Here’s what we’ve got coming up:
- Is now the worst time to be selling your property?
- Landlords: yet more consultation documents to be aware of.
- All the latest need-to-know news.
- Top tool: Buy-to-Let Rental Yield Map 2017/2018.Should you sell your property now, or “wait it out”?
You might be thinking that now’s the worst time to be selling your property in London. After all, prices are flat or dropping, discounts from the asking price are 4% up (up from 0.4% four years ago), and no one seems to be putting their home on the market because of this perceived weakness.
But if you’re planning to “wait it out”… we suggest you don’t!
That’s because Rightmove is getting more traffic than ever – a leading indicator that lots of buyers are becoming interested, and that things are about to pick up in a big way.
You’ll need to work with a reputable agent who has a knack for marketing properties in the right way (to make sure it’s YOUR property these buyers are looking at and outbidding each other for), but even so: putting your place on the market now is probably a better move than waiting anything out.
Want to speak to us about selling your property? Give us a call! 020 3199 3492
More “consultations” that could affect landlords…
The Ministry for Housing Communities and Local Government has SO many consultation documents coming out that it’s hard to keep up with them all.
Two of the latest ones are:
Whatever the result of these consultations, you’ll need to keep up with them all and make sure you’re adhering to any new rules.
If you’d like to speak to us about managing your property for you (and dealing with all the legal rigmarole that goes with it), get in touch: 020 3199 3492
It’s been a busy ol’ month…
London posh-home lettings hit record high. Houses in prime areas of the capital are fetching up to £18,000-a-week rent as demand rises. Wow.
New schemes to help first-time buyers get on the London property ladder. Including Sadiq Khan’s new “first dibs” policy.
Why homeowners in these boroughs are seeing the biggest price rises in the capital. Contains a nice interactive map for you to play around with.
Ghost towers: half of new-build luxury London flats fail to sell. They come complete with private gyms, swimming pools and cinema rooms, but they’re lying empty
Our useful tool of the month
The Buy-to-Let Rental Yield Map 2017/2018 is a bit of a geektastic tool, but it’s jolly useful – regardless of whether you’re a newbie or seasoned investor.
The end! (Until next month.)
Speak to you soon!