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Wednesday 25 July 2012

Sell your property with least expenses - Know the cost involved in selling your house

Selling a property isn't as easy, short-processed and quick, as the word sell sounds. There are many steps that are involved in selling a property/house/home and almost all of these steps require incurring some cost in one way or the other. You just cannot get that large lump sum of your home/property, before fully implementing the process of selling and implementing requires you to incur.

So which are the expenses/costs which you generally need to incur being a seller?

Your first obvious cost would be to refurnish your house. This is all if you wish to. Good furnishes houses are known to fetch you good price.
After that you decide to sell your home and with that also the way through which you'll make you home sale.

You've many options at your disposal. You can choose to make a sale though either of the ways:

  1. Estate agent
  2. Auction
  3. Private sale

You can opt for any channel of selling, but while you do so, do compute the cost of all the channels, very carefully in terms of expenses/costs/fees that they charge.

In case you decide to sell it through an estate agent, you should know that the usually charge a commission and that is usually between 2-3% of your house's selling price. So, more often than not, it is the selling price of your property which actually decides an agent's fees. However, you can talk to your agent and come to a consensus, on a price on which both of you agree. So, a bargain can be done here. However, do not bargain too much for a price that is unrealistic.

In case you decide to sell your property through an auction, the fees they charge is about 2% of the selling price. Now, there are some auction houses whose fee will include the advertising charge, while some of the other may charge you for the fee which is excluding the advertising for the house sale, thereby charging you differently on the advertising cost. So, it is advisable you know what actually constitutes your fee and accordingly select an auction house for selling your house.

In case you go for a private sale, you need not worry about any sort of fees, for you yourself are an agent. Therefore, you only need to incur the marketing costs and that cost also depends on how you market.

However, you should keep in mind the time-frame in which you will need to sell your house. Since, it is much wiser to consider easy and quick ways of selling, for the amount of loss incurred by delaying the sale will be more than the fees charged by the channels. These days, there an option of selling homes through cash buyers- buyers who buys your home at cash, quickly without much hassles, without any cost and legally.

At last, when you decide to sell your home, you need conveyancing. It is for this stage that you'll need a lawyer or a solicitor. Solicitors charge according to the selling price of your house. Usually a bargain with them works out, thereby helping you save some money in the process.

All in all, before, you sell your house, it is worthwhile you consider on all the mentioned factors and accordingly choose a way, a way, with least expenses.

Emir of Qatar renovates 185 year old Britain’s mansion, makes it worth £200m

Qatar's royal family has set their foothold in UK's property. The family has spent on renovating a grade II property, now making it worth £200m – making it Britain's costliest property.

The emir, Sheikh Hamad bin Khalifa Al Thani, had brought the property, named Dudley House in London's Park Lane, for a mere £37.4m in 2006, tried lavishing by renovating, now making it worth the what is the most priced property in Britain. Not only the amount spent on renovation, there are various other points worth considering about the property which is all set to aid it as the priciest mansion of UK.

  • The house is known to give splendid view of the Hyde Park.
  • It has a presence of a 50ft ballroom, an 81ft picture gallery and furniture
  • 17 bedrooms and 14 reception rooms
  • 44,000 sq ft of space
  • Knocked down three different properties to make it to one grand mansion


The Sunday Times updates on the interior, states the interior designing has been kept intact to the original Regency and Victorian interiors.
Further, to let you imagine the interior, Gary Hersham, head of Beauchamp Estates, said: 'There is gold leaf throughout. The other main colors are cream and neutral - it is very tastefully done.

The ceilings are ornate and very high, although these have been dropped in the bathrooms, which are all marble. There is a very grand staircase, and chandeliers throughout.'

The Dudley House was built in 1827 for the Dudley Ward family, to become a hang out place for Edward VII, where he would meet his mistress in secret. According to property experts the house could get sold for £250m.

With this, now there have sprung up many properties like such. The 36-38 Queen Anne's Gate was bought for £50m, and is not all set to get itself renovated, trying to make it include, double height basement, swimming pool and underground car park. On the other hand, Luxury property experts, point out Bridgewater House in Westminster, could fetch as much as Dudley House. This grand property is owned the family of Yiannis Latsis.

While the rest of the UK is seen facing problems in owning a house and are considering on renting a house for longer term and even those who are trying to own are doing so through mortgage finance and later to only find them in the debt and or the ones who are renting are finding themselves trapped in rent arrears. On the contrary, this seems quite dubious and ironic that properties are being bought, renovated and then sold, all a royal's game. This is the ground reality, a royal trend.

House prices in UK’s official beauty spot hits the roof

Latest reports from the property market reveal, house prices in UK's most spectacular sites is seen climbing sharply.

The prices have been noticed to increase by an average of nearly £110,000 in the past ten years. This makes it an average of £900 a month in the past decade of such Areas of Outstanding Natural Beauty (AONB), UK.

According to the report by Lloyds TSB, home prices have surged in four areas of AONB. The beauty spots included the likes of - Solway Coast in Cumbria, the Northumberland Coast, the Kent Downs, the Forest of Bowland in the North West and Cornwall.

Where these places saw themselves getting a doubled price, there on the other spectrum, are places which have registered not so massive growths. These were Dedham Vale on the Suffolk-Essex border which saw a steep rise in price at about 61%, with North Wessex Downs saw a rise of 66%.

The report further states that the average home prices in these areas have outgrown the average annual gross earning by seven times, marking a price of £235,215 in 2012, thereby making it actually exorbitant and has made its affordability sinking.

The report found that people pay nearly £15,000 to stay in such areas. Among them, Surrey Hills is the most expensive AONB in England costing £407,568 while the Forest of Bowland is the most expensive outside of southern England, property prices of £212,301.

"The relatively high property values in many of these locations reflect the quality of life benefits associated with living in some of our most idyllic beauty spots," explains Suren Thiru, housing economist for Lloyds TSB.

"However, the fact that property prices have typically risen considerably faster than average earnings has created significant affordability difficulties for many of those living and working in such locations," Thiru adds.

Whether an area is outstanding or not, is defined in previous landscape whose distinctive character and natural beauty are so outstanding that it is in the nation's interest to safeguard them.

The price of buying a home has inflated in recent times and has thereby definitely outdone the rise in the cost of living of people.

Property asking price skyrockets, but the Eurozone crisis coupled with the sporting season in Europe, sadden sellers

The latest data from UK property listing website, Rightmove, announced highest record of Property asking price, however, the trend might be crunched in presence of enough number of homes for sale and the summer sports in UK are set to deter this trend.

Right move has observed this trend to be for the third month in a raw, by home sellers of London and South East.

However, the report has got bad news for the property dwellers of unpopular areas. For them, they will have to lower their house asking price keeping in mind the Eurozone financial crisis. More so, the summer in UK is marked as a sporting season for having Euro 2012 and the London 2012 Olympics which will keep the potential home buyers away from buying.

'Agents report a two-tier market where those who can afford to price realistically are selling, while those who are equity-poor are struggling to sell as they often have to price up to make any prospect of a move viable,' said Miles Shipside, director at Rightmove.

Added to this, the report recorded increased number of supply in terms of sellers, with 29,394 new sellers a week-'highest new listing run-rate for two years.'

