Welcome to the October edition of the Fish Need Water Newsletter!

It can be challenging to make a decision about your next move with your property, given the current market uncertainty. Rest assured we’re here to assist you every step of the way, whether you’re considering selling your property, or renting it out. It’s not all Doom and Gloom and we’re a quick phonecall away for some friendly advice.

Here’s what we’ve got for you this month:

  • For Landlords: Rental Red Flags: How to Avoid Problem Tenancies & Create the Perfect Letting
  • For Sellers: Changing Estate Agents: Could a fresh Start be the Key to Getting Your Home Sold?
  • Property Industry Eye: Stamp duty cut remains but new chancellor reverses almost all other tax measures

RENTAL RED FLAGS: HOW TO AVOID PROBLEM TENANCIES & CREATE THE PERFECT LETTING

Nothing is more important than getting the right tenants for your rental property – because the choice you make will have a profound impact on your peace of mind and finances.

Whenever we’re contacted by a landlord who’s been having problems at their property, there’s very often something that was missed or skipped before the tenancy started.

A typical story is that things started well, everyone got along, and the landlord was pleased with their choice of new tenants. Then, at some point, something went wrong, and the landlord was left frustrated, disillusioned and out of pocket.

So how can you tell if you’ll get respectful, responsible and reliable tenants before you hand over the keys? More than anything, it’s all about the setup, so we’ll take you through our tried and tested process, to avoid problem tenancies and create stable and long-term lettings. Click HERE

CHANGING ESTATE AGENTS: COULD A FRESH START BE THE KEY TO GETTING YOUR HOME SOLD?

It doesn’t always work out with your first choice of estate agent.

Perhaps things went well at first, but viewings are now thin on the ground. Maybe you sense your agent’s initial enthusiasm has begun to cool. Or you could be wondering if your home was overvalued at the start, particularly if you’re being pressed for a hefty price reduction now.

Being stuck on the market is no fun, and when your neighbours are selling their homes and being whisked away by removal vans, there comes a point when you start to think about a new approach.

But how can you be sure that changing estate agents will turn your fortunes around? Click HERE to keep reading…

STAMP DUTY CUT REMAINS BUT NEW CHANCELLOR REVERSES ALMOST ALL OTHER TAX MEASURES

News just out from Property Industry Eye:” Jeremy Hunt, the new UK chancellor, has junked the bulk of his predecessor Kwasi Kwarteng’s tax cuts in an effort to calm markets.”

“…Following conversations with the prime minister, the chancellor has taken these decisions to ensure the UK’s economic stability and to provide confidence in the government’s commitment to fiscal discipline. The chancellor made clear in his statement that the UK’s public finances must be on a sustainable path into the medium term.

Today’s announcement represents another down payment following the reversal of the corporation tax cut announced on Friday 14 October by the prime minister. The chancellor will publish the government’s fiscal rules alongside an OBR forecast, and further measures, on 31 October.” Measures like the Stamp Duty Land Tax cuts, will, however, stay put, benefitting many people. To read the full article, click HERE.

Is it time to chat to an experienced and trustworthy estate agency?

If you’ve got this far, you’re probably looking at your options for changing estate agents and getting your home SOLD. If that’s the case, we’d love to show you how we can find you a buyer and get your move underway. Call James on 020 31993431 or email him at james@fishneedwater.com to tell us all about your plans.

If you’re a landlord in East Dulwich/South East London, we’d love to show you how we keep tenancies running smoothly at the rental properties we manage. Call us on 020 31993430  or email Anthony directly at anthony@fishneedwater.com to see how we help our clients enjoy a profitable lettings business.