filters on property websites is price so if your property is overpriced fewer people are going to see it and those that do will be comparing it, likely unfavourably, to others in that price bracket.

Inevitably you will have to lower your price as your property remains unsold. Buyers however, are keen to see properties that are new to the market as they believe that there must be something wrong with properties that have been on the market for a while.

Over personalised

You are selling your buyers their future home. If you have covered the walls with posters or personal photos consider taking them down. That way buyers can see the potential of a room without being overwhelmed by the sight of your personal belongings.

Neutral tones

When you put your property on the market you need to remember that if your taste is rather eccentric it can delay you selling your property and maybe even lower the price you eventually get for your home. Buyers like properties that they can put their own stamp on. If you have any particularly garishly decorated rooms do consider redecorating in neutral tones to increase your chances of a quick sale.

Take children and pets out

Potential buyers want to be able to look around your home in peace. Being trailed by children and pets, especially if they are allergic or terrified of your four-legged friends, can not only make them feel uncomfortable but will also ruin their opportunity to look at your home properly.

Clean and declutter

Dirty houses immediately make a bad impression and clutter can make even a large house feel claustrophobic. Take some time to declutter and clean your house. Cleaning windows can increase the amount of light entering your home, if it is evening turn on your lights to create a warm glow. Making coffee and baking bread during viewings are a cliché but the smell of furniture polish and fresh flowers are an easy way to make a home feel loved and cared for.

Choose the right estate agent

Choosing the first estate agent who comes to value your home or selecting an agent simply because they suggested the highest price can lead to problems further down the line. Take time to ask several agents to value your home and discuss with them why they think your property is worth the value they have suggested. Ask for examples of other local properties that they have sold in recent months, the prices they have achieved for them and the length of time that they have taken to sell them. Reviews from past clients are invaluable when choosing an estate agent to trust to sell your property.


If you are considering selling your property in Warrington please give us a call on 01925 235 338 and we will be delighted to give you a free valuation.


Tuesday, 14 June 2022

May 2022 Market Report for Warrington


As we leave the Spring market behind and step into the Summer market, a brief look at what’s been happening over the last month in the property market shows some encouraging signs.

There are currently 197 properties available for sale in Warrington. Of these 197, 47 were new to the market in the last two weeks. The average price of properties in Warrington is £246,541 with the median price at £200,000.

Most of the properties available are in the £100,000 to £200,000 bracket. There are also 2 properties available that are priced at over £1 million. Properties in the £500,000 to £1,000,000 bracket sell the fastest, only on the market for an average of 33 days. Properties in the £200,000 to £300,000 bracket also sell fast, only being on the market for 46 days.

Properties priced at £100,000 and under, take the longest to sell at 323 days. This is similar to one-bedroom properties that have a median price of £90,000 and remain on the market for 350 days. This is important to bear in mind if you’re thinking of upsizing or selling an investment property. The timescales involved may be longer than you had first imagined.

Looking at the annual figures shows just how strong, and indeed unusual, the Warrington property market has been.

Properties around Warrington had an overall average price of £252,534 over the last year.

The majority of sales around Warrington during the last year were semi-detached properties, selling for an average price of £236,814. Detached properties sold for an average of £386,016, with terraced properties fetching £174,310.

Overall, sold prices around Warrington over the last year were 4% up on the previous year and 17% up on the 2019 peak of £214,923.

Checking the most recent land registry figures is interesting, albeit a couple of months behind as it refers only to completed sales. In March 2021, 40 detached Warrington homes were sold compared to only 4 last March. Semi-detached homes show a similar change from 54 to 19. Terraced properties sold 78 last year and only 16 this year.

This reduction is not a sign of a crash or anything so dramatic. It is merely a slowing and, hopefully, a sign of the market starting to correct itself. This should mean that demand and supply are more balanced and prices settle once again.

If you’re looking for further information about the Warrington property market, please feel free to contact us. If you’re thinking of selling or buying, letting or renting a Warrington property, please don’t hesitate to get in touch. You can call 01925 235 338 or email staff@hamletwarrington.co.uk.

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