The national average rate of asking prices has risen to one percent in the month to mid-June to £246,235.

The report said: 'In spite of sellers' current record price aspirations, in real terms they are still an average of 13% lower. London is the only region where there has been an inflation-busting increase over the same five year timescale, with asking prices 3% ahead of the national Retail Price Index (RPI).'

The latest survey from Royal Institution of Chartered Surveyors, noticed a tough time for sellers with estate agents selling less than four homes a week in May on average, despite the fact that May traditionally has been an apt month registering higher sales of home.

Report further stated how sellers are forced to sell their property at a price then their expected price and otherwise the sellers who don't get their price, get reluctant to sell and wait for the right buyer, making their property stay on hold for a longer period of time.

Mr Shipside said: 'It remains a very local market ruled by property style and location, and a few minutes study will reveal whether your property is hot or not.

'The traditionally more active spring window is closing and a summer of sporting distractions underway. Cutting your asking price to be cheaper than your competition and promoting your selling points better will be the key to avoid being an also-ran in the race to sell.'

Therefore, even though the property asking price is seen rising, the current economic and social happenings in UK, shall not allow the trend to sustain and thereby not let the sellers get an advantage.

Thursday 5 July 2012

Are you planning to Relocate?


  Moving from one location to the other is indeed a stressful time. Not only is the whole process physically tiring but also affect you psychologically and emotionally when you leave the place and people with whom you’ve had almost spent so much of your life’s time.

Having a decent amount of experience in this field, now we really know as to what it takes when relocating a house or business. To make the process easier for you, we provide you with complete relocation solutions.  We know that relocation is a stressful event, physically, mentally and emotionally. Looking after the physical aspect, we very well try to provide our clients with services such that that they fell happy and excited to be a part of the new home or office they are getting relocated to.  That is the only motto behind our existence. For this we make sure that we give enough detailed attention to our clients’ needs and accordingly provide with solutions. Honestly, on this is the true reason for our best services.
We ensure that we provide our clients with the following services as effectively and efficiently as possible:
  • Expert packaging and removal services
  • Temporary and permanent home search services
  • Educational and school facilities
  • Cross cultural orientation and training facilities
  • Neighborhood orientation facility
  • Last but not the least and most important, complete information on the local area and services and helpline service facilities.

Removal services:

So, now if you’re planning to move from one place in UK to other or from other country to UK, (planning to relocate) you can now avail to the services of removal/moving companies in UK and be rest assured of the moving process and safety with it.

Our removal facility has devised comprehensive ways of moving such that is personalized to your needs.  Under our relocation services, we provide you with any distant removal services, which are domestic as well as international.  With the presence of numerous amount of vehicles with regular departures to all cities within the country or outside which makes our International removal service to be perfect and one that is highly approachable by people who are relocating. We also provide business relocation services and thus any removal services needed in those areas.

Storage services:

While relocating, not only you need the help of removal companies, but also that of storage companies. At fast sell home, we ensure you to provide with a range of different packaging options such that they are tailor made to suit your needs.  We make sure your valuables are just kept saved and secured, thoroughly packed by us while your luggage is being relocated by a removal company. Our storage services have latest storage materials and equipment to protect your valuables from scratches in transit.

So, now while relocating, you needn’t worry about the safety and fragility of your valuables, because fast sell home’s relocation services provide you with one of the best storage companies in UK.

We have a national as well as international removal and storage facilities, to provide you with smooth, flexible and less cumbersome in process.  So, now whenever you are moving your house, office, nationally or internationally, and you need storage and removals for your house or office relocation, fast sell home is just right for you.

Get a removal and storage quote today, quickly. Contact us.

Are you getting Divorced and you need to Sell your Home?


  You are partners and are now willing to separate and get a divorce for reasons known to you. Now, if also one of your partner is in debt and are seeking divorce, then to get yourself out from the debt and also peacefully finish your divorce proceeding, then you have no choice else than to sell your home. Since, you’re seeking divorce and you’d want to sell your home before that, then you’ve no option else than selling your home quickly through fast cash property buyers UK.

You may be in debt and you also want to seek divorce. One is financial commitment while other is a personal commitment and you feel obliged to fulfill both your obligations. You can settle your debts by selling your home and then look on to preceding your divorce smoothly.  In such a situation you wouldn’t want to waste your time in making your house being sold through traditional means of selling, i.e. through chains or estate agents, etc.  The facility of Quick/Fast sell home UK, helps you sell your house quick in cash.

Now, the process of getting a divorce is much easier and simpler provided both the partners agrees to it and get the procedure done completed by a divorce lawyers/divorce solicitors in London/UK.  It is advisable to seek help from your family lawyer as they can help you get things done quickly with much lesser hassle.  However, in absence of the family lawyer, it is better advisable to take divorce advice from divorce solicitors so that they can help you establish what actually is right for you.

First of all it is always advisable to take advice on the relationship, then consider divorce finances and help seek consensus of both the partners on the needs and requirements out of divorce.  Among all those requirements, you need to give explanation of the basic and important most points of the divorce:
  • Who will look after the children
  • How much will the husband give in the alimony
  • Reasons for seeking divorce, to be known from both the sides.

Then decide on who gets what in terms of property and assets. If either of the partners doesn’t agree on the divisions then the lawyers of both the parties can help you reach a conclusion by chalking out a mutually agreeable divorce asset division plan.

After all that has been mentioned above has been agreed to, then just follow through the process.  For that both the parties need to get agreed for the divorce, then file a divorce petition, then request a ‘decree nisi’ order which basically means that court has no objection whatsoever in your getting divorced and at last you will need to obtain another legal document called ‘decree absolute’ which becomes the legal basis for ending your marriage.  Once you get that and you’re officially and legally divorced.

Before seeking divorce, it is of vital importance that you seek relationship advice from a counselor, if that doesn’t work then approach the divorce solicitors and make sure both the parties agree on getting a divorce, then on who will take care of the kids, about divorce settlement and finances.

In such an hour of immense importance for your life, when you would want to sell your home, you would of sure want it to sell quickly.

We, at Fast sell home, understand the pressure you’re going though and thus help you by providing an offer to sell quickly your property on cash.

Latest repossession trend in UK

Research shows that the North and South of UK face vast differences as far as repossession is concerned. Research from e. surv chartered surveyors point out the situation of higher repossessions in North UK as compared to South UK.

Report points the causes of higher unemployment, austerity and effects weak economy jolting the Northern UK.  The highest repossessions are faced in the North East, M62 corridor and Greater Yorkshire, while, the South and South East, faces fewer repossession.

Report marks at the condition of the North UK’s employees who hit by the economic downturn, are mostly working in the public sector, making them unable to repay their mortgage payments.

‘Banks are playing a vital role in keeping people in their homes. They’ve been increasingly forbearing to borrowers in mortgages in arrears, and this has kept repossessions levels deflated. But it can’t last forever. The pace of public sector austerity is quickening, and the economy has ground to a standstill. This will push up unemployment and pillage personal finances, forcing more people into mortgage arrears,’ said Richard Sexton, business development director of e.surv.

