“While rural properties may be devalued by panels not blending into the surroundings, a modern townhouse in the suburbs or city is a different story,” said James Hall, of London estate agent Fishneedwater.
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If you're unhappy with the photos taken by your agent, you have every right to ask them to retake the shots, says James Hall, director of London estate agent Fishneedwater.com. "If your property has a unique feature that you feel needs expert attention, then discuss with your agent. Alternatively, you can organise your own photography." However, Halls warns that hiring a professional photographer could cost between £300 and £1,000 plus VAT, and buyers should not expect their estate agents to reduce their fee accordingly.
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James Hall, director of estate agents Fishneedwater, said: “A chronic shortage of housing and rising employment is exacerbating competition across the country.
“The possibility of rising interest rates by the start of next year could hit borrowers hard, and introduces the risk of those buying now over-reaching themselves.”
The base interest rate has been at a record low level of 0.5 per cent since March 2009.
Though the Bank of England’s Monetary Policy Committee is expected to hold the rate today, experts warn of a rise on the horizon.
The house price increase in July was 1.4 per cent. The Halifax cautioned against reading too much into volatile monthly figures but the quarterly figure also went up – from 2.3 per cent to 3.6 per cent.
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James Hall, director of London estate agents, Fishneedwater, says: ‘It's expected for an estate agent to sing up the market, but right now in the capital it's hard not to. The London property market is stronger, arguably, than it has ever been.
‘First time buyers have been leading the charge for well over a year now and this trend is reflected in the latest data from the Council of Mortgage Lenders. Why is this happening?
‘I think first time buyers are very sensitive to the fact that mortgage rates are about as low as they will ever be and that, if they don't buy soon, they may never get onto the London property ladder...(Continued)
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Having an online presence is essential for the success of many small businesses today. According to serial entrepreneur James Caan, a good website lends credibility to your business. Not having one gives a bad impression to prospective clients, he says. Importantly, it is about letting potential customers know you exist and social media is a great way to drive traffic to your site.
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James Hall, director of estate agents Fishneedwater, said: “Wow, the property market is back, and then some. We’re seeing a huge amount of pent-up demand hit the market at the same time.
“People feel a lot more confident about the economy and, due to the introduction of Government schemes, are finally able to get mortgage finance. Even mortgage rates at higher loan-to-values are exceptional.
“People are piling back into property. Owners and sellers will be pinching themselves. Bidding wars are becoming an everyday occurrence in some areas of the UK. There’s just not enough property going round and this is sending prices ever higher and creating levels of interest for individual properties not seen for many years.”
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James Hall, director of the online estate agents Fishneedwater, said: “There’s just not enough property going round and this is sending prices ever higher and creating levels of interest for individual properties not seen for a long time.
“The property market is back and then some. Bidding wars are becoming an everyday occurrence in some areas of the UK. We’re seeing a huge amount of pent-up demand hit the market. In certain areas of London and the South-east, people are prepared to pay well over the asking price to secure the property they want.”
See the full article here.
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