The new kerb appeal…

Isn’t amazing how times have changed?  Over the years various television property programmes have always told us that initial kerb appeal was vitally important.  A freshly cut lawn, beautiful hanging baskets and a fresh coat of paint always did the job; it would encourage potential buyers to walk through the door, enticing them over the doorstep.  Now, according to a recent survey in the Daily Telegraph, the three biggest “deal sealers” when potential homeowners decide to sign the contract or even make that first viewing, are; weekly bin collections, solar panels and a satellite tv connection.(James Hall Daily Telegraph 17 September 2012).

Richard Doe , Chief Executive of ING Direct, also quoted in the article, said ” Price is obviously king, but knowing and promoting ‘deal sealers’ can give you that vital, competitive edge”.  My view is that whilst you need everything in your favour to promote interest, the old maxim of price, position and presentation still applies.  Trust me, satellite tv will not entice people to fight their way up your overgrown, day of the triffids garden path.  Always look at what is favoured most in your neighbourhood.  For example, if off road parking is a major issue where you live, it is far better to concentrate on maximising the parking space aavailable with your property than the latest mobile ‘phone signal.

Will the new planning laws affect housing prices?

The recent announcement by our Prime Minister that a relaxation in planning laws will give a massive boost to the economy and in particular, house prices, has met with mixed reviews to say the least.   In the past, when the housing market slowed down, people always extended rather than move to the house with the fourth bedroom.  In those days, money was cheap, plentiful and you could actually borrow it.  Today, unless you are prepared to give up your first-born as security, you may struggle to get the all-important mortgage offer or the further advance from your bank or building society to build your extension. So before geting your spade out this weekend to start digging the footings, check that you can finance the extension and more importantly whether adding a fourth bedroom to a property located within a development of three bedroom properties will ever add value and make it more sellable.

So far, according to various press articles and social media postings, the people who will really take advantage of this are those who already live in a sizeable house, don’t have to borrow the money and their nearest neighbout is 300 yards away behind the tennis court and the swimming pool. Nobody will have to worry about their neighbour’s new bedroom looking straight into the family bathroom or blocking the light coming into the kitchen.

How can I move without selling my house?

Thre are many reasons why people wish to move house other than they just want a bigger, smarter house. Schools, jobs, family commitments and being closer to elderly relatives can all determine where someone needs to live.  During the past 12 months,we at Cheshire and Co have been increasingly helping a number of people who need to move but cannot sell their house.  We have been able to let their current property to quality tenants and then help them find a rental property in their desired area.  We have found that our clients have appreciated our professional services when helping them negotiate the rental price and lease terms of their new property.  To help matters even more and give further peace of mind to our clients, we have been able to protect the rental payments on their existing home at no extra cost.  Our clients know that the rental payments on the house that they are leaving are fully protected.  Many agents offer similar types of rental protection, but at an inflated cost.

Contact us at Cheshire and Co to discuss what options are available to you to ensure that your home is fully protected.