‘On top of that, the cost of funding mortgages is increasing for banks. Their balance sheets are being stretched to busting point by the euro zone crisis, which will mean they simply can’t afford to support as many struggling borrowers. With the north more exposed to the grind of public sector austerity and a downturn in the economy, the north-south divide in repossessions levels could become even starker over the coming months,’ he explained.

‘Spending cuts, negative real wage growth, falling house prices and public sector unemployment have hit the north much harder than the south. This has opened up a gaping geographical divide in repossessions levels. With local economies in the north declining faster than their southern counterparts, proportionally more northern borrowers have struggled to keep up with their mortgage repayments, and banks have been forced to repossess more  homes,’ Sexton pointed out.

‘The South and South East, with a bigger proportion of the workforce employed in the private sector, haven’t been left as groggy by the economic blows dealt by the government’s austerity programme,’ he added.

Repossessions in North east were higher than the national average of 15 per 10,000 households, Darlington and Durham, facing n average of 24 repossessions per 10,000 households, 60% higher than the national average.  Whereas, repossessions were much lower across the Cotswolds, the West Midlands, the West Country and the southern coast of England, almost around 12 to 13 repossessions per 10,000 households in the second half of 2011, some 20% lower than the national average.

The reason for lower rate of repossessions in South UK is mostly because there are a great number of retirees with huge savings, and also the employment in the public sector is much lower. Much of the people there are into private sector, making them not affect by the economic jolts of the government’s austerity program.

‘Repossessions levels can vary wildly, even within a confined geographical space, thanks to local disparities in affluence and employment rates. Particularly in larger cities, there are can be pockets of wealthy borrowers close to council estates,’ said Sexton.

‘We’re seeing a broader trend of less affluent, higher risk borrowers gravitating towards the city centre, with wealthy homeowners moving into the leafy suburbs. London is a slightly different beast. It is the most pronounced example of how repossessions can vary locally. It has wealthy enclaves, like the City and Canary Wharf on the doorstep of poorer areas like Tower Hamlets and Dagenham,’ he added.

Foreign investment in UK’s properties

Qataris have shown much of their interest in buying UK property. With the selling of properties in UK getting tough at this time, the cash rich investors, Qataris have bought off many properties in UK, especially in the UK capital London.

For instance, the rich investors of Qatar have bought he £2bn Shard, all 1,016 feet of it, making it the Europe’s tallest skyscraper. Else from that, they have already invested in Canary Wharf, Harrods and One Hyde Park, most expensive blocks of London.

To amaze you, the country's Sandhurst-educated ruler, Sheikh Hamad bin Khalifa al-Thani, also owns a part of Sainsbury supermarket, huge chunk of London Stock Exchange and also the Olympic village.

According to the reports by economics consultancy, Fathom Consulting, commercial properties in UK that too in up market and posh areas, have been noticed to garner huge overseas investments.

Further the report has remarked that the properties in Prime London has outperformed than the properties in Greater London by 30% and in overall UK by 34%. "This has led to a growing belief that prime central London is special and entirely separate from the rest of the UK property market. That it's in a class of its own," the report says.

The fact is also aided by a report from Development Securities which noticed that London remains a hotspot as far as foreign investment is concerned leaving behind New York and Paris. The report concluded that at the end of 2011 52% of the City of London's office space was foreign-owned.

Joining the Qataris in the race are also millionaires and tycoons of Greeks and Spain respectively. However, this is true only for rich people. For when the economy faces a recession, the investments are discouraged.
All in all, London is indeed a pie every foreign investor would want to have. Keeping in mind the current economic situation in UK, money from foreign investment can really help heal the economy.

UK house prices registers highest annual decline rate

According to the latest reports on house prices for sale in UK, noticed the highest decline in rate of houses in last three years.  The challenging economic time of UK has hit hard on the property prices making it way cheaper in June.

This is the biggest fall registered from August 2009, of 1.5 % year-on-year to £165,738 on average. The situation is not so same for all the cities in UK, however, that said, there is a decline in prices overall by an average of 1%. However, in London, the prices during this time were up by 1%.

The immediate cause for this situation can be attributed to the ending of stamp duty concession for the first time home buyers in UK which ended in March.

Robert Gardner, Nationwide's chief economist, said prices are likely to remain "fairly stable" over the next 12 months amid a lack of homes on the market, continuing a trend seen over the past two years.

"The slightly weaker trend we've observed since March is unsurprising, given the difficult economic backdrop, with the UK economy dipping back into recession at the start of the year and few signs of a near-term rebound," he said.

Else than the problem of ending the stamp duty concession, the other reason for increase house prices is the non-availability of the easy/soft mortgage finance. If the lending becomes cheaper by the banks in England, the situation could be come down to normal.

Mark Harris, chief executive of mortgage broker SPF Private Clients, said: "While the recent lending figures from the Council of Mortgage Lenders were encouraging, here we are back down to earth with a bump. The Olympics and traditional summer lull mean the next few months look set to be even more challenging.

"However, a number of lenders have reduced their fixed rates in the past couple of weeks, reflecting cheaper Swap rates and a desire to transact some decent levels of business ahead of the quieter summer months, so those looking for a mortgage will find some good options at the moment."

While some say that the outlook will better in the second half of 2012, the others say that the economic downturn will not cease and shall aggravate, making it danger that the house prices will fall more.

The ongoing Euro zone crisis have created a situation in which the households who have taken a mortgage loan to buy a house are busy repaying the mortgage, and the new mortgage schemes or lending schemes that are coming are obviously keeping a high rate in order to benefit themselves from the ongoing financial crunch.

All in all, this is indeed a grim situation, the government really needs to do something concrete in terms of banking schemes that shall benefit the housing and property market in UK.

UK house prices registers highest annual decline rate

According to the latest reports on house prices for sale in UK, noticed the highest decline in rate of houses in last three years.  The challenging economic time of UK has hit hard on the property prices making it way cheaper in June.

This is the biggest fall registered from August 2009, of 1.5 % year-on-year to £165,738 on average. The situation is not so same for all the cities in UK, however, that said, there is a decline in prices overall by an average of 1%. However, in London, the prices during this time were up by 1%.

The immediate cause for this situation can be attributed to the ending of stamp duty concession for the first time home buyers in UK which ended in March.

Robert Gardner, Nationwide's chief economist, said prices are likely to remain "fairly stable" over the next 12 months amid a lack of homes on the market, continuing a trend seen over the past two years.

"The slightly weaker trend we've observed since March is unsurprising, given the difficult economic backdrop, with the UK economy dipping back into recession at the start of the year and few signs of a near-term rebound," he said.

Else than the problem of ending the stamp duty concession, the other reason for increase house prices is the non-availability of the easy/soft mortgage finance. If the lending becomes cheaper by the banks in England, the situation could be come down to normal.

Mark Harris, chief executive of mortgage broker SPF Private Clients, said: "While the recent lending figures from the Council of Mortgage Lenders were encouraging, here we are back down to earth with a bump. The Olympics and traditional summer lull mean the next few months look set to be even more challenging.

"However, a number of lenders have reduced their fixed rates in the past couple of weeks, reflecting cheaper Swap rates and a desire to transact some decent levels of business ahead of the quieter summer months, so those looking for a mortgage will find some good options at the moment."

While some say that the outlook will better in the second half of 2012, the others say that the economic downturn will not cease and shall aggravate, making it danger that the house prices will fall more.

The ongoing Euro zone crisis have created a situation in which the households who have taken a mortgage loan to buy a house are busy repaying the mortgage, and the new mortgage schemes or lending schemes that are coming are obviously keeping a high rate in order to benefit themselves from the ongoing financial crunch.

All in all, this is indeed a grim situation, the government really needs to do something concrete in terms of banking schemes that shall benefit the housing and property market in UK.

Wednesday 27 June 2012

The trend of Home Part Exchange in UK

UK property market is presently suffering stagnation and selling or renting your home in UK is not at all easy.  It is for this reason, in your need to get rid off the property that people are opting to or resorting for Home Part Exchange schemes, which possibly happens through fast home buyer companies.

A Part Exchange scheme basically refers to a type of contract in which both the parties involved, i.e. the producer and the consumer respectively, partly supply and partly pay money for that good or service, respectively.

This scheme of Home Part Exchange allows you to sell your property for a new one merely by making a part payment for the new property. The trend is showing popularity in UK property market.

Reports from the leading real estate companies/property market companies in UK noticed a surge in the Part Exchange schemes up by 42%.  There are various reasons leading to the popularity of the trend:

Firstly, the scheme prompts the prospective buyers to initiate a move towards selling property and buy a new property. What Home Part Exchange does is, by allowing part payments, it provides sellers the security that they'll get their new house, by only making a part payment and that their house will be sold quickly through cash home buyers.

Secondly, the property companies/real estate companies in UK into building new houses are into making homes for the larger/bigger families and this is seen to attract the second and third time buyer's market.

That aside, it is of much significance for the house sellers and house buyers to be able to use this scheme for their benefits. The early pioneer of this vitally important scheme/program was Barratt Homes, UK, which is now a leading property company of UK. Later, there also came other property companies such as Taylor Wimpey, Persimmon and Bellway, to name a few, who too had come up with similar schemes.

All in all, much thanks and applauds for property companies in UK to come up with such flagship programs, one that of Home Part Exchange scheme. It is indeed an ideal scheme in this current property climate, for people aiming to quickly buy bigger houses by selling their properties.

Property asking price skyrockets, but the Eurozone crisis coupled with the sporting season in Europe, sadden sellers

The latest data from UK property listing website, Rightmove, announced highest record of Property asking price, however, the trend might be crunched in presence of enough number of homes for sale and the summer sports in UK are set to deter this trend.

Right move has observed this trend to be for the third month in a raw, by home sellers of London and South East.

However, the report has got bad news for the property dwellers of unpopular areas. For them, they will have to lower their house asking price keeping in mind the Eurozone financial crisis.  More so, the summer in UK is marked as a sporting season for having Euro 2012 and the London 2012 Olympics which will keep the potential home buyers away from buying.

'Agents report a two-tier market where those who can afford to price realistically are selling, while those who are equity-poor are struggling to sell as they often have to price up to make any prospect of a move viable,'  said Miles Shipside, director at Rightmove.

Added to this, the report recorded increased number of supply in terms of sellers, with 29,394 new sellers a week-'highest new listing run-rate for two years.'

The national average rate of asking prices has risen to one percent in the month to mid-June to £246,235.

The report said: 'In spite of sellers' current record price aspirations, in real terms they are still an average of 13% lower. London is the only region where there has been an inflation-busting increase over the same five year timescale, with asking prices 3% ahead of the national Retail Price Index (RPI).'

The latest survey from Royal Institution of Chartered Surveyors, noticed a tough time for sellers with estate agents selling less than four homes a week in May on average, despite the fact that May traditionally has been an apt month registering higher sales of home.

Report further stated how sellers are forced to sell their property at a price then their expected price and otherwise the sellers who don't get their price, get reluctant to sell and wait for the right buyer, making their property stay on hold for a longer period of time.

Mr Shipside said: 'It remains a very local market ruled by property style and location, and a few minutes study will reveal whether your property is hot or not.

'The traditionally more active spring window is closing and a summer of sporting distractions underway. Cutting your asking price to be cheaper than your competition and promoting your selling points better will be the key to avoid being an also-ran in the race to sell.'

Therefore, even though the property asking price is seen rising, the current economic and social happenings in UK, shall not allow the trend to sustain and thereby not let the sellers get an advantage.

House prices in UK’s official beauty spot hits the roof

Latest reports from the property market reveal, house prices in UK's most spectacular sites is seen climbing sharply.

The prices have been noticed to increase by an average of nearly £110,000 in the past ten years.  This makes it an average of £900 a month in the past decade of such Areas of Outstanding Natural Beauty (AONB), UK.

According to the report by Lloyds TSB, home prices have surged in four areas of AONB.  The beauty spots included the likes of - Solway Coast in Cumbria, the Northumberland Coast, the Kent Downs, the Forest of Bowland in the North West and Cornwall.

Where these places saw themselves getting a doubled price, there on the other spectrum, are places which have registered not so massive growths. These were Dedham Vale on the Suffolk-Essex border which saw a steep rise in price at about 61%, with North Wessex Downs saw a rise of 66%.

The report further states that the average home prices in these areas have outgrown the average annual gross earning by seven times, marking a price of £235,215 in 2012, thereby making it actually exorbitant  and has made its affordability sinking.

The report found that people pay nearly £15,000 to stay in such areas. Among them, Surrey Hills is the most expensive AONB in England costing £407,568 while the Forest of Bowland is the most expensive outside of southern England, property prices of £212,301.

"The relatively high property values in many of these locations reflect the quality of life benefits associated with living in some of our most idyllic beauty spots," explains Suren Thiru, housing economist for Lloyds TSB.

"However, the fact that property prices have typically risen considerably faster than average earnings has created significant affordability difficulties for many of those living and working in such locations," Thiru adds.

Whether an area is outstanding or not, is defined in previous landscape whose distinctive character and natural beauty are so outstanding that it is in the nation's interest to safeguard them.

The price of buying a home has inflated in recent times and has thereby definitely outdone the rise in the cost of living of people.

Emir of Qatar renovates 185 year old Britain’s mansion, makes it worth £200m


  Qatar's royal family has set their foothold in UK's property. The family has spent on renovating a grade II property, now making it worth £200m – making it Britain's costliest property.

The emir, Sheikh Hamad bin Khalifa Al Thani, had brought the property, named  Dudley House in London's Park Lane,  for a mere £37.4m in 2006, tried lavishing by renovating, now making it worth the what is the most priced property in Britain. Not only the amount spent on renovation, there are various other points worth considering about the property which is all set to aid it as the priciest mansion of UK.
  • The house is known to give splendid view of the Hyde Park.
  • It has a presence of a 50ft ballroom, an 81ft picture gallery and furniture
  • 17 bedrooms and 14 reception rooms
  • 44,000 sq ft of space
  • Knocked down three different properties to make it to one grand mansion

The Sunday Times updates on the interior, states the interior designing has been kept intact to the original Regency and Victorian interiors.
Further, to let you imagine the interior, Gary Hersham, head of Beauchamp Estates, said: 'There is gold leaf throughout. The other main colors are cream and neutral - it is very tastefully done.

The ceilings are ornate and very high, although these have been dropped in the bathrooms, which are all marble. There is a very grand staircase, and chandeliers throughout.'

The Dudley House was built in 1827 for the Dudley Ward family, to become a hang out place for Edward VII, where he would meet his mistress in secret.  According to property experts the house could get sold for £250m.

With this, now there have sprung up many properties like such.  The 36-38 Queen Anne's Gate was bought for £50m, and is not all set to get itself renovated, trying to make it include, double height basement, swimming pool and underground car park. On the other hand, Luxury property experts, point out Bridgewater House in Westminster, could fetch as much as Dudley House.  This grand property is owned the family of Yiannis Latsis.

While the rest of the UK is seen facing problems in owning a house and are considering on renting a house for longer term and even those who are trying to own are doing so through mortgage finance and later to only find them in the debt and or the ones who are renting are finding themselves trapped in rent arrears. On the contrary, this seems quite dubious and ironic that properties are being bought, renovated and then sold, all a royal's game.  This is the ground reality, a royal trend.

Sell your property with least expenses - Know the cost involved in selling your house


  Selling a property isn't as easy, short-processed and quick, as the word sell sounds.  There are many steps that are involved in selling a property/house/home and almost all of these steps require incurring some cost in one way or the other. You just cannot get that large lump sum of your home/property, before fully implementing the process of selling and implementing requires you to incur.

So which are the expenses/costs which you generally need to incur being a seller?

Your first obvious cost would be to refurnish your house. This is all if you wish to. Good furnishes houses are known to fetch you good price.
After that you decide to sell your home and with that also the way through which you'll make you home sale.

You've many options at your disposal. You can choose to make a sale though either of the ways:
  1. Estate agent
  2. Auction
  3. Private sale
You can opt for any channel of selling, but while you do so, do compute the cost of all the channels, very carefully in terms of expenses/costs/fees that they charge.

In case you decide to sell it through an estate agent, you should know that the usually charge a commission and that is usually between 2-3% of your house's selling price. So, more often than not, it is the selling price of your property which actually decides an agent's fees. However, you can talk to your agent and come to a consensus, on a price on which both of you agree. So, a bargain can be done here.  However, do not bargain too much for a price that is unrealistic.

In case you decide to sell your property through an auction, the fees they charge is about 2% of the selling price. Now, there are some auction houses whose fee will include the advertising charge, while some of the other may charge you for the fee which is excluding the advertising for the house sale, thereby charging you differently on the advertising cost. So, it is advisable you know what actually constitutes your fee and accordingly select an auction house for selling your house.

In case you go for a private sale, you need not worry about any sort of fees, for you yourself are an agent. Therefore, you only need to incur the marketing costs and that cost also depends on how you market.

However, you should keep in mind the time-frame in which you will need to sell your house. Since, it is much wiser to consider easy and quick ways of selling, for the amount of loss incurred by delaying the sale will be more than the fees charged by the channels.  These days, there an option of selling homes through cash buyers- buyers who buys your home at cash, quickly without much hassles, without any cost and legally.

At last, when you decide to sell your home, you need conveyancing.  It is for this stage that you'll need a lawyer or a solicitor. Solicitors charge according to the selling price of your house.  Usually a bargain with them works out, thereby helping you save some money in the process.

All in all, before, you sell your house, it is worthwhile you consider on all the mentioned factors and accordingly choose a way, a way, with least expenses.

Relocation and Quick Sell Home


  Relocating to a new place, is as much exciting as well as depressing too, for exploring a new area, city, country is exciting and a time guarantying you with new possibilities. However, it is also depressing as changing a location means leaving the old place, people and the relationships with that making it difficult for you to get rid off the emotional attachment that you derive from that place added to that the whole process of relocation is bodily tiring.

Now, there might me many reasons for you to relocate such as:
  • Job transfers
  • Moving to a better place due to rise in income
  • Moving from a better area to a backward, poor one due to fall in income or financial problems faced.
If in such urgent time you choose to sell your home through traditional methods of selling home, which is selling it in open market, could make your home sell deal drag long for many months if not years.  Also, you cannot consider the option of moving before your house is sold because then this will make you have the burden of double payments for two places- your old home and your new home.

Whatever might be the reason, you urge to sell home is on high and in such situations, fast home buyers/cash property buyers/home buyers lends you a helping hand.

Most of the time, there might be situations such as:
  • You've got home  buyers but you are unable to sell off your home because you're stuck in chain
  • You haven't found a home buyer and you need to relocate quickly.
For one or for all the reasons mentioned above, you have no option left else than selling your home quickly. Fast cash homebuyers allow you with an immediate offer to sell your home, and if you agree on terms of sale, you get cash quick on your home sale.

With the presence of cash home buyers, you need not worry about splitting up your family, by making a move one by one. With selling your home through fast cash home buyers, everyone in the family can move at one go, together. This will help you save your money which would have been spent behind making temporary rent accommodations.

All in all, now you can remain as carefree as possible and start your new life, at a new place, without having to worry about your family being miles away from you.

Sell House Fast and Enjoy Retirement

Retirement is that phase of your phase where after working for many years, you opt to take a break from your professional routine of your life and decide to sit back home. You may retire because of an old age which almost always takes a toll on you, if it were allowed to make you work. Which is why, in all the countries, the government has proposed a maximum age until which any senior citizen can work.  This is done purely keeping in mind their health.  Making them work in an older age is no useful as by that time they have lost their ability to think and work in a fast way.

Most of the people in UK aim to get retired in comfort. However, the savings and the pension funds are way too inadequate to guarantee them the kind of life they have had dreamt for themselves.

It is in such a situation that the senior citizens may consider selling their only primary property – selling their home so as to live the rest of their lives financially secured and live stress free and peacefully. Even if that is not the case and you're opting to sell your home for various other reasons known to you, at this age, then you've no other option than to sell it as quickly as possible, for if the reasons are too demanding.

It is here that you will need the help of fast cash home buyers or cash home buyers, who will help you, sell your home quickly and hassle free, so that you can get rid of your problem and then sit back and relax, stress free in your retirement days.

Such fast cash home buyer companies buys your property on a quick base with cash, letting you allow the deal at your convenient time.  More so, you even avoid the long stretched process making your house get sold through an estate agent where one by one he gets you the interested customers, which after seeing the whole home for several times, and almost finalizing the deal, breaks it due to various reasons. You don't face such problems while selling your through fast sells cash property buyers.

Such companies provide you with the best deal, at the price that you just want.  This also delay hassles otherwise faced in selling your home. The fast sell home buyers buy your property with cash, on a fast basis, using an established professional and easy and simple process, otherwise associated with selling home through agents, solicitors and surveyors.

All in all, such fast cash home buyers will do all that it can to sell your property and assure you a profitable deal and enough financial security out of the deal, which is just what you need to leave peacefully in your retired days.

Fall in UK Home Repossessions

The most recent report by the Council of Mortgage Lenders, noted the trend of repossession of property in UK being falling in the first quarter of 2012.  Last year, for the same quarter, the amount of repossessions was the same as this year's first quarter, which amounted to 9, 600.  The council was content over the stability seen.

However, the Council of Mortgage Lenders also said that the stability might not remain there forever, for there might be different financial factors such as household finances, changes in welfare benefits and rising mortgage rates.

The amount of repossessions/evictions for this quarter was much higher than 8,700 which were registered in the fourth quarter of 2011. However, the amount went up to 9, 600 and was the same as first quarter of 2011 and that is seen as a welcoming trend.

The Council for Mortgage Lenders had estimated the amount of repossession at around 45, 000 houses for the first quarter of the year. However, the amount of house repossessed for the first quarter of the year was much lower than what it was estimated. The Council now believes that the estimated amount can be revised when updated housing market forecasts are published later in the year.

Now, there are many reasons attributing to this falling amount of repossessions. The most important being the growing presence of fast cash property buyers. These agencies deal in fast or quick sale of home in order to stop repossession or stop eviction.  The estate agencies act as repossession helpline who provide you with various advices on repossession.  These agencies also provide many distressed property owners with solicitors that deal l with repossessions/eviction in London.  All this has been helping distressed property owners who have been unable to pay their mortgage payments, to get rid of it, thereby registering a lower rate amount of repossession of properties in UK.

Seeking to reassure people who are having trouble meeting their mortgage payments, Paul Smee, CML director general, said that repossession is a last resort for lenders and the number of repossessions remains relatively low. "Anyone worried about their mortgage should be assured that lenders will try to help them get back on track, as long as this is a realistic prospect," he added.

All in all, there should be more presence of repossession advisers and helplines and fast sell home estate agencies. This will certainly bring the rate of repossessions down and also bring a sigh of relief for the distressed property owners in this hard borne economic time.

Saturday 16 June 2012

Home Information Packs

The UK legislation for reducing gazumping and gazundering, Home Information Pack or HIP was introduced by the UK government in 2009. HIP is basically a pack of property consisting of certain documents of the home property, which are to be there at the time of selling the property. HIP is for sellers selling home in England and Wales. There is a different legislation for the same in Scotland. The pack contains a set of property documents. It included the documents of: Energy Performance Certificate, Sales Statement, Property Information Questionnaire, Title documents for property and Local Authority and drainage searches.

The intent behind bringing forth the legislation lied in the fact for reducing the glaring amount of gazumping that was occurring in the home sell market. It was also said that this pack would welcome a speedy and transparent selling deal/transaction. Since the pack provides detail over various documents, it becomes quite an easy and simple as well as fair process on behalf of the buyer, as he gets all the necessary information just before he goes to check for the property. This saves their time and energy and also keeps them awaked.  This would also lead to lower property search costs. Further, the inclusion of different documents of Energy of Performance Certificate have provided new information on energy efficiency that can help literally cut down on carbon emissions and help get the potential buyers an idea of likely costs of their energy bills.

However, the 2009 legislation was scrapped as soon as in May 2010. The newly elected coalition government of UK, decided to abolish the legislation. The reason to abolish reflected in the comment that the process is expensive for sellers, and already hit by the Europe's economic downturn, making HIP would be an expensive document.

Further, the UK's, Royal Institute of Chartered Surveyors made a point about the HIP that they have had failed in solving problems arising during the conveyance process such as,  gazumping, gazundering, wasted survey fees, etc. still continued despite the HIP's presence.

All in all, the HIP really was one of the powerful legislation benefiting the home buyers. With the abolition of the legislation, now, however, the buyers might again face the problems of gazundering and property search fees.

Benefits of selling your property through auction

If you're hardly hit by the economic downturn and are in desperate need to sell your property then selling through an auction is just the right choice for you. While selling your property through an estate agent or privately make take a lot of time for you, sale through auction can save our life.

Usually it takes a lot of time if you sell your property through an estate agent or privately, for there might be many buyers who'll come to check your property and you have a power to say them NO until you get a right price for your property. However, selling through auction lets a quick sale of your house as you don't have a power to say NO. The process for selling through an auction involves just registering your property with an auction house the highest bidder gets the property and you might even get a price than you'd expected. But, you got to vacate your property after right after 28 days of the decision.

Thus, selling via an auction not only lets you get a higher price for your property but also the process is time saving.  Not only this, if the buyer cannot complete the sale by not giving you full amount decided in terms of selling price, in due time, then the buyer feels heavy penalties. If the sale doesn't happen due to lack of finance then, you as a seller as free to keep their 10% of their deposit amount with you and if you sell your property to someone at a price lesser than the price offered by the buyer at auction, then they are also liable to pay the differences in the two prices. You don't get such benefits when selling a property through an estate agent or privately.

Also, selling through an auction is has advantages for certain type of properties. Such as disposing off land, repossessed properties and any other properties which are difficult to estimate in terms of their value and, can only be sold quickly through an auction.

Thus, all in all, selling property though auctions is far way beneficial and burden reducing to you as a seller than just selling through an estate agent or privately.

Selling your property in a tough financial time

The Euro zone financial crisis has been having a dooming effect on almost all the sectors of UK and on the UK economy as well.  In this hard hit financial times, property buying, selling and renting has been a task of challenge.

Keeping in mind the current property market trends in UK, there might be many property holders wishing to sell their property. However, a care should be taken by them that their property doesn't get sold off a price lower than the current market value of that property. While, if you have already estimated your property value, and have kept it at a higher price, then getting the exact price, in this season of economic slump, might be a dream impossible for you.

In order to sell off your property quickly in such time, you should get your property estimated properly and objectively. Check out the prices for such estates in your area and know how quickly they get sold, and accordingly set your selling price.

Also consider other factors such as proximity of house to market, to communication facilities, etc., and accordingly, set your selling price. This shall help you to be objective in keeping a realistic price for your property, thereby helping it to get sold quickly.

The other thing that can ensure a sale in challenging time is to refurbish or remodel your property. Also, make stand out attractive areas/rooms of our property. Make sure that area is kept cleaned. This along with remodeling your property help buyers get attracted to your property thereby allowing its quick sale.

For anything to get done, marketing is what you need. Hence, you should make it sure you market your property as best possible. This not only enables to enhance the visibility of your property sale offer into the market but also helps you get buyers who are legitimate and are willing to pay at your decided selling price.

You can decide to sell your property either through an estate agent or privately, i.e. by yourself. While selling your property privately has advantages of saving on estate agent fee and commissions, however, you might not get appropriate buyers because you're not experienced in this field which is why you don't know how to exactly get the type of buyers needed for your property to buy. Therefore, it a word of caution is required in this matter.

All in all, you needn't get panic stricken midst a financial crunchy situation. There are many buyers out there who are willing to buy properties. It only needs to be get well marketed and thus targeted right, to get it sold as quickly as possible.

Quick easy steps to sell your property


Badly crunched by the financial crisis, you may consider selling off your property or for any of the reason; you should know that you won't get the exact price that you'd wanted.

In this situation, you may want to consider the option of selling your house quickly. Selling your house through an estate agent might take you time and also charge you commission.

Hence, the only best solution left for you is to sell your house through fast cash property buyers.

Fast cash property buyers is a term for a property dealer, who are in many numbers, a company of them, who have cash accounts already available in their bank accounts ready to let you help liquidate your property.
Steps to sell your house quickly:
  • First of all, you need to locate fast cash buyers. There are many online companies who deal with this facility and they also have a web presence. So, an online research of companies dealing in fast cash property buyers would make your entire process easy.
  • Once you have found the best fast cash property buyer, the next step is to fix a date when one of the representatives of that company can come for your property inspection.
  • Your next step certainly involves cleaning your house. As, when they come for inspection, you would want your property to be highly furnished and cleaned so as to get the best market value of your house.
  • It is always advisable to push for the selling price you want to, however, consider all the points and then come up with a feasible price.
Once, if all has been agreed to between the cash property dealer and you, then without dealing you must sell off your home quickly, following all the legal requirements.

How to sell of your probate property quickly

Inheriting a property from your loved one is no doubt a great blessing and love showered to you. However be the position of the property, you'll for sure feel emotionally connected to it.

However emotional we might be regarding inheritance of property, we cannot afford to miss on the troubles that it might create for the inheritors.
As an inheritor you might be facing the problem of unexpected costs in the form of paying high rate of inheritance tax, or the cost involved in maintaining your old inherited property.

Now the only option left to make your way out from these mounting expenses is to sell the inherited property quickly.

We all know that the idea of selling your beloved elders property is not likeable; however, when thought rationally about your expenses, it might just not be wise to keep up with the property.

In this situation, you might just want to sell your property quickly. You want to get rid of it and so you don't expect a high selling price. But despite that it is advisable to keep a competitive selling price. Take a review of the current prices of real estate in the area where your inherited property is located. This will help you keep a price apt for selling off your beloved elder's property.

In order to sell off your inherited property quickly, you need to enhance the physical appearance of your property, in terms of totally renovating it. This is if you want a higher price for your property or if you wish to sell it off through an estate agent, which usually delays the selling process.

However, if you are in a really financially crunchy situation and you may have no finances to furnish your property or have no time to wait till you get a customer who will want to buy your inherited property at you price, then you may have to consider the option of selling your inherited property fast cash property buyers.

The sale with fast cash property buyers involves least fuss usually associated with selling inherited property.  The sale through fast cash buyers allows you the benefit of quick release of capital. The benefits further stretch to avoiding the need to pay any Capital Gains Tax, the possibility of paying it could have been present had the inheritor possessed the inherited property for any length of time.

Most important, your inherited property is a gift of your deceased loved one. You may not want to ever sell the property in a way that might lead you to stress. Selling your inherited property through fast cash buyers, guarantees you the quickest sale possible with due benefits mentioned, all stress free.

In all, if you have recently inherited a property and are facing any of such problems, then you're on the right page to let shed of your tensions attached to your inherited property.

Friday 25 May 2012

Quick ways to sell off your distressed property in UK


Owing a house is indeed a one of the greatest happiness and security one could ever have.  A house of your own adds to your social prestige and status. However, this treasured gift can be a cause for your distress and in no time, you may want to get rid off your distressed property.

UK in the recent times has faced a severe amount of social and economic tragedies that have made many of its citizens choose to sell off their property, the two main reasons being the economic slump down in the European market and the recent riots in London.

Hence, when knocked by such a situation,  QUICK SALE OFF, is really a savior.

With the onset of such situations, the real estate consultants have grown in UK and there have been online consultancies and helps which buys your distressed property in UK . Often during foreclosures, short sale of your property might save you from repossession.

So if you are one of the owners of those distressed property, then you can simply get rid through these instant solutions:
  • Search “quick sale property in UK” and you would get a million of saviors
  • Choose a correct company
  • Get a Certified Distressed Property Expert in UK
This is all you need to do! Short, simple and QUICK!

Preventing repossession of house property in UK


  A home provides you a roof to rest, and owning a home undoubtedly has plentiful benefits.  Owing house property provides you with a sense of ownership pride that every human yearns to feel. It is a beneficial investment that will provide you and your family security and stability.

However, that pride can be struck down to its lowest when a situation of repossession might occur and a mere thought of losing your house might stress you up like anything.  In UK itself there had been several cases of house repossessions due to the financial Eurozone crisis. However, due the presence of companies that deal in stopping house repossession in UK, have actually avoided the foreclosure of houses and helped live a happier life to citizens Of UK.

How to Prevent House Repossession in UK?
There are several things you can do to rescue your property from being repossessed.
  • Chest out your problem freely to your mortgage  lender
  • Ask your lender to lengthen the term of your loan
  • Ask your lender to reduce the monthly payment for short period
  • Ask him to add any repayment debt to the amount you have borrowed
  • Hire a money advisor that can give you fair advice about decreasing your expenses and increasing your incomes, any government scheme that may help get out of the problem like Mortgage Rescue
  • Re-mortgage you property with an ‘interest only mortgage’ or you could re- mortgage to release some equity which can be used to repay the outstanding arrears
  • Consider selling your home by fastest home buying services
However, if nothing works and you consider selling your home to prevent repossession and also gets benefits from the deal, then you should consider the selling your property to professional property cash buyers in all areas of UK through a process of “sell property fast for cash”.

These companies not only stop the repossession of your house but they buy it instantly and give you the cash and you also have an option to move on or rent it back- Sell and Rent Back Option.

This Sell and Rent Back options provides you with a number of advantages:
  • Helps release the equity and money tied up with your property
  • Helps repay the existing debt/loan
  • Helps you sell your house without you moving out from there
So here in you have an array of opportunities to rescue your repossessed and hard earned property. So why not grab and not let it go? Prevent Repossession today before your house eviction.

Benefits of e-real estate

The presence of internet has changed the way we live, work and does anything and everything. It has now become pervasive, leaving no sector have its online presence.  Much like the other sectors, the real estate sector too now has its online presence, making the process of buying, selling and letting, the properties an easier task.

In past, the deals were done face to face but now with the presence of internet, deals can be struck online.  In UK, due to the various reasons, the presence of e real estate consultancies has grown. Many innovative commercial real estate web-workers build online links to lenders, escrow companies. There are online listings for buy, sell and auction of properties and there are many websites doing the same process in UK .Instead of approaching an agent, now with the online presence, the buyers or sellers get all the requisite information through a search online.  Hence, reacting to the consumer response, real estate companies expanded their base of services by including quick sell of properties, stopping repossessions, renting house, etc. apart from the basic services of buying and selling.

Tricks and tips to flog your property quickly


  There are a number of must tricks and tips to sell your property quickly which will help fasten your process. Following are just some of them:
  • Identify your target market, determine who will be in the population to buy your property at the price you want and accordingly tailor your advertisement and approach.
  • To get the best of deals, choose the ideal time to sell off the property.  Spring and Autumn, are the ideal seasons for property sale usually because the demand outgrows the supply, thereby helping you fetch the perfect prices you needed for your property to get sold in.
  • Depersonalize your house, as it is no more going to be yours. The potential buyers who come to see the place must not feel that you are still attached to the place.
  • Refurnishing the house might get you the selling price as you’d expected.
  • Hire a good agent and solicitor who exactly understands your needs and accordingly drafts the contract and applies for the titles deed
  • It is always advisable to choose sole agency than multi-agency and always bargain for agent’s fees.
  • Get a realistic price for your property by using tools such as Property Report
  • Market your property sale well
  • For all the viewings, make special arrangements and keep it up-to-date
  • Choose the perfect buyer. There will be many buyers for the property but it would be advisable to not sell the property to the highest bidder. Before selling in to the buyer, it is necessary to review the financial condition and get basic information of the buyer.  Take into consideration the methods of how they are financing their purchases; it is often advisable to choose the buyers who are ready to buy in cash rather than raising a mortgage.
  • Ensure that the communication between the parties is continuous. It is up to the seller to keep on chasing the potential buyer, in order to keep him motivated and sure about the property. For this, there has to be constant communication in any form.  After all it is this process only which will lead into a concrete deal.

Why sell Home? - Probable Motives


UK - one of badly affected country by the Eurozone financial crisis has have put up many property related crises for the UK property market.  Of the many problems, the collapse of the global financial markets having a negative impact on the property prices is huge, it has led to the increased property cost, corresponding increase in salary rise not being matched.  As a result, people who had mortgaged their homes weren’t able to pay off their mortgage payments.
Probable motives of house sale in UK:
  • Eurozone financial crisis
  • Increasing house inflation
  • No increase in salary
  • Increased house or property prices
  • Lack of affordable mortgage finance

Saturday 21 April 2012

Why you should avoid using an agent while selling your property

Most of us think that selling the house is something that cannot be done without the help of an agent. Especially those who want to sell their property quickly always prefer hiring an agent to help him the quick sale process!

Well, let us just ponder over the details of NOT hiring an estate agent.
  • First and the foremost you save a lot of money that you will have to pay otherwise as the agent's commission. Typically an agent charges about 2.5 to 3 % + VAT of the selling price of the property.
  • For example if you sell your house for say £ 200,000 then you would have to pay about 7,000 to 8,000 £ as the agents commission.
  • Secondly a few agents use the trick of over-valuation of the property to secure their sale. Promising the owner that he will get a very high and dreamy price for the house is that agents do to assure their sale. The sale of property is delayed further and finally the house owner has to settle for the lesser price which in many cases is even less than the actual price.
  • Thirdly many agents refuse to decrease their commission amount even if the house is sold for a lower price as agreed at the time of fixing the commission.
  • Another thing that agents tend to do is to press the house buyers to buy your home out of a home loan which is connected with his agency so that they may take the advantage of their internal corporate rip-offs.
  • Before the introduction of social media and classified websites, the only way to access a wider network was through the use of the agents and their marketing schemes. But now you can post ads on the Online Classifieds for free, even you can get the help of Social Networking Sites such as Facebook, Twitter, LinkedIn, MySpace etc. to create a roll over the internet networks. The news on the internet spreads faster than anything else.

10 easy steps to sell your house quickly

Selling a house, specifically your home where you have lived for some years is quite a hard decision selling it quickly just makes matters messier.

But since you have to sell it and you have no other choice than it is a wise decision to first get emotionally detached with the property and start thinking rationally.

Here are ten Steps that guarantee you a quick selling of your property and well as a well-paid one too:-
  1. Get emotionally disconnected with your property:- This is a compulsion if you want to sell your house. No matter what memory is attached with it you have to let go of that and start thinking realistically.
  2. Clean your Space :- Most people call it "cleaning of equity". A clean property is guaranteed to bring you more equity than an unclean one. At times the difference is amazingly enormous.
  3. Evaluate your property:- Price your property right. One of the most important things is to know precisely how much your property is worth. Never evaluate your property with the help of an Estate Agent. Get the help of a Chartered Surveyor.
  4. Hire a Lawyer/Solicitor:- Doing this not only helps you get through the paperwork and other legal things easily, it also frees you from the mental stress knowing the fact that someone is working for your good!!
  5. Advertise your Sale:- Put your sale details on newspapers, online classifieds and other place. Just remember to post photos of your property along with the Advertisement as pictures speak many volumes.
  6. Keep your paperwork and other details ready:- If you are going to sell your house for quick cash then having every bit of paper work that is required will help you a lot. If you have some problem with the legal papers consult your solicitor and arrange the same at the earliest. Always prepare and
  7. Know your Buyers:- Always keep a track of the buyers who inquire about your property. Get their contacts details and do some background checks like is he/she a qualified buyer (i.e. one who has the finances arranged), if they are genuinely interested etc.
  8. Stay at home:- No one knows your house better than you, nor can anyone explain about your house better than you. So always be at your home so that you can show your buyers the best of your house.
  9. Title Company:- Arrange for a title company to set up insurance and other title services.
  10. Buyer's Evaluation and Mortgage:- Although half of the work is done by the Title Company, the buyer's lender and mortgage providers will need to do their side of checking.

Monday 9 April 2012

Fast Sell Your Home With http://fast-sell-home.co.uk

Are you in need of urgent cash and want to sell your house quickly?

Well you've just hit the bull's-eye!

Welcome to fast-sell-home the one stop shop for quick property sale all around UK. Most of you must have been already fed up of trying to sell your property, some might even have shouted out loud "Somebody please buy my house quickly!!" or said "I need to sell my house quickly somebody please help me!!" Let's just say we've heard your plea and are here to the rescue! Fast-sell-home.co.uk is one of the best national 'homebuyers' that help you get your "Dream-Deal" and that too in the shortest time.

We are one of the biggest property buyers in UK and buy your houses anywhere within the country and that too houses that are in any condition. So if you want to sell your house very fast while also getting the best possible price for you property in the market, then we are the unmatched option for you.

We offer a Quick and Guaranteed sale of your house or property , after contacting us your house will be sold in a matter of days and not weeks or months as offered by other cash buyers or property agents.

One of the basic reasons why you should contact us is that we offer you a guaranteed bid for property; unlike other property for cash deals that put forward a very large amount but when it comes to payment there are only fake promises, we at Fast-sell-home give you a guarantee that whatever offer is given to you, we will stand true to our part of the bargain.

Dealing with Fast-sell-home involves no hassle at all; whatsoever may be the issue we take comprehensive measure to ensure that over customers or clients have to face no difficulty in selling their properties.

Discretion is also one of the major concerns of the customers, so we also give you our word on the matter of confidentiality. With Fast-sell-home.co.uk dealing with your so called "fast house sale" requirement you will never have to worry about the privacy of the deal. Non-Disclosure is one of the key criteria that we stress upon while dealing with our prized customers.

Due to the volatile and fluctuating economy these days a lot of people are losing their houses in repossessions by the mortgage lenders. We can help you solve this problem once in for all. With the help of the wellknown "Buy and Rent Back" offer, we now buy your house and stop its repossession and then again rent back the same house to you so that you don't have to lose your house.

We being the forerunners of fast property purchase business accept houses in any condition and anywhere in UK and with the assurance that no fake promises as well as no hidden costs are involved while dealing with us. We make you guaranteed and free offer for you property within as little as 4-5 days of contact.

So what else are you waiting for? Now you don't have to request people "Please, Buy my Flat or House or Property". All you have to do is just contact us and say "I want to sell my property" everything else will be taken care of by us.